Market Update 15/01 – 19/01
Want to know which sectors have been driving the market in the past 12 months? Have a look at the charts of the Industrials and Resources sectors, closely followed by the services sector.
Read More →Category: Market
Research on Thai Markets in general and the SET Index
WHTW Top 10: 15/01 – 19/01
Somkid targets 2018 BOI filings worth Bt720bn, supported by infrastructure investment. He plans to invite foreign investors to invest at the seminar on March 19. BOI also said that 2017 BOI filings were higher than the target of Bt641bn. (Thai Post, 13/1/18) EEC spending forecast to reach B600bn. The government expects investment in the Eastern […]
Read More →Random Thought: The BOT vs the THB
I am not too surprised that the BOT has come out saying that they are taking measures to prevent the THB from strengthening versus the USD, and I have found it amusing that Dr. Somkid comes out saying that the strengthening THB is inline with regional currency movements because this simply isn’t the case. In […]
Read More →Market Update 08/01 – 12/01
And the markets keep going and going and going. Interesting fact is that the MAI is continuing its 2 year underperformance versus the SET. Here’s another one, will the steel sector begin to perform this year? Cheapest on a BV basis, infrastructure projects are going ahead. A surprise for 2018?
Read More →Buffett Articles
I saved a few of these articles over the new years break and finally had the time to digest some. Of the two, I found the transcript of the interview with the Financial Crisis Inquiry regarding the Global Financial Crisis, it was recently released by the US National Archives and its one helluva long read […]
Read More →WHTW Top 10: 08/01 – 12/01
BACC to propose three measures worth Bt95bn to cabinet for low-income farmers who registered for welfare policies previously. (Thai Post, 8/1/18 Ministry of Finance has no plans to intervene in the strong THB. It believes the BoT will be able to handle it without problem, suggesting this is a good opportunity to import goods. (Thai […]
Read More →Market Update 03/01 – 05/01
And its off to the races! The SET is already up 2.4% in the first few trading days of the year with daily traded values at THB 80 bn, nearly double the normal value traded. Plenty going on oil prices, potential interest rate hikes, infra, and elections. Best of luck figuring out what to buy […]
Read More →Grantham: Excellent Fundamentals Euphorically Extrapolated
The discussion of bubble forming is explored in the latest paper from GMO’s Jeremy Grantham, he begins with the history of bubbles, the formation of bubbles and the current stage of the current one. It’s quite the read and he’s arguments are logically formed however I like to say, its hard enough trying to figure […]
Read More →WHTW Top 10: 03/01 – 05/01
BOT still has concern over household debt which will be able to drag consumption. It says the government should progress investment so the private parties can follow. It also has a positive outlook towards traveling in secondary provinces. (Thai Post, 30/12/17) 5,007 factories apply to set up factories (Ror Ngor 4) in 2017, -4.66%YoY but […]
Read More →Thailand infrastructure 2018
This is a key theme for investing this year that these all of these projects will be approved, bidded out and begin construction. You can see that several projects are already under construction and awarded out but there are still hundreds of billions of baht worth still to be awarded. Here’s some quotes from the […]
Read More →