Land ahoy!
Article Abstract:
An analysis of Bangkok Land's initial public offering and its activities indicates that the company's securities are not advisable long-term investments. Although Bangkok Land's listing in the Thailand Stock Exchange has caused the share prices to increase from 90 baht to 181 baht in three days, analysts forecast that it will slump after a few months. Claims the company made about having sold 80% of its real estate developments and the accounting method recording sales long before receiving payment, must be viewed with apprehension and taken into consideration before deciding to invest in the company.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1992
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Defiant roadshow: Thai speculator blasts authorities
Article Abstract:
Thai stock trader Song Vatcharasriroj blames government regulators and the stock exchange board for the losses suffered by speculators during the last two months of 1992. Song claims that the market would have been sound had authorities not stepped in to arrest him. The speculator, who is out on bail pending the filing of stock manipulation chargesagainst him, has also been calling for more government credit to brokers and investors to compensate for their losses.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1993
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In safe hands
Article Abstract:
Financial wizard Chumpol Na Lamlieng will take over as president of one of Thailand's foremost blue-chip companies, Siam Cement Co., on Jan 1, 1993. Known for his financial expertise and cautious approach, Lamlieng will need to maintain profitability in an environment threatened by fall in demand, fresh competition from Thailand's TPI group and rising interest costs.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1992
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