Commentary on special events in Thailand and the SET Index.
PTG Energy Plc, the operator of the PT petrol station chain and the sixth-biggest fuel retailer in the country, made its debut on the Stock Exchange of Thailand in May 2013. Chief executive Pitak Ratchakitprakarn discusses the company’s outlook and strategy. PT Max Card members receive SMS alerts when fuel prices are about to rise […]
Read More →An insightful Op-Ed by Mr. Weiss over at The Huffington Post LONDON–In the 1950s and ’60s, when Thailand experienced the bulk of its 19 military coups, a dark joke circulated through the market stalls of Bangkok that the country had three political parties — the army, the navy, and the air force. Last month, it […]
Read More →According to the local news (will post source later), the National Council for Peace and Order (NCPO) is ordering the NBTC to put the following 4 projects on hold. The auctions of 1800MHz and 900MHz spectrums in August and November Universal Service obligation (USO) project The plan to give away cash coupons to subsidise set top […]
Read More →With rice payments completed the next steps are fairly straightforward NPL’s will decrease – Yay for finco’s Motorcycle sales will increase – Yay for motorcycle manufacturers/suppliers/leasing co’s Sales of White Goods will increase – Yay for retailers/finco’s Agricultural machinery sales will increase – Yay for manufacturers/suppliers/leasing BAAC president Luck Wajananawat said the bank had distributed […]
Read More →With the market performing fantastically on a YTD basis and not to badly on a 12 month basis either versus the rest of the region. Now this article from Bloomberg explains quite clearly why market declines in the SET have recovered quickly, local institutions have cash, lots of it, not just the SSO but every Asset […]
Read More →Notable Transactions Buy(s) THB 280 mn RS – RS has the combination of the world cup this year and Digital TV being implemented. CPF – In recent history there has been negative news every  3 months with this co EVER – No idea what is going on with this property company A – Have a […]
Read More →Charn Issara Development confident it can grow with Thailand Charn Issara Development Plc (CI), founded in December 1989, is in the core business of developing residential housing and condominiums, residential resorts for sale, office and retail space for rent, hotels and property management services for two property funds and related companies. Chief executive Songkran Issara […]
Read More →Be warned – I’m going to ramble… First reaction at hearing the military was going to take over – disappointment, Thailand’s politicians and judicial system, weren’t mature enough to figure out how to solve the issue themselves. I was hoping for the past 6 months that Thailand’s political system would be able to sort itself […]
Read More →While I’m still putting together my own long piece on the coup and its potential impacts (yes i’m slow I know I know, but I’m still just amazed and impressed by how well this all been executed). So in the meantime have a look at some key points that Dr. Mobius has put together. From […]
Read More →I’ve had the pleasure of listening to Kishore Mahbubani speak live a few months ago and just came across this article stating his viewpoints on ASEAN. As a region it is doing tremendously well despite all the issues that plague developing  countries, and in my mind as an investment destination is a no-brainer. See below for […]
Read More →