Research on Thai Markets in general and the SET Index
On the 15th June 2021 it was reported that… The government has asked the central bank to review interest rates for credit cards and personal loans to try to tackle high household debt, the prime minister said on Tuesday… “If our people still have a lot of debt and at a young age, it will […]
Read More →A million doses of Sinopharm vaccine has arrived, as part of an alternative vaccines, imported by Chulaporn Royal College, ready to administer by June 25. Ceiling interest rates of consumer loan products, which are currently over 20% p.a., are expected to be reduced by at least 1-2%, following calls by the Government for the BOT […]
Read More →You can go to ourworldindata.org which is run by the University of Oxford and does a great job of compiling global data from emissions, battery prices and covid’19 statistics (tests, cases, deaths, vaccine etc..) For Thailand the data is as follows: Left axis: # of tests (blue line) Right axis: # of cases (orange line) […]
Read More →A little wobble because of a Fed meeting last week. I don’t see anything negative happening other than the usual newsflow. They can’t stop printing. Watch for a tonne of positive news coming out over the coming weeks in Thailand, vaccine rollout’s, reopening, traffic flows, domestic quarantines lifted in the provinces etc etc. People will […]
Read More →Even though key government figures have played down speculation about a House dissolution and the possibility of an early polls, parties, both old and new, are gearing up for a ballot battle, with all eyes on the joint parliamentary session on June 22-23 to debate charter change proposals. State Railway to sell TOR for Bt78.8b […]
Read More →With the changes by the BOT regarding dividends I wouldn’t be surprised to see Banks moving over the coming months. Commodities are still rocking and rolling, though on why on earth PTTEP doesn’t move confounds me. Reopening theme (hotels, retailers etc etc) still in play, same playbook, if there’s no 4th/5th/6th wave it will continue. […]
Read More →FTSE raised Thai weighting by 0.01% to 0.59%, effective Friday June 18. FTSE All World: Adds: OR and SCGP; Increase in weighting: CBG; Cuts: BBL-R, PTT, SCC, CPALL, AOT, SCB, KBANK/F. FTSE Small Cap: Adds: KEX. FTSE Micro: Adds: JR, NEX, NRF, RT, SA, SO. No deletions.
Read More →Commodities still going – agri prices higher than pre-wuflu, oil prices higher than pre-wuflu, coal higher than pre-wuflu. Reopening theme is back in motion – Last year we were tracking “cases” and this year everyone is tracking “vaccinations”. Should hotels/retailers/spa’s etc be valued here? Sure, why not +20%? Their competition is gone, they own the […]
Read More →It’s going to be an interesting period. Reopening themes will return stronger Commodities may still continue their run Bad debt is going through the roof, this latest wave was a proper nail in the coffin to the last standing few, that haven’t adjusted their business models. Anyone else notice the strong performance of the MAI […]
Read More →Emergency extended; curbs until end of July: The state of emergency has been extended for another two months to bring the current Covid-19 outbreak under control, according to the Centre for Covid-19 Situation Administration. Bangkok Post Testing the stagflation waters: A combination of sluggish economic growth, relatively high unemployment and a worrying inflation figure may […]
Read More →