Research on Thai Markets in general and the SET Index
Well its mid-way through my favourite month of the year and the SET is down some -4.5%, why? Well we know why but can’t type it in public, though from what I’ve been told everything has been pre-arranged internally. You take from that what you will. The Fed is supposedly meeting soon and that should […]
Read More →Notable Transactions Buy(s) THB 167 mn BTW – A switch between shareholders EARTH – Oh he’s back to buying shares again. One of the strangest coal companies around.. Sell(s) THB 435 mn ORI -Â This was the block sale to Templeton PT – Interesting that after he sold the block of shares the share price […]
Read More →Household debt up sharply: Reckless policy and slow growth at fault. Average household debt in the year to date has risen by 20.2%, the highest growth in nine years, according to a survey by the University of the Thai Chamber of Commerce (UTCC). (Bangkok Post, 16/9/16) Â BoT watch on foreign bondholders. The Bank of Thailand […]
Read More →Well that was rather fortuitous. At the beginning of last week I wrote that I hate the month of September, and this has year been no different with some -6% knocked off the SET so far this month. Granted I personally may be influenced because I still remember the times of ’07 and ’08 regarding […]
Read More →I enjoyed reading this speech from the now former head of the RBI, it does give a quick insight into the thinkings of a central banker. To bolster the value of the rupee, we had to give investors more certainty that future inflation would be low. After all, it was primarily India’s higher inflation with […]
Read More →Â Fixing of structural issues urged. THE ECONOMY has the potential to grow by 4.5-5.5 per cent a year if the country addresses hindering structural issues, said Bank of Thailand Governor Veerathai Santiprabhob. (The Nation, 7/9/16) Nod for Gold Line monorail, but impact study requested. THE BT3.8-BILLION Gold Line monorail project for western Bangkok along the […]
Read More →Him, H. Marks and B. Gross are some of the few commentaries that I enjoy reading monthly/quarterly. The key message this month is in the first paragraph which is below, enjoy! The first was that the world was condemned to a prolonged period of slow growth unless vigorous fiscal spending took place in the major […]
Read More →It’s September! The month I dread, where for some reason things that can go wrong, do go wrong and markets pullback. After the litany of negative headlines seen in the past 12 months, what can we expect this month?
Read More →State firms plan investment spree to boost the economy — In the second half of this year, 55 state-owned enterprises will invest at least Bt100 billion, to add to the Bt130 billion in the first half, in order to boost economic growth by 0.3-0.4 of a percentage point. (Bangkok Post, 29/8/16) Auto decline brings down […]
Read More →There isn’t any new information in his latest monthly commentary as he continues on the negative aspects of zero interest rates and negative rates. But at least he doesn’t talk about sex anymore… I and others however, have for several years now, suggested that the primary problem lies with zero/negative interest rates; that not only […]
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