ThaiCapitalist Commentary
Positive(s) 1. Thai NBTC gives the go-ahead to 3G licences, and the circus is finally over! We hope… 2. US econ added +146,000 jobs in November and the unemployment rate fell to 7.7% lowest since Dec ’08 3. Australia and Canada report better than expected job gains in Nov 4. German factory orders in Oct […]
Read More →Ok given that I do receive a silly amount of emails in the every morning regarding which Thai stocks have news accouncments we’ve decided here to compile and simply list it out b/c the majority of the news announcments are in the Thai papers. We’ll keep this going for as long as we feel its […]
Read More →Notable Transactions Buy(s): E – Evolution capital, the Srichawala group and the founders of E recently joined up with, theres a story to be told here perhaps in later post MINT – The founder puts more weight behind his own shares SIRI – The president buys the warrant (hence the lower price), I’ve told the […]
Read More →Markets had a wonderful end to the week with the SET hitting a 16-year high at 1324.04 with strong fund flows from the MSCI portfolio rebalance as well as LTF’s (expected to continue further this month).     Â
Read More →Positives Thailand’s auto sales increase 200+% in October Thailand’s exports improve 14% in October Greece escapes and is given more time to figure itself out Spanish and Italian bond yields fall to new lows Japan’s IP in Oct unexpectedly jumps by 1.8% helped out by smartphone component production. Also, further yen weakness leads to highest […]
Read More →Lots to cover from his latest quarterly letter and I highly suggest you go to the source link below, but these are a few of the highlights US GDP growth rate will never return to 3% p.a. Resource costs have been growing @ 7% a year since 2000, if the world continues to grow under […]
Read More →Slightly skewed data given that this time last year the floods were all over Thailand and coming towards BKK but still, sales up 233% up to 142,839 units, the details are as follows: Passenger cars accounted for 72,211 units, up 263.7 per cent Commercial vehicles which include 1-tonne pickups stood at 70,628 units or up […]
Read More →The BOT held its last MPC Meeting on the 28th November 2012 and unanimously voted to maintain the 2.75% policy rate for the following reasons: 1) The world economy is more stable with recovery signs reflected in the US and Chinese economic numbers for October that have beaten market estimates, especially in the US property […]
Read More →The SET has been facing a slow month, 3Q12 earnings have all been released and there’s nothing new on the horizon locally (other than political noise) so in all honesty I expect nothing much to change for the broader market, the years finished, investors have made fantastic returns this year, I see a lot of […]
Read More →Notable Transactions: Buy(s): CPF – Vice President and Board member accumulates additional shares RS – This piqued my curiousity, THB 300 mn purchase by the owner SIRI – The president simply transfers shares into his own name Sell(s): BGH – President offloads THB 100 mn PSAAP – Director offloads a clean THB 40 mn SPI – […]
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