2 solid choices during dire times
Thai stocks in general have been shattered this year.
Yet, perusing Thai broker reports you would not know:
1) There is a highly successful/profitable listed company here which actually benefits earnings wise, from the tame Thai economy -and even more so from the unsustainable Thai consumer debt..., while paying 5% dividends (or 8 times more then local Thai bank deposit rates).
2) As well as a prominent exporter to nearly all over the world in a defensive industry, so reaping higher profit margins and paying record high dividends due to soaring profits this year and likely next. A big beneficiary of demographics. Yet never pointed out here. But I have and do, with lots of experienced analysis on location. See my recent postings here on why and which 2 companies.
Paul Renaud
