Research on Thai Markets in general and the SET Index
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 […]
Read More →Market still remains stuck in its range, today’s impact comes the AOT news that they won’t make King Power pay the fees for the next 12 months. Earnings season is in full swing, deadline for all listed co’s is mid August, and banks were the first ones out the gate….banks wise – SCB’s earnings look […]
Read More →BoT looks to lighten burden for distressed borrowers : The Bank of Thailand is considering adding a haircut method to the third phase of debt relief measures to help borrowers reeling from lower income caused by the virus crisis. Bangkok Post Exports tumble 23% in shaky June : Worst showing since July 2009 prompts full-year […]
Read More →Thailand is on holiday today and tomorrow. But as of writing nothing “serious” in the media/corporates have appeared. Thus the same story continues. Vietnam had 3 new cases for the first time in 100 days and their market is -7% over 2 days. Granted that market daily value traded is an 1/8 of Thailand’s so […]
Read More →Appoint Suriya, PM urged : PPRP wants him to get plum energy post. The ruling Palang Pracharath Party (PPRP) has proposed that Industry Minister Suriya Jungrungreangkit becomes the new energy minister in the upcoming cabinet reshuffle, saying the portfolio is among the party’s quota. Bangkok Post BoT rules out IMF help, cites fundamentals : Bad […]
Read More →Earnings season has started with fincos’ being the first sector to release results. As of writing – TISCO, AEONTS and KTC have reported #’s that are -20% YoY or more, KBANK just announced mid-day today and its -70% YoY But we know this. We know that ~10-20% of GDP comes from tourism and with that […]
Read More →Setthaput latest to vie for BoT post : Six candidates in the race for central bank governor as application deadline passes. Setthaput Suthiwart-Narueput, a member of the Monetary Policy Committee and the prime minister’s advisory team, has joined the race for the top job at the Bank of Thailand, bringing the number of contenders to […]
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