Commentary on special events in Thailand and the SET Index.
Silly CFOs If you wonder why you don’t read too many negative analyst reports in the market this is typically a reason why Chris Lee can be seen standing over a seated Timothy Lam and ordering him to leave the conference room on Wednesday. Lam initiated coverage on PAX Global’s stock in April with an […]
Read More →Well its about that time of year again, rather incredible that they still haven’t figured out how to stop this…where’s Article 44? However, some papers are saying this is a positive with the reservoirs likely to be refilled.. Source: Thaifloods
Read More →Bloomberg had a nice little piece on the recovery of Thailand and the market the other day, it states a lot of what we already know but still a decent summary nonetheless, here are some key points and the link to the rest of the article Private spending jumped by 3.8 percent in the June […]
Read More →Note: This will be the second last Company Interview in the Bangkok Post as, after 9 years, they’ve decided to discontinue publishing them. Together with ShareInvestor we are still figuring out what avenues/channels are best to use in the future, so until then we may not be publishing any new interviews…which is a shame. TV Direct […]
Read More →Both the big boys came out with papers in the past week, JG gives a rather decent explanation on immigration, brexit and markets in general whilst Bill Gross does touch upon questions that have been on his mind. Snippets are below and a link to both papers. Oh and I haven’t forgotten that today is voting day […]
Read More →The Thai Government has been rather busy with policies, reforms, projects etc etc just look at the list of things announced in the past 2-3 weeks First infrastructure investment, we have bidding terms for the southern double-track thats worth some THB 16.5 bn http://www.bangkokpost.com/news/general/1036445/bidding-terms-for-b16-5bn-southern-double-track-this-month, then the Eastern Economic Corridor which spans the three eastern provinces of Chon […]
Read More →Karmarts finds a beautiful formula for success Karmarts Plc (KAMART) was first incorporated as Distar Electric in 1982 and listed on the Stock Exchange of Thailand in 1994. It changed its business focus to cosmetics in 2009 and changed its name to Karmarts Plc in 2011. Wongwiwat Theekhakhirikul, director and assistant managing director for business […]
Read More →Its always interesting to note who the participants are in the market. The advent of mutual funds, tax benefits and continually decreasing interest rates have led to local institutions becoming larger and larger holdings in equities versus pre 2010. It does appear that the prop desks aren’t doing that well (if they sell less than […]
Read More →SCI Electric Plc was listed on the Stock Exchange of Thailand in October last year. CEO Kriangkrai Pheanvitayaskul discusses the company’s strategy and outlook. Please explain SCI’s history. SCI started 50 years ago, focused on electrical power systems. Over the years as Thailand developed, specifically with the industrial estates and development zones such as Map […]
Read More →Bill Gross – Monopoly The latest paper from Bill Gross is focused on credit, credit growth and a usual critique of central bankers. So why bother with this? Well it’s a good concise argument that slow credit growth has led to sub-optimal global GDP growth and perhaps the original methods of running a central bank […]
Read More →