Random Thought: No Loans = No growth
If you can’t figure it out …
Read More →Category: Special Events
Commentary on special events in Thailand and the SET Index.
Random Thoughts: KEX dumped by it’s adopted mother
Ok, that’s not quite accurate. But here’s the news… SF Holding to Take Over Kerry Logistics for $2.3 Billion – Bloomberg “SF Holding Co., one of the largest Chinese package-delivery services, is seeking to acquire control of tycoon Robert Kuok’s Kerry Logistics Network Ltd. in a HK$17.6 billion ($2.3 billion) deal for its global expansion.“ The impact is […]
Read More →Random Thoughts: That’s a wrap
Congratulations Thailand, you’re one of the worst performing markets in the world (granted the country has a week left to turn it around, perhaps DELTA will race to 1,000 and save every mutual fund in the country.) A quick rant for the year (or future) – nothing changed – (ok fine, the POS overleveraged co’s […]
Read More →Random Thoughts: Bonds
What? TC looking @ bonds? Yes, for $hits and giggles…given that there’s been a lot of noise about companies being unable to rollover/payback their bonds, well it’s probably prudent to be paying attention to this section of Thailand’s capital markets. And as I like to laugh that MQDC is the next STARK/JKN to be unable […]
Read More →Random Thoughts: Total Brain Dump
It’s been months since my last Random Thoughts, I’ve found a bunch I saved on evernote…so sit back, grab a patongo and enjoy. Models – poorly borrowed from Dilbert’s creator, Scott Adams, and modified slightly. Thailand – international bonds issuance? https://www.bangkokpost.com/business/general/2670539/thailand-eyes-international-bonds Thoughts: This, to me, is an important indicator for Thailand – 1) domestic liquidity […]
Read More →Random Thoughts: Market changes, MSCI/FTSE, Folklore
A (sort of) New SET calculation After years of sitting on their butts the exalted individuals that are running the SET have instead of deciding to fix the free float requirements of joining the SET50 (hello DELTA), instead they are going to launch a brand spanking index that will take into account the free float […]
Read More →Random Thoughts: Shingles, Kill the bastard, Vietnam, ANAN, Thai politics
Shingles: 8 days of migranes & 5 bed ridden days, sleeping 12-15 hours/day and now I can semi open my right eye and stare at a laptop again for more than 5 mins w/o screaming pain. I kicked covid 2x in 3 days, but this shingles is next level. I’m still likely quaratined in a […]
Read More →Random Thoughts: Prayuth’s Performance
Prayuth is not an idiot, he’s been in control of Thailand with his buddies for the past 9 years. Anyone in charge of a country for that long has to be one wily clever sob. But has this incredible intelligence translated into an amazing stock market performance for Thailand? The clever folks here have conducted […]
Read More →FY22 Breakdown, ouch!
Just look at the dumps taken by several plc’s in the 4Q22… Here are the highlights: Italicised copied n pasted from a broker report.
Read More →Random Thoughts: New Cities, stock tax, gulf, BAY, prop, blah blah
Random Thoughts The wonderful thing with flying is that brain farts/dumps occur more often. So, my punjabi MC’s, here we go… New Cities For the past few years, and mainly due to the listening to Scott Adam’s who has commented that the development of new cities (see the Saudi idea) is going to be the […]
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