Research on Thai Markets in general and the SET Index
The BOT held its last MPC Meeting on the 28th November 2012 and unanimously voted to maintain the 2.75% policy rate for the following reasons: 1) The world economy is more stable with recovery signs reflected in the US and Chinese economic numbers for October that have beaten market estimates, especially in the US property […]
Read More →The SET has been facing a slow month, 3Q12 earnings have all been released and there’s nothing new on the horizon locally (other than political noise) so in all honesty I expect nothing much to change for the broader market, the years finished, investors have made fantastic returns this year, I see a lot of […]
Read More →Notable Transactions: Buy(s): CPF – Vice President and Board member accumulates additional shares RS – This piqued my curiousity, THB 300 mn purchase by the owner SIRI – The president simply transfers shares into his own name Sell(s): BGH – President offloads THB 100 mn PSAAP – Director offloads a clean THB 40 mn SPI – […]
Read More →Positives: Thailands October Car exports hits another record high 98,284 units, up 79.71% on the same month last year, and an increase of 0.02% over September China’s HSBC Nov preliminary mfr’g PMI rises to 50.4 v 49.5, above 50 for 1st time since Oct ’111 Euro zone mfr’g/services index holds steady at 45.8 vs 45.7 in […]
Read More →Its that time of the year, post 3Q12 results when Thai public companies come to the Stock Exchange of Thailand to talk about their businesses and results for the past quarter and expectations going forward, I highly suggest that if you’re in Thailand or even within the region that you come just for a day […]
Read More →Just out last night, see below for a quick summary MSCI Global Standard Indices # of Thai Additions: 4 Companies: Airports of Thailand (AOT) Bangkok Dusit Medical Services (BGH) Central Pattana (CPN) Siam Makro (MAKRO) MSCI Global Small Cap Indices # of thai co’s in/out: 9/(5) Companies: +Bangkok Aviation Fuel Services (BAFS) +Golden land (GOLD) […]
Read More →With the 3G story over the telco sector has been hit down 4% last week thus preventing the market from being able to remain above 1,300. As nearly every large cap has already announced their 3Q12 earnings there just doesn’t seem any key factors locally nor globally that could push markets up further, while I’m […]
Read More →De-leveraging sucks for stocks, the economy, consumer spending etc etc, unless global central banks print gazillions of dollars 🙂 The credit impulses in all three major economies – the euro area, the U.S. and China – are now negative, albeit very slightly in the case of China. This is the first time in three years […]
Read More →Earnings season here continues until the 15th November but given that the majority of the major companies have already announced their earnings I thought it would be best to summarise the results thus far. 9M12 vs 9M11 the top 3 sectors were for net profit growth: Home office Products +160% Food & Beverage +128% Tourism […]
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