Commentary on special events in Thailand and the SET Index.
Saw this in Bloomberg, it states what we believe that small-caps do generally outperform large caps and indexes over time, interesting to note that their definition of a small cap is USD 2 bn (THB 60 bn), our own definition for the Thai market is USD 200 mn (THB 6bn). According to financial research firm […]
Read More →Toyota Thailand just published its latest industry findings in Thailand and boom! Car sales up a whopping 108 % YoY. Which listed co’s here benefit from this? SAT, STANLY, AH to name a few. May Apr Mar Feb Jan Dec Units 115,943 87,788 110,928 90,461 42,873 54,575 Y/Y pct +107.6 +30.5 +19.3 +17.2 +11.5 -41.4 […]
Read More →In the news this morning the Thai newspaper Kao Hoon reported on rumours that Siam Commercial Bank (SCB) is in talks with the Ministry of Finance (MOF) to buy its 26% stake in TMB through a share swap ratio of one SCB share to 60 TMB shares. The key issue with this transaction lies with […]
Read More →“Europe is an allegory for the ages of man. You are born Italian, relentlessly infantile and mother-obsessed. In childhood, you are English: chronically shy, tongue-tied clicky and only happy kicking balls or pulling the legs off things. Teenagers are French: pretentiously philosophical, embarrassingly vain, ridiculously romantic yet simultaneously insecure. During Middle-Age, we become either Irish […]
Read More →Soros gave a speech at the Festival of Economics, Trento Italy, there he covered his thoughts on the Euro Crisis today, its a fascinating read enjoy! But the likelihood is that the euro will survive because a breakup would be devastating not only for the periphery but also for Germany. It would leave Germany with large […]
Read More →The Ministry of Commerce reported May inflation at 2.53% YoY, up from 2.47% YoY in April and inline with market estimates of 2.50% YoY. On a monthly basis, the May CPI rose a for a 5th month by 0.39% MoM, pressured by the 1.14% MoM increase in food and beverage product prices (33.0% of CPI), […]
Read More →This coming Wednesday Gen Sonthi Boonyaratglin, Chairman of the House Committee for National Reconciliation plans to table a “reconciliation bill” to Parliament that would provide blanket amnesty to all politicians and public servants (civil servants, soldiers, police etc..) for any political crimes committed since 2006 [note: convenient year to choose!] Thanachart put out flow chart […]
Read More →I just noticed a large increase in visits to this site…most of you were sent to this link http://www.thaicapitalist.com/2011/10/thank-yous/ where I thanked Howard Woon for allowing me to interview his clients of Shareinvestor Thailand for the Bangkok Post. If you hadn’t realised, its because of Shareinvestor Thailand that it is so easy to find public information about […]
Read More →Yesterday the THAI board announced the “termination of employment” or in plain english  the firing of Dr. Piyasvasti. The reason according to the Chairman K. Ampon is “Not that he is an incapable president. But so far, there has been poor unity in communications between him and the board of directors. To achieve THAI’s earning […]
Read More →Great op-ed last week by Voranai Vanijaka in the Bangkok Post talking about the fading power that is known as the yellow shirts or PAD. Close friends know the vitriol I’ll use when talking about this group given how they impacted my family, friends and myself. When the Criminal Court on Feb 28 this year sentenced […]
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