Comments: 1. The resources industry has continued its improvement from its lows this year, hardly a surprise given that oil prices are likely to remain high for the rest of the year. 2. Technology has continued to remain buoyant on the back of a massive special dividend from DTAC (giving it a yield of 20% at […]
Read More →The Crane Group of Cos was set up by Thongchai Praerangsi in 1990 to provide rental services of cranes, forklifts and other construction machinery for lifting, assembling and installing large and heavy objects as well as machinery sales under The Crane Services Co Ltd (TCS). As the industry continued to expand, Mr Thongchai set up […]
Read More →Latest thoughts from chartist Ploy! She’s looking closely @ the Dollar Index and the impact on the markets globally. Apologies for my last week’s forecast that the US dollar index would fall until late December. The US dollar index bounced back and made a significant breakout above the given barrier at 79.70-79.84. It may head […]
Read More →Comments: We decided to expand this weekly update to include the relative valuations of each industry sector as it will help to highlight why certain industries are more attractive. The SET continued to gain very strongly in the first week of December buoyed by silly news in Europe that the crisis will magically come to […]
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 […]
Read More →Comments: So all the returns for the market this year happened in November 2011, its incredible how if you were heavy on cash during that period that you would’ve completely missed out. There was a broadbased recovery in the Agro & Food industry, financials and resources as fears over the euro crisis subsided. We noted what […]
Read More →Interesting read in yesterday’s Bangkok Post about the government revising Thailand’s renewable energy targets for the next 10 years. It is something that is absolutely necessary for Thailand as the country is a net importer of oil. http://www.bangkokpost.com/business/economics/268692/renewable-energy-goal-revved-up Key point(s): 1. Government approved a revised plan to up renewable energy to 25% from 20% of […]
Read More →Given the flooding situation its no surprise that the Thailand’s econ figures for October were weak and we expect that November would be even weaker. See below for some quick highlights. Consumption, investment, government spending and exports were all weak in October. Manufacturing (36% drop in MPI) got hit far larger than agriculture sector (+7% […]
Read More →Latest thoughts from our Queen Chartist Ploy. Essentially she’s looking for 1. SET out-performing, 2. Baht strengthening, 3. BGH continuing upwards and 4. Gold likely to hold its recent rebound. The US dollar index has reached the resistance I gave last week, and is now backing down from the given resistance. Also the SET is […]
Read More →Having been lucky enough to meet with several investment professionals in the US, Europe, Hong Kong, Singapore, Thailand and several other locations in the world, it has been interesting to see on how they look at and/or value investments in equities.
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