Results 1 to 14 of 14
  1. #1
    Mid
    Mid is offline
    Thailand Expat
    Mid's Avatar
    Join Date
    Aug 2007
    Last Online
    @
    Posts
    1,413

    SET surges, led by Shinawatra family-related shares

    SET surges, led by Shinawatra family-related shares
    BANGKOK, Dec 25





    (TNA) – The Stock Exchange of Thailand’s composite index surged in Tuesday’s morning trading session, led by blue-chip stocks in banking and energy sectors and shares related to the Shinawatra family of ousted prime minister Thaksin Shinawatra.

    The SET index opened higher by 8 points and stayed volatile for a while before gaining momentum to close at 832.57, up 18.97 points or 2.33 per cent, with a moderate trading value of 9.12 billion baht.

    A source said stocks of all companies related to the Shinawatra family went up across the board after the People Power Party, generally known as a proxy party of the ousted prime minister, won 232 out of 480 parliamentary seats in the general election on December 23.

    For instance, the stock price of SC Assets Plc (SC) surged by 1.60 baht or almost 14 per cent to 11.70 baht in the morning trading session.

    Major shareholders of the company include Paethongtan and Pinthongta, children of the self-exile Thaksin, Khunying Pojaman, wife of the ex-premier, and Bannapot Damapong, brother of Khunying Pojaman.

    The share price of M. Link Asia Corporation Plc (MLINK) soared by 16.4 per cent to 1.28 baht. The company is mainly owned by the Wongsawat family, which is a close relative of Mr. Thaksin.

    Other stocks include Wyncoast Indusrtrial Park (WIN) up 6.84 per cent to 1.25 baht, Advanced Info Services (ADVANC) up 2.2 per cent to 93 baht, Shin Satellite (SATTEL) up 8.02 per cent to 10.10 baht, Shin Corporation (SHIN) up 3.24 per cent to 25.50 baht, and CS LoxInfo (CSL) up 1.57 per cent to 3.88 baht. (TNA) – E005

    enews.mcot.net


    first sign of a vote of confidence for the future of Thailand ?

  2. #2
    watterinja
    Guest
    Ever so glad to be getting out of this place. Makes me want to puke.

  3. #3
    I am in Jail
    Butterfly's Avatar
    Join Date
    Mar 2006
    Last Online
    01-02-2019 @ 03:12 PM
    Posts
    39,832
    I think they are going to whack him eventually,

  4. #4
    Member

    Join Date
    May 2007
    Last Online
    23-12-2009 @ 08:30 AM
    Posts
    444
    ^agreed

  5. #5
    Member

    Join Date
    Oct 2007
    Last Online
    18-02-2009 @ 03:51 AM
    Posts
    269
    A vote of confidence in Thaksin manipulating things to the advantage of the family business.

  6. #6
    Thailand Expat Texpat's Avatar
    Join Date
    Jan 2006
    Last Online
    @
    Location
    In your head
    Posts
    13,014
    Hurray! Thaksin's back!

  7. #7
    I am in Jail
    DaveRobin's Avatar
    Join Date
    Jan 2008
    Last Online
    19-02-2012 @ 09:16 PM
    Posts
    590
    A journalist named Paul Handley wrote an interesting book that suggested a big business relationship between Thaksin and his 'future boss'. You can read a very revealing review in the Asian Sentinel if you google that suggests the reason for last year's coup wasn't corruption as everyone felt

  8. #8
    disturbance in the Turnip baldrick's Avatar
    Join Date
    Apr 2006
    Last Online
    Today @ 06:46 AM
    Location
    Heidleberg
    Posts
    21,523
    ^ was this the one you were referring to ?

    Asia Sentinel - Royal Maneuvers

  9. #9
    I am in Jail
    DaveRobin's Avatar
    Join Date
    Jan 2008
    Last Online
    19-02-2012 @ 09:16 PM
    Posts
    590
    Quote Originally Posted by baldrick View Post
    ^ was this the one you were referring to ?

    Asia Sentinel - Royal Maneuvers
    Yep, and everytime I try to open this page there's a technical problem and the window closes - suspicious!

    Anyone else with the same problem or am I paranoid?

  10. #10
    disturbance in the Turnip baldrick's Avatar
    Join Date
    Apr 2006
    Last Online
    Today @ 06:46 AM
    Location
    Heidleberg
    Posts
    21,523
    maybe you are paranoid - though I am using firefox with no script - and true

  11. #11
    RIP
    Happyman's Avatar
    Join Date
    Aug 2007
    Last Online
    31-01-2011 @ 09:29 PM
    Location
    Rawai Phuket
    Posts
    6,010
    Quote Originally Posted by DaveRobin View Post
    Quote Originally Posted by baldrick View Post
    ^ was this the one you were referring to ?

    Asia Sentinel - Royal Maneuvers
    Yep, and everytime I try to open this page there's a technical problem and the window closes - suspicious!

    Anyone else with the same problem or am I paranoid?
    Opens ok for me

  12. #12
    I am in Jail
    DaveRobin's Avatar
    Join Date
    Jan 2008
    Last Online
    19-02-2012 @ 09:16 PM
    Posts
    590
    I click, it opens then the browser closes.

    The guys that can open it - are you in Thailand?

  13. #13
    disturbance in the Turnip baldrick's Avatar
    Join Date
    Apr 2006
    Last Online
    Today @ 06:46 AM
    Location
    Heidleberg
    Posts
    21,523
    ^yes.

  14. #14
    Member unkleblacky's Avatar
    Join Date
    Oct 2007
    Last Online
    22-01-2018 @ 07:49 PM
    Location
    Guernsey, United Kingdom
    Posts
    251
    yes i am thailand, bangkok, in an apartment block that has true wifi and it opens fine for me in FF

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •