BEM BEM expects revenue growth of 10% for rail operations and 2% for expressway, on the back of a full year of revenue from the MRT Purple Line and Sri Rat outer ring. It plans to buy 35 new trains. The MRT Blue Line extension is expected to open ahead of schedule, boosting ridership above […]
Read More →I do wonder quite often about the ICT sector these days, a dog for 12 months + could valuations be attractive at these levels? YTD it has been one of the best performers.
Read More →Notable Transactions Buy(s) THB 32.5mn N/A Sell(s) THB 81.6 mn N/A
Read More →A new Excise Tax Act will come into effect this September, the top Excise Department figure said. Somchai Poolsavasdi, director-general of the Excise Department, said the newly drafted Excise Tax Act will come into effect 180 days, or September 16, after the bill was publicised by the Royal Gazette on March 20, according to a […]
Read More →A wonderful opinion piece/article on Trump, the US government, the issues its facing, the economy. Just wonderful. Here are some snippets and a link to the rest of the paper As I said at the beginning, there are three impediments to the Trump administration making significant economic progress in its first year. The first is […]
Read More →And so the rubbish that was raised by the government 6-8 weeks ago has finally subsided. The Agricultural Land Reform Office (Alro) said Wednesday that 16 wind farm projects located on Sor Por Kor government land are legal and can continue as planned. … Gen Chatchai said Alro also found that the 16 companies have […]
Read More →ASK ASK expects 2017 earnings to continue to mark new highs. It targets loan growth of 10-15% brought by loans for trucks. It expects to control NPLs to below 1.9%. It plans expansion. (Thun Hoon, 31/03/17) Comment: What slowdown? What crisis? ASK seems to be ticking along just fine CBG CBG targets 2017 revenue […]
Read More →BIG BIG aims for full-year revenue growth of 10-20%. It is holding Big Camera Festival 2017 to boost 2Q17 revenue. (Thun Hoon, 30/03/17) Comment: Potentially Q1 and Q2 could show decent YoY numbers but I doubt there’ll be anything explosive unless there is a new business plan that the management team has in mind CK […]
Read More →ANAN ANAN plans to launch 17 projects, valued at Bt41.8bn. This will lift its backlog from Bt41.2bn – enough to cover revenue through next year. (Thun Hoon, 29/03/17) Comment: And the story continues the same as it has been for the past few years for ANAN, whilst the smart city story is a nice just […]
Read More →Should we be surprised that within 24 hours both Bloomberg and the Economist came out with negative news headlines and articles for the Thai military leaders? Now before I start I should state the obvious disclaimer “I love the military”, there we go, now I wont’ be invited for a cup of tea for attitude […]
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