Commentary on special events in Thailand and the SET Index.
GMO’s Jeremy Grantham is out with his latest quarterly paper and as usual its a must read, he goes through his thoughts on the economy, what Yellen is likely to do during her time at the Fed, earnings vs valuations, timing bear markets and so forth. One point he does make is that he (along […]
Read More →This was one of the best interviews I had the pleasure of doing, Mr. Abdullah does come across incredibly passionate about DTAC’s businesses and opportunities. Total Access Communication Plc (DTAC) is one of the leading telecommunication services providers in Thailand with a total subscriber base of 27.5 million users, making it the country’s second-largest mobile […]
Read More →So its finally approved for 2013 and 2014, less personal income taxes, so the numbers look like so Source: Bangkok Post This is wonderful for us tax payers, I don’t think it will have a big impact on the overall government’s revenue collection b/c there are only some 3 mn (?) actual personal income tax […]
Read More →Nope not my thoughts, instead these come from Byron Wein of Blackstone and there are several points within his commentary in regards to margin pressures in the US, Europe’s valuation and Japan’s Abe-economics, see below for a snippet and the link for the full article. I established three new categories, long-only United States and long-only […]
Read More →Krugman’s latest piece over at the NYT draws the comparison of Europe’s recovery since the ’08 GFC versus the Great Depression, and yes its rubbish in comparative terms. So the bulls will say “hey at least things are getting better” whilst the bears will counter “but it’s still awful considering the xx.xx billions of euro’s […]
Read More →And its all done! Preah Vihear belongs to Cambodia as everyone had expected, the Senate kicked out the Amnesty Bill with a 140-0 vote. What else are they going to stay on the streets for now? To kick the government out and have a snap election? Please democrats you’re still going to lose. Red shirts […]
Read More →BTS Group Holdings Plc (BTS) and TMB Bank (TMB) will be added as components of MSCI Global Standard Indices.  The 15 new stocks on the MSCI Global Small Cap Indices are Asia Plus Securities Plc (ASP), Chularat Hospital Plc (CHG), CK Power Plc (CKP), Country Group Development Plc (CGD), Diamond Building Products (DRT), DSG International […]
Read More →@10 AM The senate meets! Either they will accept the bill or chuck it out the window and then we have @4pm the Preah Vihear dispute and then we have a 6PM deadline set the Democrat’s rally for the the government to annul the amnesty bill. In the meantime more anti-amnesty and anti-gov folks will […]
Read More →Forbes has been busy this week on talking about Thailand, with articles covering both the politics and the “bubbles” forming within the country and the market. My thoughts on the two..well politics, I’ve commented almost daily on this and essentially my viewpoint is that Mr. T is pushing his luck, I haven’t seen so many […]
Read More →If you want a good quick summary of how incestuous and ridiculous Thai politics is, enjoy the read below, great piece by K. Songkran So let me sum this up correctly if I may. We’re being asked to support this great revolt against the Thaksinisation of Thailand by placing our faith in protest leaders who: a) […]
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