It’s no surprise that 1Q15 numbers were weak, for the full year I have my doubts on Thailand being able to achieve the 3.4% prediction that comes out of the government, why? Exports are weak, Imports will pick up (should oil prices maintain these lvls), Consumption is weak (debt is too high), Government spending is […]
Read More →AIRA Board approves capital increase of 3.16bn shares to be offered at rights of 5 old shares to 2 new shares for Bt1/share plus AIRA-W1 and AIRA-W2. 1Q15 earnings showed a profit of Bt13mn compared to 1Q14 loss of Bt31mn. (Thun Hoon, 18/05/15) AOT AOT reported 2Q15 net profit of Bt4.8bn (+32.36% YoY) benefitting from […]
Read More →The market rebounded slightly last week but is still under pressure with earnings and expectations of government actions finally declining to reality. This morning Thai GDP numbers are to be released and we’ve heard that more Trigger Funds are going to be issued by asset managers which may buoy the market slightly for the next […]
Read More →Notable transactions Buy(s) THB 84mn JUBILE – The founder and CEO decided to buy a significant amount in the market. Sell(s) THB 0.5 mn n/a
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