Market commentary on Thai stocks and the SET Index.
Notable transactions Buy(s): BGH – The President continues his accumulation of shares, he started since around THB 80/share BTS – Now this is interesting, whilst the VGI listing is a good sentiment boost for the stock, I’m thinking aloud that it may be the potential of an infrastructure fund that may be the reason behind […]
Read More →Analysts have been sending me this table most of today with the headlines that Thai Bank’s loan growth has been slowing in the month of August but a MoM growth of +1.0% for the whole sector isn’t bad. Based on the figures this is what I see: The Small financial institutions (KK and TISCO) have […]
Read More →The Fed announces unlimited funds…well then naturally equities go up
Read More →Given that I’ve just arrived in Brussels (centre of the ECB and EU negotiations!) I thought it would be appropriate to list every single risk possible for the markets Spain delaying its turnaround and asking for more bailout funds China slowing down further India slowing down further Civil Unrest in the Middle East spiking oil […]
Read More →Notable Transactions Buy(s): SAT – Director accumulates shares in the company, no surprise, SAT is one of the main beneficiaries of the automotive growth trend within Thailand as both domestic consumption and exports have done very well this year Sell(s): MINT: O__o, owner sells 1 bil baht worth of shares… TUF: There has been constant selling over […]
Read More →Our queen chartist Ploy is back with her latest thoughts! Finally, I am back from the dynamic markets of commodities and forex. After twists and turns in the market, finally we have got ECB’s OMT and Fed’s QE3!!! Every markets rally in signs of happiness and relieves. The question is: how far will these rallies […]
Read More →Notable Transactions Buy(s): BGH – This has been the story of the year with the President continuing to buy shares PS – Preuksa was the most affected property company last year because of the floods but they have rebounded quite well despite difficulties. Owner buys THB 148 mn TVO – Director of the company accumulates […]
Read More →What a start to the month! ECB comes back from its holiday saying happy days are back again and the markets rally strongly!
Read More →Global markets had a field day post the ECB’s latest new operation called Outright Monetary Transactions (OMT), seriously who comes up with these names? Just to summarise what its all about: OMT is an operation to buy govt bonds of troubled Euro countries (kicking the can down the road) ECB doesn’t specify the amount of […]
Read More →As I’m finishing to write the August client letter I’ve noted that there really are only 4 key events to look for and depending upon which way the outcome is could in the Short term either very positively affect the markets or very negatively. Will European politicians agree to hold hands and deal with the crises there […]
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