Commentary on special events in Thailand and the SET Index.
A joke amongst friends is how if CP Group were to ever go under then SCB’s entire equity base would be wiped out. Then again that isn’t likely to happen anytime soon. Siam Commercial Bank emerged as the top banker to CP Group, controlled by Thai tycoon Dhanin Chearavanont, pocketing $40 million. Dhanin has stepped up […]
Read More →Data Source: SETSMART, Note: Dark Green – Local Investors; Yellow – Local Institutions; Blue – Prop Traders; Army Green – Foreign investors
Read More →Total Buy(s) THB 1 bn Total Sell(s) THB 5.3 bn Note: These transactions shown are the data points above THB 20 mn
Read More →The latest trend/headline that is popping up more and more often is that Vietnam is the place to be as a manufacturing base for the region because of its younger/cheaper population. And its a story I believe, Thailand, in my viewpoint is still relatively safe for the next 10 years but after that, I wouldn’t […]
Read More →Amata looks beyond industrial estates What is Amata’s business model? Amata Corporation Plc is the largest listed company in the industrial estate sector of the Stock Exchange of Thailand. Viboon Kromadit, director and chief marketing officer, discusses the company’s strategy and outlook. Amata plans to launch a REIT and list a Vietnamese affiliate, Mr Viboon […]
Read More →On the coup I just don’t understand this western media, why are they portraying us as barbarians and dictators, this is ridiculous, can’t they see that the previous governments were just a bunch of corrupt inept nincompoops that were running this country into the ground with their incessant infighting, corruption, populist policies, Thailand is a […]
Read More →I love his memo’s and his latest one is as much of a gem as all his previous ones, Howard Marks has always been able to describe investing, the markets in such a simple and easy to understand manner. Source: Oaktree I’ll just add personal thought on liquidity that is mentioned in brief in the […]
Read More →Finally some positive news and this shows that the government agencies are finally doing some work. Which listed companies benefit? Simple, AMATA, WHA, HEMRAJ, TICON Here are the facts: The Board of Investment (BoI) is more upbeat about Thailand’s investment prospects after approving some 700 projects with a combined investment cost of 110 billion baht […]
Read More →If you want to understand why the Thai market is more volatile than the rest of the region, then here’s your answer, retail investors represent more than 50% of the daily value traded. In all honesty I do believe that this is a positive thing it provides more liquidity and lets face it, institutions aren’t […]
Read More →Earlier in the week, the International Civil Aviation Organisation (ICAO) came out saying that it had concerns about Thailand’s aviation industry, here are the facts & implications: Thai carriers could face a similar fate to that of Indonesia in 2007 when the European Union barred all 51 Indonesian airlines from landing on its runways, citing […]
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