Research on Thai Markets in general and the SET Index
A joke amongst friends is how if CP Group were to ever go under then SCB’s entire equity base would be wiped out. Then again that isn’t likely to happen anytime soon. Siam Commercial Bank emerged as the top banker to CP Group, controlled by Thai tycoon Dhanin Chearavanont, pocketing $40 million. Dhanin has stepped up […]
Read More →Data Source: SETSMART, Note: Dark Green - Local Investors; Yellow – Local Institutions; Blue – Prop Traders; Army Green – Foreign investors Â
Read More →The latest trend/headline that is popping up more and more often is that Vietnam is the place to be as a manufacturing base for the region because of its younger/cheaper population. And its a story I believe, Thailand, in my viewpoint is still relatively safe for the next 10 years but after that, I wouldn’t […]
Read More →Thailand Cabinet acknowledges improvements in industrial sector – The Cabinet has been informed by the Ministry of Industry of more positive trends in various industrial figures over recent months. Industry Minister Chakramon Phasukvanich also disclosed the MPI of February 2015, saying it increased 3.55 points, reaching a 23-month high. Despite a slight drop in industrial […]
Read More →Basically the beginning of April has allowed the SET to regain some of its return for the year but this was primarily on the back of recent Trigger Funds that were launched and a whole lot of prop trading inflows, with such anemic volumes and a continuing deterioration in earnings growth for this year I […]
Read More →On the coup I just don’t understand this western media, why are they portraying us as barbarians and dictators, this is ridiculous, can’t they see that the previous governments were just a bunch of corrupt inept nincompoops that were running this country into the ground with their incessant infighting, corruption, populist policies, Thailand is a […]
Read More →Thailand Better economic indicators – The Fiscal Policy Office says that Thai economic indicators in Feb improved, supported by tourism and industrial sectors. However, exports remained slow. Economic stability remained favorable with low unemployment rate. (Khao Hoon, 31/03/15) Central bank confident of rebound from spending – The economy still recovered at a slow pace in […]
Read More →If you want to understand why the Thai market is more volatile than the rest of the region, then here’s your answer, retail investors represent more than 50% of the daily value traded. In all honesty I do believe that this is a positive thing it provides more liquidity and lets face it, institutions aren’t […]
Read More →The market finished last week negative for the year on the back of multiple issues 1) Weak exports 2) Oil prices still staying low 3) Earnings have basically been poor all around 4) Issues around 4G and 5) Foreigners are still selling. As we’ve seen thus far this week, local institutions have been big buyers […]
Read More →Few things to note: Agriculture – No surprise here given how soft commodity prices are continually lower than they were 12 months. Electronics/Electrical Equipment – I doubt Thailand will see any double digit growth in this sector for the foreseeable future, since the floods in ’11 several electronics firms simply took their insurance checks and […]
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