New section added!
We’ve added a new section to Thaicapitalist! On the title tabs you can see a new tab called “SET Market Data” Â
Read More →Category: Special Events
Commentary on special events in Thailand and the SET Index.
Want to know how the global economy is doing?
Alcoa’s figures are considered to be a bellweather for the global economy and by the looks of this, things are coming along just fine. Â
Read More →Rant: Thailand’s rotten rice scheme
Now I prefer not to jump on the bandwagon about Thailand’s rotten rice scheme thus far, agricultural subsidising is a common practise throughout Europe and the US and its become a noisy issue in Thailand because of Thailand’s loss of its number 1 exporter status, Moody’s calling it an issue (do people still listen to […]
Read More →Foreign banks can apply for licence
Saw this in the news the other day and was surprised that not more people picked up on this. Its a positive thing for Thailand that international banks will be allowed to expand further in Thailand, although the steps are small at first i.e. only 20 branches and 20 off-premise ATMs, eventually these banks will […]
Read More →Rant: Loss-making state firms to boost bonuses
What the ?! So this is what we pay taxes for? What about firing the heads for being useless monkeys, for all the complaining that Singaporeans do about their state enterprises, imagine the noise they would make if they saw whats going on here. Despite massive losses and huge debt loads, some state-owned transportation enterprises […]
Read More →Interview: Quality over quantity remains the focus for dimet in quest to be no.1
Dimet (Siam) Plc (DIMET) produces and sells high-performance protective coating to oil and gas and related industries such as petrochemical plants, refineries, power plants and oil and gas exploration platforms in the Gulf of Thailand as well as timber finishes, architectural and industrial coatings for automotive parts and gas cylinders. Chairman Suraphol Rujikarnchana discusses the […]
Read More →SHIbor!
When we saw this chart on the 19th June… Source: Zero Hedge …our hearts sunk for a moment as we feared an event similar to 2008 with Lehman going under and repo/overnight rates globally spiking, thankfully the 19th the Chinese government has come out saying that they will provide liquidity to the market. But we […]
Read More →SET semi-annual index review
Yesterday the SET announced its semi-annual review, see below for the list of changes SET50 index (SET50): 3 companies; – CENTRAL PLAZA HOTEL PCL. (CENTEL), CH. KARNCHANG PCL. (CK), SIAM GLOBAL HOUSE PCL. (GLOBAL) – will be added into its index constituents. There are also 11 additions in the SET100 index (SET100): DEMCO PCL (DEMCO), […]
Read More →Can Bernanke Avoid a Meltdown in the Bond Market?
This a great editorial from Jim O’Neill, the former head of Goldman Sachs Asset Mangement, the snippets below are what I found to be most interesting: A return to normality eventually implies a benchmark 10-year Treasury yield of 4 percent or more In recent years, the search for yield has gone wider and deeper. The resulting […]
Read More →Which investors are driving the market?
Today the SET had a wunderbar rally up 4.42% or 62 pts, however the rest of the region, while up as well looked relatively muted. So remembering that this week trigger funds (local asset management firms love to sell mutual funds that say once the fund hits an x.x% return the monies will be returned […]
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