ThaiCapitalist Commentary
So this is why banks have continued to remain strong in the market… Local papers reported that the BOT will offer THB 210 bn to Thai banks at a rate of 0.01% that will be meant for clients affected by the 4Q11 flooding. Local banks estimated that their clients require THB 366 bn in loans […]
Read More →Local newspapers reported that Col Settapong Malisuwan, chairman of the NBTC’s telecom committee, said that the reserve price for 3G licenses (2.1GHz spectrum) is likely to be set in the Bt7-10bn range. The defunct NTC’s 3G Information Memorandum (IM) had set a reserve price of Bt12.8bn. The committee is working on a new 3G IM, […]
Read More →The SET begun to show some weakness as oil prices pulled back slightly. Interestingly the Service Industry sector has performed strongly on the back of hospitals, specifically BGH which was mentioned several times here, because of management buying close to nearly THB 1 billion worth of shares.
Read More →Et voila c’est fini! So after the media had a wunderbar time projecting fear upon us that a Greek default was imminent and that it would it lead to an economic collapse the likes of which we have never seen before…Well look Greece just defaulted, perhaps they used a different technical term, but its still a default […]
Read More →The prime minster, Yingluck, was in Japan and gave a speech entitled “Unbeatable Thailand, Unparalleled Opportunities”. Within it contained some key points illustrating how important Japan is to Thailand’s economic growth and health. Japan is Thailand’s largest trading partner. Our exports to Japan grew by 8.3 percent last year. You are also Thailand’s largest investor. […]
Read More →Bugger…I have nothing against him but I’m not sure that this politically is the right move now. It would be far wiser to let the current government do a fantastic job over the next few years and then aim to return to Thailand with that momentum. See the link below to watch the interview on […]
Read More →Latest thoughts from our chartist Ploy! Today she explains her concerns for the SET and what key points to look for. The SET breached above its previous High at 1,148.28 last week, with Thai investors cheering joyfully and betting for 1,200 or even higher. Such sentiment turns negative this week and I begin receiving calls […]
Read More →Notable transactions: Buys:Â BANPU – Bt. 20 mn by K. Ongart (Director) BGH – K. Prasert is still buying up shares in his co.
Read More →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 →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 […]
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