Commentary on special events in Thailand and the SET Index.
Bill Gross’ latest paper is out and as usual there are some great nuggets of information especially in this discussion in regards to negative yields and their impacts on bonds, funds, banks etc etc…here we still wonder aloud, if yields are negative does the good old fashion discount rate still matter? What readers should know […]
Read More →I’m going to tell you what to do today, go to this link ! http://www.berkshirehathaway.com/2015ar/linksannual15.html and spend your whole Sunday reading it over and over and over again.
Read More →Humour Would you believe it if I said that Thailand is the second best performing market in Asia this year? Nearly +4.5% in USD terms Airlines Nok Let’s start with Nok Airways, it appears that ever since its ludicrously expensive IPO no one has been a believer in Nok Airways, perhaps its the way that […]
Read More →SET-listed IRPC Plc is Thailand’s largest integrated refinery and petrochemical company. President Sukrit Surabotsopon discusses the company’s strategy and outlook. What is IRPC’s business model? In simple terms, our operations start from importing crude oil to refining oil into petroleum products such as naphtha, petrol, diesel and liquefied petroleum gas and making petrochemical products. Petroleum […]
Read More →MSCI The latest changes from MSCI has been announced and for Thailand there is only 1 movement MSCI GLOBAL STANDARD INDICES Additions: None Deletions: None MSCI GLOBAL SMALL CAP INDEXES Additions: None Deletions: KTIS BIGC & BJC So it looks like Charoen is going to use BJC to […]
Read More →AFS was founded in 1983 under a cabinet resolution to set up an integrated fuel facility for Don Mueang airport. Bangkok Aviation Fuel Services Plc (BAFS) is the sole provider of aviation refuelling, depot and hydrant services at five airports in Thailand. Managing director Prakobkiat Ninnad discusses the company’s strategy and outlook. What is BAFS’s […]
Read More →It looks like our darling Prayuth was correct when he said Thailand’s happiness was @ 99.99999999999999999% Jokes aside, this is a decent snapshot indicator of unemployment and inflation. Source: Bloomberg
Read More →Telco’s This week we were blessed with the earnings results of both dtac and advanc, both telling very different stories. Here’s some quick thoughts The sector – A massive clusterf**k at the moment, no bank seems willing to back JAS, even though they continually say in public that they’ll pay, but….their balance sheet is too […]
Read More →So TRUE came out yesterday, surprising everyone except those with a modicum of common sense with another capital increase… The stock price didn’t react as badly as one may have thought, perhaps some punters are believing that it will wipe out the interest costs (again) and that the stock can raise back to thb 14 […]
Read More →It’s been yet another interesting week with these four key points dominating the discussion and the movement in the market. Before we get started a proper random thought: Why do dentists ask you questions whilst they are drilling your teeth and expect an response? Japan’s Central bank has now come out with its umpteenth arrow […]
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