Leaving the EU is right!
Uh-huh
Read More →Category: Special Events
Commentary on special events in Thailand and the SET Index.
Soros – The pound will fall to parity with the Euro
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 →SET Indices Semi-Annual Index Changes
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 →FTSE Index SET Rebalance
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 […]
Read More →Interview: Thai Union Plc (TU)
TU pursues global leadership through innovation and sustainability Thai Union Group Plc is one of the world’s largest seafood producers and exporters. President and CEO Thiraphong Chansiri discusses the company’s strategy and outlook. TU and yourself have received many awards including “Best Managed Company” from Asia Money, “Best Corporate […]
Read More →MSCI says No to China
Ouch, this will hurt the markets today. China was rejected despite a flurry of measures this year to address MSCI’s concerns, including curbs on arbitrary trading halts and looser restrictions on cross-border capital flows. The decision suggests international investors are still uncomfortable putting their money in the $6 trillion market after a botched government campaign […]
Read More →Boom! King Power has taken AAV
And the deal is done, it’s been denied multiple times over the past few months but in the end the deal was done. So here at the details: AAV owns 55% of Thai AirAsia, the remainder is owned by the parent 1.89 bn shares sold @ THB 4.2 /share, this represents 39% of shares from […]
Read More →Property tax is a go!
Yesterday the government finally approved the long awaited land and buildings tax. What has happened since? Quite a few property names, hotels heavy with assets, and industrial estates have been hurt. Hospitals, on the other hand, are only subject to 1/4 of the tax levied. However most analysts have been saying that in the end […]
Read More →Random Thoughts: Stuff to read, JAS & BJC
Here’s some things that I’m finally catching up reading after going through all 1Q earnings… Bill Gross – Investment Outlook June 2016 Anyway, my basic thrust in this Outlook will be to observe that all forms of “carry†in financial markets are  compressed, resulting in artificially high asset prices and a distortion of future risk […]
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