Commentary on special events in Thailand and the SET Index.
Last month Toyota said that they would be investing more into Indonesia for certain models, this despite an awful infrastructure system, and now Malaysia is looking for more investments from the auto sector as well. So will Thailand see less investment going forward? What impact will this have on SAT, TRU, STANLY and IHL on […]
Read More →Last night the Government announced a State of Emergency, our first thoughts, other than being a bit more worried about violence, is what happenend to the market last time? The market had dropped just over -3% that day, the market backdrop is slightly different in that during 2010 the market was still rallying from the […]
Read More →Looks like the bidding begins by Sept ’14, ADVANC and DTAC are in good financial shape to be able to pay for this, TRUE has launched its TRUEGIF but it’s still bleeding cash from its marketing campaigns, at the end of the day ADVANC is still going to be the market leader. True Move and […]
Read More →This news article was emailed around by brokers yesterday that Thailand’s risk of default has increased, ok let’s sit back and take this all with a grain of salt, Thailand is a long way away from being a default risk, ample reserves are being held by the BOT, debt-to-GDP levels are still more than manageable, […]
Read More →Howard Marks of Oaktree Capital Management has come out with another must read memo, here he covers the role of luck, the effort of a team, and looking at inefficient markets, see below for excerpt and a link to the pdf At that point, an uncle pulled him aside and doled out some advice. “Jim, […]
Read More →Christiani & Nielsen (Thai) Plc (CNT) is a listed construction company operating in Thailand for 82 years, with more than 1,500 projects. Managing director Khushroo Kali Wadia discusses the company’s strategy and outlook. What is CNT’s business model? We are a pure construction company offering a wide range of services including the design and construction […]
Read More →Just in case you don’t already know, these are the roads that are shutdown today and most likely for the next couple of days Source: The Nation
Read More →I think, like most of my colleagues and friends, that we are tired of discussing politics. On Monday we have 7 main intersections being shut down, in the end there still isn’t a clear solution in sight, we have a government that has been fairly quiet during the protests, keeping the potential for violence to […]
Read More →I think a lot of market participants were surprised by the sudden drop of CPALL on Friday’s trading (it finished down 3% for the day), first thinking it was market related only for the counter to remain under pressure for most of the day. So what happened? CPF Announced its wholly-owned subsidiary, C.P. Foods Holdings […]
Read More →Out of all the forecasts for 2014 that we get stuffed down our throats at the end of ’13 and first few weeks, there are very few that I care to sit down, read carefully and think about. Byron Wein of Blackstone is one of those, enjoy the list below and go to the link […]
Read More →