Commentary on special events in Thailand and the SET Index.
The LTF investment scheme begun in 2002 by Thaksin which has essentially helped to bring more local funds into the market in Thailand. “LTFs are on the front burner when we talk with the Revenue Department. The association must make the department conform to the same view. Many people think such funds only benefit the […]
Read More →Wonderful short interview with Jeremy Grantham of money management firm GMO where he basically covers his thoughts on the Fed policy and the so called Bernanke-Put that has helped to keep asset prices high. I do keep my eye out for when/if rates may turn, for when/if the VIX may hit high levels again, for when/if Gold may decide to […]
Read More →Its reporting time from all the publicly listed companies in Thailand, with the quality of presentations available (meaning they are pretty damn good), its great finding out little tidbits of information like this one from Asiasoft Plc (AS). Who whould’ve thought that Thailand was only just behind Singapore in terms of daily spending on apps? […]
Read More →Another good op-ed in the Bangkok Post this clearly stating the inconsistencies in Thailand today. So what does this mean for the market? Well my viewpoint is very simply how many more negative events can hit Thailand? Far and far less, yes there is a fear of the Red Shirts under Jatuporn creating more noise […]
Read More →Well Yellen chaired her first succession, annouced another cut in the asset-purchase program by USD 10 bn – so they are still buying USD 55 bn a month of of mortgage-backed securities and longer-term Treasury securities. Anything else? Well the fancy sentence is now “Shifting to “Qualitative Guidance†from “Quantitative Guidance†for the federal funds […]
Read More →This was going around all of the social media feeds yesterday afternoon, Singapore is hosting a Songkran event! And then Thai’s begun shouting about how Singapore is stealing a Thai tradition, well no, its not a Thai tradition, it exists in Myanmar, Laos and Cambodia, as well as in Sri Lanka and India (off the […]
Read More →We have an interesting few weeks coming up with politics in Thailand: Yingluck has been given a 15-day reprieve by the National Anti-Corruption Commission (NACC), so by the 29th March she will have to present her defence and then the NACC will conclude an impeachment case -> nothing positive out of this for her. The […]
Read More →Over the past 2 weeks we’ve attended numerous AGM’s and EGM’s and what I don’t quite understand is why some investors have to stand up and complain like whiny children about a company’s performance. If you don’t like a company/a stock, just sell it, that’s the beauty of investing its a real time beauty contest. […]
Read More →S. Khonkaen Food Plc (SORKON) is a major producer of Thai-style sausages and dried, shredded pork. In recent years the SET-listed company has branched out into food retailing and restaurants and is also pursuing other market opportunities. Chief executive Charoen Rujirasopon discusses the company’s strategy and outlook. Northeastern and Thai-Chinese dishes have broad appeal, says […]
Read More →Byron Wein of Blackstone has just released his latest monthly letter and as usual its good reading, he covers the markets, the US, Japan and China, see below for a snippet and a link to the letter. Everyone had made money in the stock market in 2013, although few had done as well as the […]
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