ThaiCapitalist Commentary
Notable Transactions: Buys Nothing really much happening on this side at all last week. Perhaps the only notable transactions was by the SGP CEO. We’ve heard in the market that their 1Q12 earnings will be equivalent to the FY11 EPS because of inventory gains, not a reason for us to buy though. Sells BWG – […]
Read More →Ploy with her latest thoughts on the markets as per her charts, while she initially states that market may have further strength she does make a good point regarding the slowing foreign fund flow into the SET Index and that it may have a negative impact on the markets as its been the key reason […]
Read More →Another paper I was reading on the plane. Here Mr. Hendry touches on the massive problems in China with its own debt cycle, the fixed exchange rate system and how its affecting the world today and how his fund is positioned to profit from it. Fantastic read.. The Chinese buy in cash? Nonsense… Want a […]
Read More →Another fantastic quarterly letter from Mr. Grantham, I was reading this on the plane to and from Myanmar last week and he talks about his current asset allocation thoughts and how career risk plays a role in the investment industry today. For my team and I it really does explain the situation we are in […]
Read More →Notable Transactions Buys: PS – The Owner is making a public demonstration of faith in his company SGP – Chairman of the Exec Board bought THB 15 mil TUF – Father and son swapped shares
Read More →The SET continued its strength despite volatility coming from Europe. Government programs such as infrastructure spending and more importantly for stocks the decrease in corporate income tax rates from 30% to 23% are showing their impact this year with 1Q12 looking very strong again.
Read More →Great op-ed last week by Voranai Vanijaka in the Bangkok Post talking about the fading power that is known as the yellow shirts or PAD. Close friends know the vitriol I’ll use when talking about this group given how they impacted my family, friends and myself. When the Criminal Court on Feb 28 this year sentenced […]
Read More →Off to Myanmar for the weekend, hopefully will learn something new and that’s not reported in the media. Posts will be sparse!
Read More →I’m actually a member of this fitness chain, why? Because it’s incredibly cheap and I know value where I see it!! But my membership cost me THB 10k up front and after 3 years an annual payment of THB 3,000 (this was negotiated back in 2009) we knew that this company wouldn’t be able to […]
Read More →Market had continued to struggle to break above 1,200 last week but was kept afloat by massive bank results with KBANK posting +50% YoY and SCB +29% YoY improvement in earnings.
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