On the coup I just don’t understand this western media, why are they portraying us as barbarians and dictators, this is ridiculous, can’t they see that the previous governments were just a bunch of corrupt inept nincompoops that were running this country into the ground with their incessant infighting, corruption, populist policies, Thailand is a […]
Read More →I love his memo’s and his latest one is as much of a gem as all his previous ones, Howard Marks has always been able to describe investing, the markets in such a simple and easy to understand manner. Source: Oaktree I’ll just add personal thought on liquidity that is mentioned in brief in the […]
Read More →Finally some positive news and this shows that the government agencies are finally doing some work. Which listed companies benefit? Simple, AMATA, WHA, HEMRAJ, TICON Here are the facts: The Board of Investment (BoI) is more upbeat about Thailand’s investment prospects after approving some 700 projects with a combined investment cost of 110 billion baht […]
Read More →Thailand Better economic indicators – The Fiscal Policy Office says that Thai economic indicators in Feb improved, supported by tourism and industrial sectors. However, exports remained slow. Economic stability remained favorable with low unemployment rate. (Khao Hoon, 31/03/15) Central bank confident of rebound from spending – The economy still recovered at a slow pace in […]
Read More →AMATA AMATA to join with Labor Department to develop Thailand’s labor market. (Khao Hoon, 03/04/15) BECL BECL’s shareholders okay merger with BMCL. In July, the two companies will hold a joint shareholders meeting. The merged firm is expected to trade in the stock market in August. (Khao Hoon, 03/04/15) Comment: What will be interesting is […]
Read More →If you want to understand why the Thai market is more volatile than the rest of the region, then here’s your answer, retail investors represent more than 50% of the daily value traded. In all honesty I do believe that this is a positive thing it provides more liquidity and lets face it, institutions aren’t […]
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