Research on Thai Markets in general and the SET Index
The latest cabinet reshuffle has quite a few interesting changes, some expected, some a pleasant surprise, others meh. Firstly the expected – Somkid in charge as a deputy PM – a positive given he “should” know something about how to boost an economy given his performance under Thaksin’s first term Pleasant Surprise(s) – Apisak Tantivorawong […]
Read More →Thailand Post performance in first half exceeds expectations – Thailand Post Co reported higher-than-expected revenue and profit in the first six months of Bt11 billion and Bt1.3 billion respectively, thanks to the rapid growth of its delivery service to serve the booming e-commerce sector. (The Nation,15/8/15) B3.4 trillion for projects over 8 years – The government has earmarked […]
Read More →The Thai market continues to wobble and is down close to 6% for the year in local currency terms, why? Last week the news was all China china china, oh and the continuing fact that Thailand’s economy isn’t performing well.
Read More →Survey: Capacity at 55% in H1 – The weak global economy has led to declining orders from overseas importers, forcing Thai industries to cut their production capacity and overtime payments to employees, reports the Employers’ Confederation of Thai Trade and Industry (EconThai). EconThai’s survey showed overtime payments in the first half of this year dropped by 21.1% because of […]
Read More →The evil chinese are devaluing their currency to ruin the world! Right…that’s the headline I’ve been reading the past few days, and this is the only chart that I care about at the moment. And these quotes from El Erian China is now following a path that many other advanced and emerging economies have been attempting […]
Read More →The image below does explain a lot in terms where FDI is going within the region, for the 2nd largest economy in ASEAN, Thailand hasn’t been able to attract the #’s that one would expect, I wouldn’t be surprised in 5 years to see Vietnam attracting far more capital than Thailand. Source: Bangkok Post
Read More →Another paper out by Bill Gross 10 days ago also with rather negative overtures towards the markets and the debt levels/interest rates, here are some snippets and a link to the full piece. Draghi’s ECB and the Merkel controlled EZ ascribe to the old theory of “Feed a fever, starve a cold†– the “fever†[…]
Read More →The market has continued to get weaker in the past week for the same reasons 1) Weaker THB 2) Continued weakening economy etc etc, now another thought has entered into my mind, historically the USD gets weaker after the first rate hike for a few months, should we expect this to happen will SE Asian […]
Read More →The opportunity days are back! Starting today you can begin to look go and listen to the owners/CEOs/Presidents’ of listed companies talk about their latest earnings or even stream them online. My analyst just reminded me, the schedule may change from day to day so you’ll have to continually check the SET website. Enjoy! […]
Read More →So there’s been a lot of news regarding a potential Cabinet reshuffle that has several people excited, here are some of the possible options Timeline:  Early Aug, the reshuffle could take place, according to Nation newspaper mentioning a source from Government House. Somkid – Industry Minister – Somkid Jatusripitak, a former Finance Minister in the Thaksin […]
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