Introduction

PaulRen's picture
                                                     Thaistocks.com is about value & rational investing since 1997. 
            April 30 2021, marked the 24th anniversary of Thaistocks.com which is the oldest continuously & original running web site in Thailand.  Delighted that for over 2 decades helped many in becoming more knowledgeable & responsible stock investors -while often helped these create superior investor returns -as the long track record here shows.
Today, August 1st, as a Swiss, I/we celebrate the Swiss National holiday!
 
We are not investment-financial advisors/nor fund managers, just publishers of unbiased & experienced & professional viewpoints.  "INTEGRITY IS MY COMPETITIVE ADVANTAGE".  

Since April 30 1997, I have full time and with passion delivered professional, objective, unbiased Thai stock market investor opinions & views.  Creating substantial new wealth over time. Visited in person over 150 CFO/CEO's of Thai listed companies. Then wrote company visit reports-views & pictures for contributing members  which most all renew year after year.  Members benefit to better stock market direct investing knowledge & to superior investor returns over time.  The long record shows this through regularly published model portfolios.  Fully documented latest investor returns, see this link (first register as a free member, see just below):  https://thaistocks.com/content/ending-2nd-model-portfolio-today-stay-tuned   To register for free takes less then 2 minutes, visit this link:  https://thaistocks.com/user/register

My message to many of you:  Investor apathy...many are "permabears", where one deliberately or not considers worst case scenarios and solely see and fear downside in any investment -resulting in never dare taking the plunge.  Stuck to investor mediocrity for years..in good part due to the ever dominant negative spinning news by mass-media. 
 
The painting on the right is by Miguel Peidro by my private art collection. I own 12 original paintings by him -and so am from what I know the biggest single collector.
 

Thaistocks.com is an intelligent investment club sharing unbiased, objective & professional viewpoints full time, since April 1997.  Through this media I have posted proprietary professional viewpoints, articles, over 100 in-person company interviews with managing directors full time since April 1997.  I present added value investor& unbiased intelligence viewpoints on all aspects to successful long term  investing in Thai stocks.  In early 2017, I turned increasingly Thai stocks frustrated -and so bearish.  But the massive SET drop of in mid March 2020, was a "game changer"!    

Why are US stocks and others in general doing rather well, while (its) economies are just now recovering?  Stocks appear overvalued to those whom don't understand that valuations' are inversely related to the level of interest rates, which have gone to zero or even negative in many developed countries.  Stock prices are often driven by liquidity and sentiment buoyant in these dire times -but getting better with a CV19 vaccine roll out.  Stock markets are always forward looking.  As/if US interest rates increase more (they suddenly have going into April 2021) both in the US and in Thailand this will work against stock prices, especially highly priced technology stocks.  But at the same time, economies are now roaring back due to massive vaccination in the developed world now taking place along with plenty of pent up demand and government spending. How sustainable this is, is yet to be seen.  In the meantime the key is to own fundamental solid companies which pay high dividends, my forte on location sine 1989.

IF you are interested in a contributing membership delivered by a along experienced pro. in SE Asia's second largest economy contact me directly at:  paularen@gmail.com   
With over 30 years on location, full time engaged in Thai stocks and with a previous professional background at the high level.  View my resume here: https://thaistocks.com/content/about-us-0 

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March 23 2021.  The changing colors of the Thai stock exchange,  SET.  Participation in the SET by individual retail investors has all but dwindled in recent years.  The % of total trading volume by individual investors used to be around 65 to 75% for many years, then dropped to as low as 35%, but in recent months has come back.   But it has recently bounced back in good part due to people staying/stuck at home, trading shares and with good reason.  If you are interested see this SET link, where one can monitor the participating percentages, as shown by investor type:  https://marketdata.set.or.th/mkt/investortype.do?language=en&country=US
 

"In SE Asia there are many great stock investor opportunities as the mega institutions only chase big companies. In fact some 70-75% of the Thai economy is generated by smaller or mid-sized firms.  Hence there are real "diamonds in the rough"...and these "taste great and are less filling"... but you will not find them in billion dollar institutional portfolios' and rarely advocated by Thai brokers nor written up in the press."   Paul A. Renaud. 

Thaistocks.com excels at investor performance over time through the rational and responsible value investing concept  -as seen objectively from a pro's investor point of view. Value investing here means growing earnings per share over time along with high dividends in understandable & what I perceive to be good investments, away from the tourist industry. We are not stock promoters nor punters, never receive any remuneration of any kind from any listed company!  We here in the past published responsible & unbiased viewpoints, uninterrupted since 1997.

As here documented to members all along: the full track record from year 2003 to inclusive 2015.  Since year 2003, I  regularly posted 6-month model portfolio's which can be accessed only by members.  Hence a documented track record as witnessed by all members all along until year 2016.

"I have appreciated your viewpoints this past year and am very happy with the results   Thanks again. I much look forward to reading the most intelligent economic/investment writing about Thailand to be found anywhere in the world.  Especially in terms of the performance of my investments. But also in expanding my knowledge of the workings of the SET."  A Member comment.  

Comments given in the past by professionals:  Click here - 
30 year expertise, viewpoints and independent research -full time- so to help create new wealth through the value and high dividend investing theme. This through my long on location expert knowledge, experience and strong connections in the segment of smaller and medium-sized Thai companies. Thai Stock Exchange is open to foreign investors since 1976.  I know it like very few others here.. despite many traps for some of us its the right and rational way to higher investor returns over time -along with often lower than market volatility.  


We are not stock promoters and never receive fees/payments of any kind from any company we follow or view positively here, or otherwise!   I focus 100% on what I do best which is finding high dividend stock "gems" and then so shared to our members.  Reputation of companies is key to investing and here my 30 years experience, besides objectivity, is paramount. ****   


For 30 on location I have with focus, passion, high ethics and determination excelled giving viewpoints as seen from the Thai stock value investors' point of view..  The many years continued model portfolio's track record -as witnessed by our members all along- is validated as follows: 

 Calendar Years:     2003   2004   2005   2006    2007   2008   2009   2010    2011    2012     2013   2014:

% change each year: 88% (14)%  82%   32%  42%   (40)%  55%  50%  17.8%  45%  (year 2012),  12.8% (year 2013), 37.95% (year 2014)

Simple average, over past 12 years:         34.7 %,  per year.
Geometric average, over past 12 years:   28.8 %,  per year.



Above shown track record is with no financial leverage...no stock shorting or hedging/puts which larger portfolios employ.  I realize, this is "armchair investing" and not necessarily my own, yet it's all based on documented model portfolio to contributing members all along.  Of course future returns will go down and up and there are never guarantees.  Past performance is never a guarantee to future returns and since 2016 smaller and  mid cap stock have overall much lagged the SET index, as I here have started to point already 3 years ago. This lagging has continued well into late 2019.  But the V19 horror has become a game changer and a new order is emerging.

To know more about -and to contact us click Click here - 

Best Regards,

Paul A. Renaud.
www.thaistocks.com
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Paul A. Renaud

from Morgan Stanley USA, to over 30 years on location analyzing the Thai stock market.  

"Devoted to growth, low valuations and high dividends."  " Integrity is my competitive advantage".
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www.thaistocks.com