So a Bangkok shut down is now underway and there is ZERO traffic on the streets and even the BTS was easy to get on and off despite fears of it being overloaded. The EC has advised the government to delay the election to May 4, we’ll see if that happens and foreign investors have basically stayed away from Thailand as selling has been muted.
TRIS has rated AP’s Bt1.5bn debenture at A- reflecting strong business position, many varieties of product line, and backlog which supports revenue in the future. (Khao Hoon, 13/1/14)
Comment: Had a good discussion with friends about AP, they seem to be limited on the management side to constantly expand their business and thus the loopy revenue structure of the business over the years
BEAUTY invests Bt287mn in 2014 to add 13 overseas branches and 65 domestic branches which is expected to support revenue growth of 30% YoY and net profit growth of 20% YoY. (Khao Hoon, 13/1/14)
Comment: BEAUTY seems to want to outgrow KAMART Continue reading Stocks in the news (ap, beauty, cpf, gfpt, samart, ticon) 13.01.14
Just in case you don’t already know, these are the roads that are shutdown today and most likely for the next couple of days
Source: The Nation