Research on Thai Markets in general and the SET Index
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 […]
Read More →The worst performing sector this year has been the financials followed by consumer products. Now the question is should, should the economy turnaround next year or in the next few years, and should NPL’s and provisions not be as severe as some may imagine, would they be a decent buy @ the levels?
Read More →Just after I posted last week’s discussion w/ the smartest men in Thailand piece I was sent the last column by Byron Wien’s w/ his discussion with the smartest man in Europe, here’s a snippet below and a link to the rest, as usual its a must read. For the past fifteen years I have […]
Read More →Thailand Credit card spending up in May – According to the Bank of Thailand, credit card spending in May rose by 6.8% YoY to Bt130bn. Cash advances increased 8.8%, reflecting tightening liquidity among credit card holders. (Post Today, 14/7/15) UTCC: Exports to slump 3.8%, Negative factors will drag down shipments – Thailand’s exports are expected […]
Read More →I look at Myanmar with a great deal of curiousity, the question in my mind are IF they are able to start their exchange what impact will that have on Singapore and Thailand’s ability to attract companies doing business there to list on their respective exchanges? Which brokers in the region are active in pursuing […]
Read More →The market rallied slightly at the end of the week but purely on local institutional buying. This week there isn’t much to look forward to, although I am curious to see how financials earnings have been in the 2q.
Read More →As a hat tip to Byron Wien’s annual opinion piece on his discussion with the Smartest Man in Europe, here’s my amateurish attempt. Every week I try to meet people either in the industry or outside the industry to just share thoughts on the developments in Thailand, the region, the world and w/o naming any […]
Read More →