Who’s buying/selling this month?
A new feature we’ll start doing at the end of each month. Tracking and showing investors movements during the month & year. Enjoy! Note: All values THB million
Read More →Category: Market
Research on Thai Markets in general and the SET Index
What happened this week 27/10 – 31/10
Thailand More state rice sold- The government expects to deliver between 900,000 and 1mn tons from rice stocks by year-end through government-to-government contracts. (Bangkok Post, 31/10/14) FPO cuts growth forecast to 1.4% amid weak exports – The Finance Ministry’s think tank yesterday trimmed this year’s economic growth forecast to 1.4%, assuming that second-half growth comes […]
Read More →A Scary Story for Emerging Markets
John Mauldin of Mauldin Economics, put out his latest thoughts regarding the investment environment in the world today and given that the focus was on emerging markets and that Thailand is still one, this article is therefore worth sharing. He has several charts and insights on the debt issues and more importantly the potential impact […]
Read More →Market Update 20/10 – 24/10
It’s coming to 3Q14 earning seasons time, the banks were the first to release their numbers and everything has been so-so, petrochemical/energy co’s are likely to have crap #’s b/c of the decline in oil prices (inventory losses), and I doubt consumer names are going to be exciting. There’s a lot of pressure coming in […]
Read More →Europe’s banks are still #$@#$#
Remember how we were all told that Europe’s financial system is fixed? Not by the looks of the latest ECB report detailing how 25 (out of 130)Â failed the recent health test. Â So not only do we have to deal with the Fed talking this weekend, relatively high equity valuations, a struggling global economy, you can […]
Read More →What happened this week 20/10 – 24/10
Thailand The BoT suggests both importers and exporters hedge their currency risk as the direction of the baht is not clear. The BoT will also push for a direct cross exchange between the baht and the kyat to support investment in Myanmar. (Bangkok Biz, 20/10/14) The Commerce Ministry expects exports next year to grow by […]
Read More →Wait Thailand has how much gas?
There was an article in the BKK Post last week that had caught my attention, here are the facts: Thailand is running out of natural gas – “Thailand’s natural gas resources are declining as an expansion of Southeast Asia’s second-biggest economy increases demand and state energy subsidies encourage consumption. The country’s proven natural gas reserves […]
Read More →The 40% Stock Returns That Worry Aberdeen, PCCI – Bloomberg
The increase in equity valuations haven’t only been seen in Thailand, all of SE Asia has been experiencing the same phenomenm, and small cap’s in Thailand (which I love) have generally been going through roof, the majority of them pricing in growth for the next 5-10 years (who say’s thai retail investors aren’t forward looking?!). […]
Read More →Market Update 13/10 – 17/10
The Thai market has taking a beating this month along with the rest of the world, this isn’t a huge surprise given the valuation levels, a recovery that has yet to be seen (even though it is priced in yet), infrastructure spending that has been priced in (Even though that doesn’t start for another 2 […]
Read More →Credit Suisse says Thai’s wealth decrease amongst the worst
According to Credit Suisse, Thailand has had the world’s fifth-worst per-household wealth performance in the world from 2013 to 2014. The report says Thai wealth has contracted more than 7%. Only Turkey, Indonesia and the basket-case nations Argentina and Ukraine have performed worse. So what could have resulted in such a dramatic decrease? Well 2012 […]
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