Blogs

An  astute investor can check insider buying or selling by company directors or their key insiders.  Such share transactions-activity must be filed to the SEC regulators, as in Thailand they must and do.   While insiders may have many reasons to sell;  there is only one reason why they would buy.  An insider may have to pay for a wedding, a new car,  an education for his/her children, a trip, a new house,  etc...but when an insider buys it just about always means they think their stock is presently undervalued.  Of course, they can be too early or late or outright wrong, but its a solid additional investor tool to confirm other supporting fundamental analysis -when considering investing in a listed companies's stock.  We here follow such activity consistently.

As the year 2015 is coming to an end we have noticed and so reported to contributing members some rather large insider-buying on a number of companies I follow -and like.  Its pretty obvious to me that more then a few directors and other significant insiders seem to think as I do that Thai stock selling is overdone... some companies's stock price are now at levels which go begging.  Insider buying/selling is perfectly legal as long as its reported in a timely fashion as required to the Thai SEC.   It also looks increasingly clearer of late that the Thai economy has bottomed and is ready to gradually recover into next year. Hence I refuse to turn bearish and instead think the SET market is establishing/bouncing on a significant bottom at current levels of 1260 and patient investors will be rewarded.

When/if attending so called Financial Investor seminars.

When attending so called financial seminars do these explain or at least touch on the often smaller cap. stocks investor advantage individuals can have?  Do they explain or at least touch on the often inept or outright conflict of interest many brokers/marketing officers may have towards retail investors?  Do they empower you, as seen from your investment interest;  or are they just gearing up toward selling you some new investor product?  These should be among the real tests on viability, credibility and objective validity of so called flourishing investor conferences...,yet too often turned into a sales pitch in disguise.