Industry, Economic, General SET

PaulRen's picture

Thai broker often poor behavior.

Today my letter was published in the BKK Post. Where I dare to raise the often poor broker behavior in enticing retail clients to just trade, rather then invest. While this ill-practice is never mentioned, its one reason the SET has stalled and retail investors all but gone.

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PaulRen's picture

Thai Retail Investors dwindling.

From searching AI on Thai Retail investors participating it answered back exactly as follows:

"The trend is clear: Retail investors went from nearly half the Thai market → down to low-to-mid 30%. That’s a solid 10–15 percentage-point drop in just a few years. Foreign investors (and punters) are now the...

PaulRen's picture

Thai Stocks, remains a speculating dominated stock Exchange.

As we continuously see, on the Thai Stock exchange it's the same old-saga, for so long -even getting worse...for now. 

The stock mkt. here is/remains ever so over dominated by speculating on way-overvalued very, very few big cap stocks, or new IPO's, while the rest is all but ignored....even so at 1/10...

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Practice of some companies not following Foreign NVDR rights to new warrants.

More on the concerning newer practice of some companies now not following NVDR'r stated rights, despite residing in Thailand.

PaulRen's picture

Markets assume and deserve some rationality.

Speculators, say in stock and currency markets, can serve a useful purpose.

They provide liquidity and so more dept to markets. Not least and this is not bad, take advantage of mkt. discrepancies.

The problem in recent years is they have become more and...

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Thai stocks' globally best July performer. Record by far on share buy backs.

Record share buy-back by Thai listed companies finally tabulated and published.  July best performing stock mkt. globally in US$ terms.

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Thai share buy backs are at record high levels, but not reported.

Thai share buy backs (Treasury stock) are at record high levels -but not reported on now many -while China bashing by the West is alive and on-going.

PaulRen's picture

Dichotomy on the Thai Stock Exchange -will be changing.

Dichotomy on the Thai Stock Exchange should be changing.

As I foresaw some time ago (post calling the Covit mkt. bottom), the Thai SET remains in a prolonged broad bear market. Where a very few large cap stocks keep being dominant, while most all else is shunned.

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PaulRen's picture

To understand stock margin accounts better.

To understand stock margin accounts better.  The % amount a client on margin can borrow should always be regulated by the central bank. (CB) , not the brokers.

If a stock mkt. is very bearish, the CB may decide to increase the %, one can borrow on duly approved listed shares.  For example,...

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