Research on Thai Markets in general and the SET Index
Whats the news going to be this week? Well 3Q15 is over, financials will begin to announce their financial performance followed by every other industry/company in the market in the coming 30 days, it’s going to be a hectic fun period, but I doubt that there’ll be many positive growth stories and am expecting to […]
Read More →Given that last week’s email didn’t go out, here’s the link to last week’s Random Thoughts: ADVANC, Pattaya/Utapao, Indonesia Property Stimulus: While I doubt there will be a huge positive impact from this stimulus measure, it’s still worth noting a few things: The cabinet has approved property stimulus measures to help boost the economy. Some […]
Read More →4G auctions set to generate B1.3tn – The imminent fourth generation (4G) spectrum auctions could stimulate direct and indirect investment valued at 1.3 trillion baht over the next five years. (Bangkok Post, 13/10/15) Tris Rating downbeat on GDP growth prospects next year – Thailand’s economy will expand between 2.5% and 3% next year, says Tris […]
Read More →Thailand exports are continuing to decline, some say this is a function of the declining growth of countries receiving the goods or that the value of the goods being exported are continuing to decline. To us its a combination of both Average selling price of soft commodities are some 50% lower from their peaks […]
Read More →The thai market (along with the rest of the region) has experienced a nice recovery rally on the back of … delayed fed interest rate hikes? Well why not? In the meantime we are still facing the same story of sluggish economic growth, infrastructure projects likely to arrive shortly and potential elections in 2017.
Read More →In the past week you’ve seen ADVANC drop into the 210’s only to rebound back to 230’s levels – why? Well its the usual noise between a government and a private operator where concessions are in play, its standard for any emerging country to have these issues. So what were the headlines that drove the […]
Read More →This has been on my mind of for the past few years, that yes the world is slightly different and companies are different from how they were 20-30 years ago and perhaps that the historical valuations in terms of PE’s and other methodologies may not necessary apply. Then to my wonderful surprise Morgan Stanley’s chief […]
Read More →BOJ goal pinched further as Japan firms cut inflation forecasts – Japanese companies expect consumer prices to rise 1.2 percent in the next one year, the Bank of Japan said Friday, less than the 1.4 percent annual rise predicted in the central bank’s previous June survey and below its 2 percent inflation target. (Kyodo, 2/10/15) […]
Read More →The fallout from SSI has hurt SCB in more ways than they care to admit, they’ve had to sell off assets throughout Thailand and overseas, one  which caught a lot of traders eyes when there was a huge block transaction with SCC shares. SCB’s current CEO K. Arthid said “We sold all our holding in Siam […]
Read More →Govt backs off for now from single Internet gateway idea – ICT minister rules out infringement on the right to privacy after online attacks on state websites. The government has partly retreated from its controversial plan to merge the country’s Internet connections into a single gateway after widespread criticism and heavy pressure from netizens. (The […]
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