Commentary on special events in Thailand and the SET Index.
The research headlines about Thailand being the next Japan have been going around research desks for the past 6-12 months, you can read the content for some info but in the end the key takeaways that we’ve had regarding this similarity is that there are two sectors that should perform well, first being convenience stores […]
Read More →TET: Please explain the history of JKN. I begun from humble beginnings as the family business was initially home video rentals. When I returned to Thailand in late 1999, the first step begun with the BBC Documentary Walking with Dinosaurs when we contacted BBC directly and was able to be the sole distributor in Thailand. However […]
Read More →And so announced at mid day today was new guidance from KBANK for 2018 and lo and behold NII growth is expected to be negative for the year. Slap on so so loan growth, NPL’s still in the system, IFRS9, etc etc, not a pretty period for the banks Source: SET
Read More →With the news in the past 2 weeks that the major Thai banks are going to be removing transaction fees (finally!) for all digital (i..e internet and mobile) transactions their stock prices have taken a plunge with TMB being the worst hit, despite it not being one of these banks announcing the waiver in fees. […]
Read More →If you want to know what’s been going on with the renewable stocks, its because of news such as this. Even though the government and related agencies put together a thorough Power Development Plan for the next 2 decades clearer showing that Thailand is does NOT have the power necessary to fulfill future demand, this […]
Read More →I have been wondering where the white knight for Thai politics would emerge from and voila here is the group. My quick thoughts: Its a usual cycle in human behaviour, the populus is fed up with the old system, inaction, corruption and are looking for a new white knight to lead them towards victory. They […]
Read More →His commentary came out 1.5 weeks ago and I’ve just gotten around to reading it properly. Here are two passages worth your time and a link to the rest of it. The market usually begins to buckle when the Federal Reserve is aggressively tightening. We know that the new Fed Chairman Jerome Powell wants to […]
Read More →Sitting on a plane is one of my few pleasures as I may finally catch up on reading books. Currently I’m working my way through Lords of Finance: The Bankers Who Broke the World by Liaquat Ahamed, and I just had to note this passage While market averages continued to race up, reaching their peak in […]
Read More →So what are you waiting for? Link is below, enjoy your Sunday. Source: Berkshire Hathaway Annual Letter
Read More →Voila there you go. Just like I said here Pheu Thai Come back? And here Random Thought: Elections Concerns about a further delay of the general election escalated Thursday after the National Legislative Assembly (NLA) voted to reject all seven candidates chosen to be election commissioners. The process of selecting candidates to be election regulators […]
Read More →