The market has continued to get weaker in the past week for the same reasons 1) Weaker THB 2) Continued weakening economy etc etc, now another thought has entered into my mind, historically the USD gets weaker after the first rate hike for a few months, should we expect this to happen will SE Asian […]
Read More →The opportunity days are back! Starting today you can begin to look go and listen to the owners/CEOs/Presidents’ of listed companies talk about their latest earnings or even stream them online. My analyst just reminded me, the schedule may change from day to day so you’ll have to continually check the SET website. Enjoy! […]
Read More →Notable Transactions Buy(s) THB 91 mn GUNKUL – The assistant MD buys THB 51 mn worth of shares, a week before 2Q #’s are announced..(just out and earnings were up 70% YoY on a Q basis, however 50% down on 1H comp) IFEC – The “spouse” of the CEO is dumping warrants and buying shares, […]
Read More →So there’s been a lot of news regarding a potential Cabinet reshuffle that has several people excited, here are some of the possible options Timeline: Early Aug, the reshuffle could take place, according to Nation newspaper mentioning a source from Government House. Somkid – Industry Minister – Somkid Jatusripitak, a former Finance Minister in the Thaksin […]
Read More →I’ve been sent this article too many times to count this past week, so here are my thoughts on it: In a series of speeches, military leader-turned-Prime Minister Prayuth has claimed the country’s declining gross domestic product is the product of his valiant corruption crackdown (and partly weak exports, too). “It’s because some people spend […]
Read More →The financial media has been all over the story that Emerging Market’s are now no longer an attractive investment destination. And how can we disagree with GDP growth declining throughout the region, fund flow into European equities and fixed income continuing to accelerate and the US Dollar continuing on its tear. When the Fed first […]
Read More →MPC keeps policy rate on hold, Weak baht seen as helpful to recovery – The Bank of Thailand’s Monetary Policy Committee (MPC) yesterday kept its policy interest rate unchanged for a second straight meeting. It believed this year’s two interest rate cuts and the baht at a six-year low were accommodative to exports and an economic recovery even […]
Read More →AKR AKR is seeing demand recovery. It expects 2Q15 profit to be positive backed by revenue recognition. It expects 3Q15 earnings to mark a record high. It is ready for an upcoming bid for the MEA valued at Bt2bn. It expects 2015 revenue will hit target growth of 10% aided by huge orders for solar […]
Read More →AJP AJP will change its name to DCORP and plans to invest in the power business. It plans to go to China to study a project that it wants to operate in Thailand. (Khao Hoon, 06/08/15) ANAN ANAN plans to launch seven condominiums valued at Bt20.3bn in 2H15. 1H15 presales reached Bt12.5bn (+227%). It is […]
Read More →BEAUTY BEAUTY wound up a road show in London and Edinburgh and response was better than it had expected. It expects 2005 revenue to be higher than Bt1.7bn (20%b growth), benefitting from more stores and new products. (Khao Hoon, 05/08/15) CHO CHO expects to sign a contract for 489 NGV buses with BMTA on Aug 17 after […]
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