The Thai SEC looks to push forward with its plans to liberalise the brokerage industry within Thailand. I found two comments made interesting: “It’s time to move forward … We will not limit the number of brokerage licences and we will scrap the minimum commission fees,” Dr Vorapol said. Consequence of this? Any brokerage with […]
Read More →Ok first the figures: The Ministry of Commerce reported March inflation at 3.45% YoY, increasing from 3.35%YoY in February. On a monthly basis, the March CPI surged for a third month by 0.59% MoM. The key inflation drivers remained the food and energy categories; as food and beverage prices (33% of the CPI basket) increased […]
Read More →Several notable transactions have happened in the past week: Buys:Â 2S – The CEO purchased a big lot during the week worth Bt 23 mn BGH – A director on the board somehow amassed nearly Bt 300 mn worth of shares Sells:Â Global – A director decided to unload Bt 23 mn worth of warrants […]
Read More →Our chartist Ploy is back with her latest thoughts on the US dollar Index, DJIA, SET Index and the impact of foreign fund flows on the SET Index. The SET stalled within 1,190-1,200 range last week, but this week, it is likely that the tumble in the US dollar index may help prop the SET […]
Read More →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 […]
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