Category: Market
Research on Thai Markets in general and the SET Index
Market Update 06/06 – 10/06
Oil prices are beginning to look wobbly, should that go (no idea, USD seems to be weakening at the same time so there’s a temp disconnect between the two), then don’t be surprised to see the market comfortably drop a couple %, but with the government pushing through the infrastructure projects then perhaps that could […]
Read More →WHTW: Top 10
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 →Market Update 30/05 – 03/06
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 →Random Thoughts: Stuff to read, JAS & BJC
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 →WHTW: Top 10
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 →WHTW: Top 10
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 →Market Update 16/05 – 20/05
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 →1Q16 Earnings Summary
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 →WHTW: Top 10
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 […]
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