So the flooding back in Thailand had a far worse impact on GDP versus what all analysts and economy agencies expected. The National Economics and Social Development Board (NESDB) reported the Thai 4Q11 GDP slumped -9.0% yoy, to the lowest in the past 53 quarters and much below the market estimate of -5.0% yoy. Compared […]
Read More →Two articles from the Asia Times Online recently came across my desk in the past week and if you’re interested in Thailand, investments here or just love reading about political war room stories then these articles would definitely be of interest. We have several thoughts about this…but for obvious reasons, would prefer not to comment […]
Read More →The first two months of the year are all about the recovery of businesses affected from the flooding, specifically the Industrial’s sector. Both Amata and Hemraj have benefited tremendously from the flood crisis as their industrial estates were not affected at all, also Ticon has begun to recover as the impact on their rental factory […]
Read More →Notable transactions: BGH president bought another THB 83 million worth of shares BLAND owner continues accumulating shares SIRI executives continue to offload their shares!
Read More →Prinsiri Plc was incorporated on Feb 23, 2000, with initial registered capital of 5 million baht to operate real estate development business in the categories of housing estates and condominiums. In 2001 and 2004, the Company won Awards of Merit from the Pacific Coast Builders Conference (PCBC) held in the US. The company also received […]
Read More →I had begun creating this index since my role as an analyst at an investment management boutique firm here in Thailand, back in 2006, demonstrating how small & mid caps (SMCs) absolutely destroy large caps over time. What we wanted to prove was that year in year out, SMC’s would constantly outperform (albeit they didn’t […]
Read More →Earlier today the local media report that the Ministry of Finance, Bank of Thailand and the Thai Bankers Association agreed to increased the Financial Institutions Development Fund fees from 0.4% to 0.47% for deposits (0.46% to fund FIDF debt and 0.01% to the Deposit Protection Agency). These new rates are expected to be implemented by […]
Read More →Latest thoughts from Ploy! She’s looking closely at the USD/THB rates seeing how its driving the SET Index and has updated her viewpoint on TOP and her latest pick BANPU! My opinion on the SET is relatively unchanged. If you have followed my comments here for a while, you may have noticed by now that […]
Read More →Notable transactions: BLAND – The owner is still buying up shares in his company. BANPU – Big sell by a stakeholder. SIRI – Even the executives there think that their stock has shot up too much, and yet we hear punters still believing that the stock should go to 3.
Read More →Over at my friend’s Ake’s website, www.chartingthailandeconomy.com, he put up a little graph showing a big downward revision for 2011 growth. Well look, the post-flood recovery progress begun in December 2011 with factories and industrial estates restarting and the government’s plan for rehabilitation (including the THB 350 bn flood reconstruction and water management plan) won’t […]
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