Market commentary on Thai stocks and the SET Index.
Market had a strong overall performance last month will only financials being slight hurrt on the back of profit taking. Good to note that the MAI index performed well as the MAI index on general had strong earnings when compared to the SET for the 2Q12. Going forward, not sure what to expect other than […]
Read More →Notable Transactions: Buy(s): BLAND – K. Anant buys another 66mil shares in his company. Sell(s): SPCG – A director offloads Thb 55mn worth of shares. Well if you company was trading at 5x pbv and 300x pe then one shouldn’t be too surprised.
Read More →Notable Transactions Buy(s): BGH – The President is back to buying more shares in his co, another THB 100 mn BJC – Massive buying here by the family, THB 600 mn Sell(s): No one specific company sticks out but there were several sellers, if management/directors/owners are thinking its time to take some slight profit shouldn’t […]
Read More →Given the relative lack of news macro wise the Thai market continued to move upwards on the back of telco’s paying dividends + the 3G auction *likely* to happen in October this year. Going forward its the usual….slow econ growth out of Europe, China trying to balance out a slower growth path and the US […]
Read More →Interesting report from the Economist where it surveyed over 1,500 senior executives. Essentially the key points from the article are: Bearish viewpoint overall Europe’s biggest problem will be economic uncertainty More than 60% think the euro area will worsen over 6 months North America has a more positive outlook with Obama expected to beat Romney […]
Read More →Notable Transactions Buy(s): BLA – The Chairman of Bangkok Life Assurance buys THB 20 mn worth of shares BLAND – K. Anant continues to accumulate shares, watch this one closely Sell(s): PJW – A director offloads THB 100 mn baht worth of shares, but post sale the price still goes up 20% hmm. Other: BLS […]
Read More →With the lack of global central bank news to sway markets over the past week, the SET continued its rise upwards this year. The Industrials sector have been performing well this month on the back of continued improvement post the floods 4Q11 last year. Going forward with the European summer holidays over expect to begin […]
Read More →Positive(s): Thai Car exports in July were at a record high with 94,838 units Continuing the Draghi put rally, the Spanish IBEX trades higher each day this week and closes at 4 month high. It takes the Italian MIB index with it. Excluding commodities SET listed companies reported YoY Net profit growth of 32% Negative(s): […]
Read More →Paper & Printing Materials! Eh?! But its true Paper & Printing Materials grew 213% YoY and 84% QoQ, only two companies are TCP and UTP are listed within the sector and off the top of my head I have no idea how this came to be. The worst performing sectors were anything commodity related (Energy, […]
Read More →Its positive to see the SET relaxing its draconian listing requirements. The number of IPO’s in Thailand have been very low for the past few years with half (3) of the listings this year being property funds. Hopefully this relaxation in holding co’s will expand the number of new choices here in Thailand. Kannikar Chalitaporn, president […]
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