Category: Market
Research on Thai Markets in general and the SET Index
Sector Update 23/06 – 27/06
The past week (and all news going forward for the next few months) is still around the NCPO. Last week it was fairly quiet in terms of news, however over the weekend they gave a clear timetable about an interim constitution to be announced next month allowing an interim legislature & Cabinet to begin governing […]
Read More →What happened this week 23/06 – 27/06
Thailand Rush on to bring down trade barriers – ASEAN member states have urged one another to eliminate barriers on some sensitive products after almost 100% of goods already have zero tariffs, in order to encourage more trade within the region, according to the Thai Commerce Ministry’s Trade Negotiations Department. (Bangkok Post, 26/06/14) Permanent secretary […]
Read More →The Western World waggles its finger at Thailand
Thailand, Thailand, you’ve been a naughty boy, being an undemocratic country in today’s world is unfathomable in our eyes so we shall punish you, by waggling our finger. Do you think the General is going …nope neither did I. Thailand already has sanctions imposed on military cooperation by the US and Australia since the coup […]
Read More →Sector Update 16/06 – 20/06
It’s coming to the end of 1H14 (how time flies) and for the past week most investors, including us, are expecting the usual “window dressing” period from Asset Management firms. There are two government issues still outstanding in regards to what will happen to telecoms in the short term and how quickly the THB 2.4 […]
Read More →Random Thoughts: Is the military making people happy?
Seeing the military create songs, dances, pretty girls, give out free movies to the masses, free world cup football, it all starts to feel a bit Orwellian “…football, beer and above all, gambling filled up the horizon of their minds. To keep them in control was not difficult.†– George Orwell, 1984  Thus far […]
Read More →What happened this week 16/06 – 20/06
Thailand Technical recession ‘unlikely’ – The economy is not expected to enter a technical recession since economic activity picked up in the second quarter compared with the first quarter’s dismal growth, says a senior Bank of Thailand official. (Bangkok Post, 20/06/14) Foreign chambers hold talks with Prayuth – The Joint Foreign Chambers of Commerce in […]
Read More →BAAC completes rice payments
With rice payments completed the next steps are fairly straightforward NPL’s will decrease – Yay for finco’s Motorcycle sales will increase – Yay for motorcycle manufacturers/suppliers/leasing co’s Sales of White Goods will increase – Yay for retailers/finco’s Agricultural machinery sales will increase – Yay for manufacturers/suppliers/leasing BAAC president Luck Wajananawat said the bank had distributed […]
Read More →Big boys worried about valuations
With the market performing fantastically on a YTD basis and not to badly on a 12 month basis either versus the rest of the region. Now this article from Bloomberg explains quite clearly why market declines in the SET have recovered quickly, local institutions have cash, lots of it, not just the SSO but every Asset […]
Read More →Sector Update 09/06 – 13/06
Now we don’t have a curfew and traffic levels have picked up, bars and clubs look full again, life, as it appears continue to return to “normal” levels.
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