Market update 21/05 – 25/05
It is all about the dollar and oil at the moment. Oil prices have dropped by some -5%, watch the market drop to 1,600 levels
Read More →Category: Market
Research on Thai Markets in general and the SET Index
Random Thoughts: Jfincoin, Digital TV, 4 years of happiness, 1Q18 #’s
JFinCoin & JMART I wanted to give this a few weeks before writing about it to see if there would be anything positive. Unfortunately for them not, the ICO performed poorly and is down some -50% from its initial offering price. The perfect world scenario was that it would pop well on the first day […]
Read More →WHTW Top 10: 21/05 – 25/05
Budget for agricultural (via 15 measures) is estimated to add Bt100bn into the economy. Given the budget size of Bt42bn, the budget multiplier is around 2.65X. This should generate income of Bt30bn for farmers. (Kao Sod, 21/5/18) Thai exports hit 7-year high. Ministry of Commerce says April-18 exports grew 12.3% to $19bn, extending a winning […]
Read More →Market Update 14/05 – 18/05
Same story week in week out but with an added bonus now of the hospital sector waking up post great 1Q18 #’s
Read More →WHTW Top 10: 14/05 – 18/05
Excise tax collection on alcohol was short of the government target in FY7M18 (Oct 17-Apr 18). This was due mainly to the lower alcohol consumption despite the long holiday in April. Government campaigns and controlled zoning also help reduced alcohol consumption. ( Daily News, 14 / 5 / 18 ) Department of Trade Negotiations (DTN) […]
Read More →Market Update 07/05 – 11/05
The reason the mining sector is down this much is purely due to SQ. Two reasons 1) Lost a bid to ITD 2) Landslide resulted in the project being unable to make $ for the next few quarters. As for the rest of the sectors…same story.
Read More →Random Thoughts: Potential changes to the SET50 and SET 100, Telco Auctions, Malaysian Elections
Potential Changes to the SET50 and SET100 These names have not been confirmed yet but brokers are expecting that these will be the changes. SET50 Expected Additions: BGRIM, DELTA, ESSO, KTC, RATCH Expected Deletions: BCP, KCE, PSH, TPIPP, WHA SET100 Expected Additions: BLA, ERW, MBK, PRM, PTL, RS, THANI, VGI Expected Deletions: ANAN, BA, BIG, […]
Read More →WHTW Top 10: 07/05 – 11/05
Thai National Shippers’ Council (TNSC) raised their forecast for Thailand’s export growth to 8% this year. The more upbeat outlook is due to stronger demand from both key and non-key trading partners. The TNSC also noted that the Thai export structure has become more balanced. (IQ Biz, 9/5/2018) Thai Industries Sentiment Index (TISI) dipped in […]
Read More →Market Update 30/04 – 04/05
Same story, if you’re not in the industrials/resources sectors you’re struggling in this market, and I think its time to shift our eyes to the currency markets again. USD seems to be on a mini upward roll.
Read More →Byron Wien May Commentary
And he’s out with his May Commentary, several interesting points here, here’s a few snippets and a link to the rest of the paper. I remain of the view that 2018 will be a positive year for equities, primarily because of performance in the second half and driven by earnings growth. The tax cut should […]
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