Et voila c’est fini! So after the media had a wunderbar time projecting fear upon us that a Greek default was imminent and that it would it lead to an economic collapse the likes of which we have never seen before…Well look Greece just defaulted, perhaps they used a different technical term, but its still a default […]
Read More →The Thailand Automotive Institute forecasts that automobile production will increase from 2.1 mil units p.a. to 3.1 mil units by 2015. This implies a 48% growth over 3 years, 28% per year. The Federation of Thai Industries expects that output will increase 48% YoY in 2012 as companies make up for output losses from the […]
Read More →The prime minster, Yingluck, was in Japan and gave a speech entitled “Unbeatable Thailand, Unparalleled Opportunities”. Within it contained some key points illustrating how important Japan is to Thailand’s economic growth and health. Japan is Thailand’s largest trading partner. Our exports to Japan grew by 8.3 percent last year. You are also Thailand’s largest investor. […]
Read More →The SET is up 13.6% for the year, same story as last week, purely liquidity liquidity and liquidity. It’ll be interesting to see how the market will perform in March/April when dividends are being paid out. Industrials are showing their first signs of profit-taking since their rebound from the flood crisis.
Read More →Bugger…I have nothing against him but I’m not sure that this politically is the right move now. It would be far wiser to let the current government do a fantastic job over the next few years and then aim to return to Thailand with that momentum. See the link below to watch the interview on […]
Read More →Latest thoughts from our chartist Ploy! Today she explains her concerns for the SET and what key points to look for. The SET breached above its previous High at 1,148.28 last week, with Thai investors cheering joyfully and betting for 1,200 or even higher. Such sentiment turns negative this week and I begin receiving calls […]
Read More →Notable transactions: Buys:Â BANPU – Bt. 20 mn by K. Ongart (Director) BGH – K. Prasert is still buying up shares in his co.
Read More →Serves you right, crook.. “Sondhi Limthongkul, a leader of the People’s Alliance for Democracy and founder of the Manager Media Group, was sentenced to 20 years in jail yesterday for falsifying loan documents and fraud. The Criminal Court found Mr Sondhi, 64, guilty on 17 counts of criminal and securities law violations for a total […]
Read More →The clever folks at Thanachart put out a summary of the 4Q11 and 2011 results. 2011 was really the year of telco’s in Thailand with DTAC and ADVANC performing very strongly. No surprise that the electronics and insurance co’s had a horrid 2011 b/c of the floods in late 4Q11. Now just steer your eyes further down […]
Read More →The crowd roars “Liquidity liquidity liquidity!” Not much really to say other than enjoy this liquidity run provided by the Fed, ECB and BoE. See below for charts.
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