Research on Thai Markets in general and the SET Index
And now BKK and large provinces/cities in Thailand are shut down. Anybody else want to follow me by calling this government a bunch of flaccid incompetent donkeys? Stimulus package? What stimulus package? Maybe they’ll buy a few more tanks and submarines as that’ll boost the (I)nvestment in GDP Ok cynicism aside, I’m of the viewpoint […]
Read More →Doctors issue Stage-3 warning : Nation ‘not equipped’ for full-on epidemic. An association of chest physicians is calling on the government to prepare for Covid-19 to become a “Stage 3”, full-blown epidemic in Thailand while slamming the authorities’ slow response to the spread of the disease. Bangkok Post SET changes shorting rules amid chaos : […]
Read More →This drop is just WOW Viewpoints: 1Q is a washout, especially Feb/Mar, 2Q will be fukt too, especially Apr/May. Demand shock is huge, Supply shock is huge. And then? Interest rates getting lower, fiscal spending is going to be massive. And then? For a military leader, the PM is just proving why Thailand lost its […]
Read More →A viral wake-up call : Representatives of the tourism, retail and commerce industries offer their views on the state’s handling of the epidemic. Managing a virus epidemic can be a daunting task for any administration, but inefficiency by the government for its perceived failure to contain the coronavirus outbreak in Thailand has drawn waves of […]
Read More →BBL shareholders approve the acquisition of PT Bank Permata TBK It’s going ahead – Shareholders have approved approved its plan to acquire all the shares in PT Bank Permata Tbk (BNLI). The deal is now expected to close in 2020 after BBL completes the transaction with Standard Chartered and PT Astra to acquire their combined 89.12% […]
Read More →So oil markets have their own rollercoaster with the Saudi’s and the Russian’s not cutting output and potentially ramping it up production instead. And so as of midday 09/02 PTTEP is -29%, PTTGC is -25%, and PTT is -24%. Who said large caps are safer? SET is back to where it was in … 2012? […]
Read More →BoT warns of GDP growth below 1%: Odds of technical recession depend on how long coronavirus spreads, says bank official. The Bank of Thailand says the economy is likely to expand by less than 1% in 2020 if the coronavirus outbreak lasts throughout the year, says a central bank senior official. Bangkok Post Great Wall […]
Read More →What a start to the year… Got your shopping list ready? Close your eyes and accumulate over the next few months. You’ll be reading about two things from the economists: 1) Supply Shock – This will come back online faster than people expect and most likely the China + 1 model will become stronger, expect […]
Read More →DISSOLVED : B191m loan ruled illegitimate by court, 10-year political ban for party executives, EC looks to press criminal charges. Movement will go on, leaders say. The disbanded Future Forward Party (FFP) is taking a defiant stance in the wake of the Constitutional Court’s ruling against it, vowing to set up a new movement to […]
Read More →The market woke up this morning with a serious flu with the whole region down 1-2%. It’s not much of a surprise given the supposed 2 weeks period that it takes for the flu to appear in people. I suspect this week will be peak fear. Should the analogy to SARS hold that by the […]
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