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39 factories close due to flood

Thailand’s flood crisis has initially forced 39 factories to shut their doors, leading to unemployment for more than 10,000 workers, according to Minister of Labour Phadermchai Sasomsab. Mr Phadermchai said…

December 2, 2011Comments Off on 39 factories close due to floodRead More

Robinson Department Store (ROBI.BK/ROBINS TB)*: Provincial powerhouse

We reinitiate coverage on ROBINS with a rating of Outperform. Our target price of Bt50.00 is based on DCF valuation, with WACC of 11.5% and terminal growth rate of 3%.…

December 2, 2011Comments Off on Robinson Department Store (ROBI.BK/ROBINS TB)*: Provincial powerhouseRead More

Hemaraj Land and Development Plc. (HEMR.BK/HEMRAJ TB): Positive investment sentiment

At yesterday’s analyst meeting, HEMRAJ’s management expressed its confidence that the company would achieve its land sales target of 1,700 rai supported by good investment momentum in Thailand even with…

December 1, 2011Comments Off on Hemaraj Land and Development Plc. (HEMR.BK/HEMRAJ TB): Positive investment sentimentRead More

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