Market commentary on Thai stocks and the SET Index.
You just gotta love BCA Research, by far one of the best resources and they have a free blog. I’ll post here what I find interesting such as the below article, and it brings across a fairly simple point: SE Asian countries already went through the debt issues in the late 90s hence why the […]
Read More →With the 3G story over the telco sector has been hit down 4% last week thus preventing the market from being able to remain above 1,300. As nearly every large cap has already announced their 3Q12 earnings there just doesn’t seem any key factors locally nor globally that could push markets up further, while I’m […]
Read More →As requested by the readers here…this is the summary of all management transactions for the month of October 2012. Highlighted are major transactions above Bt. 30mn. Comment: BTS … now you know why the own of BTS bought some Bt. 100 mn worth of shares in the month, given that they’ve just announced the likelihood […]
Read More →Positives: US Election noise is over China’s economic data all rise a bit more than expected (retail sales, PMI services, CPI @ 1.7%) Oz, Indonesia, S. Korea, M’asia keep their int rates the same Negatives: Silly ppl are still trying to make a name for themselves over the 3G license in Thailand…fyi Laos is already […]
Read More →De-leveraging sucks for stocks, the economy, consumer spending etc etc, unless global central banks print gazillions of dollars 🙂 The credit impulses in all three major economies – the euro area, the U.S. and China – are now negative, albeit very slightly in the case of China. This is the first time in three years […]
Read More →Earnings season here continues until the 15th November but given that the majority of the major companies have already announced their earnings I thought it would be best to summarise the results thus far. 9M12 vs 9M11 the top 3 sectors were for net profit growth: Home office Products +160% Food & Beverage +128% Tourism […]
Read More →My buddy Saroj is out with his latest comments on the local economy, showing how Thailand’s GDP has been affected by Europe Thailand traditionally relies a lot on external demand in terms of export and tourism. While there is still growth in export (THB value) this year, the growth come short of the expectation of producers, hence […]
Read More →Telco sector took a lot of profit taking over the past week or so with the 3G story now fully played out. Odd to see propcon continue to its high growth, again I’m happy to see the Agro&Food Sector bounce back.
Read More →Notable Transactions Buy(s) SIRI – Essentially a swap of shares between the Presidents private company to his personal name TGPRO – The Managing Director buys THB 100 mn worth of shares, but reportedly at 0.35 baht/share last week…now my curiosity has spiked… Sell(s) SIRI – Essentially a swap of shares between the Presidents private company to his personal name
Read More →So BLAND’s owner, K. Anant, came out for his first press interview in Donkey years and here are the key points Plans to spend 2 billion baht to develop new projects at Muang Thong Thani and sell 600 rai on Srinakarin Road worth 7.2 billion baht. Chairman Anant Kanjanapas said the company also aims to […]
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