Wow. Any company that’s knocking it out of the park with this quarter’s earnings aren’t even moving. Those that miss just slightly, get sold off hard. Rumours throughout the local instis and retail investors that HFT Funds are naked shorting the market down. And despite my comments that if any broker was found to execute […]

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It’s on for the next few months. THB peaked for the year, rhymes a fair bit w/ 2022. Banks are minting it due to higher rates – have you tried to refinance or reup your home loan recently? Rates are “high” relative to the past decade. And deposit rates are nowhere to be seen.

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Week 30/10 – 03/11 Country News: Company News bcm.vn, bmp.vn, kbc.vn, kdh.vn, nvl.vn, tcb.vn BCM VN: approved capital contribution to increase charter capital for Vietnam – Singapore Industrial Park Joint Venture Company Limited (VSIP). Specifically, VSIP’s charter capital will be increased by VND1,056 bn, of which BCM will contribute more than VND517 bn. BMP VN: […]

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Wowwwwwwwww. Nearly -17% for the year in THB, so -20%++ in USD, the MAI has been smacked as well at -31%. Thus, the banks appear to be doing fine giving their higher NIMs, as for the rest of the market…hospitals should be good, tourism good (relatively all YoY), so let’s see…another 2 weeks to go….and […]

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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 […]

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