This following the opening of Laos stock market. I’m looking forward to seeing the growth coming from the Laos, Vietnam, Cambodia and Mynamar markets for the next 10-20 years, as Thailand will only stand to benefit from those frontier markets “I think we are now in the cycle for these four Asean markets to emerge […]
Read More →It’s been one hectic week with the holidays and updates to send out to clients, thus sorry for the slow updates here. Just wanted to make a quick comment on Rayong Purifier Plc which had shot up quite high intraday today on rumours: “As appeared in “Thun Hoon” newspaper on April 17, 2012 that “Petron […]
Read More →The SET continued its mild correction last week. Why are things feeling wobbly here? 1. Valuations are high, 2.) news about a “slowing” Chinese economy, 3.) Euro debt (Spain again this time) and 4.) fears of liquidity drying up in global markets.
Read More →Notable Transactions: Buys BANPU – The major shareholders decide that the drop in the share price is unwarranted and buy THB 35 mn worth of shares SGP – The CEO accumulates THB 21mn worth of shares Sells RS – The Chairman unloads THB 12 mn TUF – Now this is interesting, a director that sells […]
Read More →Local media reported that Mr Suparat Sirisuwananangkura, president of the Automotive Industry Club of the Federation of Thai Industries(FTI), has called on the government to extend its first-time car buyer program by another six to 12 months from the current expiry date of December 31, 2012. He cited a surge in orders that car makers […]
Read More →Another great writeup by my friend Roger Lee Huang who’s doing his thesis on Myanmar. Major changes are currently taking place in Myanmar. In little over a year, the nominally civilian government under President Thein Sein has introduced a series of liberal reforms leading to rapprochement with the West. The re-engagement with the broader international […]
Read More →Latest thoughts from Ploy, she warned us of the current market pullback last week, lets see what she has to say going forward. I feel like an egg I hunted during Easter has hatched and turned into a T-rex. 🙁 The SET is showing a negative signal at this key resistance. Combining with some other […]
Read More →The market continued into its slight downward trend b/c of issues surrounding China’s slowing growth, Europe debt crisis coming back into headlines with the recent Spanish bond issue and the US’s. More than anything else we think valuations are high, mid-teens, and foreign fund flow has been extremely strong into Thailand in the past two […]
Read More →Notable transactions: Buys: BANPU – Directors continue to buy shares in their company despite all the hullabaloo around Indonesia BGH – The President continues to buy more shares! NMG – Big lot transactions (both buy/sell) in Nation Multimedia Group representing close to 5% of total shares outstanding. Perhaps new shareholders looking at a way for the […]
Read More →The Thai SEC looks to push forward with its plans to liberalise the brokerage industry within Thailand. I found two comments made interesting: “It’s time to move forward … We will not limit the number of brokerage licences and we will scrap the minimum commission fees,” Dr Vorapol said. Consequence of this? Any brokerage with […]
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