Given the flooding situation its no surprise that the Thailand’s econ figures for October were weak and we expect that November would be even weaker. See below for some quick highlights. Consumption, investment, government spending and exports were all weak in October. Manufacturing (36% drop in MPI) got hit far larger than agriculture sector (+7% […]
Read More →Latest thoughts from our Queen Chartist Ploy. Essentially she’s looking for 1. SET out-performing, 2. Baht strengthening, 3. BGH continuing upwards and 4. Gold likely to hold its recent rebound. The US dollar index has reached the resistance I gave last week, and is now backing down from the given resistance. Also the SET is […]
Read More →Comment: Markets took a beating last week because of developments in Europe, but the story remains the same with telco’s keeping the market strong for the year.
Read More →Having been lucky enough to meet with several investment professionals in the US, Europe, Hong Kong, Singapore, Thailand and several other locations in the world, it has been interesting to see on how they look at and/or value investments in equities.
Read More →Lots of charts this week from Ploy, see below! The question I have been asking myself for a few days is, “where does all the money go?†The answer: It’s pouring into the Dollar.
Read More →The markets for the past few years have been purely macro driven from our point of view for large caps hence why our cash position has shifted so often in anticipation of continued delays by politicians in both Europe and US regarding their debt issues. I have no idea what the solution for all this would […]
Read More →Thought this would be interesting for some readers here. Thailand’s equities are very open for individual foreign investors because they are treated the same as individual thai investors in terms of taxes with zero percent capital gains tax and 10% tax on dividends. Thai taxes applicable to investors in listed companies are as outlined below:
Read More →Comments: AIS and Intuch have been keeping the market because of Intuch’s plan to sell part of its stake in AIS to Singtel, and then probably pay a massive dividend to itself (Temasek), talk about going from left pocket to right pocket. The other sectors haven’t moved much in the past week still too many […]
Read More →Latest thoughts from our resident queen chartist Ploy. She still thinks that the markets are at crossroads and that we should keep a watchful eye at the THB/USD and resistance points for the SET, DAX and DJIA. The SET enters the 10th-15th November cycle resistance with a deep plunge at opening on the 10th November. […]
Read More →Comments: What happened in the past week? Euro crisis + Thai floods + US economic recovery + Oil near $100 = confusion in the markets.
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