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BUSINESS

Siam Commercial Bank's purchase of crypto exchange Bitkub stalled

Published on 01/08/2022

» A deal to sell a majority stake in Thailand’s largest crypto exchange to the nation’s oldest bank remains stuck in due diligence more than eight months after the plan was unveiled, according to the platform’s co-founder.

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BUSINESS

Most EPS forecasts revised downward

Business, Published on 14/09/2019

» We have cut our earnings per share (EPS) forecasts for 2019 and 2020 after the Stock Exchange of Thailand reported second-quarter EPS of 20.53 baht, well below our expectations of 23.30 baht, as well as a string of earnings downgrades for stocks under (and outside) Tisco's coverage.

BUSINESS

Point of view

Business, Published on 27/10/2018

» On Oct 24, the S&P 500 registered a month-to-date return of -8.8%, the worst monthly showing since February 2009 (the bottom of the financial crisis), wiping out the entire year-to-date gain.

BUSINESS

Not the time to sell

Business, Published on 21/07/2018

» The SET index touched an all-time-high intra-day peak of 1,852 points at the end of February this year. By the end of June, it was 14% off that peak, falling to around 1,600. One of the chief culprits was extreme foreign fund outflows.