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.
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Management Trades – Weekly
Notable transactions: BGH – The President is still buying shares, who knew his pockets were so deep or does he have funding for this? KBANK – A director and family member buys THB 40 mn worth of shares. Raimon – Management is buying up in expectations of fantastic earnings this year when they transfer The […]
Read More →BOT going to hurt local banks?
I touched on the fact that the government was trying to transfer the FIDF (Thailand’s loans from the ’97 asian financial crisis) from the government’s balance sheet to the Bank of Thailand’s balance sheet. And now there is a recent development, according to local news today the BOT Governor is exploring ways to make up […]
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