ThaiCapitalist research
Latest thoughts on the market from our chartist Ploy! The SET slightly breached above the barrier at 1,190-1,200 ( which was given here last week) yesterday. It is likely that the SET may continue its rally, heading up towards 1,231-1,235 by late this month to Songkran festival. The supports are now at 1,174-1,170 and 1,160. […]
Read More →Sammakorn Public Co Ltd was founded in September 1970 with registered capital of 8 million baht by His Majesty the King’s Private Property Office, to develop and build houses for middle and upper-income markets. The company listed on the Stock Exchange of Thailand on Feb 3, 1992 under the symbol SAMCO. It has steadily increased […]
Read More →Notable transactions: BGH – The President is still buying shares, who knew his pockets were so deep or does he have funding for this? KBANK – A director and family member buys THB 40 mn worth of shares. Raimon – Management is buying up in expectations of fantastic earnings this year when they transfer The […]
Read More →The Thailand Automotive Institute forecasts that automobile production will increase from 2.1 mil units p.a. to 3.1 mil units by 2015. This implies a 48% growth over 3 years, 28% per year. The Federation of Thai Industries expects that output will increase 48% YoY in 2012 as companies make up for output losses from the […]
Read More →The SET is up 13.6% for the year, same story as last week, purely liquidity liquidity and liquidity. It’ll be interesting to see how the market will perform in March/April when dividends are being paid out. Industrials are showing their first signs of profit-taking since their rebound from the flood crisis.
Read More →The clever folks at Thanachart put out a summary of the 4Q11 and 2011 results. 2011 was really the year of telco’s in Thailand with DTAC and ADVANC performing very strongly. No surprise that the electronics and insurance co’s had a horrid 2011 b/c of the floods in late 4Q11. Now just steer your eyes further down […]
Read More →Latest thoughts from our resident chartist Ploy! Nothing has been changed much while the market is testing its Previous High. The US Dollar index is stalling at the X-support, as shown in the chart below. We have to wait and see whether the index can make a strong rebound from the support. Key resistance is […]
Read More →Given the rising tensions in Iran leading to oil prices continuing to climb higher, the smart folks over at Thanachart put these charts together demonstrating the high correlation that the SET Index has with oil prices. This is due to the fact that the energy sector has the highest weighting within the SET.
Read More →Notable Transactions: BTS – The owner just bought THB 2.56 bn worth of shares BGH – The president continues to accumulate with another THB 20 mn worth of shares SYMC – Quite interesting to see a director of the board sell THB 20.5mn worth of shares. This company has secure cashflows for the next 10 […]
Read More →Jeremy Grantham, GMO’s Chief investment strategist, recently released his 4Q 2011 newsletter and its quite the read at 14 pages. He covers his thoughts on investing in general, capitalism today and investment observations for 2012 Some brief points to take away from it: Overpricing exists in debt markets such as the US and UK Stocks […]
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