Comments: AIS and Intuch have been keeping the market because of Intuch’s plan to sell part of its stake in AIS to Singtel, and then probably pay a massive dividend to itself (Temasek), talk about going from left pocket to right pocket. The other sectors haven’t moved much in the past week still too many […]
Read More →Latest thoughts from our resident queen chartist Ploy. She still thinks that the markets are at crossroads and that we should keep a watchful eye at the THB/USD and resistance points for the SET, DAX and DJIA. The SET enters the 10th-15th November cycle resistance with a deep plunge at opening on the 10th November. […]
Read More →Comments: What happened in the past week? Euro crisis + Thai floods + US economic recovery + Oil near $100 = confusion in the markets.
Read More →Published in the Bangkok Post Business Section 11th November 2011 Jay Mart Plc was established on Dec 27, 1988 with registered capital of 2 million baht, initially selling electrical appliances on installment payments. It later entered the wholesale market for TV sets, VCRs and air-conditioners. Today Jay Mart is best known for its retail and […]
Read More →Latest thoughts from our resident queen chartist Ploy. She still thinks that the market will continue to rally but that we should keep our eyes on the USD/THB exchange rate and a close eye for the next cycle on the 10th November. As we are approaching mid November, the market seems more difficult to trade. […]
Read More →A little exercise we like to perform is to see how the market has performed historically and to note if there are any trends. Especially given the fact that since the bottom in October when the market was 850, the rally was primarily driven by foreign investors and we wanted to see if there was […]
Read More →Comments: The past week has been all about the Greeks acting democratic and the flood crisis in Thailand continuing. Only two industry sectors are still positive for the year and now we finally understand why ADVANC has remained so strong as INTUCH (formerly SHIN , owned by Temasek and holds 42.5% of ADVANC) will look […]
Read More →Published in the Bangkok Post Business section on 4th November 2011 Founded in 1994 and listed on the Stock Exchange of Thailand in 2001, Siam Future Development Plc (SF) has been the leader in open-air shopping centres for 12 years. It provides a range of specialised real estate services such as acquisition, development, management and […]
Read More →Ake, a former colleague of mine from TSCAP days, has started a great informative site charting the economic developments of Thailand, www.factforthought.com, and has graciously allowed me to use some of his slides for presentations and for on here as well. Due to the flood crisis in Thailand, downgrades for Thai 2011 GDP are to […]
Read More →In my relatively short investment career in Thailand, I’ve seen the country experience the bird flu pandemic, tsunami in phuket, military coups, capital controls, riots, global financial crisis, swine flu, more riots, airport shut down, and yet this wonderfully silly country just somehow seems to always recover both in terms of economic performance and stock […]
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