Latest thoughts from Ploy! She’s looking closely at the USD/THB rates seeing how its driving the SET Index and has updated her viewpoint on TOP and her latest pick BANPU! My opinion on the SET is relatively unchanged. If you have followed my comments here for a while, you may have noticed by now that […]
Read More →Notable transactions: BLAND – The owner is still buying up shares in his company. BANPU – Big sell by a stakeholder. SIRI – Even the executives there think that their stock has shot up too much, and yet we hear punters still believing that the stock should go to 3.
Read More →Over at my friend’s Ake’s website, www.chartingthailandeconomy.com, he put up a little graph showing a big downward revision for 2011 growth. Well look, the post-flood recovery progress begun in December 2011 with factories and industrial estates restarting and the government’s plan for rehabilitation (including the THB 350 bn flood reconstruction and water management plan) won’t […]
Read More →As mentioned in a previous post last week, the market continues to rally strongly on the back of ECB funding essentially saving financial institutions in the Euro zone from going bankrupt. The industrial sector has continued to perform well on the back of news that Amata and Hemraj Plc are going to have very good […]
Read More →Ploy is back to grace us with her thoughts on the markets. She delves into the SET, Asia-Pac, DJIA, SET Sectors, USD/THB and Gold. Enjoy! The world has been so peaceful lately and the SET has been gradually climbing up the ladders. Most of the charts today are updated from last week’s charts. The SET […]
Read More →The SET continues its remarkable start to the year, up 7.4% in local currency terms with the Agro & Food Industry sector leading the way due mainly to CPF expecting to have a fantastic 1Q12 earnings result. Going forward we’re looking at the continuing recovery of the industrials sector and turnaround in the resources sector.
Read More →Notable transactions: BGH – The President continues to buy a massive amount of shares TTA – The Mahagitsiri family is a new majority shareholder SIRI – The President has now accumulated over 120 mil shares in the past month TPC – Shareholders selling their company to SCC
Read More →Recently Exxon Mobil (EM) sold 99% Exxon Mobil Yugen Kaisah (EMYK) to Tonen General (TG) in Japan. What we see here is simply that EM is continuing its broadbased strategy to reduce its stake in the downstream business and focus more upon the upstream petroleum business because of its better margins. This has an impact […]
Read More →Sony (digital cameras) has recently moved its largest camera production site in the world out of the Hi-Tech Industrial Estate in Bang Pa-in, Ayutthaya province to its facility in Amata Nakorn, Chonburi. It is also planning to build a new production plant at Amata Nakorn. NEC TOKIN Electronics (Thailand) Co Ltd located at Navanakorn Industrial […]
Read More →Ploy has returned from her two week vacation and has graced us with her latest thoughts on the market. Enjoy! While I was away, the US dollar index reached the Y-resistance in the chart and has backed down ever since. I stated previously that the breakout above the Y-resistance (which was above 82.20-82.40 then) would […]
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