Industry Update 09.07.12 to 13.07.12
Last week the markets were positively buoyed due to the Thai Constitution Courts throwing out several petitions as well as several global central banks continuing to cut rates further.
Read More →Tag: Thai Stocks
What happened this past week?
Positives MSCI Thailand reported the 2nd largest inflow of $133mn after MSCI Philippines Thai Constitutional Courts throw out petitions Ireland issues bonds (yes it was last week but I don’t believe this is getting enough press, only 2 years since its wipeout and its already issuing bonds at yields lower than Spain) AOT continued to […]
Read More →Sector Update – 02/07/2012 to 06/07/2012
The market recovered nicely last week on the back of Euro news and central banks loosening their wallets and despite negative PMI numbers from Europe and China. But going forward expect the usual confusion within the market between additional liquidity from central banks vs continuing -ve econ news. Over the next 5 weeks all 2Q12 […]
Read More →On with the show: Pico benefits from global network
Pico (Thailand) Plc (PICO) is a member of the worldwide network of Pico Far East Holding Limited, a world leader in the trade show and exhibition industry with 35 branches in 23 countries. CEO Silchai Kiatpapan discusses the company’s strategy and outlook. What is Pico’s business model? Starting 30 years ago, our group’s assets and […]
Read More →The SET/SEC is thinking of ways to increase volume or justify their salaries…
Fairly interesting that both the SET and SEC have been in the news often the past few weeks with ideas on how to expand the SET Index further and bring in more investor flows to the local equity market. I do hope they will actually do something versus just saying they are thinking about expanding businesses. […]
Read More →Thaksin – The Berlusconi of Asia?
Funny little article on Bberg over the weekend on Thai politics. The writer, William Pesek, puts forth an idea to allow Thaksin to come back and prove himself. Thaksin has been extraordinarily successful at three things since fleeing to avoid prison: playing the victim, drumming up support overseas and distracting Thailand’s leaders from moving on. […]
Read More →Management Trades (23/06/12 to 27/06/12)
Notable Transactions: Buys: Banpu – The company’s shares have fallen from its lofty perch of Bt. 792/share peak last night to Bt. 440/share today, looks like the President believes his shares have been unfairly punished Sells: TUF – A director sold off THB 37 mn worth of shares KBS &Â TSTE – Two sugar company owners […]
Read More →Sectors – Weekly
The Set Index continued its rallying throughout the month of June on the back of positive news from European governments and less “negative” news out of the US. This all despite even the decreasing PMI figure’s coming out of China and Europe. All in all we think that the market can keep going up all […]
Read More →AOT – The cost of corruption
And this is the cost of corruption, the world’s longest radar breakdown happened at the airport earlier this week. I do hope one day people forego shot term personal benefits in exchange for long term growth for the country…. The simultaneous breakdown of both the main and back-up power supplies paralysed the radar system which […]
Read More →PTT vs RPC Still ongoing
This tit-tat David vs Goliath battle is still ongoing. If you remember we wrote something earlier here Quick Comment: RPC Plc Its appears as though RPC’s management and shareholders want to fully payout all of their retained earnings thereby rendering PTT unable to collect on overdue payments, it’ll be quite interesting to see what the outcome of this […]
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