NBTC to subsidise digital switch

More populist policies from the government, I won’t start a rant about how the government is throwing more of my tax-paying money for their own self interests i.e. CTH, but will try to consider this from a stock perspective.

Who benefits? Well I believe Grammy, RS, and Work will be benefit as they are linked to this digital/satellite industry.

Who loses? True, why would anyone want to use True’s cable boxes if the satellite system offers more options for a cheaper price.

All 22 million households in Thailand look set to receive a subsidy package to upgrade to a digital television set or set-top box to ease the nationwide transition to a digital TV system. Continue reading NBTC to subsidise digital switch

Stocks in the news (ck, oishi, mcot, ptt, pttep, wha) – 15.01.13

CK – Expects good 1Q13 revenues — CK said 1Q13 revenue will be good after booking revenue from several construction projects. Currently, the company has backlog of Bt163bn. 1Q13 earnings will also be boosted by the booking of the sale of its shares in TTW to BECL. CK plans to list CK Power in March. (Khao Hoon, 15/01/13)

Comment: CK’s share price performance has been linked to the infrastructure funds and its company’s reorganisation of its holding structure to take advantage of it

OISHI – Recovery ahead — OISHI expects a recovery in the company’s performance, as it plans to operate at full capacity this year. It will introduce two new flavors, “Strawberry Melon” and “”Lemon Berry”, for its fruit tea product line, Fruito. The company targets sales for the first year to reach Bt500-800mn and expects its beverage business to grow double digits this year. The company plans to increase its market share by 5%, to stand above 50%. (Khao Hoon, 15/01/13)

MCOT – MCOT exits digital TV race — MCOT, the operator of Modernine TV, has had to drop its plan to acquire a permit to operate a public digital terrestrial TV channel because of unfavorable regulations. According to NBTC regulations, the operator of a public digital terrestrial TV channel is not allowed to make a profit, but may earn just enough revenue to run the business. This may have been a problem for the listed MCOT. However, MCOT’s plan to bid for three commercial licenses to operate channels for children/family, news/information and general programs remains unchanged. As well, it wants to have an operating license for a high-definition channel. (Nation, 15/01/2013)

Comment: I don’t really see the growth impact on the industry with this digital satellite play that has pushed up several of the production co’s i.e. WORK plc, perhaps someone could help enlighten me

PTT – PTT unveils B1tn blueprint — The PTT group plans to invest Bt1tn under its five-year investment plan through 2017, says chief executive Pailin Chuchottaworn. (Bangkok Post, 15/01/13) Continue reading Stocks in the news (ck, oishi, mcot, ptt, pttep, wha) – 15.01.13