Commentary on special events in Thailand and the SET Index.
Byron Wien of Blackstone, just released his latest monthly paper and its a heck of a read. He covers his thoughts on how all the government spending may have influenced the equity markets in the US, Europe and Japan, its quite the read, enjoy the snippets below and a link to the rest of the […]
Read More →His latest paper is a discussion on the low interest rate environment and how he plans to navigate it going forward, it is quite the enjoyable read, here’s a snippet and link to the rest of the article. On the bond side, my famous (infamous?) “Short of a lifetime†trade on the German Bund market […]
Read More →Here are some comments from around the Web + my own at the bottom Thailand is the least preferred equity market in Southeast Asia given lofty valuations and ongoing political uncertainty, Morgan Stanley wrote in a report this week, predicting a possible 10 percent decline in the MSCI Thailand Index in dollar terms. The baht […]
Read More →TPCH taps into bright future for biomass power TPC Power Holding Plc (TPCH), which listed on the Stock Exchange of Thailand in January, is the country’s largest biomass power plant company. President Cherdsak Wattanavijitkul discusses the company’s strategy and outlook. What is the history of TPCH? TPC Power Holding began as the business development subsidiary […]
Read More →And yet people wonder why there are so many accidents…investment wise – insurance premiums to increase in the future? Source: Bangkok Post
Read More →It isn’t a secret that Thailand hasn’t really invested in its own infrastructure since before the Asian Financial Crisis, granted we have had the creation of the skytrain, subway and airport, but these were all Bangkok-specific and not throughout the whole country. Investment made up about a fifth of total spending in fiscal years 2002 through […]
Read More →It’s that wonderful time of the year where the public can listen (or even stream online) to public companies present their business model, latest performance and so forth, there are some 100 companies this year, click the link below to see the whole schedule. https://www.set.or.th/set/oppdaybyperiod.do
Read More →It’s no surprise that 1Q15 numbers were weak, for the full year I have my doubts on Thailand being able to achieve the 3.4% prediction that comes out of the government, why? Exports are weak, Imports will pick up (should oil prices maintain these lvls), Consumption is weak (debt is too high), Government spending is […]
Read More →The consistent winners: Construction materials, tourism & leisure, food & beverages and insurance all had decent YoY and QoQ Â growth rates The consistent losers: Construction services, personal products & pharma had rubbish YoY and QoQ growth rates. Anything interesting? Agricultural seems to be a cyclical funk, wondering out loud when will it rebound? Transportation & […]
Read More →If you believe it. The two main sacred oxen, Phra Kho Fa and Phra Kho Lert, were each offered seven bowls containing seven different foods, and their choices were used to make the predictions. The seven dishes were paddy rice, maize, water, grass, soybean, sesame seeds and liquor. The oxen ate grass, a forecast that the […]
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