Research on Thai Markets in general and the SET Index
US trade move ‘won’t hurt Thai exports’: GSP suspension imposes ordinary tax rate. The Commerce Ministry insisted yesterday the announcement by US President Donald Trump to suspend preferential trade benefits for 231 Thai products under the so-called Generalized System of Preferences (GSP) won’t much affect Thailand’s export to the US. Bangkok Post Phuket chamber lobbies […]
Read More →Earnings are coming out and guess what? Generally everything is great QoQ! (though ex rubber players, absolutely rubbish YoY). This week we have: 1) The US elections…this will be amusing, I have bets on Trump. 2) Thailand’s anti-monopoly org will have a decision re CP’s Tesco acquisition…I have bets they’ll use their archaic system and […]
Read More →BGC – Singha following the CP playbook. So there is another capital increase occurring in the markets. This time its a consolidation play by Singha’s bottling firm, BGC.  My first thought seeing this headline was… “This is the perfect example of public companies that have access to capital buying up their competitors and taking over their […]
Read More →Prayut lifts state of emergency : Protesters won’t drop lawsuit against PM. Prime Minister Prayut Chan-o-cha yesterday lifted the state of serious emergency and other related orders in Bangkok, one week after they were imposed to tackle anti-government protests. Bangkok Post Job woes add to swelling debt load : Falling income hits repayment ability. A […]
Read More →What happens to the market when/if Prayuth steps down this week?
Read More →Federation of Thai Industries (FTI) wants authorities to step up efforts to amend the controversial charter to find a way out of political turbulence threatening plans to restore the economy. Government Saving Bank will announce non-bank partner to expand consumer credits & car title loan business today, plans to curb interest ceiling at 18%, target […]
Read More →Well I was smacked in the face with the market reaction to these protests. I may write about the protests later…but its a non-violent movement, an excuse for the weak hands to dump the shares that that they don’t have confidence in. (or at least that is what I am telling myself) It’ll be interesting […]
Read More →First STV arrivals due next week : Two groups of Chinese tourists with Special Tourist Visas (STV) will arrive in Thailand on Oct 20 and 26, Tourism and Sports Minister Phiphat Ratchakitprakarn has confirmed. Bangkok Post FTI urges caution in carrying out new emergency decree : The use of an emergency decree is aimed at […]
Read More →I think the ST bottom is in for the market. Why? I still think commodities are ripe to take off for the next 3-5 years. I think the death of the banking/property sector has been priced in. I think that telco’s are going to stop fighting one another. When the above 3 sectors move the […]
Read More →PM denies Arkhom buzz : Pick for finance minister goes to HM. Prime Minister Prayut Chan-o-cha yesterday dismissed speculation that former transport minister Arkhom Termpittayapaisith would be made the new finance minister. Bangkok Post Arkhom secures finance post : His Majesty the King has endorsed the appointment of Arkhom Termpittayapaisith as the new finance minister, […]
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