Latest thoughts from Ploy! happy reading! Updating the US Dollar index, after the index fell to the support as given last time, it has rebounded and slightly breached above the key barrier at 81.44 yesterday. Despite today’s volatility and the possibility that it may head down to test support at 80.10-79.80, the US Dollar index […]
Read More →Cracking start to the year, first week, the market is up 1.1%, driven mainly by the resources sector (represents over 30% of the SET market cap), although Agriculture & Food industry had a strong first week as well. I’m not surprised to see the banking sector being hurt, because of the news from Europe (fyi […]
Read More →Originally published in the Bangkok Post 6th Jan 2012 Gunkul Engineering Plc was established on Aug 5, 1982 by Gunkul Dhumrongpiyawut as an importer and provider of electrical equipment in order to support the fast-growing Thai economy. It was listed on the Stock Exchange of Thailand on Aug 10, 2009, aiming to raise funds for […]
Read More →Well now, should we really be surprised that DTAC isn’t part of this latest roaming agreement with TOT plc? With the pressure that DTAC is unnecessarily placed under being called a “foreign company” which we all know it is as are several other multinationals corporations operating in Thailand. DTAC has already essentially wiped out their […]
Read More →A new year a new start, 2011 was the year of telecos (dtac, advanc) and service cos (bigc, cpn, robins, makro), this year I’m still looking and expect energy to perform well especially if Iran and the US decide to make the headlines. Not to be left out are a few select companies in the Industrial’s sector, […]
Read More →Tech continued its massive run with DTAC announcing a 20% dividend yield. Hmmm a telco that decided to borrow THB 30 bn to pay a THB 39 bn dividend, essentially wiping out its retained earnings, currently investing minimally in the network, is Telenor finally going to leave Thailand after being fed up with this AIS-TOT, […]
Read More →Latest thoughts from Ploy ! As we are in the last week of the year 2011, there is no joy to the world of investment. The SET hit the cycle resistance during Christmas and fell back down, as the Baht is weakened against the Dollar. From the chart, the Baht/Dollar exchange rate may head up […]
Read More →Latest thoughts from Ploy! The SET is now sluggish but upside is still seen. I still maintain my opinion that the SET, and other equity markets may continue the rally until Christmas, as shown in the charts for the past 2 weeks. Unless the SET breaches above the barrier at 1,075-1,078 before/around Christmas, it may […]
Read More →Comments: 1. The resources industry has continued its improvement from its lows this year, hardly a surprise given that oil prices are likely to remain high for the rest of the year. 2. Technology has continued to remain buoyant on the back of a massive special dividend from DTAC (giving it a yield of 20% at […]
Read More →The Crane Group of Cos was set up by Thongchai Praerangsi in 1990 to provide rental services of cranes, forklifts and other construction machinery for lifting, assembling and installing large and heavy objects as well as machinery sales under The Crane Services Co Ltd (TCS). As the industry continued to expand, Mr Thongchai set up […]
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