Research on Thai Markets in general and the SET Index
The market is in quite the interesting dichotomy with falling oil prices, weak bank results, a so-so gdp but with the belief of a potential recovery in the future. I have no idea how this will all unfold but I still wouldn’t be surprised to see further weakness especially given how I think the currency […]
Read More →Ahhh the wonderful quarterly letter from Jeremy Grantham of GMO, is out and it has its usual combination of wit, investment thoughts and curiousity all melded into one paper. This quarter he discusses a list of ten topics that are not positive at all for the world, but he does add in his usual but human are […]
Read More →It’s no surprise to those of us who live here that Thailand has a huge black market economy that doesn’t show up on official statistics, here are some intriguing facts: Thailand’s informal economy, the non-regulated, non-taxed part of its overall economy, made up 40.9% of the country’s GDP in 2014. Taking Schneider’s number, in money […]
Read More →A wonderful article over at Forbes that highlights the CEO’s of MNCs viewpoints on ASEAN, here’s the introductory paragraph and the link to the rest of the article In early 2015, I interviewed eight C-level executives at leading foreign multinationals as part of a KPMG sponsored report exploring the outlook for multinationals (MNCs) in ASEAN. What did […]
Read More →Note: This will be the last WHTW post including all the global news events, going forward it will just be a summary of 10 key points in total Thailand FPO still confident of 3% growth despite export woe – The decline in Thai exports is not as bad as those experienced by some of neighbouring […]
Read More →Just have a quick look @ the below table, it explains itself
Read More →In an article from Bloomberg last week, it stated how the CIO of the SSO commented on his personal blog that the market was appearing cheap, and here are the two following quotes: Tourism and commerce companies in particular offer a bargain, Win Phromphaet, the head of investment at Social Security Office, wrote in his […]
Read More →Yesterday’s market performance notwithstanding, last week was another poor week for the market with effectively every sector in the market now negative for the year and only industrials/prop/service being positive for the year. Are things going to get better anytime soon? Well we’ve been writing the same thoughts for nearly 1.5 years, the market isn’t […]
Read More →Thailand PDMO to restructure the country’s debt – The Public Debt Management Office (PDMO) is planning to restructure the country’s debt after the BoT cut the policy rate to 1.5%. The plan is to convert ST loans made by the finance ministry to longer-term loans. (Daily News, 20/7/15) Fast-track budgets urged – The government has […]
Read More →Our resident expert chartist has decided to contribute her thoughts on the recent market drop, she seems to think things may continue to decline…enjoy! I am digging for the possible downside of the SET index in this current decline. While this chart may look confusing to many, it is actually very simple. First, look at […]
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