The clever folks at Asia Plus Securities put this out earlier in the week showing what foreign investors have been selling in Thailand during the month of November. And the damage is clear to see, telco’s especially ADVANC are being hurt badly followed by the banks, why? We hypothesize that well both sectors are overvalued, […]
Read More →Not directly related to the market but its interesting to see the latest numbers from Instagram showing that the #1 location in the world was Siam Paragon and that for the most instagrammed cities, Bangkok was #2, you can see below for the whole list. Now if I’m reaching for an investment case…well high number […]
Read More →ADVANC Cuts revenue target — ADVANC has lowered its revenue target for the year to 5-6% from 6-8% as it expects the slowdown in the economy to continue affecting earnings from 3Q13 through to 4Q13. (Khao Hoon, 20/11/13) Comment: And it looks like it will be the same story next year, management isn’t really open […]
Read More →Well Politics politics politics were the main news for the past week, however point your eyes to how the telecom sector has been performing, average numbers from ADVANC has hurt the sector badly and given that’s one of the largest sectors on the SET, it may continue to be a drag on any market rally. […]
Read More →Politics – This is the first time I’ve seen so many white collar folks actually join in protests, Mr. T your respect is waning rather quickly, perhaps he should be less dictatorial in pushing things through parliament Politics – CP Group had been telling their staff to take the day off and to go and […]
Read More →ADVANC Economic slowdown leads to cut in target — ADVANC slashed its revenue target for the year to 5-6% from 6-8% due to the slowdown in the economy. Its 3Q13 net profit shrank to Bt8.34bn, with 9M13 net profit of Bt27.46bn, growth of only 3.9% YoY. (Khao Hoon, 06/11/13) Comment: Will this dividend behemoth finally […]
Read More →ADVANC AIS introduces celebrities app for new revenue – Mobile leader Advanced Info Service (AIS) is extending its chargeable mobile content service in a drive to boost the strength of its non-voice business and increase revenue. The company launched yesterday what it calls a celebrities app, dubbed the first time in the mobile industry brand […]
Read More →ADVANC AIS tries new approach for roaming fees – Advanced Info Service (AIS) is introducing an unlimited mobile chat package to ease consumer fears over exorbitant international roaming fees when using their phone overseas. (Bangkok Post, 08/10/13) CMO New venture with Zaap — CMO announced a joint venture with Zaap, called CMO-Zaap, a new company […]
Read More →ADVANC AIS gears up for 4G network expansion – Advanced Info Service is gearing up for fourth-generation (4G) network expansion on multi-frequency networks next year. AIS chief executive Wichian Mektrakarn said it could not afford to lose the auction for the 1800 MHz frequency planned for next September. (Bangkok Post, 02/10/13) Comment: WOOOOOO 4G. HEMRAJ […]
Read More →ADVANC AIS moves to become leader in mobile payments – Advanced Info Service (AIS) will launch a new mobile-wallet service for online shopping. Already the largest mobile operator, the move is aimed at becoming the leader in mobile payments. The virtual credit card payment service, which AIS claims is the first in Thailand, lets online […]
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