The SET begun to trade sideways last week as news out of China depressed several sectors in the Thai market, specifically the resources sector as commodities pulled back slightly. Telcos are still keeping the market up high on its lofty perch, with high dividend yields and the likelihood for 3G to finally be awarded later […]
Read More →Given that the market has begun to waver around the 1,200 point over the past week and with foreign fund flows slowing slightly we have to ask, should the SET Index continue to be so bullish? Brokerage houses are now upping their targets for the SET Index this year, others are starting to place targets […]
Read More →M Pictures Entertainment Plc (MPIC), formerly known as Traffic Corner Holdings Plc, was established on Nov 5, 2001 with initial registered capital of 15 million baht. The company’s original objective was to invest in mass-media companies, especially marketing management of sports events and news programmes on radio and television, but today it focuses mainly on […]
Read More →Notable Transactions: Bland – The owner K. Anant is having a good time trading his own shares, most market participants know that the stock is extremely cheap but as long as there is no catalyst and with an owner trading his own personal stock for fun, avoid! BANPU – A board director bought USD 1 […]
Read More →The market wobbled a bit this week because of poor China and European economic figures and the Thai Finance Minister’s commenting that he would like the baht to weaken this year because it is too strong at current levels. Well if the trade balance is weaker than last year, government borrowing more to fund projects and […]
Read More →Given the market action today and the likelihood that it will continue to decline tomorrow I thought I’d throw in my two cents here. At the beginning of this month my partner did a quick analysis pulling together the highest target prices for companies in the SET50, discounting them 10% (b/c its very rare that […]
Read More →The SET Index continued powering upwards with Technology and Services leading the way, the resources sector were hurt because of the pull back in oil prices and the noise coming out of China regarding a potential slow down in commodity purchases.
Read More →Latest thoughts on the market from our chartist Ploy! The SET slightly breached above the barrier at 1,190-1,200 ( which was given here last week) yesterday. It is likely that the SET may continue its rally, heading up towards 1,231-1,235 by late this month to Songkran festival. The supports are now at 1,174-1,170 and 1,160. […]
Read More →It’s not often that we get to see Thailand at the top of the investment fund flow list, but a combination of the recovery from the floods, government stimulus and corporate earnings growth continuing to surprise, investment funds have been pouring into Thailand for the first 2.5 months of the year. According to Morgan Stanley’s […]
Read More →Floods what floods? Just more evidence how Thailand continues to be resilient despite the internal and external issues. Companies listed on the Stock Exchange of Thailand (SET) and the Market for Alternative Investment (MAI) paid combined dividends of 326 billion baht last year, propelled by healthy cash flow. The amount was an increase of 7% […]
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