Pan-Asia Catalysts/Events, Quiddity Advisors

David Blennerhassett

Pan-Asia Catalysts/Events

Quiddity Advisors

Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/krungthai-card-pcl" target="_blank" data-smartkarma-citation="entities:20097:1" rel="noopener">Krungthai Card (KTC TB)</a> is a pretty straightforward short term trade. Basically the second largest shareholder, Prakitchaiwattana, got margin called, and shares fell limit down. Twice.</li>
<li>South Korean private equity firm VIG Partners tables an Offer for beauty device company <a href="https://www.smartkarma.com/entities/viol-co-ltd" target="_blank" data-smartkarma-citation="entities:41010:1" rel="noopener">VIOL (335890 KS)</a>, whose major shareholder, <a href="https://www.smartkarma.com/entities/dms-co-ltd" target="_blank" data-smartkarma-citation="entities:2132:1" rel="noopener">DMS (068790 KS)</a>, faces allegations of unfair internal transactions.</li>
<li>
<a href="https://www.smartkarma.com/entities/melco-international-development-ltd" target="_blank" data-smartkarma-citation="entities:809:1" rel="noopener">Melco (200 HK)</a>'s 11.9% gain on the 26th June - on serious volume - was predicated on a short squeeze, just eight days after the fully-paid rights shares commenced trading.</li>
</ul>



Krungthai Card (KTC TB) is a pretty straightforward short term trade. Basically the second largest shareholder, Prakitchaiwattana, got margin called, and shares fell limit down. Twice.
South Korean private equity firm VIG Partners tables an Offer for beauty device company VIOL (335890 KS), whose major shareholder, DMS (068790 KS), faces allegations of unfair internal transactions.

Melco (200 HK)'s 11.9% gain on the 26th June - on serious volume - was predicated on a short squeeze, just eight days after the fully-paid rights shares commenced trading.


Last Week In Event SPACE: Krungthai Card, VIOL, Melco, Singapore Post

Head of Research, Krungthai XSpring

Waraporn Wiboonkanarak

Head of Research

A full service Thai brokerage

Krungthai XSpring

Krungthai XSpring is a full service broker. The company provides a wide range of investment services such as Securities Brokerage, Derivative Agent Business, Securities Borrowing and Lending, Securities Trading, Underwriting, Financial Advisory, Wealth Advisory, Private Fund Management and International Markets Securities Trading. 

In terms of credibility, Fitch Ratings has assigned Krunghtai XSpring a long-term rating of AA- and a national short-term rating of F1+ with stable outlook.

Equity Bottom-Up

Samart Aviation Solutions Public Co Ltd / Equity Bottom-Up

Samart Aviation Solutions Public Co Ltd (SAV TB)

<ul><li>Technically, the SET Index is expected to weaken, with the support levels at 1,236/1,230 points and resistance at 1,254/1,260 points.</li><li>In the medium term, the index remains in a zig-zag down downtrend, searching for a bottom within the range of 1,220-1,506 points.</li><li>In the short term, the first signs of a pullback have emerged after the index formed a lower high and lower low pattern for the first time since the technical rebound began on February 17 from the new low of 1,236.80 points.</li></ul>

Technically, the SET Index is expected to weaken, with the support levels at 1,236/1,230 points and resistance at 1,254/1,260 points.In the medium term, the index remains in a zig-zag down downtrend, searching for a bottom within the range of 1,220-1,506 points.In the short term, the first signs of a pullback have emerged after the index formed a lower high and lower low pattern for the first time since the technical rebound began on February 17 from the new low of 1,236.80 points.

<ul><li>Technically, the SET Index is expected to move sideways up, with the resistance at 1,372 points (200-day EMA)/1,380 points and the support at 1,360/1,355 points.</li><li>However, a warning sign of a potential correction has emerged as the index has entered the overbought area according to the stochastic.</li><li>Investors are recommended to wait to take profit at the resistance and then buy back when the index retreats.</li></ul>

Technically, the SET Index is expected to move sideways up, with the resistance at 1,372 points (200-day EMA)/1,380 points and the support at 1,360/1,355 points.However, a warning sign of a potential correction has emerged as the index has entered the overbought area according to the stochastic.Investors are recommended to wait to take profit at the resistance and then buy back when the index retreats.

<ul><li>Technically, the SET Index is expected to move sideways up, with the resistance at 1,372 points (200-day EMA)/1,380 points and the support at 1,360/1,355 points.</li><li>In the short term, the index is in an uptrend, having posted higher highs and higher lows for eight consecutive days.</li><li>We recommend stocks with positive factors: BJC, TLI (added to the MSCI Small Cap Index, effective this Friday), and SCB.</li></ul>

Technically, the SET Index is expected to move sideways up, with the resistance at 1,372 points (200-day EMA)/1,380 points and the support at 1,360/1,355 points.In the short term, the index is in an uptrend, having posted higher highs and higher lows for eight consecutive days.We recommend stocks with positive factors: BJC, TLI (added to the MSCI Small Cap Index, effective this Friday), and SCB.

<ul><li>Technically, the SET Index is expected to rise, with the resistance at 1,394 points (75-day EMA)/1,400 points and the support at 1,382 points (25-day EMA)/1,372 points.</li><li>A potential catalyst is the easing stances from the world's major central banks, which are positive for risky assets.</li><li>Any signals favoring an expedited pace of interest rate cuts this year would likely be viewed positively by the market.</li></ul>

Technically, the SET Index is expected to rise, with the resistance at 1,394 points (75-day EMA)/1,400 points and the support at 1,382 points (25-day EMA)/1,372 points.A potential catalyst is the easing stances from the world's major central banks, which are positive for risky assets.Any signals favoring an expedited pace of interest rate cuts this year would likely be viewed positively by the market.

Thailand

BEC World is a Thai media conglomerate primarily known as the operator of television Channel 3. The company provides content across various platforms, including terrestrial television, digital platforms (such as 3Plus), and global content licensing, along with supporting businesses like program sourcing, production, and distribution. BEC World was founded in 1967 and is headquartered in Bangkok, Thailand.

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BEC World (BEC TB)

Last Week In Event SPACE: Krungthai Card, VIOL, Melco, Singapore Post

It’s Sunday! Pour yourself a coffee, grab a comfortable seat, and sift through a brief summary of insights on various events discussed during the...

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Technically, the SET Index is expected to rise, with the resistance at 1,394 points (75-day EMA)/1,400 points and the support at 1,382 points...

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