Research on Thai Markets in general and the SET Index
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 […]
Read More →Small caps, mid caps, love them there are always opportunities to be found like a pig hunting for truffles. Â Mobius put a nice little paper sharing his team’s viewpoints on SMIDs in the region, here are some snippets and a link to the rest of the article. Small caps generally have low foreign ownership levels […]
Read More →The market feels like it’s ready to go on a holiday with profits being taken from the rebound last month and the only thing keeping investors awake are locally 1) 4G and mega infrastructures and internationally 2) Will job numbers in the US allow the Fed to increase rates this year.
Read More →Quite an interesting study made by McKinsey on the impact of sharebuybacks on future growth, and they came to the conclusion that (as it should) makes some sense. The types of industries that are making up the US Stock markets have changed over the past few decades. Here are some snippets and a link to the […]
Read More →The stimulus budget of Bt14.6bn (soft loans, village fund, SME loans and home loans) is expected to be spent this year. The Government Housing Bank’s ability to extend home loans depends on its board because the MoF does not have the authority to increase its loan ceiling. The MoF permanent secretary expects GDP growth of […]
Read More →In what was a shortened week the market continued its rather impressive rally for the month with the SET up 5% led mainly by resources and financials. Can it continue? Who knows….will oil prices recover to 60, 70, 80? If so yes, will financials finally show some strong #’s….depends upon the economy, these coming weeks […]
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