“Europe is an allegory for the ages of man. You are born Italian, relentlessly infantile and mother-obsessed. In childhood, you are English: chronically shy, tongue-tied clicky and only happy kicking balls or pulling the legs off things. Teenagers are French: pretentiously philosophical, embarrassingly vain, ridiculously romantic yet simultaneously insecure. During Middle-Age, we become either Irish […]
Read More →Last week was relatively quiet in terms of management trades. The only company worth noting (other than BLAND yet again appearing here!) is KCE, management expects that they will recover from the floods last year, expand capacity this year by 20%, and improve its forex hedging strategies.
Read More →Â Last week the market had a slight gain as optimism over a potential Spanish bank bailout was rumoured in the markets (later proven to be true over the weekend). Interesting to see how the sectors have performed YTD, the service and agri sectors are still rocking and rolling whilst the resources and industrials continue to […]
Read More →Given this is something we do internally weekly I thought it would be good to share our basic thoughts on what were the key events happening within the past week. Its a simple point by point thought on the positive and negative events that we notice both locally and internationally. Positives: After falling every single […]
Read More →Soros gave a speech at the Festival of Economics, Trento Italy, there he covered his thoughts on the Euro Crisis today, its a fascinating read enjoy! But the likelihood is that the euro will survive because a breakup would be devastating not only for the periphery but also for Germany. It would leave Germany with large […]
Read More →Areeya Property Plc began as a house construction business before expanding into property development in 2002 by acquiring land and building houses under the Areeya name. It became a public company in 2003 and listed on the Stock Exchange of Thailand the following year, trading under the symbol ‘A’. Chairman and chief executive Wisit Laohapoonrungsee […]
Read More →Again a lot of transactions last week! Notable Buys: BLAND – I’ve been saying this whenever K. Anant’s name pops up in the management trades, if its below 0.70 he buys, above it he sells Grammy – K. Paiboon enjoying the fact that only he has the rights to showcase the Euros in Thailand SIRI […]
Read More →The Ministry of Commerce reported May inflation at 2.53% YoY, up from 2.47% YoY in April and inline with market estimates of 2.50% YoY. On a monthly basis, the May CPI rose a for a 5th month by 0.39% MoM, pressured by the 1.14% MoM increase in food and beverage product prices (33.0% of CPI), […]
Read More →The SET Continued to be bludgeoned the past week with continuing worries over the Euro debt crisis, China slow down, US slow down etc…etc…Now for the coming week expect to hear more of the same with the exception that there may be more news of a bailout given Greece’s upcoming election and Spain looking to sell more […]
Read More →The SET continued to decline last week because reasons that I’ve mentioned several times, the Euro area issues, US slowdown and continued worries about the Chinese economic slowdown. Going forward all we are going to hear in the news is the Greek election coming in mid-June, issues about Spanish banks, US worries and the Chinese government pushing […]
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