Commentary on special events in Thailand and the SET Index.
This is a compilation of random thoughts I wrote down over the past 1-2 months…pardon the poor writing and excuse the discombobulated thinking. “The mere idea that a planning authority could ever possess the information necessary to run the economy is a somewhat comic fiction. What prices ought to be can never be determined […]
Read More →These will be implemented at the end of June. See the link below for the all changes in domestic indices. SET50 reshuffle for 2H20. Adds: BPP and TTW Dels: BANPU and DELTA. SET100 reshuffle for 2H20. Adds: AAV, ACE, DOHOME, RBF, SIRI, TVO, WHAUP Dels: BGC, DELTA, MBK, PSL, STPI, THAI, THG. Source: SET
Read More →Effective at the close of Fri (Jun 19). FTSE SET Large Cap index: +CRC & DIF FTSE SET Mid Cap index: +ACE, BAM, IMPACT, LH, MINT, TQM
Read More →So a quick summary: SET profit was -53% YoY, -42% QoQ This was effectively driven by resources (specifically the energy sector) Agro & food was the only industry to grow YoY and QoQ Agri business, electronics, Packaging, Paper & machinery, personal products were the sectors that grew YoY and QoQ. 90/733 companies (SET & MAI) […]
Read More →For Thailand here are the key changes: MSCI THAILAND INDEX Additions ASSET WORLD CORP (AWC) BANGKOK COMM ASSET MGT (BAM) KRUNGTHAI CARD (KTC) Deletions BANPU MSCI Small Cap Additions: BANPU Deletions: ANAN, BEAUTY, BEC, ERW, GGC, ITD, LPN, PLAT, PSL, GLOBAL, SVI, TTA, U, UNIQ, UV, WORK Sources: https://app2.msci.com/eqb/gimi/stdindex/MSCI_May20_STPublicList.pdf https://app2.msci.com/eqb/gimi/smallcap/MSCI_May20_SCPublicList.pdf
Read More →Note: 2 weeks worth of rambling here Models There’s been a lot of chatter online, especially in the US and Europe regarding the forecasting of the wuhan-virus and the changes in forecasts on infections/deaths. Having built more than enough financial models in my career attempting to forecast the potential revenues/cashflows/profits etc of a company/industry my […]
Read More →Managing Director, Mr. Witoon Suewatanakul discusses the company’s strategy and outlook in The Executive Talk (TET) by ShareInvestor.com. TET: Please explain GGC’s business model. GGC’s aspiration is to become a leading Green Chemical Company. Being a listed company on the Stock Exchange of Thailand since 2017, GGC has embarked on investing in our products and […]
Read More →Howard Marks – Which way now? https://www.oaktreecapital.com/docs/default-source/memos/which-way-now.pdf Go read it, pure common sense, will he be this generations investment god replacing buffet? If so does that lead to a generation of worriers vs dreamers? What should I do? That’s a question I’ve asked myself and been asked several times over the past 4 weeks. Investment […]
Read More →CPALL Share price has been weak, they’re part of the CP Funding vehicle to buy Tesco, but a share buy back is underway tomorrow. More interesting is the trend on twitter over the past month that the younger generation wants to avoid going to 7-11’s on Wednesday’s. I finally found an English article for this, https://prachatai.com/english/node/8399, […]
Read More →FY19 figures were due as of end of Feb, and yes, this may not be the most important post at the moment, however one should still keep things in perspective. Table 1: Sectors financial performance Comments: SET profits were -7% for 2019, +37% in 4Q19. 13/27 (48%) sectors had a positive growth in 2019, 15/27 […]
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