Research on Thai Markets in general and the SET Index
Oath ‘fix’ tipped for today : Govt House event has message from King . Prime Minister Prayut Chan-o-cha is due to lead the cabinet in receiving a message from His Majesty the King at Government House today, in an event believed to be linked with the recent controversy over the swearing-in of the cabinet, according […]
Read More →So his latest letter is out and this time a lot of the focus on is geopolitics and US politics from discussions between Blackstone and their clients. I’ve put the whole letter below as it isn’t available on Blackstone’s website but one can easily subscribe to this letter’s from there. Enjoy! Plenty to Worry About, […]
Read More →There is nothing pretty out there atm….maybe its time to invest in a gold mining co…oh wait the Thai military took that option away from us. Now its interesting to see ICT recover…I wonder if there’s still further legs in this if the capex spending isn’t going to be ridiculously high for the foreseeable future.
Read More →Cash splurge to boost economy : Govt to put B316bn into people’s pockets . The economic cabinet has decided to inject another 316 billion baht into the economy through a new stimulus package and remains optimistic that economic growth will be more than 3% this year despite the sluggish global outlook. Bangkok Post Third phase […]
Read More →So we’ve had the pullback…now what? I still think banks are a big question mark given the continuing decline in ROEs. The tech sector which is effectively True, Advanc and DTAC…cash flow, capex management game to maintain their dividend yields…I wonder what consolidation we can see here, i.e. who will eventually take out JAS for […]
Read More →PPRP toils to keep minnows in coalition : The Palang Pracharath Party (PPRP) has decided to award a “political position” to a small coalition party bloc as Prime Minister Prayut Chan-o-cha prepares to hold clear-the-air talks with the group later this week following their threat to withdraw support for the government. Bangkok Post State allays […]
Read More →So earnings have been $hit! Now yes some of it can be attributed to the new accounting policies, but looking across the board its been rather poor in Thailand for the majority of companies. The market is up just +5.5% for the year and its a bloodbath effectively across every sector ex REITs and ICT, […]
Read More →Big spend coming, says Uttama : Govt prioritises tax reform, investment . Expanding Thailand Future Fund (TFF) investment and tax reform are two priority policies that will boost development and help to reduce income inequality, Finance Minister Uttama Savanayana told the Bangkok Post Forum 2019 yesterday. Bangkok Post Three-month strategy unveiled to revive economy : […]
Read More →So reality is setting in again for the markets, here’s what you have coming…trade war impacts are going to hit the markets further. Currencies are going to continuously go a bit nuts. And hey 2/3’s of the debt outside the US are -ve yielding. Specific to Thailand…weak exports…tourism dropping YoY (but still pretty darn good), […]
Read More →Thai-EU free trade talks set to resume after hiatus : Thailand is returning to the negotiating table for a Thai-European Union (EU) free-trade agreement (FTA) after the green light was given by the new government, according to Auramon Supthaweethum, director-general of the Trade Negotiations Department. Bangkok Post Opinion poll gives thumbs up to FFP : […]
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