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 →Interesting data released by Toyota Thailand last week, car sales, excluding Honda, are now returning to pre-flood crisis levels. This just continues to show how resilient this country is despite the constant political interruptions.
Read More →Notable Transactions: BTS – The owner just bought THB 2.56 bn worth of shares BGH – The president continues to accumulate with another THB 20 mn worth of shares SYMC – Quite interesting to see a director of the board sell THB 20.5mn worth of shares. This company has secure cashflows for the next 10 […]
Read More →The article covers all the points that we’ve been writing here, that despite all the rubbish this country has gone through, it still recovers strongly each time. Enjoy reading. In a Bloomberg Markets ranking, Thailand is second only to China among the world’s best emerging markets for investors. The ranking looks at a series of measures such as market […]
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 […]
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