Commentary on special events in Thailand and the SET Index.
As much as I like to throw mud at the central bank of Thailand. While having a discussion with a friend yesterday regarding investments, he brought up a point stating that the Central Bank of Thailand’s foundation is one of the key reasons that Thailand has done so well and through its inflation-targeting has been able to […]
Read More →Hahaha I remember this one well, one of the first companies we started writing about…movement upon consumer protections here in Thailand are still quite slow, then again anything that has to go through a government body will take time. A group of 639 members of the bankrupt California WOW (CAWOW) health club gathered on Sunday […]
Read More →My drowsy eyes just saw this in the AM, head over to this link to download it BerkshireHathaway
Read More →Wonderful interview with Howard Marks who runs Oaktree Capital stateside, its a great read and the key points I gather from it are: The level of economic activity, anecdotal as you describe, is not an indication of health in the future. It is an indication of health in the present. The question is, what are […]
Read More →For the past few weeks the government has been “pressuring” the BOT to cut rates in the aim of preventing the Thai baht from getting any stronger. We’ve been against this thought as Thailand has so much liquidity flying around as it is and with the Government’s spending coming through next year any further rate […]
Read More →Pranda Jewelry Plc was founded in 1973 as Pranda Design Company Limited and renamed Pranda Jewelry Limited on April 27, 1984. It listed its ordinary shares on the Stock Exchange of Thailand on July 6, 1990 and converted to a Public Company Limited on June 3, 1994. Pranda currently has registered capital of 410 million […]
Read More →Its been on the news quite a bit in the past few weeks that because the Thai Baht has strengthened 2.5% YTD  Overseas investors have bought $1.2 billion more sovereign notes than they sold this month through Feb. 8, Thai Bond Market Association data show. Finance Minister Kittiratt Na-Ranong said on Jan. 31 there’s concern […]
Read More →Who still listens to credit ratings? S&P’s senior director of sovereign ratings Tan Kim Eng said on Thursday that S&P’s decision  as based on the fact that Thailand is at risk of having a problem of high public debt in the future, even though it has strong economic fundamentals. Regardless, Thailand maintained its BBB+ rating […]
Read More →As a sector its earnings grew 25% YoY with KK, BAY, KBANK, and KTB showing incredible earnings growth. The combination of a recovering Thai economy from the 2011 floods, automobile incentive scheme, housing schemes, reduction in corporate income tax from 30% to 23% all boosted their earnings strongly. Going forward however the same elements aren’t […]
Read More →Amata Corporation Plc is Thailand’s leading developer of industrial estates, established in 1989 and listed on the Stock Exchange of Thailand (SET) in 1997. It is the flagship of the Amata Group, with 15 subsidiaries that manage the supply of utilities, infrastructure and services in Amata industrial estates. Chief operating officer Viboon Kromadit discusses the […]
Read More →