Research on Thai Markets in general and the SET Index
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 […]
Read More →I’ve been sent this article too many times to count this past week, so here are my thoughts on it: In a series of speeches, military leader-turned-Prime Minister Prayuth has claimed the country’s declining gross domestic product is the product of his valiant corruption crackdown (and partly weak exports, too). “It’s because some people spend […]
Read More →The financial media has been all over the story that Emerging Market’s are now no longer an attractive investment destination. And how can we disagree with GDP growth declining throughout the region, fund flow into European equities and fixed income continuing to accelerate and the US Dollar continuing on its tear. When the Fed first […]
Read More →MPC keeps policy rate on hold, Weak baht seen as helpful to recovery – The Bank of Thailand’s Monetary Policy Committee (MPC) yesterday kept its policy interest rate unchanged for a second straight meeting. It believed this year’s two interest rate cuts and the baht at a six-year low were accommodative to exports and an economic recovery even […]
Read More →If you want to understand why the Thai Market is still at it’s lofty levels, have a look below. Local institutions have been doing all of the heavy lifting purchasing a net + THB 42 bn this year versus foreign investors selling -THB 43 bn, this is remarkable given that local institutions still only represent […]
Read More →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 […]
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