Research on Thai Markets in general and the SET Index
And he’s out with his latest commentary, this time around he talks about the key issues surrounding the market today, a decent 5-10 min read, enjoy! Note: Because it’s only email that one receives when subscribing to Blackstone there is no link so I’ve posted the commentary in its entirety below. Sifting through the Clutter […]
Read More →Every sector is green except for industrials…specifically this is IVL et al. So my random thoughts on the market? Hasn’t changed, good til now given the sharp drop in 4Q18, earnings are still average (at best) and valuations are high-ish. Plus who knows what is going to happen on the 9th May when the election […]
Read More →1. EC to push ahead with formula : FFP looks set to take biggest list-seats hit . The Election Commission (EC) will press ahead with its controversial method to calculate and allocate partylist seats. Bangkok Post 2. Central bank’s net loss shrank to B154bn in 2018 : The Bank of Thailand’s net loss narrowed to […]
Read More →As much as we may like to contribute today’s market decline to the farcical election process that is currently occurring in Thailand. The whole region is down today and the THB is actually strengthening. On Friday last week the US yield curves (2/7) inverted and that has people spooked.
Read More →Has the pre-election rally fizzled out already?
Read More →Prayut set for tour of provinces : PPRP rallies overlap with appearances. Prime Minister Prayut Chan-o-cha is scheduled to visit four provinces to follow up on government work over the next two weeks, a move that appears to follow the trail of Palang Pracharath Party (PPRP) election campaign rallies which will be held prior to […]
Read More →Rubbish earnings lead to the market pulling back…or is the confusion in with the elections? Or could it be just because the market had a strong snapback rally that it’s time for some profit taking?
Read More →Prayut set to make PPRP campaign bow : PM tipped for rally in Nakhon Ratchasima . Prime Minister Prayut Chan-o-cha is expected to make his public debut as the prime ministerial candidate of the Palang Pracharath Party (PPRP) and address voters in Nakhon Ratchasima, his birthplace, this Sunday. Bangkok Post NESDC keeping an eye on […]
Read More →And the start to the month has been mehhh. The initial rebound from the beginning of the year which looks to have just been a recovery from the shellacking in the 4Q18 may be over for now. FY earnings are out and I didn’t see anything encouraging, other than relatively clean balance sheets for the […]
Read More →Mega-projects to hike public debt : Uptrend in public investment to continue; economists call for more prudent allocation of military budget. Rising government spending on mega-projects, which are deemed crucial to economic growth, will further increase the country’s public debt, economists said with some asking the military to be more efficient in its spending. The […]
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