Notable Transactions Buy: BLAND – I’m still trying to see what the story here is for BLAND, it could be a land sale, property fund, business expansion, not sure yet, but its obvious K. Anant has something planned. Sell: JMART – To see the the CEO and a director sell off a substantial portion of […]
Read More →Positives: Thailand’s July inflation remains lowish @ 2.73% YoY, up from 2.56% in June ECB hints it may buy more bonds Payrolls in the U.S. climbed more than forecast in July as automakers and health-care providers boosted employment… Negatives: …but the  jobless rate unexpectedly increased to a five-month high @ 8.3% UK economy continues to […]
Read More →Founded in December 1988, Jay Mart Plc (JMART) began as a seller of electrical appliances with installment financing. It later expanded into wholesaling televisions, VCRs and air-conditioners. Today its flagship business is retailing and wholesaling mobile phones and accessories under all major brands. Its subsidiaries include JMT, a debt-collection business, and IT Junction, which sublets […]
Read More →The House of Representatives, at its special meeting on Wednesday, voted 272-1 to move 10 bills up to the top of the agenda, placing them ahead of the four reconciliation bills. Source: Bangkok Post Plenty of press over Yingluck’s government pushing the reconciliation bill further down the Things to do List for Thai parliament. This is short-term […]
Read More →Overseas sales fell 8.8 percent in July from a year earlier, the biggest contraction since September 2009, the government reported today. The median estimate in a Bloomberg News survey was for a 3.7 percent decline. Consumer prices rose 1.5 percent, less than all 16 estimates in a Bloomberg survey. The Kospi Index (KOSPI) snapped a […]
Read More →Thailand’s economy still expanded in June but at a lower rate b/c of Europe but it was good to see domestic demand and tourism expanding stronger than most peoples expectations. Just quickly: Manufacturing – contracted by -9.89% Â (Europe) Consumption – PCI rose +4.4% Investments – PPI rose +18.3% (Auto industry mainly) EXIM – Exports declined […]
Read More →Last week saw the SET wobble slightly with profit taking seen in the Banking sector and weakness in the Agro & Food sector because of rising soft commodity prices. Going forward expect the usual, crappy growth out of Europe because of the austerity measures put in place 3-6 months ago, China slowing, and Thai corporate […]
Read More →Notable Transactions Buy: BLAND – I’ve stated many a time that K. Anant normally buys below 0.80 and sells above it, but over the past week he’s been accumulating shares in a strong way, and it doesn’t look to slowing down at all, BLAND may be worth a closer look at this point given how […]
Read More →It’s past midnight on Sunday and I can’t sleep, my mind is just racing through probabilities regarding the market, wondering if our scenarios regarding Europe are correct, if our investments ideas are correct, if our trading ideas are correct, I’m currently doing a quick n dirty quant screen (pe’s, div yields, pbv’s compare vs roe’s roa’s) just […]
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