Commentary on special events in Thailand and the SET Index.
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 →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 →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 →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 →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 →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 →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 […]
Read More →Our favourite chartist queen, Ploy, has returned to grace us with her thoughts on the the markets, exchange rates and what it all means when put together. Enjoy the read! The question investors around the globe have been asking to themselves since May 22 when the Fed’s President mentioned in the congressional testimony of the […]
Read More →Hahaha…no comment..said enough in the past.. The defunct fitness company California WOW Plc cheated its customers and shareholders by reporting losses while transferring 1.7 billion baht out of the country over 10 years, officials say. The Anti-Money Laundering Office (Amlo) made the revelation on Friday, saying it believed as many as 10 people were involved […]
Read More →QTC Energy Plc, formerly known as QTC Marketing & Service Co Ltd, was established on June 9, 2003 with registered capital of 10 million baht to conduct the businesses of manufacturing and distributing electricity distribution transformers. Director Poonphiphat Tantanasin discusses the company’s strategy and outlook. What is QTC’s business model? QTC Energy Plc is an […]
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