Research on Thai Markets in general and the SET Index
Three electric train auctions set for June — The three are the Orange Line connecting Thailand Cultural Centre with Min Buri, worth 110 billion baht; the Pink Line from Khae Rai to Min Buri, worth 56.6 billion baht; and the Yellow Line from Lat Phrao to Samrong, worth 54.6 billion baht. (Bangkok Post, 3/6/16) New […]
Read More →A few things that caught my eye, 1) The MAI is still doing poorly this year 2) Healthcare is the main sector that has performed well over the last 12 months 3) Agri + Construction have pushed the market strongly this month.
Read More →Here’s some things that I’m finally catching up reading after going through all 1Q earnings… Bill Gross – Investment Outlook June 2016 Anyway, my basic thrust in this Outlook will be to observe that all forms of “carry†in financial markets are  compressed, resulting in artificially high asset prices and a distortion of future risk […]
Read More →Prayuth to approve building and land tax in cabinet meeting tomorrow, according to a source. (Daily News, 30/5/16) Government Housing Bank and Government Saving Bank to discuss with Ministry of Finance regarding loan approvals since the banks need to reject about 60% of loan applications in order to adhere to the ministry’s policy. (Thai Rath, […]
Read More →Cabinet nod for B2bn AIIB initial payment — The cabinet yesterday approved an initial payment of 2 billion baht from the central budget to the China-led Asian Infrastructure Investment Bank (AIIB). Thailand, which wants to become a full member of the bank, was required to make the payment before the AIIB holds its first annual […]
Read More →There’s been a lot of hubbub in the past week that the Fed will potentially (again!) raise rates in the upcoming June meeting. Anyone else thinking that this is beginning to feel like Groundhog day?
Read More →A few interesting points to note from 1Q16 earnings Food&beverages, Petrochemicals, Construction Services, STEEL!, Packaging and Paper& Printing materials all had both YoY and QoQ profit growth Automotive has finally stopped dropping Insurance & Electronics got killed
Read More →Here is the biggest WTF, with every government budget, the Ministry of Education has for the past … decade or so received the highest budget (or near the top) amongst all the government departments and yet the education levels here are still incredibly low when compared to the … well virtually any other country. Doesn’t […]
Read More →Given that the military has come out saying “oh things could be postponed again.” This doesn’t give me quite a lot of confidence in their ability to manage things at all…regardless here’s a timeline that the clever fellows over at Maybank Kimeng Thailand have put together.
Read More →Commodities specifically: oil, energy and petrochems have been leading the way in the past few weeks and should oil continue its positive movement then this is effectively the only sector within the market pulling everyone else up. 1Q earnings season is reaching its last day today, and thus far will its all inline with what […]
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