Industry, Economic, General SET

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The value investor here remains stubborn and determined.

Submitted by PaulRen on Sun, 11/03/2012 - 3:50am

Here are some thoughts into the new week along with an idea revisited.  If people are not always coherent and suffer from many biases then so do markets which then are equally not efficient nor always rational.

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Inherent conflicts of interest. The villain of our times.

Submitted by PaulRen on Sun, 12/02/2012 - 4:57am

Beware of hidden biases which then tilts some in not telling you the whole story or worse make-up or twist realities, only so to financially or otherwise benefit from that.  That is the very definition what a professional should not do. Yet this seems ever more rampant in this day and age.

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Increased Market correlation not as true as reported.

Submitted by PaulRen on Wed, 08/02/2012 - 9:09am

The big theme is how global market move increasingly in tandem, but do they?  Not if you look beyond what institutions are constrained in doing.

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The Thai retail investor's untold advantage.

Submitted by PaulRen on Thu, 02/02/2012 - 8:51am

Thai SET has large market inefficiencies which should be turned to individual investor advantage!  Why do Thai smaller capitalized stocks trade at such discount?  The Thai individual investor's -too often untold- real advantage here!

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Experience of an Investor in Thailand, running Thaistocks.com.

Submitted by PaulRen on Sat, 03/12/2011 - 2:38am

Thai bank interest rates remain ver low -and this for many years already.  The SET market has been relatively boyant since the 2008 North Atlantic induced Financial crisis with this benchmark increasing some 30% since.  Yet, Thai retail broker account participation remains stagnent.  Is anybody there/here asking why this remains so?

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One can wait "until the cows come home".

Submitted by PaulRen on Sun, 20/11/2011 - 8:57am

Here is an e-mail Exchange with Mr. Andrew Stotz, CFA, which is the "Strategist and Managing Director, International Business,  for Kim Eng. Thailand leading broker.  

I have highest respect for Andrew -but dare to ask Kim Eng through him why they gear their research primarily to institutions -other then as seen from a...

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On Valuation of Stocks.

Submitted by PaulRen on Tue, 08/11/2011 - 8:06am

Fair stock valuation has both the rational and the not so rational features. Its the fear of loss and the joy of gain which are ever inexplicably intertwined.  Today I explain some of the more rational ways p/e ratio's are determined.  / The SET is bouncing back hence, a right view then not...

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The new frugal USA and EU -and what this may mean.

Submitted by PaulRen on Mon, 31/10/2011 - 3:42am

Taking some time off and away from the Thai floods so to asses larger global trends. More stable world oil prices may be the new normal.  Regardless, the time of green and renewable energy is now ingrained.

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The perfect storm -likely to hit its peak this week.

Submitted by PaulRen on Mon, 24/10/2011 - 3:36am

Regardless, among the misery beyond our shares, I just will not give up on Thai resiliency.

Its was a mistake not to get out of most Thai stocks weeks ago. It will be in time an even worse mistake to panic out now. ...

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