Management Trades 22.10.12 to 26.10.12
Fairly quiet week in terms of transactions, with only a big sell (THB 37mn) from a director of Preuksa Real Estate (PS)
Read More →Category: Market
Research on Thai Markets in general and the SET Index
Sector Update 22.10.12 to 26.10.12
Bank earnings are out and the sector had profit taking in the past week, same goes for telco’s post the 3G auction its been a sell on fact for most market participants. Combine all this with continued rubbish economic news out of Europe (its going to go on and on and on and on for […]
Read More →Management Trades 15.10.12 to 19.10.12
Notable Transactions Buy(s): BLAND – K. Anant is still accumulating shares! This run up is nowhere near finished. Sell(s): ERW – Hmmm ERW is a stock/company I’ve liked for a while and to see one of the founding family members sell off a portion is a slightly disconcerting (especially after analysts began writing about it […]
Read More →Sector Update 15.10.12 to 19.10.12
The agriculture sector has made a good comeback this month, reason why? CPF mainly, it was oversold over the past 2 months b/c of commodity price issues (which have proven to be temp) and I’m hoping for it to continue 🙂 As for the market as a whole, flattish month but still up 0.7%, earnings […]
Read More →BOT Governor flip flops
Well then, first on the 14th of this month the BOT Governor comes out publicly saying “Thailand doesn’t need an interest- rate cut as credit growth is accelerating and domestic demand is countering a slowdown in exports, central bank Governor Prasarn Trairatvorakul said.” Source: Bloomberg And then on the 18th of this month, the BOT […]
Read More →Earnings earnings earnings!!
3Q12 earnings seasons is upon us! And banks have already come out with their numbers, most have done quite well, no real surprise given their income tax costs drop from 30 to 23%, except for TCAP which was down 27% QoQ b/c of increased provisions (quite a surprise). Expect to see a summary of all […]
Read More →Tabacco & alcohol drives inflation higher
Thailand’s inflation had quite a jump in September on the back of increases in electricity fee’s for households, increased tabacco & alcohol taxes, and oddly vegetable and fruits had the highest jump amongst all segments within the CPI. So what? Well the rumours of the BOT cutting interest rates later this year may finally dissipate thus […]
Read More →Management Trades 01.10.12 to 05.10.12
There weren’t any notable transactions to note of in the past week, although the number of company management that are selling their shares have continued to increase in line with the market’s rise. Notable Transactions: Buy(s): N/A Sell(s): N/A Source: SET
Read More →Sector Update 01.10.12 – 05.10.12
The past week saw the agri sector recover helping the market stay lofty and pushing through 1,300 for the first time in 16 years. Â With all the major central banks in the world having already announced their liquidity measures, I don’t see any major risks on the horizon.
Read More →