Commentary on special events in Thailand and the SET Index.
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 →I remember 2015 being a year driven by local institutions, interesting that this year has been one driven by foreign institutions thus far.
Read More →The property developer Chewathai (CHEWA) listed on the Market for Alternative Investment in April of this year. Managing director Boon Choon Kiat discusses the company’s strategy and outlook. Mr Boon says oversupply in certain areas of the property market makes it rarer for projects to sell out overnight. Established communities and mass transit access are […]
Read More →I’ve always enjoyed reading Byron Wien’s “The Smartest Man in Europe” papers and now it shall come to an end as the previously anonymous gentleman, Edgar de Picciotto, has passed away. Here’s a snippet and link to the article, definitely worth the read. Over the years I learned that he didn’t think like other investors, […]
Read More →George Soros has an op-ed out on the Brexit and as usual its a fun read. Here are some snippets and a link to the rest of the article. This is wishful thinking. It would have at least one very clear and immediate effect that will touch every household: the value of the pound would […]
Read More →Following on from the FTSE changes , here are the SET’s changes to the SET50, SET100 and SETHD indices. Here’s the summary and the official announcement below: SET50 Inclusion: BEM, GPSC, KCE & MTLS SET50 Exclusion: ITD, JAS, M & SCCC SET100 Inclusion: BCH, COM7, ERW, GLOBAL, IFEC, JWD, MTLS, TRC & TVO SET100 Exclusion: […]
Read More →These changes are effective today! Â Â – FTSE Small-Cap (+) CPTGF, GVREIT, AMATAV, CGD, TPBI, LPH, CRANE // (-) IMPACT, PLAT, BEAUTY, ORI, LHSC, NOBLE, CNT, PAP, LEE, TR, SE-ED, TGPRO, RICH, CENÂ Â Â Â – FTSE Mid-Cap (+) SPRC, IMPACT, TKN, PLAT, BEAUTY // (-) KTIS, THRE, CGD Â Â Â Â – FTSE […]
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