Research on Thai Markets in general and the SET Index
As I’m finishing to write the August client letter I’ve noted that there really are only 4 key events to look for and depending upon which way the outcome is could in the Short term either very positively affect the markets or very negatively. Will European politicians agree to hold hands and deal with the crises there […]
Read More →I commented earlier this week that I have an unnatural fear for the month of September as because its the month which I always travel overseas and there has always been a negative event in September since 2007 that rocks the markets badly. Given that the SET has just fallen some 2% over the past […]
Read More →Paper & Printing Materials! Eh?! But its true Paper & Printing Materials grew 213% YoY and 84% QoQ, only two companies are TCP and UTP are listed within the sector and off the top of my head I have no idea how this came to be. The worst performing sectors were anything commodity related (Energy, […]
Read More →Notable Transactions: Buys: NMG – Several of the directors purchase stakes in the company SIRI – We’ve stated here many times already, he’s looking for his stock price to go up up b/c of cost slashing (hint hint: less siphoning) Sells: AQUA – I have no idea what this company does, can’t find out but […]
Read More →Ok first the figures: The Ministry of Commerce reported March inflation at 3.45% YoY, increasing from 3.35%YoY in February. On a monthly basis, the March CPI surged for a third month by 0.59% MoM. The key inflation drivers remained the food and energy categories; as food and beverage prices (33% of the CPI basket) increased […]
Read More →Latest thoughts on the market from our chartist Ploy! The SET slightly breached above the barrier at 1,190-1,200 ( which was given here last week) yesterday. It is likely that the SET may continue its rally, heading up towards 1,231-1,235 by late this month to Songkran festival. The supports are now at 1,174-1,170 and 1,160. […]
Read More →Notable transactions: BGH – The President is still buying shares, who knew his pockets were so deep or does he have funding for this? KBANK – A director and family member buys THB 40 mn worth of shares. Raimon – Management is buying up in expectations of fantastic earnings this year when they transfer The […]
Read More →The SET is up 13.6% for the year, same story as last week, purely liquidity liquidity and liquidity. It’ll be interesting to see how the market will perform in March/April when dividends are being paid out. Industrials are showing their first signs of profit-taking since their rebound from the flood crisis.
Read More →The clever folks at Thanachart put out a summary of the 4Q11 and 2011 results. 2011 was really the year of telco’s in Thailand with DTAC and ADVANC performing very strongly. No surprise that the electronics and insurance co’s had a horrid 2011 b/c of the floods in late 4Q11. Now just steer your eyes further down […]
Read More →Latest thoughts from our resident chartist Ploy! Nothing has been changed much while the market is testing its Previous High. The US Dollar index is stalling at the X-support, as shown in the chart below. We have to wait and see whether the index can make a strong rebound from the support. Key resistance is […]
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