Sector Update 03.09.12 to 07.09.12
What a start to the month! ECB comes back from its holiday saying happy days are back again and the markets rally strongly! Â Â Â Â Â
Read More →Tag: Thai Stocks
Local investors can soon start to pick stocks overseas
Two interesting things happened to the SET this week, first they launched a new trading engine … SET President Charamporn Jotikasthira, said: “Today marked another key milestone in the development of the Thai capital market, as now that we began operating our new trading engine, SET CONNECT, with full efficiency. Source: SET …and following as a result […]
Read More →Only 4 things to look for globally in the next few months
As I’m finishing to write the August client letter I’ve noted that there really are only 4 key events to look for and depending upon which way the outcome is could in the Short term either very positively affect the markets or very negatively. Will European politicians agree to hold hands and deal with the crises there […]
Read More →Sector Update 27.08.12 to 31.08.12
Market had a strong overall performance last month will only financials being slight hurrt on the back of profit taking. Good to note that the MAI index performed well as the MAI index on general had strong earnings when compared to the SET for the 2Q12. Going forward, not sure what to expect other than […]
Read More →Management Trades 27.08.12 to 31.08.12
Notable Transactions: Buy(s): BLANDÂ – K. Anant buys another 66mil shares in his company. Sell(s): SPCG – A director offloads Thb 55mn worth of shares. Well if you company was trading at 5x pbv and 300x pe then one shouldn’t be too surprised.
Read More →NWR building on a strongly diversified base
Established in May 1976 and listed on the Stock Exchange of Thailand since 1995, Nawarat Patanakarn Plc (NWR) is one of Thailand’s largest construction and engineering companies, with registered capital of 2.21 billion baht (1.55 billion paid up). With more than 30 years of experience in Thailand and other countries, NWR has a wide range […]
Read More →GPF sells some Thai shares, ING says buy
I commented earlier this week that I have an unnatural fear for the month of September as because its the month which I always travel overseas and there has always been a negative event in September since 2007 that rocks the markets badly. Given that the SET has just fallen some 2% over the past […]
Read More →Local PE and VC firms to pop up now?
There has been very minimal PE and VC onshore based activity in Thailand because quite simply the capital gains tax on such investments are too high, 30%. But with news that the SEC is slowly but surely relaxing regulations and despite that hubbub from the US that PE and VC firms are evil. I’m actually […]
Read More →FDI up 62% in first 7 months
Despite the floods at the end of last year, foreign direct investment in Thailand was up at whopping 62% in the first seven months of this year. This can only bode well for several industries here, industrial estates, transport (airport), and banking. The main statistic I found interesting was the Singaporean investors were ranked second […]
Read More →S&P Revises Thailand’s Banking system upwards
S&P (rating agencies who believes them today?!) revised Thailand’s banking system upwards mid-week, but regardless it does finally demonstrate that Thailand has in fact improved a lot in the past 10 years despite the on going political rubbish. We revised our industry risk score for Thailand (foreign currency BBB+/Stable/A-2, local currency A-/Stable/A-2, axAA/axA-1) because, in […]
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