LTFs FTW!
The market had a steady day until the last 30 mins, when the market shot up +1%. We presume mutual funds had to complete as much of their buying as possible before the last trading day of the year tomorrow. Fundamentals? Meh!
Read More →Category: Market
Market commentary on Thai stocks and the SET Index.
Sector Update 17.12.12 to 21.12.12
The market continues to rally on the back of the US fiscal policy (although now its turning the other way) and continued fund flow from LTF’s. There’s not much more time left for the year and soon enough funds/research houses will begin to talk about the “January Effect”
Read More →Sector Update – 10.12.12 to 14.12.12
Market had one helluva week with banks, services and prop leading the way, year end rally remains intact with the constant local fund flow and continued news regarding infrastructure plays.
Read More →Management Trades 10.12.12 to 14.12.12
Notable transactions Buy(s) INOX – This huge transaction by the Mahagitsiri family in INOX is related its initial agreement in Sept ’11 where they had a right to exercise a call option Sell(s) MFEC – Interesting, the President decides to offload THB 18 mn worth of shares, as a quick side note: the IT industry […]
Read More →What happened this past week 10.12.12 to 16.12.12
Positives: US Initial Jobs Claims fall to 343k, 26k less than expected but Labor Dept uncertain on seasonal adjustment impact. Shanghai index goes BOOM and rallies 4.3% on the week to 4 month high. Chinese HSBC initial mfr’g PMI up slightly to 50.9 from 50.5. IP and Retail Sales rise at fastest pace since Mar. […]
Read More →November Management Trades
Summary of the months significant management trades Buy(s) – BTS, CPF, E, MINT, RS, SAUCE, SIRI, TGPRO Sell(s) – BTS, ITD, KK, PSAAP
Read More →Stocks in the news 07.12.12
Ok given that I do receive a silly amount of emails in the every morning regarding which Thai stocks have news accouncments we’ve decided here to compile and simply list it out b/c the majority of the news announcments are in the Thai papers. We’ll keep this going for as long as we feel its […]
Read More →Management Trades 26.11.12 to 30.11.12
Notable Transactions Buy(s): E – Evolution capital, the Srichawala group and the founders of E recently joined up with, theres a story to be told here perhaps in later post MINT – The founder puts more weight behind his own shares SIRI – The president buys the warrant (hence the lower price), I’ve told the […]
Read More →Sector Update 26.11.12 to 30.11.12
Markets had a wonderful end to the week with the SET hitting a 16-year high at 1324.04 with strong fund flows from the MSCI portfolio rebalance as well as LTF’s (expected to continue further this month).
Read More →What happened this past week?
Positives Thailand’s auto sales increase 200+% in October Thailand’s exports improve 14% in October Greece escapes and is given more time to figure itself out Spanish and Italian bond yields fall to new lows Japan’s IP in Oct unexpectedly jumps by 1.8% helped out by smartphone component production. Also, further yen weakness leads to highest […]
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