Research on Thai Markets in general and the SET Index
It has been a long time since we’ve seen so many green bars for sectors on the SET. Earnings season finishes today and it has be o-k so far. I’m still curious to see how this constitutional draft well be completed…
Read More →Humour Would you believe it if I said that Thailand is the second best performing market in Asia this year? Nearly +4.5% in USD terms Airlines Nok Let’s start with Nok Airways, it appears that ever since its ludicrously expensive IPO Â no one has been a believer in Nok Airways, perhaps its the way that […]
Read More →January export value slides by 8.9% — JANUARY’S export value continued contracting by 8.9 per cent to US$15.71 billion on the same global factors – slumping demand and rock-bottom crude-oil prices. (The Nation, 26/2/16) Household debt expected to remain above 80% of GDP — THE LEVEL of household debt this year is expected to continue […]
Read More →Would you believe it if I said Thailand is the 2nd best performing equity market in Asia? Well its true! Just after Indonesia and in both USD and local currency terms. Â Has all the bad news been priced in? Is it now time to start dreaming again? Or are we going to be experiencing further […]
Read More →The market was unable to hold unto gains last week, albeit they were mainly driven by prop traders (charts to come later) and thus should be of no surprise. What should we focus on this week? Well more earnings are coming out so that should give us an opportunity to see how some sectors had […]
Read More →MSCI The latest changes from MSCI has been announced and for Thailand there is only 1 movement MSCI GLOBAL STANDARD INDICES Additions:     None Deletions:     None MSCI GLOBAL SMALL CAP INDEXES Additions:     None Deletions:     KTIS BIGC & BJC So it looks like Charoen is going to use BJC to […]
Read More →TCC Group signs Bt123 bn deal for Big C stake — Charoen Sirivadhanabhakdi, one of top Thai richest, has stepped into the Thai retail market through the acquisition of Big C Supercentre. France’s retailer, Casino Group, has announced the signing of a contract to sell its stake in Big C Supercentre for 3.1 billion euro […]
Read More →It looks like our darling Prayuth was correct when he said Thailand’s happiness was @ 99.99999999999999999% Jokes aside, this is a decent snapshot indicator of unemployment and inflation. Source: Bloomberg
Read More →With the headache of the both oil prices and 4G finally taking a break the market received a bit of a breather and actually recovered slightly. The next few weeks are going to be rather hectic because earnings seasons for the rest of the names are coming and we’re rather curious to see how the […]
Read More →Telco’s This week we were blessed with the earnings results of both dtac and advanc, both telling very different stories. Here’s some quick thoughts The sector – A massive clusterf**k at the moment, no bank seems willing to back JAS, even though they continually say in public that they’ll pay, but….their balance sheet is too […]
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