Research on Thai Markets in general and the SET Index
With the (military) government rapidly selling the inventory that the Yingluck government had stored because of falling rice prices, international research agencies  expect for Thailand to resume its position as the #1 rice exporter globally by next year. Top global rice exporters (in thousand metric tons) 2013/14 2014/15 Thailand 9,000 10,041 India 10,000 8,388 Vietnam […]
Read More →According to Alcoa’s latest earnings report yesterday (8th Oct) things around the world still appear to be doing fine with the usual caveat for Europe. Source: Alcoa
Read More →The market wobbled last week for the first time in many months and the question on a lot of people’s minds is whether or not this is a head fake, or a sign of a continued downtrend. On the bull side – we still have a lot of money that is going to be spent […]
Read More →Reporters at Bloomberg put together a wonderful article on the current political ongoings in Thailand and the role of the army, see below for a few snippets and a link to the full article “If you look at Thai history, the head of the army is the main key position, but that changed with the […]
Read More →Mr Chanitr said market capitalisation from new IPO securities could beat the SET’s target of 210 billion baht. So far, 190 billion baht in market capitalisation has been added to the two markets from newly listed securities. Here are the facts: IPO’S YTD: 28 on both the MAI & SET worth THB 140 bn (10 […]
Read More →Thailand UTCC: September Consumer Confidence Index fell to 79.2, from 80.1 in August. This was the first decline in 5 months. (Post Today, 03/10/14) Govt stimulus to back 2% GDP growth: Sommai – Finance Minister Sommai Phasee has expressed confidence that the government’s three-month stimulus package will result in gross domestic product growing 2% this […]
Read More →There hasn’t been much news driving the markets other than the expected downgrade of Thailand’s GDP growth to +2% from its 3-4% expectations (which were absurd to begin with), going forward this week we’ll see more economic reports in regards to exports and inflation but all in all not much else.
Read More →Thailand Dept. of Trade Promotion plan to promote trade and exports to reach the growth target of 4% in 2015 set by the government. The plan will see the department adding over 400 local products to its lists of goods that it will promote. (Thai Post, 26/09/14) ADB bullish on Thailand – The Asian Development […]
Read More →While even I at times argue that the SET is expensive and that there are a lot of names that are trading at silly valuations, it is important to look properly into individual names instead of just saying that the entire market is expensive. Here, despite, the context in the article pointing to the fact […]
Read More →The market continues on its relentless climb for the year with essentially all sectors ex services to be up for the month. This week there isn’t much in the news other than the government planning to spend THB 10 bn in FY2014 on the water projects.
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