Ploy has put together a plethora of charts and information, she’s still hesitant on the market as whole and lists out key factors to look for. SET made a low at 1,101.59 last week. Although there have been rebound for 3 consecutive trading days, and the SET made a beautiful rebound from the support at […]
Read More →Unique Mining Services Plc (UMS) imports coal from Indonesia for distribution to domestic industries, mainly in Bangkok and nearby provinces. An affiliate of Thoresen Thai Agencies (TTA), its primary customer base is in food and beverages, pulp and paper, and textiles. Coal imports are tailored to match the boiler engineering specifications of each client. To […]
Read More →Yesterday the THAI board announced the “termination of employment” or in plain english  the firing of Dr. Piyasvasti. The reason according to the Chairman K. Ampon is “Not that he is an incapable president. But so far, there has been poor unity in communications between him and the board of directors. To achieve THAI’s earning […]
Read More →Ploy has a bearish outlook for the SET for the time-being, whilst she thinks there may be a rebound this week, she expects things to worsen further on a technical basis. Nothing can stop the SET from, errr, falling now. This is not the right time to buy more stocks in hope to average down […]
Read More →1Q12 GDP just released this AM, growing + 0.3% YoY vs consensus -0.5% YoY, and up +11% QoQ. Just briefly consensus estimates for the year are as follows: GDP Growth: 5.5-6.5 % Inflation: 3.5%-4.0% My thoughts? Nice quick recovery from the disastrous 4Q11 where Thailand was economically devastated by the floods. We’ll go through the […]
Read More →Notable Transactions: A relative quiet week again except for KBANK (Kasikorn Bank) and NMG (Nation Multimedia Group) with the owners buying massive stakes in their respective companies.
Read More →Our queen chartist has returned with her latest thoughts! Key point watch the foreign buy/selling in the banking sector!  “I will never leave you, nor forsake you. – Hebrew 13:5†Well, the Divine may not leave us, but I am pretty sure someone is forsaking us, leaving us in misery: Foreign investors. The foreign volume […]
Read More →Established on April 30, 1999 as a distributor of innovative chemicals, Union Intraco Plc (UIC) is a Thai-owned company headquartered in Bangkok. Initially, UIC specialised in the domestic market. However, as it earned a reputation for its innovative approach, it secured distribution agreements with chemical manufacturers and suppliers worldwide. It eventually became a public limited […]
Read More →Europe, China, US, that’s all in the news these days, fairly obvious to expect more volatility to the downside given the SET’s lofty valuations.
Read More →Notable Transactions: Buys Nothing really much happening on this side at all last week. Perhaps the only notable transactions was by the SGP CEO. We’ve heard in the market that their 1Q12 earnings will be equivalent to the FY11 EPS because of inventory gains, not a reason for us to buy though. Sells BWG – […]
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