Research on Thai Markets in general and the SET Index
“It takes little experience in the investment business to realize that investors prefer good news.” And there is a lot more in this quarter’s latest paper where they cover everything from the US Economy to Emerging Markets, see below for some snippets & the link to the rest of the letter:
Read More →And the top 10 wealthiest list is out for the year with Prasert of BDMS and BA still holding the top spot, interesting to see that MK Restaurant group has been able to breach the top 10. Source: Bangkok Post
Read More →Japan October machinery orders unexpectedly climb — Core machinery orders in the world’s third-biggest economy jumped 10.7 per cent in October from the month prior, widely beating estimates for a 1.5 per cent decline. That comes on the back of a 7.5 per cent rise in September. (Financial Times, 9/12/15) Eurozone GDP expanded 0.3% in […]
Read More →Well the story remains the same foreign investors continued to sell the market in November, albeit at a much slower pace, my fear of the prop desks selling their THB 10 bn of purchased shares have come true as well, so what’s left? Well we shall see how much strength retail investors continue to have […]
Read More →The market continues to get weaker and weaker towards the end of the year, why? Well earnings have been rubbish and there’s a fear that the major telco’s won’t be able to maintain their high dividend payouts, it is interesting to see that the service sector has held itself up this past year.
Read More →Deal to sell rice, rubber to China — Thailand and China today signed a memorandum of understanding on agricultural products, which involves the sale of rice and rubber to Chinese companies. The MoU for agricultural crops was signed on the same day that the Transport Ministry and China signed an MoU to confirm their commitment […]
Read More →So this is the article that for some reason was not published in the NY Times that is distributed in Thailand.  I do not think there’s anything overly harmful in the piece hence why I don’t have an issue posting it here, see below for some snippets and my waffling… By no means is Thailand lifeless. […]
Read More →-9% in local currency terms for the year, why? Well everything appears to have been sold off in the past month especially telco’s as a result of the higher 4G prices which has knocked some 20% off advanc’s share price, true and dtac weren’t spared either, and interestingly the only bright spot thus far this […]
Read More →Bt2.1-trillion motorway plans likely to have multiplier effect on economy — THE Department of Highways yesterday revealed its new Bt2.1-trillion 20-year plan to develop the motorway network, expecting these investments to have a multiplier effect by more than two times worth Bt5.7 trillion for the economy. (Bangkok Post, 24/11/15) Farm unemployment bucks generally positive trend […]
Read More →Effective at the end of this month (30 November), Thailand’s MSCI weighting will be cut from 2.23% to 2.16%, so don’t be surprised to see the major names (energy, banks and telcos) have selling this week and next
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