Industry Update – Weekly
Market had continued to struggle to break above 1,200 last week but was kept afloat by massive bank results with KBANK posting +50% YoY and SCB +29% YoY improvement in earnings.
Read More →Management Trades – Weekly
Notable Transactions: Buys: BGH again, from my understanding after talking with various market participants, K. Prasert wants to accumulate shares to ensure that he can still maintain shareholder control over the future of BGH Sells: TUF – the Chairman decides to a substantial amount of shares in the market PPC – Quite odd for directors […]
Read More →Charts – Weekly
Ploy back with her latest thoughts, she pointed out something interesting that there has been little movement in the USD Index, oil prices, gold etc.. After last week’s rally, we thought everything was back on track. But, as it turned out yesterday, it is too early to celebrate the comeback of bullish market. Beside the […]
Read More →Thai State Pension Fund to Acquire U.S., Europe Properties
Its not often we get to read about Thailand in a non-negative way on Bloomberg. The Thai Government Pension Fund has decided to begin investing in assets in both the US and Europe. Just further evidence that Thailand no longer only looks inward. “The stagnate economic environment in the U.S. and Europe offers a great opportunity for […]
Read More →BCA recommends to underweight Thailand
BCA had a recent comment on Thailand with the key points being: 1. No rationale for monetary easing in Thailand given inflationary pressures 2. Growth set to recover post-floods and substantial fiscal stimulus will ensure growth remains strong 3. Thai equity market is a Micro play not Macro and they recommend to underweight the market […]
Read More →Chase the trend!
Source: Dilbert
Read More →Cambodia has opened its stock market
This following the opening of Laos stock market. I’m looking forward to seeing the growth coming from the Laos, Vietnam, Cambodia and Mynamar markets for the next 10-20 years, as Thailand will only stand to benefit from those frontier markets “I think we are now in the cycle for these four Asean markets to emerge […]
Read More →Quick Comment: RPC Plc
It’s been one hectic week with the holidays and updates to send out to clients, thus sorry for the slow updates here. Just wanted to make a quick comment on Rayong Purifier Plc which had shot up quite high intraday today on rumours: “As appeared in “Thun Hoon” newspaper on April 17, 2012 that “Petron […]
Read More →Industry Update – Weekly
The SET continued its mild correction last week. Why are things feeling wobbly here? 1. Valuations are high, 2.) news about a “slowing” Chinese economy, 3.) Euro debt (Spain again this time) and 4.) fears of liquidity drying up in global markets.    Â
Read More →Management Trades – Weekly
Notable Transactions: Buys BANPU – The major shareholders decide that the drop in the share price is unwarranted and buy THB 35 mn worth of shares SGP – The CEO accumulates THB 21mn worth of shares Sells RS – The Chairman unloads THB 12 mn TUF – Now this is interesting, a director that sells […]
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