Category: Market
Research on Thai Markets in general and the SET Index
What’s going on with oil?
I’ve been asked this question a couple of times in the past week and the best answers I could think of was 1) Well the USD has gotten stronger 2) Alternative Energy/Shale may finally be having an impact 3) *Conspiracy theory* The Saudis are either listening to the US to hurt Russia or decided they […]
Read More →Thailand is the best place to get a nose job…wait what?
Bloomberg came out with an article titled “Reports of Thailand’s Revival Are Greatly Exaggerated”, source link below, basically stating what most people already know that this year economically Thailand hasn’t performed well at all, which isn’t a surprise given how things have unfolded in the past 18 months. My own viewpoint is that 2015/16 will […]
Read More →What happened this week 24/11 – 28/11
Thailand Oct GDP ‘presages better Q4’ – The economy last month – the first in the fourth quarter – revived as targeted and this quarter should be better than the third thanks to the expected improvements in all sectors, according to the Fiscal Policy Office. (The Nation, 28/11/14) Thailand, Vietnam set US15bn trade target – […]
Read More →LTF gets go-ahead with tweaks
The speculation on whether or not the LTF scheme would be extended had some traders nervous, now the latest news is that the Finance Ministry would extend it for another 10 years. I do like the LTF scheme as it has helped with liquidity in the market and does force people to save $ for […]
Read More →Market Update 17/11 – 21/11
Foreign buyers are still coming into the market and everyone is looking forward to LTF’s and RMF’s buying next month to keep the market buoyant – why people don’t just buy the LTFs monthly doesn’t make sense to me. China also just joined the printing money, keeping interest rates low central bank model with its […]
Read More →What happened this week 17/11 – 21/11
Thailand The private sector expects the economy to post an upturn next year and plans to ramp up investment and business acquisition ahead. The private sector also supports the state’s idea of a VAT increase as it believe the this will help increase competition and push Thai businesses to expand abroad. (Bangkokbiznews, 21/11/14) Prime Minister […]
Read More →GMO’s Jeremy Grantham hopes for a bubble then a crash
GMO’s latest quarterly letter is out and as usual it is a must read with several points covering the markets, valuations, asset classes and outlook. Here’s a small tidbit below and a link to the letter. My personal fond hope and expectation is still for a market that runs deep into bubble territory (which starts, […]
Read More →Tiger Economy Loses Its Roar as Thailand’s Exports Slump
The continued decrease in Thai exports doesn’t come as surprise for the following reasons: Soft commodity prices have declined (remember rice and rubber?) As a result of the 2011 floods, several manufacturers took their insurance payouts and shut down business Thailand’s major electronics export was Hard Disk Drives – Well we’re all one smart phones/tables/computer […]
Read More →Market Update 10/11 – 14/11
Last week, foreign investors continued net buying in the Thai stock market for a 3rd day by +Bt73mn but returned to net selling bonds by -Bt707mn and continued net shorts in Index Futures for a 2nd day by 1,911 contracts. Today we major factor is the Thai 3Q14 GDP result, which  Bloomberg consensus expects the […]
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