Commentary on special events in Thailand and the SET Index.
So foreign investors have been selling Thailand for the past 12 months, heavily, who’s picking up the slack? It’s quite obvious as seen per the below. Now why the f is the THB still strong some may ask? A few factors, but look at the second group of charts. The bond market is attractive in […]
Read More →And so it’s time again for Byron’s latest monthly commentary. The thought going through my mind is…if everyone is saying/forecasting that a US (global) recession will occur in 2020, why should investors remain invested in equities? How does this make any sense, and further to this, if everyone (at least from those I am reading) […]
Read More →TET: Please explain the history of BGRIM. BGRIM: B.Grimm as a group has been operating in Thailand since 1878 and we have been at the forefront of infrastructure development in Thailand ranging from telecommunications to transportation. As an organisation we were and are exploring for businesses that suit our business culture. Thus in the mid-1990’s […]
Read More →Anddd his latest commentary is out, here are some snippets and a link to the rest of the article: As for the 2020 Presidential election, many attending thought Donald Trump would have a second term. True, the Federal Reserve was raising interest rates and shrinking its balance sheet and the European Central Bank was talking […]
Read More →Do Day Dream PCL (SET:DDD) Chief Financial Officer, Khun Piyawat Ratchapolsitte discusses the company’s strategy and outlook TET: Please explain the history of DDD. DDD: The founder, Dr. Sarawut Pornpatanark had a desire to do something different from the family business and launched DDD in 2010. Initially we were focused on OEM manufacturing for smaller domestic brands […]
Read More →TTW PCL (SET:TTW) Managing Director, Ms. Walainut Trivisvavet discusses the company’s strategy and outlook TET: Please explain TTW’s business model. TTW is Thailand’s largest private tap water producer and distributor with a production capacity of 540,000 m3/day. We produce and distribute tap water to the Provincial Waterworks Authority (PWA) for two provinces, Nakorn Pathom and Samut Sakorn. […]
Read More →And so he’s called off the tender offer and LH’s board has called off the EGM. Reminder: Initially he planned to make a voluntary tender for 10% of LH’s paid-up shares. This was notified to the board on 21 June 2018. The value was a maximum of THB 1.195 bn at THB 11.80/share This was […]
Read More →Byron Wein August 2018 His latest monthly letter is outttt and here’s a few interesting snippets and a link to the rest of the piece Today there are fewer public companies in the U.S. than at any time over the last 40 years. The peak year for public markets was 1996, when over 8,000 companies […]
Read More →Howard Marks Memo I am still digesting my thoughts with his latest memo. I do not know if I necessarily agree with each and every point that he makes I see computer decision making as a function of human decision making. Because it is programmed by humans based upon the rules instilled within a […]
Read More →A lot of deals have taken place in the past few months, we’ve had a change of major shareholders in NOBLE, GLOW being acquired by GSPC, and LH’s founder going for another 10% in his co. And now the latest one is SPALI w/ MK, although granted back in the day a related family member of […]
Read More →