Commentary on special events in Thailand and the SET Index.
I’m catching up on brain dumps of the past 3 months I’ve found in my Evernote…. This news headline was back at the beginning of March 2024 “ MOPH Prepares to Amend Surrogacy Law for Foreigner and LGBTQ+ Thailand’s Ministry of Public Health is set to amend surrogacy laws to include foreign couples, Thai women […]
Read More →SET Index vs VN Index (absolute) I’ve been hearing jokes about when will the VN Index “number” will beat the SET “number” ramp up in the past few months. Well the Vietnam index data starts in 2001 and you can see that it’s not going to be the first time that Vietnam’s index “number” will […]
Read More →Random Thoughts…given I read a tonne of research papers…notes…etc…I’m going to start dumping thoughts, notes here, will try to source/date…remember don’t invest based upon my ramblings, instead follow the worst piece of advice ever created by the investment industry…do your own homework. Emphasis always mine. Source/date: Tchart (maybe?) 8 April 2024 DMK Duty Free Space […]
Read More →Yes, I’m back doing some interviews – it won’t be as often as in the past, but don’t be surprised to see a few finally back on the site 🙂 “Muangthai Capital to be a World Class Thai Microfinance Company” Mr. Parithad Petampai Deputy Managing Director How has the company changed since going public a […]
Read More →On the road for 4 of 5 weeks – great time for random thoughts and notes… Commodity cycle for dummies Owned the commodity names from 2020-2023, then own the capex beneficiaries of the commodity names from 2024-2027, then own the names that benefit from the decline of commodity prices as supply hits the globe, 2028-2035, […]
Read More →Thai CowsYou start with two cows.You payoff the government to create an oligopoly for raising cowsEventually you become prime minister promising free milkA military coup happens, you leave the country. your children continue to run the cow business Malaysian CowsYou start with Two cowsYou hire a Chinese businessman and keep 30% of the profits, just […]
Read More →If you can’t figure it out …
Read More →Ok, that’s not quite accurate. But here’s the news… SF Holding to Take Over Kerry Logistics for $2.3 Billion – Bloomberg “SF Holding Co., one of the largest Chinese package-delivery services, is seeking to acquire control of tycoon Robert Kuok’s Kerry Logistics Network Ltd. in a HK$17.6 billion ($2.3 billion) deal for its global expansion.“ The impact is […]
Read More →Congratulations Thailand, you’re one of the worst performing markets in the world (granted the country has a week left to turn it around, perhaps DELTA will race to 1,000 and save every mutual fund in the country.) A quick rant for the year (or future) – nothing changed – (ok fine, the POS overleveraged co’s […]
Read More →What? TC looking @ bonds? Yes, for $hits and giggles…given that there’s been a lot of noise about companies being unable to rollover/payback their bonds, well it’s probably prudent to be paying attention to this section of Thailand’s capital markets. And as I like to laugh that MQDC is the next STARK/JKN to be unable […]
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