Introduction-a new era has begun.
November 21 2020: Against much odds and confounding the bears, Thailand's SET redounded nicely while so surprising many. My model portfolio published for members further increased its lead over the SET benchmark index. To me it was outright stupid to be negative on Bangkok Bank (BBL 121) which dropped below 100 Baht, just a few weeks ago. Presently I am very bullish on STGT (72) where I just today published my latest core reasons why with high enthuse into 2021. Rubber/examination gloves is the new Gold and Thailand is a global leader.
October 26th. Thailand's stock market took a turn for the worse when student lead rebellion emerged with gusto over the past week or so. Changes, often for the better, require turmoil to get there. The turmoil is now a sagging market along with CV19 which does not seem globally tamed. There are select stocks/companies which are still doing well here and will emerge as winners but at this juncture "the lower tide is sinking all boats". The Thai Baht is at last weakening some which should bode well for some exporters. However the economy remains far from stabilized with still much uncertainty abound. There is some light at the end of the tunnel with vaccines and better cures coming on CV19, but most govt.s seem determined to reign in the grips and use this health catastrophe to reduce broad freedoms, some perhaps for good? Let's hope not. Some new normal will re-emerge at some point and stock markets are always forward looking