Research on Thai Markets in general and the SET Index
Well its that time of the year where the oracle of Omaha comes out with his annual letter, so here’s the link to it Berkshire Hathaway Annual Letter 2016 Anything interesting in it? I’m still going through it but already on page 4 there are these nuggets of gold Some years, the gains in underlying […]
Read More →Earnings season is coming to an end and its been the usual hectic period. All in all I would say it’s been a relatively disappointing period albeit a lot of analysts are saying its due to the silent period that occurred post the event in October last year.
Read More →Eurogroup’s Dijsselbloem rules out Greek bailout deal by Feb. 20. Greece and its international lenders are not expected to reach agreement on the country’s bailout progress before a meeting of euro zone finance ministers on Feb 20, Eurogroup President Jeroen Dijsselbloem said on Tuesday. Talks between Athens, its European Union lenders and the International Monetary […]
Read More →A quick look through these numbers make me wonder why does consumer products specifically fashion trade at such a huge discount to the market? And despite all these fears regarding interest rates the REIT/property funds still are paying yields of 6%
Read More →Land tax tweaked to spur activity. The land and buildings tax to be levied on vacant land will increase by 0.5 percentage points every three years until it is capped at 5%, says Deputy Finance Minister Wisudhi Srisuphan . (Bangkok Post, 14/02/17) Ministry of Commerce expects Thai economy to grow 3-4% since higher oil prices […]
Read More →We are starting to see some weakness in certain sectors this year. basically the ones that have done very well in 2016 i.e. every commodity based company.
Read More →Thailand delays launch of $2.9-bln infrastructure fund to second quarter. Feb 8 Thailand plans to launch a 100-billion baht ($2.85 billion)infrastructure fund in May or June this year, the finance minister said on Wednesday, as the military government seeks to fund investment projects to boost a sluggish economy. Last month, a ministry official said the […]
Read More →I’ve noticed that the 10 year thai gov bonds are now yielding ~2.4%, just 12 months ago it was at ~1.6%. With the current divvy for the SET only at 3% will the yield chasers switch away from equities to go back to fixed income products? Interesting to note that healthcare hasn’t been performing well […]
Read More →Bitcoin Is it possible that bitcoin has replaced gold as the go to safety currency during times of volatility and political turmoil? As ridiculous as this may first sound it may very well be the case when you look at these charts. We’ve seen the dollar go on a massive run in the past few […]
Read More →Minister of Finance expected GDP growth of 4% due to mid-year budget of Bt190bn and better exports growth. (Thai Post, 30/1/17) BoT expects mortgage loan growth to slow down as a result of slowing demand and high household debt rather than banks’ tightening policy. (Bangkok Biz, 30/1/17) FPO raises growth forecast for GDP. The Fiscal […]
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