Commentary on special events in Thailand and the SET Index.
Mobius makes a few good points in his latest commentary on emerging markets vs advanced markets, here’s a few nuggets and a link to the full article. Growth in emerging markets has outpaced growth in developed markets by more than double People under the age of 40 are typically entering the most productive years of […]
Read More →From the FT this morning: The threat to the euro has always been a soluble problem cloaked in an aura of political impossibility. But with each day, both sides seem more willing to indulge in blame shifting rather than constructive engagement. Greece now stands on a precipice. It is increasingly hard to detect the path […]
Read More →Notable Transactions Buy(s) THB 451 mn POST – So he’s gone ahead and acquired up to 25% of POST b/c he says he believes in the future and the business today. PF – I still fear a future capital increase by Property Perfect. BA – And he continues to buy more and more shares. Sell(s) […]
Read More →Here are the facts: Exports tumbled for a fifth straight month in May The Commerce Ministry yesterday said shipments fell by 5% year-on-year to US$18.4 billion last month. In the first five months, exports reached $88.7 billion, down 4.2% from the year-earlier period. May exports of agricultural goods fell by 2.8% year-on-year to $2.97 billion, […]
Read More →WEH has followed the typical Thai drama show story line for the past 12 months with the major shareholder, Nopporn Suppipat, having an arrest warrant issued for him and the SEC blocking their supposed IPO and hurting DEMCO’s short term share performance (hence the only reason for posting this). Now there is a new shareholder […]
Read More →A great little op-ed by Mark Mobius on ASEAN and the AEC Impact on the region, see below for the whole article. The role of Asian markets in the global economy has grown significantly in recent years, and we expect this trend to continue in the future. Many of these countries have also made fundamental […]
Read More →Given I was overseas 2 weeks ago, here’s a full compilation of all the stock related news during the week of 07/06 – 15/06 sans comments as it is just too much to catch up on. BKD BKD plans to bid for a Bt3bn project, expecting to win 50%. It expects 45% revenue growth this […]
Read More →There’s another drought happening throughout Thailand and this doesn’t bode well for consumer spending upcountry. Here’s some information that we’ve been able to put together. Cause? Massive deforestation in north was the fundamental cause as this has resulted in the lack of rainfall, especially in the North, where most reservoirs are situated. Specifically, at least […]
Read More →There’ll be the usual annual rebalancing in the SET Indices names this week, the official changes are: SET50 Additions: BA, BMCL, CBG, ITD, SAWAD, TPIPL, WHA, THCOM Deletions: BAY, BIGC, BJC, HEMRAJ, KTIS, SCCC, SPALI, VGI SET 100 Additions: ASP, BA, BEAUTY, CBG, CKP, LHBANK, MONO, RS, S, SAPPE, U, UNIQ, WHA Deletions: BAY, BCH, BIGC, BJC, IFEC, […]
Read More →There isn’t much that can be said here… https://www.youtube.com/watch?v=WWNbekZVyKk&feature=youtu.be
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