BAY BAY doubles capacity for mobile banking transactions. Bank of Ayudhya (BAY), the country’s fifthlargest commercial bank by assets, has doubled its mobile banking transaction capacity to keep pace with booming online volume and to comply with Thai Bankers’ Association (TBA) measures to prevent a future system crash. (Bangkok Post, 29/10/18) COM7 COM7 expects 4Q18 […]
Read More →Notable Transactions Buy(s) THB 471 mn RS – Quite the buys by the major shareholders in RS then again they were buying heavily in the 20’s as well. THG – His hospital stock hasn’t been performing very well. Why? It ipo’ed at ridiculous valuations and this retirement home plan isn’t working out just now Sell(s) […]
Read More →For what has felt like a bad year thus far for the local market, it is still only down 7% for the year with most of the drop occurring during the month of October. Part of me thinks there will be a year end rally to narrow the loss into the end of the year…I […]
Read More →Somkid orders price hike curbs. The Commerce Ministry is being ordered to take more effective measures to combat unreasonable consumer product price hikes, while continuing to boost the grassroots economy. (Bloomberg, 24/10/18) Remaining 35MHz to be auctioned next year. The telecom regulator plans to sell leftover bandwidth on the 1800-megahertz spectrum in February — the […]
Read More →ADVANC ADVANC is working with HIP Global to develop NB-IoT Motor Tracker. This equipment will increase the operational efficiency in Metropolitan Police Division 1 and nine police stations around Bangkok. (Kao Hoon, 26/10/18) CK CK is raising its backlog target and maintains growth of 8-10% a year at least for five years. (Thun Hoon, 26/10/18) […]
Read More →ANAN Luxury condo presales at 70%. ANAN says Ashton Silom, its luxury condominium, has reached presales of 70% of a total value of Bt6.03bn. The target customers of this condominium are both Thais and foreigners enjoying an urban lifestyle. (Thun Hoon, 25/10/18) Comment: And apparently this is part of their strategy, keep the remaining 30% […]
Read More →CHO CHO expects to be awarded two mega projects for Khon Kaen city development as northern regional hub with total value of Bt26.96bn. The results will be known soon. If it wins these projects, its revenue and earnings will increase significantly. (Thun Hoon, 24/10/18) Comment: Well, it won’t be getting that full value, b/c part […]
Read More →GPSC GPSC fell sharply by 10.12% after GPSC prepared to appeal to the Energy Regulatory Commission (ERC) after the GLOW acquisition was denied. It has 30 days to appeal on the grounds of maintaining shareholder interest. It reiterated that the acquisition is required by regulations. (Kao Hoon, 22/10/18) Comment: We have our doubts that this […]
Read More →And now the market is down for the past months. If oil goes, there goes the market. Ah well, so much for this pre-election rally when global issues such as interest rates rises and trade wars are occurring.
Read More →SME fund bill bound for cabinet. The Finance Ministry will seek cabinet approval to require financial institutions to contribute 0.001% of their deposit base to a fund tasked with promoting small and mediumsized enterprises (SMEs). A legal amendment is needed for the contribution requirement and the fund is expected to receive Bt100mn in contributions if […]
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