Strip DELTA out and the YTD doesn’t look this awful, but strip DELTA out for the past 2 years and the SET returns look far worse. Which sector has the best divvy’s? Resources, I haven’t changed my tune on this….oil and friends are still going to have a decent run… In 2 weeks earnings season […]

Banks came out and they’re enjoyinggg the higher interest whilst paying us depositors peanuts. Now Thailand is one of the worst performing markets this year, and that’s, in my opinion, purely due to DELTA holding up the market too high in 2022 and is now coming off. It’s 3 weeks until election, so much for […]

It’s still going to be a sleepy period for the Thai market, the country is effectively on holiday until the 2nd week of May and it’s earnings season with the financials starting, nothing pretty expected yet…they have to finally start writing off all the bad loans from the covid era…

So DELTA gets put on the cash balance list and voila and what has held the market up for the past year has wobbled. Amusing….well there’s still a stock split coming and a rather useless SET Management in place that allowed DELTA to join the SET50 and artificially inflate the index…or conspiracy hat on, this […]

It’s the same story, nothing new (rates up, asset prices down, but China is waking up – is it enough?) ….we’re now going to see the financials begin to report 1Q figures in the next few weeks, let’s see how much more bad debt was sold off, provisioned etc etc…and we have the election coming […]