Industry, Economic, General SET

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Retail investors all but abandoning the Thai Stock exchange. Why?

Submitted by PaulRen on Mon, 18/12/2023 - 10:24am

Why are Thai Retail investors all but abandoning the Thai Stock exchange?  I know why.

I've been asked multiple times why in my long experienced opinion are Thai retail investors fleeing the Thai stock exchange ever more. When, as opposed, in the long past they made up bulk...

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As now is and has been in the recent past, just avoid Thai IPO's.

Submitted by PaulRen on Tue, 12/12/2023 - 9:47am

I just took a look at SET/MAI recent IPO’s -and not surprised in their demise to date, across the board.  Here below is the short consequtive tally as per the SET’s own web site, which there just shows the last 6:  

Here is the link: https://www.set.or.th/en/home, ...

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Risks in owning stocks, amplified in Thai shares.

Submitted by PaulRen on Tue, 18/07/2023 - 9:44am

There is only one thing which makes a stock price go up, more buying then selling.  There are many reasons for a stock price to drop, or even collapsing. In this article I address some of the real risks which come to mind…yes it’s a minefield and -alas amplified with...

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The Thai stock market is at crossroads.

Submitted by PaulRen on Sun, 16/07/2023 - 11:18am

At mid year 2023, the Thai stock market is at a major crossroad, will the bad take over the good?  The seemingly entrenched status quo is not helping.

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As of mid year the glass is half full. 3 dire concerns. But a silver lining.

Submitted by PaulRen on Sat, 01/07/2023 - 3:04pm

As of mid year 2023, the glass is half full as things look a bit more settled.  3 dire concerns I chose to address here.  But conclude with my long held silver lining, if you dare to get beyond the macro troubled reality.  "Investor jewels in the rough".

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Thai Stocks performance overall since 2014, is dismal.

Submitted by PaulRen on Tue, 06/06/2023 - 3:26pm

Since the current Govt. took over in 2014: if you strip-out DELTA & GULF (2 speculative counters with stratospheric p/e's of 78 and 45) , the SET has done terribly (say around -6 to -7%) over the past 9 years.  During a time USA and other stock markets have doubled, index wise. While...

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Is relationship vs. competence banking/good investor advise, now coming to an end?

Submitted by PaulRen on Sun, 26/03/2023 - 10:17am

Is "relationship banking", as opposed to competence, integrity & objective professional investor advise, stalling?

As a young business student at the University of Wisconsin in the 1970’s, I was made aware of an interesting publication called the “Wall Street Transcript” (WST). It was an A5 size large thick printed paper with perhaps...

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Relationship vs. competence investor practices.

Submitted by PaulRen on Wed, 08/03/2023 - 9:49am

So called "Relationship banking" vs. competence investor practices too often reign in high-tower offices.

Many global financial centers like say Singapore/Zurich/Geneva foremost practice what is called relationship (vs. performance) banking, and it reigns!
Mostly so because of course its difficult if not impossible to predict...

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Thai IPO's haywire. Another example.

Submitted by PaulRen on Mon, 30/01/2023 - 10:41am

Master Style Public Company recently IPO's at 46 Baht.  You had to decide between Jan. 17-19th if you wanted any. Yuanta was the broker.  Yet, the selling memorandum was not posted on the SET until Jan. 24th.  Here is the link:  https://weblink.set.or.th/dat/news/202301/23007596 (link is external) Hence a rational investor was in the dark about...

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