Research on Thai Markets in general and the SET Index
Foreign ownership conundrum: Government proposals to allow foreigners to own one rai of land have been applauded by some as a way to revive the economy, but criticised by others who say Thais should be given assistance first. Foreign investment is being seen as a way to revive the sluggish economy, particularly with stagnating domestic […]
Read More →What’s driving the market? Funnymentals of course, DELTA knocked it out of the park with their earnings and this name is back to being the main reason for the market racing back up. As for the rest of the names, banks have surprised analysts (they seem to be surprised often) with better than expected figures, […]
Read More →Throw in the nearly -10% decline in the THB this year and the SET is down -16%. All the short term traders/investors are waiting for Wednesday night’s Fed speech – no idea why, rates are going up…and Thailand has ANOTHER 2 public holidays on thurs/fri. So it’s going to be a quiet week.
Read More →Minnows to aid PPRP at poll: Small parties can help it bag list seats and counteract unfriendly seat calculation method. All eyes are on two small parties which are expected to help the ruling Palang Pracharath Party (PPRP) secure party-list seats and counteract a new method of calculating the seats seen to favour small parties […]
Read More →At these levels one could argue the SET looks appealing, trading at near BV – yes yes I know I know, the new economy doesn’t need assets in order to do business, but at the end of the market it is a market metric that (I believe) holds in this part of the world – […]
Read More →And my fear for my commodity names ended up being correct, and I think great buying ops. Despite all this rhetoric about the end of the world and demand destruction, I just don’t see it being the case (for now – still a low a probability event) The SET and most of the region (excl […]
Read More →State firms set to spend 90% of funds: The head of the State Enterprise Policy Office is confident disbursement of state enterprises’ investment budgets will reach 90% of the total this year, after tallying 32% as of May. Enterprises using the fiscal 2022 year have until Sept 30, while those using the calendar year still […]
Read More →YTD the market is down -5%, look at the USD/THB, its down -6.9% just in the 2Q alone. Ouch…. So winners? Only the tourism names which includes the hospitals. It’s going to be a rather quiet week, US markets are on holiday, though I have a confused eye on my commodity names. Let’s see…
Read More →Industry upbeat on outlook for H2: Asia-Pacific still lags the globe as travel restrictions take a bite. The aviation industry is finally seeing signs of optimism as it tries to rebound from a major crisis, although the recovery path appears to be uneven across the globe, particularly in Asia-Pacific as a result of remaining restrictions. […]
Read More →Soft loans to grow EV chargers: The government looks set to offer soft loans to small and mediumsized enterprises (SMEs) and startups that want to invest in charging stations for electric vehicles (EV), a move aimed at increasing domestic EV purchases. Bangkok Post Woo factor: The TAT wants to entice a half-million Koreans to visit […]
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