Research on Thai Markets in general and the SET Index
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 […]
Read More →Notable Transactions Buy(s) THB 46 mn N/a Sell(s) THB 142 mn KSL – This director sells a rather large stake @ ~ THB 80 mn BEAUTY – Looks like a block trade again from Beauty, no idea which fund picked it up this time.
Read More →New talks on G2G rice deal with China — THE GOVERNMENT plans to renegotiate with China deals for the sale of rice and other agricultural products after deciding to go it alone in the Bangkok to Nong Khai high-speed rail project instead of engaging in a joint venture with the economic powerhouse. (Bangkok Post, 10/5/16) […]
Read More →There is something both ridiculous and beautiful about traditions in any culture, and the same holds for the annual sacred oxen festival where 2 “holy” sacred oxen will dictate the fortunes of the country. The results this year were that there will be plenty of food and water for agriculture and that communication and foreign […]
Read More →Just imagine how the market would be performing if it weren’t for the rapid rebound in oil prices?
Read More →Govt pushed for retail measures — THE RETAIL industry now expects to grow by only 2.8 per cent this year instead of around 3 per cent, and continues to urge the government to implement the short- and long-term measures it has proposed to improve the situation. (The Nation, 4/5/2016) BoT reports muted first-quarter growth – […]
Read More →You can see from the breakdown in industries that energy, petrochemicals etc etc have helped to keep the market relatively strong this year even though we are starting to see some weakness creeping into the financials. But regardless a YTD + 8.5% in THB is magnificent when compared to most markets in the year (although […]
Read More →