Commentary on special events in Thailand and the SET Index.
Byron Wien – Latest Commentary – The bond market message You don’t have to agree with someone to enjoy their writing and thought process and this has always been the case for me with Bryon Wein, here’s a snippet and a link to the full commentary Why have interest rates declined when debt has increased […]
Read More →SEAFCO PCL (SET:SEAFCO): Providing the Foundation for Thailand in a Sustainable Manner TET: Please explain SEAFCO’s history and its business today. South East Asia Foundation Company (SEAFCO) started 42 years ago with a team of five people. During this time we expanded with partnerships and independently to become one of the largest bored piling companies […]
Read More →Its rare that the BOT chief will be interviewed on Bloomberg there are one or two decent responses from K. Veerathai regarding the economy and the currency, so enjoy part of the transcript and a link to the rest of the article/video. Question: How concerned are you about a possible protectionist backlash? Answer: In […]
Read More →Well the timeline to the most democratic elections in Thailand’s history is becoming clearer, here’s a table from the clever folks of Maybank Kimeng detailing the events. Fig 1. Roadmap to democracy based on our expected dates Aug-16 Constitutional referendum. Aug-16 Amendment of charter draft by adding provisional clause that the junta’s senators will join […]
Read More →A wonderful opinion piece/article on Trump, the US government, the issues its facing, the economy. Just wonderful. Here are some snippets and a link to the rest of the paper As I said at the beginning, there are three impediments to the Trump administration making significant economic progress in its first year. The first is […]
Read More →And so the rubbish that was raised by the government 6-8 weeks ago has finally subsided. The Agricultural Land Reform Office (Alro) said Wednesday that 16 wind farm projects located on Sor Por Kor government land are legal and can continue as planned. … Gen Chatchai said Alro also found that the 16 companies have […]
Read More →Well, so much for a speedy push through of infrastructure projects, the government decided to take over the SRT and redo the TOR for the inter-city dual track rail network projects that are worth an estimated ~THB 100 bn. Why? The public reason is to allow smaller firms to participate in the bidding and construction […]
Read More →Gross is still stating the negatives of the levels of credit in the US and China. Here are my favourite snippets and the link to the rest of the letter My lesson continued but the crux of it was that in 2017, the global economy has created more credit relative to GDP than that at […]
Read More →ASN Broker Public Company Limited (SET:ASN) Managing Director, Mr. Tawatchai Cheevanon discusses the company’s strategy and outlook in The Executive Talk (TET) by ShareInvestor.com. TET: Please explain the history of ASN and its business model. The company was established by both K. Thawatchai Lertrungruang and K. Vanchanog Varunaprabha in 2005 as a licensed insurance broker […]
Read More →It’s been all over the news for the past week or so with the local stock newspapers highlighting potential issues with their accounts as per the auditors notes to the FY16 audit report. I used to call this company a darling back in 2011-2012 and again in 2013-2014 where we did very well as shareholders esp with […]
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