Research on Thai Markets in general and the SET Index
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: […]
Read More →Bonus 10 as there’s just too much good stuff:
Read More →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 […]
Read More →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 →The SET continues to be amongst the best WORST performing markets in the world, what is it now? -22%+ in USD just this year alone? Well it’s DELTA driving the fear along with the industrials i.e. anything that doesn’t do well with high oil prices but the banks are holding and remember them saying no […]
Read More →Well I’m writing this just at the open for the afternoon session, and wow rates > srettha being a fantastic salesman narrative. How many margin calls are we seeing by management/owners today? There seems to be a lot of fear that several companies can’t roll over their debentures – hello magnolia! yes you’re effectively bankrupt […]
Read More →Well this past weekend’s events have thrown things upside down, and I have nothing to add.
Read More →