Commentary on special events in Thailand and the SET Index.
I’m not going to rant on thai politics, I prefer to sleep with a calm mind, but given the potential that the current government has on hand today to actually push through more policies, projects etc etc I’ve been disappointed by their performance thus far, then again no Thai government has impressed me since Thaksin’s […]
Read More →The National Economics and Social Development Board (NESDB) reported that the Thai 2Q12 GDP expanded +4.2YoY%, improving from the +0.4% YoY in 1Q12 and on a quarterly basis expanded +3.3% QoQ. Chart 1: Thailand quarterly & Annual GDP Growth YoY% Chart 2: Thailand’s Quarterly GDP Growth YoY% Key drivers appear to be: Consumption +5.9% Investments: […]
Read More →Need ideas for investments? Look no further than these names here, I’ve looked at MACO and QLT in the past and found them to both be well run companies but for liquidity reasons neither were investable unfortunately. SST well…leveraging up ones balance sheet to buy Au Bon Pain and Dunkin Donuts…not sure. As for WORK, […]
Read More →Its positive to see the SET relaxing its draconian listing requirements. The number of IPO’s in Thailand have been very low for the past few years with half (3) of the listings this year being property funds. Hopefully this relaxation in holding co’s will expand the number of new choices here in Thailand. Kannikar Chalitaporn, president […]
Read More →The SET organises opportunity days which are sessions where public companies ranging across all sectors and market cap sizes provide an update on their business outlook and discussion of their latest financial results. I highly suggest anyone in Thailand to simply go, sit down and listen to each company, its something I like to do […]
Read More →KBANK is mimicking SCB’s successful expansion into Investment Banking (3 years ago), I’m not too surprised by the move given both banks move from pure depositor-lenders to more universal banks and over the short-mid term I wouldn’t be surprised to see more deals happening in Thailand which could make for an exciting period in the market, then […]
Read More →Notable Transactions Buy: BLAND – I’m still trying to see what the story here is for BLAND, it could be a land sale, property fund, business expansion, not sure yet, but its obvious K. Anant has something planned. Sell: JMART – To see the the CEO and a director sell off a substantial portion of […]
Read More →It’s past midnight on Sunday and I can’t sleep, my mind is just racing through probabilities regarding the market, wondering if our scenarios regarding Europe are correct, if our investments ideas are correct, if our trading ideas are correct, I’m currently doing a quick n dirty quant screen (pe’s, div yields, pbv’s compare vs roe’s roa’s) just […]
Read More →Thailand’s domestic automobile sales in June 2012 rose by 76%yoy to 123,471 units, increasing 6% from May 2012, marking the highest level in the history of the industry here. Simply a recovery from the floods last year combined with the first-car buyer incentive scheme. Who benefits? SAT, AH, STANLY are the names we’ve mentioned here […]
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