AMATA: anticipates recovery IE land sales 2Q from migration of production-base to TH from China, 70% of Bt 3.7b backlog to realize this year, in talk clients to sell 280 acres land, maintain 402 acres full year target. Comment: What EEC story? BEC: sees 2H turnaround as costs drop aft return 2 DTV licenses, seeks […]
Read More →Notable Transactions Buy(s) THB 104 mn UREKA – Not sure what the director sees here unless there’s a turnaround on the horizon Sell(s) THB 99 mn HMPRO – That’s another massive sale (THB 82 mn) by the Chairman
Read More →And so, the quick recovery from the beginning of the year has almost full retraced. The sectors (resources and services) are the two holding the market. Earnings for 1Q19 were average..again..and politics is still the same basketcase. I still hold out for 2 scenarios 1) weak coalition government with a ridiculous amount of infighting leading […]
Read More →Draft windfall tax on EEC agenda : Agency to discuss details of levy with Finance Ministry soon. The Eastern Economic Corridor (EEC) Office plans to talk with the Finance Ministry soon about a draft bill on taxing windfall gains to collect capital gains tax from companies, property owners and speculators that are expected to gain […]
Read More →BAY appoints former MUFG NY executive, Seiichiro Akita, to be president & CEO. BPP maintain full year EBITDA target >Bt5.91b FY18, will cod additional 71mw in 2H, 1,320mw coal fired pp & 80mw Vietnam windfarm to cod next year, in talk partner to develop 400mw solar projects in Vietnam, expects to wrap up by end […]
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