Research on Thai Markets in general and the SET Index
Quarterly Calls With quarterly announcements/calls etc etc effectively over there are 2 that I always enjoy reading/listening to. Universal Robina (Philippines) A decade ago I came across this massive Filipino consumer player, Universal Robina because I was curious who was behind my favourite snack brand as a kid in Singapore, Jack n Jill. Since then […]
Read More →Just look at that YoY and even QoQ performance, not a surprise for the overall market. It’s the next 6-18 months that have me scratching my head for the overall market, certain sectors are going to continue doing well/improve i.e. energy/commodities, transports, hotels, but we won’t see such as large a jump, actually allow me […]
Read More →1 word, reopening.
Read More →Opposition targets 5 ministers, PM in no-confidence motion: The main opposition Pheu Thai Party will submit a no-confidence motion against at least five cabinet ministers to parliament, with the government’s planned procurement of 8.5 million sets of Chinese-made antigent test kits (ATK) among the issues targeted for censure. Bangkok Post Investment magnet: A new industrial […]
Read More →And so yesterday we learnt that the lockdowns are continued, surprise surprise. Now 2Q21 earnings season is finished! Though there are a million calls/videos coming up for all the investors in the markets to pay attention to … hence why there have been minimal random thoughts from me. I’ll be back on it, there’s plenty […]
Read More →Retail faces mass layoffs: Thailand’s retail market is expected to contract by 12% this year, with a million workers likely to lose their jobs if the government fails to accelerate the provision of financial aid measures to operators as well as offer domestic consumption stimulus, warns an industry body. Bangkok Post B53bn allotted for EEC […]
Read More →Note: Data as of 09/08 Have the number of “cases” officially peaked in Thailand over the weekend? Are they reporting that more people are being released from hospitals/hospitels? Is it time for the reopening trade to finally take off? I’ve been wrong on the timing on it this time (took longer than I thought), though […]
Read More →Cops cracks down on jab slot sales, after at least 7,000 ppl have bought Covid vaccination slots at Bang Sue Grand Station thru a loophole in the national vaccine recipient’s database. FTI seeks to speed up vaccinations at factories: The Federation of Thai Industries (FTI) is working to acquire more vaccines from the Labour and […]
Read More →On a USD basis, the SET is -5% for the year. Frustrated that these lockdowns are going to potentially last for the whole month of August which just leads to more market share for the big boys, higher NPLs etc etc. Supply chain’s are going to be stretched further, inventories are high for some, none […]
Read More →Export growth provides ray of light: Expansion reaches 11-year high as outbound shipments in June surge almost 44%. Despite the country facing its worst outbreak of Covid-19, exports are continuing to maintain growth momentum, surging by 43.8% year-on-year in June, representing the highest uptick in 11 years. Bangkok Post Prayut orders stimulus rejig: Prime Minister […]
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