Dividends dividends and more dividends shall be paid out over the next few weeks and typically ends by the 1st week of May. This combined with people still hanging onto the hope that 1Q16 #’s will show an improvement (we have our doubts, retail looks dead) has kept the market rather buoyant.

Now telco’s – the story is done, JAS is out, so lets go back to fundamentals i.e. DTAC still just paying out divvy’s back to Telenor to expand overseas, TRUE – they’ll make more losses than every analyst dares to write, ADVANC – They’ll still be #1, just at what cost?