It’s shopping time, 7/7! How appropriate given that the market is now 20% for the year, the PE seems to have magically disappeared from my bberg but whatever. The yield is now at 4.4%, the index is almost down below 1x PBV – which typically means, it’s shopping season. But we are blessed in Thailand […]

Thailand is having good fun with Cambodia. It’s an interesting few weeks ahead and it’s all about the budget…it’s THB 150 bn up for play between the two main ministries….

How’s this for a piece of good news….ESG LTF whatever it is called deadline is this month – massive fund flow incoming!! right….

Bonus 3

It’s becoming amusing for some sectors (I have to extend the chart indices lower). But again the story remains quite the same for the overall market…banks + telcos seem to be where folks are hiding out. And until the banks decide to lend again (which they can’t as they won’t accept the truth of the […]

I thought that Thailand started working again mid May, no, there was another long weekend…for wife # whatever. Perhaps Thailand is a perfect example of what happens when there are too many holidays and people don’t work, it’s becoming the France/Italy of Asia. I believe that Prayuth and friends added 2 holidays, and if you […]

Bonus 2

And so the nerves of the political brouhaha have started. With the noise against Thaksin & Yingluck who wants to take the over/under that Ung-ing gets kicked out? Or is just a tactic to pressure them regarding the budget? What happens if Anutin becomes PM? 1Q #’s came out and looked quite meh – even […]