The SET Index continued powering upwards with Technology and Services leading the way, the resources sector were hurt because of the pull back in oil prices and the noise coming out of China regarding a potential slow down in commodity purchases.
Read More →Latest thoughts on the market from our chartist Ploy! The SET slightly breached above the barrier at 1,190-1,200 ( which was given here last week) yesterday. It is likely that the SET may continue its rally, heading up towards 1,231-1,235 by late this month to Songkran festival. The supports are now at 1,174-1,170 and 1,160. […]
Read More →It’s not often that we get to see Thailand at the top of the investment fund flow list, but a combination of the recovery from the floods, government stimulus and corporate earnings growth continuing to surprise, investment funds have been pouring into Thailand for the first 2.5 months of the year. According to Morgan Stanley’s […]
Read More →Floods what floods? Just more evidence how Thailand continues to be resilient despite the internal and external issues. Companies listed on the Stock Exchange of Thailand (SET) and the Market for Alternative Investment (MAI) paid combined dividends of 326 billion baht last year, propelled by healthy cash flow. The amount was an increase of 7% […]
Read More →Sammakorn Public Co Ltd was founded in September 1970 with registered capital of 8 million baht by His Majesty the King’s Private Property Office, to develop and build houses for middle and upper-income markets. The company listed on the Stock Exchange of Thailand on Feb 3, 1992 under the symbol SAMCO. It has steadily increased […]
Read More →So this is why banks have continued to remain strong in the market… Local papers reported that the BOT will offer THB 210 bn to Thai banks at a rate of 0.01% that will be meant for clients affected by the 4Q11 flooding. Local banks estimated that their clients require THB 366 bn in loans […]
Read More →Local newspapers reported that Col Settapong Malisuwan, chairman of the NBTC’s telecom committee, said that the reserve price for 3G licenses (2.1GHz spectrum) is likely to be set in the Bt7-10bn range. The defunct NTC’s 3G Information Memorandum (IM) had set a reserve price of Bt12.8bn. The committee is working on a new 3G IM, […]
Read More →The SET begun to show some weakness as oil prices pulled back slightly. Interestingly the Service Industry sector has performed strongly on the back of hospitals, specifically BGH which was mentioned several times here, because of management buying close to nearly THB 1 billion worth of shares.
Read More →Notable transactions: BGH – The President is still buying shares, who knew his pockets were so deep or does he have funding for this? KBANK – A director and family member buys THB 40 mn worth of shares. Raimon – Management is buying up in expectations of fantastic earnings this year when they transfer The […]
Read More →Et voila c’est fini! So after the media had a wunderbar time projecting fear upon us that a Greek default was imminent and that it would it lead to an economic collapse the likes of which we have never seen before…Well look Greece just defaulted, perhaps they used a different technical term, but its still a default […]
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