Latest thoughts from Ploy, she warned us of the current market pullback last week, lets see what she has to say going forward. I feel like an egg I hunted during Easter has hatched and turned into a T-rex. Â :(Â The SET is showing a negative signal at this key resistance. Combining with some other […]
Read More →The market continued into its slight downward trend b/c of issues surrounding China’s slowing growth, Europe debt crisis coming back into headlines with the recent Spanish bond issue and the US’s. More than anything else we think valuations are high, mid-teens, and foreign fund flow has been extremely strong into Thailand in the past two […]
Read More →Notable transactions: Buys: BANPU –  Directors continue to buy shares in their company despite all the hullabaloo around Indonesia BGH – The President continues to buy more shares! NMG – Big lot transactions (both buy/sell) in Nation Multimedia Group representing close to 5% of total shares outstanding. Perhaps new shareholders looking at a way for the […]
Read More →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 […]
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