Market Update September continued the volatility seen in August with all assets classes ex US Treasuries globally falling ~10%. The SET dropped just over 14% during September. As discussed in last month’s letter to clients we opined that we were extremely worried about a potential liquidity crisis given the Eurozone’s exacerbated debt issues and the […]
Read More →Over the past 6 weeks the countryside of Thailand has been heavily flooded with several people dying, being relocated, houses being demolished. I hate to write about this but unfortunately the flooding is good for certain companies in Thailand as infrastructure and housing will have to rebuilt.
Read More →Tracking foreign investors in Thailand is a necessity as they do have a substantial impact on the SET. We do this daily/monthly/quarterly by monitoring the change in NVDR holdings in Thai equities. fyi: NVDR holdings, Non-Voting Depository Rights, are a vehicle in Thailand for non-thai investors to buy shares in Thai Equities. It is tracked […]
Read More →Diamond Building Products Plc (DRT), formerly known as Diamond Roofing Tiles, has proved consistently successful and profitable during its 20 years of operation. The company attributes its success to a steady commitment to producing quality products that accurately reflect the needs of Thai and overseas consumers, together with strong management and human resources. Satid Sudbuntad, […]
Read More →Slightly off the beat post, but politics in Thailand never ceases to amaze me. Chuvit was the well-known owner of several massage parlours in Bangkok and had supposedly sold his entire stake in all his entities to enter into politics.
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