4Q14 and 2014 numbers were crap
I’ll let the numbers speak for themselves, and I don’t expect any improvement in 1H15 yet.
Read More →Category: Market
Research on Thai Markets in general and the SET Index
Market Update 02/03 – 06/03
The market has been see-sawing over the past 2 weeks to the downside for a few more reasons 1) BAY’s stock price continues to decline from its speculated highs 2) Earnings were mainly poor across the board for all co’s 3) Oil prices and telco’s are still not loved by the market with the continued […]
Read More →What happened this week 02/03 – 06/03
Thailand Sommai firm on land, construction tax – Finance Minister Sommai Phasee vowed yesterday that the draft land and construction tax bill would be finalised in two weeks and forwarded to the Cabinet. (The Nation, 6/3/15) Slide in consumer confidence prompts calls for rate cut – Consumer confidence continued to crumble last month, prompting a […]
Read More →Investor Movement – Feb ’15
Thoughts: Foreigners are still selling this market. Almost anyone you’ll talk to internationally does say that there isn’t any value in Thailand I never like seeing prop trading being one of the largest buyers, indicates that should there be a market downturn – all positions will be dumped Retail – Only came into in the […]
Read More →Thailand’s making less babies = poor GDP growth?
Firstly, thanks to KB for sending me this article. I’ve joked with former colleagues that the increased usage of condoms will hurt GDP in the long term (crude joke I know) but there is a definite correlation that between population growth and GDP growth (in half decently run economies). These charts from the UN were […]
Read More →Market Update 23/02 – 28/02
The market has struggled to stay above 1,600, what with oil prices still below 50, telecom’s being hurt from the postponement of 4G and the fact that most companies earnings aren’t really that strong (bank lending was negative for the first time in years). Â Going forward a few more companies still need to release their […]
Read More →Berkshire Hathaway’s 2014 Annual Letter
Bored at work this morning? Buffet’s latest annual letter is out and here are three comments I found interesting Charlie and I encourage bolt-ons, if they are sensibly-priced. (Most deals offered us aren’t.) They deploy capital in activities that fit with our existing businesses and that will be managed by our corps of expert managers. This means […]
Read More →Humour: Technical Analysis 101
Source: Dilbert
Read More →Opportunity Days are back!
Want to listen to the latest thoughts from some 100 CEO’s of listed co’s in Thailand? Then attend the SET opportunity Days which run over the next few weeks, I find its the best time to hear the latest thoughts/business plans and also the questions that retail and institutional investors ask companies. Here’s the link […]
Read More →Market Update 16/02 – 20/02
There’s been enough written on the issue of Greece receiving an additional 4 months that we need not go into it here, needless to say the Thai market barely reacted. Locally earnings are still coming daily, the energy sector thus has been the worst without surprise, most of the retailers or anything related to consumer […]
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