Research on Thai Markets in general and the SET Index
So this came across our desks this morning that the government has proposed a National Reform Council , scroll below for the details. Random thoughts time, now doesn’t this make more sense versus a “People’s council†that Suthep and the protestors support? Remember Suthep says the Peoples Council will have gooooooooooooooooood people incharge of the […]
Read More →So last week the news out of the Fed meeting was that they would reduce its monthy bond purchases to USD 75 bn from USD 85 bn. Bernanke retires @ the end of January and Yellen then takes over, whats the Fed policy likely to be going forward? See below…
Read More →The same stories continues, food rebounding, telco’s down, protestors taking to the streets Â
Read More →I think we are all getting a bit tired of the politics here and talking about it. Will the election go ahead now or not seems to be the next question, meh, I don’t know, the best comment I’ve had this week about the protesters is how they resemble the Tea Party in the US […]
Read More →All the news and data points towards the world doing marvelously well and Thailand bickering like children Thailand ADB and World Banks downgrade short term economic outlook for Thailand. GDP forecasts by both is 2.9%, with outlook for next year at risk, mainly on political concerns. (Kom Chad Leuk, 16/12/13) Election policies are key to […]
Read More →I’m tired of writing about politics, instead look @ how the agro sector has done over the past few months versus the tech sector, we postulated perhaps the end of telcos and a switch to food a few months back (pat on the back) and we don’t see it finishing anytime soon, telcos are in […]
Read More →The clever folks at Asia Plus Securities put this out earlier in the week showing what foreign investors have been selling in Thailand during the month of November. And the damage is clear to see, telco’s especially ADVANC are being hurt badly followed by the banks, why? We hypothesize that well both sectors are overvalued, […]
Read More →Well Money & Banking came out with their latest analysis showing the top wealthiest investors/families in Thailand and here’s the list below. Source: Bangkok Post What catches our eyes other than BGH yielding two of the wealthiest investors in Thailand (#1 and #6), are firstly, how JAS’s owner got into the top 10, we’ve gone […]
Read More →Thailand Outlook for 2014 economy varies, uncertainty over new govt, budget spending clouds growth forecast – Bank of Thailand Governor Prasarn Trairatvorakul acknowledged yesterday that if a new government is not formed next year, economic expansion could be affected to a certain degree, as the government remains a key driver of the economy through spending […]
Read More →Well politics and foreign fund selling of the region continue, plus as we’ve stated for the longest time this year, valuations still are highish
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