Research on Thai Markets in general and the SET Index
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 […]
Read More →State budget disbursements for FY2016 hit Bt1.05 trillion, ahead of last year’s levels — Government budget disbursements for fiscal 2016 – already reaching Bt1.05 trillion as of last Friday – are running ahead of last year because state agencies have made timely preparations for their procurement and hiring. (The Nation, 3/2/16) Japanese investors want Thailand […]
Read More →There’s something wonderful about the month of February, not only is it the Chinese New Year celebration period but this month…there are no planned announcements by any of the major central banks…so expect a month filled of rumours, market moving events, and perhaps some fundamentals…..
Read More →It’s been yet another interesting week with these four key points dominating the discussion and the movement in the market. Before we get started a proper random thought: Why do dentists ask you questions whilst they are drilling your teeth and expect an response? Japan’s Central bank has now come out with its umpteenth arrow […]
Read More →Mega-projects to be underway by midyear — The government will make an effort to get going on its mega-projects this first quarter, or by no later than midyear, said Somkid Jatusripitak, the deputy prime minister in charge of economic affairs. “We expect to disburse a total of Bt66.8 billion from the investment budget this year,” […]
Read More →The market has pulled back slightly in line with oil prices and with very limited foreign selling. What’s next ? Well the Fed is supposedly going to announce a few things this week, I expect for China to be stricter with its currency and that should alleviate concerns and with the dividend yield of the […]
Read More →DoubleLine has come out with their latest quarterly commentary and given that they are the largest bond house in the world is worth a read. In the quarterly letter a lot spoken is things that we already know i.e. USD strength, China etc..but it’s just interesting to note their viewpoints on high yield debt, other […]
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