Things may at last be changing on the SET.
Change may be coming on the SET, with an investor/trader new rotation into highly undervalued alternative highest dividend choices, so long neglected.
The past few days saw a very large sell-off in some of the most previously active -way over traded- big cap stocks here. Which dominated volume for many
months, while ignoring many of the more fundamental good stocks with dividend yields 5-7 higher, then those large cap. "monsters" .
Two observations:
1) It shows again how select big cap stocks here are not just
overvalued/over-traded, but at times also portray concerning corporate governance
concerns.
2) This may at last now prompt investors & traders to start looking
elsewhere -instead of this uber-obsession with liquidity on only a select big
cap's., which by any rational investor definition were way overvalued.
Hence, I have some new hope and am sharing my insights to contributing
members.
Season Greetings & Best Regards,
Paul Renaud.
Beyond Thaistocks.com