Does it matter which asset class I buy?

Well I’ve been trained and raised in the equity asset space only and I’ve always laughed @ the point of asset allocation, however I do look @ these annual returns per asset class every quarter just to remind myself of whats going on in the rest of the investing world and to realise that things change very quickly each year. Enjoy!


Stocks in the news (ap, kbank, irpc, prin, ptt, pttep, tuf) 06.03.14


AP taps Japanese know-how, designs – Mitsubishi Estate Group (MEC), Japan’s biggest property developer, is looking to expand its property investment in Thailand after injecting Bt2.5bn this year through three joint venture condo projects with SET-listed developer AP. MEA signed the joint venture deal with AP in December, starting with three new condo projects worth a combined Bt7.5bn. (Bangkok Post, 06/03/14)

Comment: This is positive for AP as it minimises the stress upon its balance sheet.


KBANK may cut loan target to 7-8% – Kasikornbank (KBANK) is mulling cutting its 2014 loan growth target to 7-8% following a recent reduction of the country’s gross domestic product (GDP) forecast to 3% as the political upheaval begins to take a toll on the lackluster economy. The fourth-largest lender by assets had set its lending growth target at 9-11%, assuming economic growth stands at 5%. (Bangkok Post, 06/03/14)

Comment: KBANK looks like the best managed bank in Thailand today because of its systematic approach, however if there is slower in Thailand, then without a doubt the banking sector gets hurt.


IRPC is confident that market GIM will reach US$9 supported by increase in petrochemical product price in 2014. It plans to set up paraxylene plant of 1 million tons capacity with PTTGC. (Khao Hoon, 6/3/14) Continue reading Stocks in the news (ap, kbank, irpc, prin, ptt, pttep, tuf) 06.03.14