ThaiCapitalist Commentary
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 →I had the pleasure of meeting this gentleman, Mr. Stanley Weiss, last year in Bangkok and since then I’ve been following his work, columns and interviews. I highly suggest you watch the interview below as he discusses SE Asia and specifically Indonesia and Myanmar. American businessman Stanley Weiss, the founding Chairman of Business Executives for National […]
Read More →Two interesting things happened to the SET this week, first they launched a new trading engine … SET President Charamporn Jotikasthira, said: “Today marked another key milestone in the development of the Thai capital market, as now that we began operating our new trading engine, SET CONNECT, with full efficiency. Source: SET …and following as a result […]
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 […]
Read More →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): BLANDÂ – 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 →Established in May 1976 and listed on the Stock Exchange of Thailand since 1995, Nawarat Patanakarn Plc (NWR) is one of Thailand’s largest construction and engineering companies, with registered capital of 2.21 billion baht (1.55 billion paid up). With more than 30 years of experience in Thailand and other countries, NWR has a wide range […]
Read More →I commented earlier this week that I have an unnatural fear for the month of September as because its the month which I always travel overseas and there has always been a negative event in September since 2007 that rocks the markets badly. Given that the SET has just fallen some 2% over the past […]
Read More →There has been very minimal PE and VC onshore based activity in Thailand because quite simply the capital gains tax on such investments are too high, 30%. But with news that the SEC is slowly but surely relaxing regulations and despite that hubbub from the US that PE and VC firms are evil. I’m actually […]
Read More →Despite the floods at the end of last year, foreign direct investment in Thailand was up at whopping 62% in the first seven months of this year. This can only bode well for several industries here, industrial estates, transport (airport), and banking. The main statistic I found interesting was the Singaporean investors were ranked second […]
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