Research on Thai Markets in general and the SET Index
I had begun creating this index since my role as an analyst at an investment management boutique firm here in Thailand, back in 2006, demonstrating how small & mid caps (SMCs) absolutely destroy large caps over time. What we wanted to prove was that year in year out, SMC’s would constantly outperform (albeit they didn’t […]
Read More →Notable transactions: The President of Bangkok General Hospitals (BGH) bought another USD 1.5 mn (total USD3.5 mn over 2 weeks) worth of shares in the company, fyi their business model over the past few years has been to simply acquire hospitals all over Thailand. BLA has seen its owners selling out of shares over the […]
Read More →Â Notable transactions: President of Bangkok General Hospitals (BGH) bought USD 2mn worth of shares in the company, interesting, and this despite the fact its trading @ 27x trailing PE Anant Kanjanapas has been accumulating shares in BLAND for the past few years, perhaps he’s looking to finally unlock the value in the company shares.
Read More →Global rallying continuing, ECB’s promise to provide essentially unlimited amount of funding to European banks has the bears running scared and the bulls out in full force. Quite interesting to see the weaker dollar reaction to all this.
Read More →A new weekly post that we’ll start putting up here. We track daily the trades of management from public companies here in Thailand. Despite what people say, if we see management selling shares its a red flag, I don’t care if they publicly say its for personal reasons, 99/100 times it means that they think […]
Read More →Thought this would be interesting for some readers here. Thailand’s equities are very open for individual foreign investors because they are treated the same as individual thai investors in terms of taxes with zero percent capital gains tax and 10% tax on dividends. Thai taxes applicable to investors in listed companies are as outlined below:
Read More →Comments: AIS and Intuch have been keeping the market because of Intuch’s plan to sell part of its stake in AIS to Singtel, and then probably pay a massive dividend to itself (Temasek), talk about going from left pocket to right pocket. The other sectors haven’t moved much in the past week still too many […]
Read More →Latest thoughts from our resident queen chartist Ploy. She still thinks that the markets are at crossroads and that we should keep a watchful eye at the THB/USD and resistance points for the SET, DAX and DJIA. The SET enters the 10th-15th November cycle resistance with a deep plunge at opening on the 10th November. […]
Read More →A little exercise we like to perform is to see how the market has performed historically and to note if there are any trends. Especially given the fact that since the bottom in October when the market was 850, the rally was primarily driven by foreign investors and we wanted to see if there was […]
Read More →Comments: The past week has been all about the Greeks acting democratic and the flood crisis in Thailand continuing. Only two industry sectors are still positive for the year and now we finally understand why ADVANC has remained so strong as INTUCH (formerly SHIN , owned by Temasek and holds 42.5% of ADVANC) will look […]
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