Market commentary on Thai stocks and the SET Index.
Well I’ve been trained and raised in the equity asset space only and I’ve always laughed @ the point of asset allocation, however I do look @ these annual returns per asset class every quarter just to remind myself of whats going on in the rest of the investing world and to realise that things […]
Read More →Ok slightly sensationalist headline, because Japanese firms are still heavily investing in here however at a slower growth rate and we’ve commented here before that Japanese automanufacturers are looking more closely towards Indonesia for the following reasons: The perception that Indonesia is now politically less risky and cheaper than some neighbors is adding to the […]
Read More →We have a couple of things this week, the Civil Court’s decision on the revocatio nof the State of Emergency (pro hospitality), Suthep being called to the court re 2010 red shirt protests, arrest warrants from the Constitutional Court. Fun times ahead as always in Thailand
Read More →The market rallied strongly towards the end of last week driven purely by the Banking and Telco sector. We have our doubts on Thai banks attaining double digit growth rates for 2014, there’s no more corporate income tax to help the profit growth as there was in the past few years, and loan growth looks […]
Read More →Thailand EC head offers solution on FB — The head of the EC wrote on his Facebook account that there might be a solution to the current rice scheme problems, but the solution will have to wait until at least the 21st of this month before any action can take place. Rice farmers are angry […]
Read More →This is a question we get posed every year regarding our thoughts on the economy, the markets, which sectors are good/bad etc etc and while we make the necessary presentations with pretty powerpoint slides and insightful graphs, after being in this business for the past 8 years the best answer I can give is I don’t […]
Read More →Thai Economy Kittiratt warns of stifled 2014 growth, As ‘shutdown’ wreaks economic havoc, MPC to meet as scheduled next week – The Finance Ministry expects the prolonged political protest to drag down economic growth to only 3.1% this year, while the Bank of Thailand insists its Monetary Policy Committee will meet on January 22 as […]
Read More →So a Bangkok shut down is now underway and there is ZERO traffic on the streets and even the BTS was easy to get on and off despite fears of it being overloaded. The EC has advised the government to delay the election to May 4, we’ll see if that happens and foreign investors have […]
Read More →Saw this on twitter via WSJ the other day. Despite Thailand trading @ cheaper valuations on a relative basis vs the Philippines and Indonesia, political troubles have pushed the market further down, thus while there has been a fund outflow out of SE Asia, Thailand has been hit far worse b/c of politics.
Read More →If one of the most consistent performing mutual funds in Thailand is doing this and thinks this way shouldn’t we be paying attention? “I was very busy buying stocks yesterday,” Adithep Vanabriksha, the Bangkok-based chief investment officer for Thailand at Aberdeen Asset Management, which oversees about $324.6 billion worldwide, said by phone today. “I still strongly believe […]
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