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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…
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%.…
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…
EASTW – Good dividend yield of 7-9% supported by secured earnings
We initiate coverage on EASTW with a rating of Outperform and a DCF based target price of Bt8.80. It is our top pick due to its strong dividend yield of…
Utilities sector (Water): Oasis amid the storm
Most defensive sector among the dividend plays We see Thailand’s water sector as the most defensive among the dividend plays, even compared to power developers. This is due to a…
TESCO LOTUS STAFF & CUSTOMERS JOIN TOGETHER TO CLEAN UP AYUTTHAYA
Tesco Lotus, in partnership with Ayutthaya Province, today [Saturday 26th November] hosted a ‘Big Cleaning Day’ at Ayutthaya, which saw [over 1,000] staff and customers joining together to help clean…
Deputy Prime Minister Chalerm will be the amnesty law EX – PM Thaksin back.
Deputy Prime Minister Chalerm Yoobamrung on Thursday said he will continue to push for an amnesty law which will pave the way for ousted prime minister Thaksin Shinawatra to return…
Thousands of workers lost their jobs.
Almost four thousand workers lost their jobs at flood-wrecked plants in this historic former capital, according to the Ayutthaya provincial labour chief. Wannarat Srisuksa, chief of the Ayutthaya labour protection…
Mitsubishi Motors to show the new Mitsubishi Triton and Pajero Sport in the 28th Motor Expo
Pathumthani- November 24, 2011 Mitsubishi Motors Thailand to show all Mitsubishi models including the new Mitsubishi Triton 2.5 VG Turbo 178 HP, Pajero Sport, Lancer EX and Lancer 1.6 L.…
Cleaning up World Heritage Sites
Tesco Lotus is presenting 2,000 “house clean-up packs” to flood victims for them to recover their houses in the “Big Cleaning Day” activity, under the Tesco Lotus 1 Million Hours…
