This is an interview from Barrons of Leon Cooperman and Steve Einhorn of Omega which manages USD 8.5 bn mainly in equities, so when these two share their viewpoints, one had better pay attention. There are a few thoughts I found interesting but the key comment that caught my eye was: Are you worried that the Fed […]
Read More →This news has local traders and brokers buzzing this morning regarding Shin Corp (ticker: Intuch) and how an “unclear nationality” of one of the major shareholders may cause the stock to be ineligible for the MSCI Index (see the statement below) What’s the impact on the stock? Well a temporarily sharp sell off in the AM, as […]
Read More →VGI VGI ramps up skytrain, Airport Rail Link coverage — VGI will begin selling ads in cross-category packages for the skytrain on October 1. The move will help to increase its gross profit margin by 1-2% and boost revenue to Bt1bn this year. In its cross-category package, clients can buy ad spaces on billboards and […]
Read More →Notable Transactions Buy(s): THB 2 bn CGD – This is interesting, this is a massive buy back by the family members (THB 1.8bn), not sure what the story is at these levels. NWR – Been a wonderful construction co play since the end of last year. TASCO – MD buys shares Sell(s): THB 837mn Forth […]
Read More →Tarun, of Thai Native Gems, and I have been friends since high school and while I give him a lot of stick, I do respect his viewpoint when it comes to gems and diamonds, despite the fact I’ll never understand why women love it. He just published an article today talking about diamonds as an […]
Read More →The market has been driven almost purely by the technology sector (advanc, dtac, and true) for the month as the sector as a whole is up +9.8% MTD and a whopping +160% over a 12 month period. This week the NESDB will release Thai 1Q13 GDP (which should be rubbish because of the baht’s strengthening), […]
Read More →This has been an ongoing debate since the beginning of this year. The conspiracy theorist inside thinks that the government just wants cheaper funding for its massive infrastructure plans. However I’d like to believe that the BOT will remain independant and I don’t expect interest rates to decline unless inflation declines for a couple quarters. […]
Read More →AMATA AMATA gears up for rush of land sales — AMATA said hundreds of land sales are expected to be sealed in the second half of this year, mostly in the car industry. Viboon Kromadit, a director and senior VP said each deal will require hundreds of rai of land, with the largest deal at […]
Read More →Fantastic new commentary out by Mark Mobius, he goes into talking about the fundamentals, foreign reserves and investment sentiment in emerging markets, see below for a snippet. According to the GISS, 58% of investors residing in developed markets believe their local stock market will be up this year, but investors in emerging markets were even […]
Read More →This came across my desk yesterday. MSCI Thailand (MSCI Global Standard) Add : HMPRO, MINT, INTUCH, TRUE Delete : None MSCI Thailand (MSCI Global Small Cap) Add : ANAN, BMCL, EASTW, EA, GRAMMY, GUNKUL JMART, KTC, MALEE, N-PARK, OFM, OISHI, SAMTEL, SPCG, TFD, THRE, UMI, UV, VGI, WHA Delete : BLA, BTS, VNT Â
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