This week’s latest memo from Howard Mark’s of Oaktree Capital is a must read, as opposed to most articles which are about “Bubble! Bubble!” or “This is 2007!”, there is a far more nuance and thought in his analysis and I’ll show this short quote below, and highly recommend you read the rest of his […]

Read More →

REITs will change the landscape quite a fair bit for several companies with income-recurring assets on hand, the ability to leverage (something which property funds can only do up to 10%) will allow firms like Ticon and CPN amongst several others to further expand without requiring an equity increase. But the delay has been in […]

Read More →

We’ve longed wondered how long this will take, and now with their upcoming IFF which has the funniest terms you’ll ever read for a fund, what rate would investors be willing to pay? Plus I still think the company is worth less than 0 baht/share Moody’s Investors Service has downgraded the corporate family rating of […]

Read More →

Thailand Rate cut to offset mounting risks, growth also slashed to 3% from 3.7% — The Monetary Policy Committee (MPC) unexpectedly lowered the policy interest rate by 25 basis points yesterday to 2.25% following rising downside risks to growth partly triggered by the ongoing political tensions. (Bangkok Post, 28/11/13) Export growth this year to be […]

Read More →

BMCL SRT advised not to take BMCL rights offer — The SRT’s financial advisor has concluded that SRT should not inject equity into BMCL, as it will remain in control despite the dilution of its holding to 14% if it does not take the capital increase rights offering. SRT will host a meeting today to […]

Read More →