Research on Thai Markets in general and the SET Index
Quarantine debate next week : A proposal to reduce the mandatory quarantine period for foreign tourists from 14 to 10 days will be put forward to the Centre for Covid-19 Situation Administration (CCSA) for consideration next week amid Public Health Ministry advice that the infection is usually detected during the first 10 days. Bangkok Post […]
Read More →The combination of the BOT saying banks can pay divvy’s + vaccine news (pfizer 90%, russia 92%, now moderna 94%, next is china at 1,000%) + earnings for 3Q being o-k-a-y-i-sh is driving the markets. Now with oil finally going to make its push, there’s a lot of positives for the SET. Though I still […]
Read More →BAAC to keep lid on NPL ratio at 4% of total loans : The Bank for Agriculture and Agricultural Cooperatives (BAAC) aims to limit its non-performing loan (NPL) ratio, keeping it from exceeding 4% of total outstanding loans through debt restructuring measures. Bangkok Post Fair trade body green lights CP’s Tesco buyout : The Trade […]
Read More →I still hold to the viewpoint that everything is going to look better QoQ until 2H21, and as such the markets will rally. In Thailand – the protests are priced in, hence the drop in the past 2-3 weeks plus the usual regional fund outflow. It’s earnings season time, latest one today is CPN which […]
Read More →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 […]
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