Management Trades – Weekly
Notable transactions: Buys: BANPU – Bt. 20 mn by K. Ongart (Director) BGH – K. Prasert is still buying up shares in his co.
Read More →Category: Market
Market commentary on Thai stocks and the SET Index.
Industry Update – Weekly
The crowd roars “Liquidity liquidity liquidity!” Not much really to say other than enjoy this liquidity run provided by the Fed, ECB and BoE. See below for charts.
Read More →Thailand ranked 2nd best emerging mkt for investors by Bloomberg
The article covers all the points that we’ve been writing here, that despite all the rubbish this country has gone through, it still recovers strongly each time. Enjoy reading. In a Bloomberg Markets ranking, Thailand is second only to China among the world’s best emerging markets for investors. The ranking looks at a series of measures such as market […]
Read More →Charts – Weekly – USD/THB, SET
Latest thoughts from our resident chartist Ploy. The US dollar index almost gave us a heart attack when it breached above the barrier at 79.54 last week. However, it couldn’t breach above another key barrier at 80.50: it turned around and head downward, with support at 78.50-78.30. If it falls below 78.30, it may head […]
Read More →Industry update – Weekly
The first two months of the year are all about the recovery of businesses affected from the flooding, specifically the Industrial’s sector. Both Amata and Hemraj have benefited tremendously from the flood crisis as their industrial estates were not affected at all, also Ticon has begun to recover as the impact on their rental factory […]
Read More →Greece, Greece, Greece! Meh!
Goldman Sach’s Jim O’Neil latest paper last week had a fantastic stat: “Despite this, my main message is – once again – to please keep this in perspective. Greece’s economy is somewhere between $300 to $350 bn. Last year alone, China’s GDP increased by $1.4 trillion, to $7.3 trillion. I reckon that means China has created […]
Read More →Thai banks will hardly be hurt by FIDF fee increase
Earlier today the local media report that the Ministry of Finance, Bank of Thailand and the Thai Bankers Association agreed to increased the Financial Institutions Development Fund fees from 0.4% to 0.47% for deposits (0.46% to fund FIDF debt and 0.01% to the Deposit Protection Agency). These new rates are expected to be implemented by […]
Read More →Charts – Weekly – SET, USD/THB, BANPU
Latest thoughts from Ploy! She’s looking closely at the USD/THB rates seeing how its driving the SET Index and has updated her viewpoint on TOP and her latest pick BANPU! My opinion on the SET is relatively unchanged. If you have followed my comments here for a while, you may have noticed by now that […]
Read More →Management Trades – Weekly
Notable transactions: BLAND – The owner is still buying up shares in his company. BANPU – Big sell by a stakeholder. SIRI – Even the executives there think that their stock has shot up too much, and yet we hear punters still believing that the stock should go to 3.
Read More →Thai 4Q11 GDP estimates downgraded…So what?
Over at my friend’s Ake’s website, www.chartingthailandeconomy.com, he put up a little graph showing a big downward revision for 2011 growth. Well look, the post-flood recovery progress begun in December 2011 with factories and industrial estates restarting and the government’s plan for rehabilitation (including the THB 350 bn flood reconstruction and water management plan) won’t […]
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