Asia Pac ECM and Index Rebal, Shenton Research

Ke Yan, CFA, FRM

Asia Pac ECM and Index Rebal

Asia Pac IPO & Placement Research, China Biotech

DZT Research

DZT Research is an independent Asia Pacific equity specialist. Our quantitative research covers index rebalancing flows, alongside exchange data analytics accross Asia Pacific. On the equity capital markets side, we focus on Asia Pacific ECM, especially biotech and TMT. Our lead analyst is frequently cited by international media.

Quantitative Analysis

<ul>
<li>We analyzed the changes in short interest of Stock Exchange of Thailand as of Jan 3rd.We estimate that they had an aggregated short interest worth USD1.9bn.</li>
<li>We tabulate league table for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.</li>
<li>We highlight short interest changes in Cal-Comp Electronics, JMT Network Services, VGI, Delta Electronics, CP ALL, Kasikornbank, SCC.</li>
</ul>


We analyzed the changes in short interest of Stock Exchange of Thailand as of Jan 3rd.We estimate that they had an aggregated short interest worth USD1.9bn.
We tabulate league table for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.
We highlight short interest changes in Cal-Comp Electronics, JMT Network Services, VGI, Delta Electronics, CP ALL, Kasikornbank, SCC.


Thailand Short Interest Weekly (Jan 3rd): Cal-Comp Electronics, JMT Network Services, VGI

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

<ul><li>Technically, the SET Index is expected to weaken, with the support at 1,370/1,360 points and the resistance at 1,390/1,395 points.</li><li>We recommend selling first and waiting to buy back at the support.</li><li>If LTF redemptions exceed fund managers' projections, this can intensify selling pressure on held securities.</li></ul>

Technically, the SET Index is expected to weaken, with the support at 1,370/1,360 points and the resistance at 1,390/1,395 points.We recommend selling first and waiting to buy back at the support.If LTF redemptions exceed fund managers' projections, this can intensify selling pressure on held securities.

Daily Market Outlook and Strategic Stock Picks

<ul>
<li>We analyzed the changes in short interest of Stock Exchange of Thailand as of Dec 27th.We estimate that they had an aggregated short interest worth USD2.1bn.</li>
<li>We tabulate league table for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.</li>
<li>We highlight short interest changes in Bangchak, Gulf Energy Development.</li>
</ul>


We analyzed the changes in short interest of Stock Exchange of Thailand as of Dec 27th.We estimate that they had an aggregated short interest worth USD2.1bn.
We tabulate league table for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.
We highlight short interest changes in Bangchak, Gulf Energy Development.


Thailand Short Interest Weekly (Dec 27th): Bangchak, Gulf Energy Development

Central Retail Corporation / Equity Bottom-Up

<ul><li>Technically, the SET Index is expected to move sideways up, with the resistance at 1,394/1,403 points (10-day EMA) and the support at 1,380/1,374 points.</li><li>We continue to recommend buying, focusing on the following sectors and stocks: banking: KBANK, SCB, TTB, TISCO; and consumer-related stocks: CPALL, CRC, ADVICE, HMPRO.</li><li>The Cabinet meeting is expected to gradually announce additional measures as New Year gifts.</li></ul>

Technically, the SET Index is expected to move sideways up, with the resistance at 1,394/1,403 points (10-day EMA) and the support at 1,380/1,374 points.We continue to recommend buying, focusing on the following sectors and stocks: banking: KBANK, SCB, TTB, TISCO; and consumer-related stocks: CPALL, CRC, ADVICE, HMPRO.The Cabinet meeting is expected to gradually announce additional measures as New Year gifts.

Cabinet Meeting and New Year Gift Measures

<ul>
<li>We analyzed the changes in short interest of Stock Exchange of Thailand as of Dec 20th.We estimate that they had an aggregated short interest worth USD2.0bn.</li>
<li>We tabulate league table for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.</li>
<li>We highlight short interest changes in PTT, CP AXTRA NON-VOTING DR, Bangchak, Kasikornbank, Gulf Energy Development.</li>
</ul>


We analyzed the changes in short interest of Stock Exchange of Thailand as of Dec 20th.We estimate that they had an aggregated short interest worth USD2.0bn.
We tabulate league table for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.
We highlight short interest changes in PTT, CP AXTRA NON-VOTING DR, Bangchak, Kasikornbank, Gulf Energy Development.


Thailand Short Interest Weekly (Dec 20th): PTT, CP AXTRA NON-VOTING DR, Bangchak, Kasikornbank

Thailand

CP ALL Public Company Limited operates 7-Eleven convenience stores as the sole licensee in Thailand, offering a wide range of food and non-food products. The company also engages in wholesale and retail businesses, including Makro, and provides related services such as bill payments, food production, and retail equipment. CP ALL was founded in 1988 and is headquartered in Bangkok, Thailand.

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CP ALL (CPALL-R TB)

Thailand Short Interest Weekly (Jan 3rd): Cal-Comp Electronics, JMT Network Services, VGI

We analyzed SET short interest report for the past week and highlighted short interest changes in Cal-Comp Electronics, JMT Network Services, VGI,...

Ke Yan, CFA, FRM

Daily Market Outlook and Strategic Stock Picks

Technically, the SET Index is expected to weaken, with the support at 1,370/1,360 points and the resistance at 1,390/1,395 points. We recommend...

Krungthai XSpring

Thailand Short Interest Weekly (Dec 27th): Bangchak, Gulf Energy Development

We analyzed SET short interest report for the past week and highlighted short interest changes in Bangchak, Gulf Energy Development.

Ke Yan, CFA, FRM

Cabinet Meeting and New Year Gift Measures

Technically, the SET Index is expected to move sideways up, with the resistance at 1,394/1,403 points (10-day EMA) and the support at 1,380/1,374...

Krungthai XSpring

Thailand Short Interest Weekly (Dec 20th): PTT, CP AXTRA NON-VOTING DR, Bangchak, Kasikornbank

We analyzed SET short interest report for the past week and highlighted short interest changes in PTT, CP AXTRA NON-VOTING DR, Bangchak,...

Ke Yan, CFA, FRM

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)