Commentary on special events in Thailand and the SET Index.
The yields have been on my mind for the past few months and it’s been rather confusing. The 10 yr Thai gov is @ 2.5% vs the US 10 yr gov bond @ 2.8% The yield on the SET is now at 2.59% So: Is the Thai market safer? Less risky? More attractive for capital […]
Read More →I would love to see this implemented throughout the world. Companies do forget at times that shareholders, no matter how small, are owners of the business and in the end they have to answer to them. So it’s a refreshing to see this type of letter being published and distributed. As usual here’s some snippets […]
Read More →Howard Mark’s latest memo is as usual, a must read. This time around he does more than the past in terms of outlook by explaining both his positive and negative viewpoints on the markets. There’s an interesting discussion that he has on the impact of the new Tax laws in the US and how it […]
Read More →I am not too surprised that the BOT has come out saying that they are taking measures to prevent the THB from strengthening versus the USD, and I have found it amusing that Dr. Somkid comes out saying that the strengthening THB is inline with regional currency movements because this simply isn’t the case. In […]
Read More →Just as I was about to put up 4 new articles I realised that this was post # 3,000. Holy $hit, that is correct, this is post # 3,000. Time flies, I started writing on this blog for fun in 2011, and perhaps a bit more seriously since September 2011. So first thank you for […]
Read More →I saved a few of these articles over the new years break and finally had the time to digest some. Of the two, I found the transcript of the interview with the Financial Crisis Inquiry regarding the Global Financial Crisis, it was recently released by the US National Archives and its one helluva long read […]
Read More →The discussion of bubble forming is explored in the latest paper from GMO’s Jeremy Grantham, he begins with the history of bubbles, the formation of bubbles and the current stage of the current one. It’s quite the read and he’s arguments are logically formed however I like to say, its hard enough trying to figure […]
Read More →Continued fund flow into the top names in Thailand has resulted in this. AOT is now the most valuable airport operator in the world! Powered by a 75 percent gain since May 1, the operator of Thailand’s main international airports also passed the 1 trillion baht ($31 billion) market capitalization mark, joining only state-controlled energy […]
Read More →This is a key theme for investing this year that these all of these projects will be approved, bidded out and begin construction. You can see that several projects are already under construction and awarded out but there are still hundreds of billions of baht worth still to be awarded. Here’s some quotes from the […]
Read More →It’s that time of the year again where forecasters are out in droves with their predictions, I do enjoy Byron Wein’s the most only b/c its typically something different, so here you go and a link to the rest of the article. Byron’s Ten Surprises for 2018 are as follows: China finally decides that a […]
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