The SET continued to decline last week because reasons that I’ve mentioned several times, the Euro area issues, US slowdown and continued worries about the Chinese economic slowdown. Going forward all we are going to hear in the news is the Greek election coming in mid-June, issues about Spanish banks, US worries and the Chinese government pushing […]
Read More →Tremendous amount of buying last week by management of public c0mpanies here! Notable Transactions: Buys: Banpu – Family and director purchase additional shares in the company, total purchased in the past month is near THB 100 mn BLAND – He’s having fun again and joining the party is K. Ausakoon buying and selling the shares […]
Read More →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 →Lots of buying in the past week! Notable transactions: Buy: BLAND – K. Anant is having a good time yet again with his stock price, watch him keep buying and then sell about 0.70 again. ERW – A company I think is stupid cheaply on an NAV basis (Bt. 5.5/share is our estimate) but until […]
Read More →Just a quick fyi before I run out of the office. MSCI announced this morning their update to be used in the calculation of the MSCI Global Standard and Global Small Cap shares that will be effective as of 31 May 2012. MSCI Thailand Index Addition: SCC MSCI Thailand Index for Global Small Cap. Additions: BLA, EARTH, SC, SF Removals: HMPRO, SCCC, MAKRO, TSTH and TUF Source: MSCI
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.
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