Commentary on special events in Thailand and the SET Index.
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 […]
Read More →Logistics specialist JWD adds value to lift margins JWD Infologistics Plc, an integrated inland logistics service provider that has been expanding beyond its original food and cold-chain focus, listed on the Stock Exchange of Thailand in September last year. CEO Charvanin Bunditkitsada discusses the company’s strategy and outlook. What is JWD’s business model? JWD is a […]
Read More →DoubleLine has come out with their latest quarterly commentary and given that they are the largest bond house in the world is worth a read. In the quarterly letter a lot spoken is things that we already know i.e. USD strength, China etc..but it’s just interesting to note their viewpoints on high yield debt, other […]
Read More →So a few readers have asked for some reit/prop fund/iff data and here are the top 10 traded ones. Source: SET, 18th Jan 2016
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