LTFs FTW!
The market had a steady day until the last 30 mins, when the market shot up +1%. We presume mutual funds had to complete as much of their buying as possible before the last trading day of the year tomorrow. Fundamentals? Meh!
Read More →Category: Market
Research on Thai Markets in general and the SET Index
Sector Update 17.12.12 to 21.12.12
The market continues to rally on the back of the US fiscal policy (although now its turning the other way) and continued fund flow from LTF’s. There’s not much more time left for the year and soon enough funds/research houses will begin to talk about the “January Effect”
Read More →Sector Update – 10.12.12 to 14.12.12
Market had one helluva week with banks, services and prop leading the way, year end rally remains intact with the constant local fund flow and continued news regarding infrastructure plays.
Read More →Stocks in the news – (JAS, PTTGC, SCC, TKS) 11.12.12
JAS To cut shares on issue — JAS will submit its capital decrease issue to the board tomorrow (12 Dec) via the repurchase of 106.85mn shares. This will increase its earnings per share by Bt0.30/share based on projected profits of Bt2 bn in 2012. JAS is also a candidate to be added to the SET50 […]
Read More →Sector Update 03.12.12 to 07.12.12
The market has had a fantastic week and year, with banks recovering post a minor sell off and the tech sector bouncing back post the usual rubbish noise re 3G. Looks like the market will have a good end to what has been a great year.
Read More →What happened this past week 03.12.12 – 09.12.12
Positive(s) 1. Thai NBTC gives the go-ahead to 3G licences, and the circus is finally over! We hope… 2. US econ added +146,000 jobs in November and the unemployment rate fell to 7.7% lowest since Dec ’08 3. Australia and Canada report better than expected job gains in Nov 4. German factory orders in Oct […]
Read More →Management Trades 26.11.12 to 30.11.12
Notable Transactions Buy(s): E – Evolution capital, the Srichawala group and the founders of E recently joined up with, theres a story to be told here perhaps in later post MINT – The founder puts more weight behind his own shares SIRI – The president buys the warrant (hence the lower price), I’ve told the […]
Read More →Sector Update 26.11.12 to 30.11.12
Markets had a wonderful end to the week with the SET hitting a 16-year high at 1324.04 with strong fund flows from the MSCI portfolio rebalance as well as LTF’s (expected to continue further this month).     Â
Read More →BOT maintains its rate @ 2.75%
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 →Sector Update 19.11.12 to 23.11.12
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 […]
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