Research on Thai Markets in general and the SET Index
So its finally approved for 2013 and 2014, less personal income taxes, so the numbers look like so Source: Bangkok Post This is wonderful for us tax payers, I don’t think it will have a big impact on the overall government’s revenue collection b/c there are only some 3 mn (?) actual personal income tax […]
Read More →The most interesting development over the past month has been the decline in telco’s once the darling for the market it now no longer appears to be the case, and also the recovery of the food sector Â
Read More →3Q13 results for publicly listed Thai companies were all due by 14th November and analysts around Thailand and whoever covers Thai companies have been busy. What we’ve seen thus far on a general basis are the following: Minimum wage increase is still having an impact on manufacturing based co’s or any co’s that have low […]
Read More →Nope not my thoughts, instead these come from Byron Wein of Blackstone and there are several points within his commentary in regards to margin pressures in the US, Europe’s valuation and Japan’s Abe-economics, see below for a snippet and the link for the full article. I established three new categories, long-only United States and long-only […]
Read More →Krugman’s latest piece over at the NYT draws the comparison of Europe’s recovery since the ’08 GFC versus the Great Depression, and yes its rubbish in comparative terms. So the bulls will say “hey at least things are getting better” whilst the bears will counter “but it’s still awful considering the xx.xx billions of euro’s […]
Read More →Thailand Domestic rice prices in free fall — The government’s delay in paying farmers for rice earmarked for the pledging scheme has resulted in declining domestic paddy prices, say traders. The average local paddy price is now only Bt6,500-6,000 a tonne, far lower than the Bt15,000 offered by the government. (Bangkok Post, 11/11/13) Senators shoot […]
Read More →Well Politics politics politics were the main news for the past week, however point your eyes to how the telecom sector has been performing, average numbers from ADVANC has hurt the sector badly and given that’s one of the largest sectors on the SET, it may continue to be a drag on any market rally. […]
Read More →And its all done! Preah Vihear belongs to Cambodia as everyone had expected, the Senate kicked out the Amnesty Bill with a 140-0 vote. What else are they going to stay on the streets for now? To kick the government out and have a snap election? Please democrats you’re still going to lose. Red shirts […]
Read More →@10 AM The senate meets! Either they will accept the bill or chuck it out the window and then we have @4pm the Preah Vihear dispute and then we have a 6PM deadline set the Democrat’s rally for the the government to annul the amnesty bill. In the meantime more anti-amnesty and anti-gov folks will […]
Read More →Politics – This is the first time I’ve seen so many white collar folks actually join in protests, Mr. T your respect is waning rather quickly, perhaps he should be less dictatorial in pushing things through parliament Politics – CP Group had been telling their staff to take the day off and to go and […]
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