Last week we were sitting in the office and thought aloud, how did this wonderful Thai Government come up with the idea to open the country on the 1st October? Note: I want to be able to fly openly throughout the world without quarantines (just like in the US and parts of Europe), so I […]

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On the 15th June 2021 it was reported that… The government has asked the central bank to review interest rates for credit cards and personal loans to try to tackle high household debt, the prime minister said on Tuesday… “If our people still have a lot of debt and at a young age, it will […]

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*Effective 1 July SET announced SET50 and SET100 rebalance for 2H21: SET50: Ins : IRPC, KCE, STA, STGT. Outs: AWC, BAM, TOA, VGI. SET100: Ins: AAV, ICHI, NRF, PSL, PTL, SINGER, STGT, SYNEX, TKN. Outs: AWC, BPP, EPG, GFPT, MBK, TOA, TPIPP, TTW, WHAUP. sSET: 34 securities consisting of: Seven Utilities and Power pcl (7UP), […]

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FTSE raised Thai weighting by 0.01% to 0.59%, effective Friday June 18. FTSE All World: Adds: OR and SCGP; Increase in weighting: CBG; Cuts: BBL-R, PTT, SCC, CPALL, AOT, SCB, KBANK/F. FTSE Small Cap: Adds: KEX. FTSE Micro: Adds: JR, NEX, NRF, RT, SA, SO. No deletions.

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And here you go: SET earnings +130% YoY, +47% QoQ MAI +351% YoY, +49% QoQ Quick comments: I could be an idiot and value the SET and MAI on a PEG basis, but let’s leave that to the sell-side analysts. Look at Energy & utilities + petro 38% of the SET’s earnings, turned around from […]

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During the first lockdown in Bangkok, after the initial recovery in the markets, and several hours of sitting alone in an office building, I had an epiphany, why not make a book? I’m an average writer at best and then realised I had over a decade’s worth of interviews somewhere on the internet, old computers […]

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MSCI Global Standard Indexes Additions: Carabao Group Public Company Limited (CBG) SCG Packaging Public Company Limited (SCGP) Deletion: KBANK-F shares Total Access Communication Public Company Limited (DTAC) MSCI Global Small Cap Indexes Additions: Absolute Clean Energy Public Company Limited (ACE) Precious Shipping Public Company Limited (PSL) Regional Container Lines Public Company Limited (RCL) Siam City […]

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God damn it! I was and remain of the viewpoint that AirAsia is going to rock and roll coming out of this period and I was looking forward to participating in an equity recap of AAV and ride the recovery trade in 2H21 and throughout 2022. But the clever folks there decided to keep the […]

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