The Thailand Automotive Institute forecasts that automobile production will increase from 2.1 mil units p.a. to 3.1 mil units by 2015. This implies a 48% growth over 3 years, 28% per year. The Federation of Thai Industries expects that output will increase 48% YoY in 2012 as companies make up for output losses from the […]
Read More →Latest thoughts from our chartist Ploy! Today she explains her concerns for the SET and what key points to look for. The SET breached above its previous High at 1,148.28 last week, with Thai investors cheering joyfully and betting for 1,200 or even higher. Such sentiment turns negative this week and I begin receiving calls […]
Read More →Notable transactions: Buys:Â BANPU – Bt. 20 mn by K. Ongart (Director) BGH – K. Prasert is still buying up shares in his co.
Read More →The clever folks at Thanachart put out a summary of the 4Q11 and 2011 results. 2011 was really the year of telco’s in Thailand with DTAC and ADVANC performing very strongly. No surprise that the electronics and insurance co’s had a horrid 2011 b/c of the floods in late 4Q11. Now just steer your eyes further down […]
Read More →The crowd roars “Liquidity liquidity liquidity!” Not much really to say other than enjoy this liquidity run provided by the Fed, ECB and BoE. See below for charts.
Read More →Latest thoughts from our resident chartist Ploy! Nothing has been changed much while the market is testing its Previous High. The US Dollar index is stalling at the X-support, as shown in the chart below. We have to wait and see whether the index can make a strong rebound from the support. Key resistance is […]
Read More →Given the rising tensions in Iran leading to oil prices continuing to climb higher, the smart folks over at Thanachart put these charts together demonstrating the high correlation that the SET Index has with oil prices. This is due to the fact that the energy sector has the highest weighting within the SET.
Read More →Latest thoughts from our resident chartist Ploy. The US dollar index almost gave us a heart attack when it breached above the barrier at 79.54 last week. However, it couldn’t breach above another key barrier at 80.50: it turned around and head downward, with support at 78.50-78.30. If it falls below 78.30, it may head […]
Read More →Latest thoughts from our resident queen Chartist Ploy, in summary she’s look at: 1. World equity markets rallying until Xmas 2. Keeping an eye at the USD/THB rate as it will dictate the movement of the market. Last week was amazing. The SET breached above 2 barriers last week, which are the barriers at 989 […]
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