awayfoe Posted April 11, 2008 Share Posted April 11, 2008 report from bangkok post today after loss B 977 M k-tech will seek protection under the central bankruptcy court ! the SET said this dad forced the company to reduce the amount due from customers for contract work and construction and was also forced to set up allowances for trade accounts. long life to OCEAN 1 ??????? Link to comment Share on other sites More sharing options...
Basil B Posted April 11, 2008 Share Posted April 11, 2008 I do not know what I believe is true but did not KT start to build VT7 but are no longer the main contractor? BB Link to comment Share on other sites More sharing options...
Humphrey Bear Posted April 12, 2008 Share Posted April 12, 2008 When the old man was alive this was a good firm. But I've not heard good reports for the four years or more since he died. Link to comment Share on other sites More sharing options...
William Osborne Posted April 22, 2009 Share Posted April 22, 2009 (edited) Ocean 1 was a retarded idea even in the boom times, the only saving grace is that they they didn't get up halfway and think "shit, this isn't going to work" and leave a unfinished eyesore in Jomtien... most building companies in Thailand have less vision than your average goldfish... 1997 ??? Edited April 22, 2009 by William Osborne Link to comment Share on other sites More sharing options...
MeetJohnDoe Posted April 22, 2009 Share Posted April 22, 2009 This was predicted by the prescient members of this forum a year or so ago...would have been a good stock to short Link to comment Share on other sites More sharing options...
Chaimai Posted April 22, 2009 Share Posted April 22, 2009 (edited) This was predicted by the prescient members of this forum a year or so ago...would have been a good stock to short Now, how would you have known that ? - joined 29 Nov 2008 Edited April 22, 2009 by Chaimai Link to comment Share on other sites More sharing options...
JR Texas Posted April 23, 2009 Share Posted April 23, 2009 This was predicted by the prescient members of this forum a year or so ago...would have been a good stock to short Predicted by me and many others........real estate hype from the beginning.......everything done with smoke and mirrors. Pattaya-Jomtien is not Monaco. It is not a first-class tourist destination and never will be (that is reserved for Phuket). There are some people who actually think that if you run off--via visa rule changes and price increases--95% of your traditional tourist base (low to middle class tourists), Pattaya-Jomtien will morph into a new Monaco. If you believe that, I have some great ocean-front property for sale in central Saudi Arabia........anybody interested? Link to comment Share on other sites More sharing options...
IanForbes Posted April 23, 2009 Share Posted April 23, 2009 As far as value for your dollar is concerned Pattaya is a FAR better deal than Phuket. But, you have to understand your tourist base and who is spending what, where. I agree that Pattaya will never become another Monaco... but who would want it to be? Pattaya is a FAR better destination than Monaco will ever be. Monaco is for people who think their feces don't stink. Pattaya is for the other 90%. Link to comment Share on other sites More sharing options...
soundman Posted April 23, 2009 Share Posted April 23, 2009 Pattaya-Jomtien is not Monaco. It is not a first-class tourist destination and never will be (that is reserved for Phuket). :cheesy: My keyboard is covered in cofee JR. I'll send you the bill. Link to comment Share on other sites More sharing options...
CHdiver Posted April 23, 2009 Share Posted April 23, 2009 Ocean 1 was a retarded idea even in the boom times, the only saving grace is that they they didn't get up halfway and think "shit, this isn't going to work" and leave a unfinished eyesore in Jomtien...most building companies in Thailand have less vision than your average goldfish... 1997 ??? I agree, much better to use the money from the sold units to buy a nice (Company?) Car. Driving a nice Maserati around town helps to make Pattaya much more upmarket. Link to comment Share on other sites More sharing options...
Boater Posted April 23, 2009 Share Posted April 23, 2009 Driving a nice Maserati i thought he was driving a nice 26 million THB Bently Link to comment Share on other sites More sharing options...
Asianrider Posted April 23, 2009 Share Posted April 23, 2009 What projects are K-Tech currently working on ? Link to comment Share on other sites More sharing options...
Barack Posted April 25, 2009 Share Posted April 25, 2009 report from bangkok post today after loss B 977 M k-tech will seek protection under the central bankruptcy court !the SET said this dad forced the company to reduce the amount due from customers for contract work and construction and was also forced to set up allowances for trade accounts. long life to OCEAN 1 ??????? Me and my friends were unable to find this story in the BP (on-line version). Perhaps it was in a hard copy version. Can anyone substaniate the OP? Link to comment Share on other sites More sharing options...
Basil B Posted April 25, 2009 Share Posted April 25, 2009 report from bangkok post today after loss B 977 M k-tech will seek protection under the central bankruptcy court !the SET said this dad forced the company to reduce the amount due from customers for contract work and construction and was also forced to set up allowances for trade accounts. long life to OCEAN 1 ??????? Me and my friends were unable to find this story in the BP (on-line version). Perhaps it was in a hard copy version. Can anyone substaniate the OP? Probably been deleted this thread and story is over a year old. Link to comment Share on other sites More sharing options...
loonodingle Posted May 1, 2009 Share Posted May 1, 2009 This was predicted by the prescient members of this forum a year or so ago...would have been a good stock to short Now, how would you have known that ? - joined 29 Nov 2008 You dont have to be a registered member to read these posts do you ?????????? I think not. So maybe he has deciced to register now ???? Link to comment Share on other sites More sharing options...
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