Research on Thai Markets in general and the SET Index
Thai Economy Turns a Corner as Junta Starts to Boost Investment — Thailand’s economy showed signs of a turnaround with its fastest quarterly growth this year, as the military government’s stimulus spending and a rise in tourist arrivals offset weak local demand and exports. Gross domestic product expanded 1 percent in the three months through […]
Read More →Well according to the latest GDP information it appears that GDP expanded 1% in the past 3 months compared to the previous quarter, won’t be surprised to see several economists begin to annualise this number and say that Thailand will hit 5% GDP Growth next year…. Anyways, here’s a few snippets from a Bberg article […]
Read More →The market is trying its best to stage a recovery this month with it up 2.5% already, but with the continued weak earnings from the majority of the listed companies, and look the resource sector now has a negative PE!!! , combined with the news that the Fed may hike interest rates this coming December […]
Read More →Third quarter earnings season has officially come to an end: Now there’s a lot to talk about, but being the my usual sarcastic self here’s what I’ve found most amusing thus far: CPF’s earnings – Core profit was a decent THB 1.3 bn in 3Q15, with total net profit at about THB 3.6 bn, a […]
Read More →Cliff Asness (of AQR one of the world’s first quant hedge funds) has put together a rather compelling argument on market timing (active investment) vs the well marketing passive investment approach. Personally I far prefer the active approach but only b/c I have the time and a team behind me to ensure we have the […]
Read More →Five infrastructure projects will be put on the fast track. The PPP committee plans to expedite infrastructure investment, beginning with five projects worth more than Bt300bn, including three mass transit lines (Pink, Yellow and Blue) and two motorways (Bang Pa In – Ko Rach and Bang Yai – Kanchanaburi). The expedited plan is expected to […]
Read More →The market tried its best last week to finish on a high, but this coming week w/ earnings still generally disappointing for the 3Q15 and the likelihood of the Fed increasing their rates by the end of the year has everyone a bit nervous. Although don’t be surprised to begin reading in a few weeks […]
Read More →Thai Interest rates They stayed flat @ 1.5% with the new BOT chief stating that the Thai economy looks like it may have already bottomed during the 4Q15. We have our doubts on this (perhaps by 2H16 the market and the economy will begin a decent growth path again) and believe a lot of central […]
Read More →Thai Manufacturing Production Index (MPI) shrank 3.6%YoY in September. Capacity utilization rate was at 58.83% compared to 60.97% during the same period last year, according to the Office of Industrial Economics (OIE). (IQ Biz, 30/10/15) Thailand’s inflation remained on the downward trend in October, contracting 0.77 per cent from the same period last year, according […]
Read More →The fears over an extension of the LTF seem to have finally abated as the Finance Ministry decided to extend the period for another 3 years, but with a little catch this time. In the past… The lock-up period for investment in LTFs has been extended from the previous five calendar years to the date […]
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