Market update 19/01 – 23/01
Given that I’ve had such a busy month/week, all posts for this week will be summarised into a few posts
Read More →Category: Market
Research on Thai Markets in general and the SET Index
What happened this week 19/01 – 23/01
Thailand Corruption at lowest level in 5 years : survey – The corruption situation index improved to 49 points last month from 46 in June. Perceived corruption has hit the lowest level in five years, thanks to greater awareness of the problem and scrutiny by society, according to a survey by the university and the […]
Read More →Thaksin’s Shadow Looms Over Sister’s Impeachment in Thailand
The impeachment case against Yingluck, 47, who was removed from office by a court ruling days before a May putsch, is ostensibly about her handling of an allegedly graft-riddled government rice purchasing program, yet has more to do with a decade-long vendetta aimed at erasing her family’s influence from politics after victories in every national […]
Read More →Burying market forecasters
I’ve been reading Barry Ritholtz’s writings for the past 7 years and have always enjoyed his insights, this latest post in The Washington Post struck a chord for me. After being in the industry for 10 years, the first 6 years I was spewing forecasts left right and center (like every new dumb kid in […]
Read More →Thailand back to #1 in Rice exports
The facts: In 2014 Thailand exported 10.8 million tonnes of rice, an increase of +63.6% from 2013 Global rice trade is expected to hit 41.9 mn tonnes this year (last year was 41.88 mn) World’s rice consumption is 483 mn tonnes Questions from this Can you imagine how poorly the previous government managed the rice […]
Read More →Market Update 12/01 – 16/01
The only thing on people’s minds this week appears to be europe europe europe, a potential QE4 from there and people talking about the ramifications of the recent super strengthening in the Swiss franc, fun times!
Read More →What happened this week 12/01 – 16/01
Thailand Public Debt down in November – The PDMO said the country’s public debt came down Bt10.42bn to Bt5.62trn in November. (Thai Post, 10/1/15) Sommai has tax reforms top of agenda – The Finance Ministry will take another year to complete tax reforms that focus on widening the collection base, closing loopholes used to avoid […]
Read More →SEC finally clamping down on PP’s
The latest method to manipulate stocks in the past 18 months has been for dodgy companies to issue PP’s (yes yes they say its to raise capital, but just look at who the shareholders are) to large investors, which essentially provides to them a massive # of shares for them to control the demand/supply on […]
Read More →Market Update 05/01 – 09/01
A volatile start to the year with the market dropping and recovering quickly, there are several factors going on this week, we still have falling oil prices, currencies weakening/strengthening, politics and the only company related news is only bank earnings.
Read More →What happened this week 05/01 – 09/01
Thailand MOF to announce Bt10bn saving bond – The Minister of Treasury Sommai Phasee said the Finance Ministry will announce the issue of a Bt10bn savings bond today. Bt5bn will be used to repay BAAC’s debt from the rice pledging program and Bt5bn will be used to finance the 2015 fiscal budget. (Khaosod, 2/1/15) Construction […]
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