Research on Thai Markets in general and the SET Index
It’s the same story, reopening theme plus no tapering from the US Fed, wouldn’t be surprised to see the USD/THB back into the 31s. And despite their rhetoric, I put a low probability on any tapering occurring for the next 1-2 years. Watch the commodities. Watch the market share going to the big boys (effectively […]
Read More →CCSA to debate reopening plan: PM’s 120-day target ‘still within reach’. The government’s plan to reopen the country before the end of the year is seemingly still on track as Thailand’s Covid-19 outbreak is showing signs of slowing down. Bangkok Post Unemployment expected to hit 2.5%: EconThai predicts jobless rate for Q2. Thailand’s unemployment rate […]
Read More →Quarterly Calls With quarterly announcements/calls etc etc effectively over there are 2 that I always enjoy reading/listening to. Universal Robina (Philippines) A decade ago I came across this massive Filipino consumer player, Universal Robina because I was curious who was behind my favourite snack brand as a kid in Singapore, Jack n Jill. Since then […]
Read More →Just look at that YoY and even QoQ performance, not a surprise for the overall market. It’s the next 6-18 months that have me scratching my head for the overall market, certain sectors are going to continue doing well/improve i.e. energy/commodities, transports, hotels, but we won’t see such as large a jump, actually allow me […]
Read More →1 word, reopening.
Read More →Opposition targets 5 ministers, PM in no-confidence motion: The main opposition Pheu Thai Party will submit a no-confidence motion against at least five cabinet ministers to parliament, with the government’s planned procurement of 8.5 million sets of Chinese-made antigent test kits (ATK) among the issues targeted for censure. Bangkok Post Investment magnet: A new industrial […]
Read More →And so yesterday we learnt that the lockdowns are continued, surprise surprise. Now 2Q21 earnings season is finished! Though there are a million calls/videos coming up for all the investors in the markets to pay attention to … hence why there have been minimal random thoughts from me. I’ll be back on it, there’s plenty […]
Read More →Retail faces mass layoffs: Thailand’s retail market is expected to contract by 12% this year, with a million workers likely to lose their jobs if the government fails to accelerate the provision of financial aid measures to operators as well as offer domestic consumption stimulus, warns an industry body. Bangkok Post B53bn allotted for EEC […]
Read More →Note: Data as of 09/08 Have the number of “cases” officially peaked in Thailand over the weekend? Are they reporting that more people are being released from hospitals/hospitels? Is it time for the reopening trade to finally take off? I’ve been wrong on the timing on it this time (took longer than I thought), though […]
Read More →Cops cracks down on jab slot sales, after at least 7,000 ppl have bought Covid vaccination slots at Bang Sue Grand Station thru a loophole in the national vaccine recipient’s database. FTI seeks to speed up vaccinations at factories: The Federation of Thai Industries (FTI) is working to acquire more vaccines from the Labour and […]
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