Another relatively quiet week in terms of management trades except for SIRI had the most transactions with the President K. Srettha swapping shares from a personal holding co to his name in SIRI…..and HELLO AGAIN BLAND!
Read More →Last week the markets were positively buoyed due to the Thai Constitution Courts throwing out several petitions as well as several global central banks continuing to cut rates further.
Read More →Positives MSCI Thailand reported the 2nd largest inflow of $133mn after MSCI Philippines Thai Constitutional Courts throw out petitions Ireland issues bonds (yes it was last week but I don’t believe this is getting enough press, only 2 years since its wipeout and its already issuing bonds at yields lower than Spain) AOT continued to […]
Read More →The market recovered nicely last week on the back of Euro news and central banks loosening their wallets and despite negative PMI numbers from Europe and China. But going forward expect the usual confusion within the market between additional liquidity from central banks vs continuing -ve econ news. Over the next 5 weeks all 2Q12 […]
Read More →Last week was quite quiet in terms of management trade activities, have a look below for only 2 notable transactions Buy(s): IHL – A director buys Bt. 64 mn worth of shares in her co. Interhide is linked closely to the automotive industry here in Thailand supplying hides to several of the auto manufacturers. Sell(s): […]
Read More →Pico (Thailand) Plc (PICO) is a member of the worldwide network of Pico Far East Holding Limited, a world leader in the trade show and exhibition industry with 35 branches in 23 countries. CEO Silchai Kiatpapan discusses the company’s strategy and outlook. What is Pico’s business model? Starting 30 years ago, our group’s assets and […]
Read More →Two days ago the Ministry of Commerce announced the inflation figures for June 2012, +2.56% YoY up from 2.53% in May. Anything interesting? House and furnishing prices increased 0.28% MoM (function of an increase in construction materials, rental fees, water and electricity chargers) Food and beverage prices remained flat Going forward? We’ve mentioned continuously that […]
Read More →Fairly interesting that both the SET and SEC have been in the news often the past few weeks with ideas on how to expand the SET Index further and bring in more investor flows to the local equity market. I do hope they will actually do something versus just saying they are thinking about expanding businesses. […]
Read More →Funny little article on Bberg over the weekend on Thai politics. The writer, William Pesek, puts forth an idea to allow Thaksin to come back and prove himself. Thaksin has been extraordinarily successful at three things since fleeing to avoid prison: playing the victim, drumming up support overseas and distracting Thailand’s leaders from moving on. […]
Read More →Notable Transactions: Buys: Banpu – The company’s shares have fallen from its lofty perch of Bt. 792/share peak last night to Bt. 440/share today, looks like the President believes his shares have been unfairly punished Sells: TUF – A director sold off THB 37 mn worth of shares KBS &Â TSTE – Two sugar company owners […]
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