Research on Thai Markets in general and the SET Index
Sitting on a plane is one of my few pleasures as I may finally catch up on reading books. Currently I’m working my way through Lords of Finance: The Bankers Who Broke the World by Liaquat Ahamed, and I just had to note this passage While market averages continued to race up, reaching their peak in […]
Read More →Outside of PTT and a few retailers, this market is looking awful.
Read More →Highs in key indices spur optimism for GDP. The Thai economy got off to a strong start in 2018, with solid private consumption and tourist arrivals, and exports and consumer confidence hitting multi-year records in January. This prompted the FPO in January to upgrade its economic growth forecast for this year to 4.2% from 3.8% […]
Read More →Prime Minister Prayut Chan-o-cha said on Tuesday that a general election he had promised to hold in November would take place “no later” than February 2019, the latest delay to anger critics of the government. Source: Bangkok Post And so it will now be in Feb ’19…and that is possible, in theory, the fastest that […]
Read More →Says it all in the numbers and the charts, resources and industrials driving the market and everything else is average at best. The MAI has been dead for the past few years…as has the construction and electronics industry this month
Read More →So what are you waiting for? Link is below, enjoy your Sunday. Source: Berkshire Hathaway Annual Letter
Read More →Voila there you go. Just like I said here Pheu Thai Come back? And here Random Thought: Elections Concerns about a further delay of the general election escalated Thursday after the National Legislative Assembly (NLA) voted to reject all seven candidates chosen to be election commissioners. The process of selecting candidates to be election regulators […]
Read More →Delays from this government no longer surprise me… We can’t say when the fund will be launched as it depends on the court’s decision,†Ekniti said in an interview Thursday, adding he still hopes it will start in time to finance two expressway projects by September. Ekniti has been overseeing the fund’s development. Thailand’s Cabinet approved […]
Read More →Fiscal Policy office expects Thai 4Q17 GDP to grow more than +4.0%. For 2018 GDP, it expects the growth to be +4.2%. The thing to be concerned most is strong THB with +3.35%YTD stronger. Exporters are recommended to watch it closely. (CNBC, 19/2/18) GDP up 4.0% in Q4 of 2017. The economy expanded by 4.0% […]
Read More →I’ve been thinking that oil may drop by some 10% in the coming weeks and so the one main factor that has been holding the market up may disappear. Interesting that every contractor has been weak recently, STEC for financial reasons, ITD for obvious ones…and UNIQ, wouldn’t be surprised to see this sector perform strongly […]
Read More →