Research on Thai Markets in general and the SET Index
Shouldering the burden : Some companies agree with a government scheme to partially subsidise salaries, but they wonder if the budget is adequate. With no end in sight to the economic downturn caused by the Covid-19 pandemic, the government aims to put much of its aid effort towards fiscal stimulus to prop up the economy, […]
Read More →Last day of the month, earnings are done, XD dates are in progress and so now the q is what’s next….will the markets price in the reality of a rather weak economy or will investors look at the potential momentum build up over the coming months/quarters/years? I still think this will be sector specific and […]
Read More →Navy on defensive over sub plan: Top brass slam Pheu Thai ‘politicisation’. The Royal Thai Navy has defended its planned procurement of two more submarines worth a massive 22.5 billion baht from China, and accused the Pheu Thai Party of exploiting the issue for political gain. Bangkok Post Dept plans ‘villa quarantine’: The Department of […]
Read More →Two words: Convalescent Plasma
Read More →Key points: 128/750 companies reported profits that are up QoQ, YoY, 1H20 vs 1H20 Worst sector: Tourism Best sector: Agribusiness QoQ: +44%, YoY: -46%, 1H -59% Note: This isn’t fully comprehensive of all listed firms, there may be data issues.
Read More →Senators crucial factor in constitutional change : The coup-installed 250 senators will be a decisive factor in constitutional amendments pushed by several parties and it remains to be seen whether the Senate’s role in charter change can help defuse political tensions stemming from student protesters who are also demanding charter revisions. Bangkok Post Govt plans […]
Read More →Protests protests protests, where have I seen this story before? Ah yes every 5 years in Thailand. Historically I would’ve said get ready to buy the tourism names, but they’re still beaten down due to the wuflu. Now I’ll say I don’t know. All 2Q20 number’s are out and boy oh boy was this fun. […]
Read More →Schools, stadiums to open next : A panel under the Centre for Covid-19 Situation Administration (CCSA) yesterday approved proposals for a return to normalcy in the country by allowing schools, sports stadiums, public transport and meals on flights, National Security Council (NSC) secretary-general Gen Somsak Roongsita said. Bangkok Post TAT sets B296bn bar for 2021 […]
Read More →Market Thoughts… Does the resurgence of the news about the Red Bull murderer lead businesses/events not working with Red Bull, shift to others and lead to higher sales for CBG and OSP? Will the spike in oil prices due to the Beirut explosion fade? Will the students protests have an impact? Or just fizzle out […]
Read More →North, Isan provinces ravaged by ‘Sinlaku’: Tropical Storm Sinlaku has ravaged the North and Northeast of Thailand, bringing downpours and floods to over 1,300 households in 10 provinces. Bangkok Post Panel jittery over delay in stimulus : Resignations leave projects in doldrums. The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) has expressed fresh […]
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