Industry, Economic, General SET

PaulRen's picture

The performance leaders for years.

Smaller cap value shares here have been the performance leaders for years. They taste great and are less filling. The key however is to try to avoid the long confirmed "wall flowers"; these stay stuck for various reasons well known to long time seasoned investors here.

PaulRen's picture

The new global view, post US mortgage mkt. deluge.

In the near future the average emerging country's stock market p/e's should command a premium, not a discount as in the past.   After all these got the reserves, the growth to come and large account surpluses; further as recent events in the past 10 years events show, many of the financial...

PaulRen's picture

The US induced latest financial scandal.



The big cap gnomes are getting butchered... as often in the past, the risks turned out to be the large cap.s, not the less liquid Thai value shares! 

As we see, the real leveraged risks are

...

PaulRen's picture

Beefy yet not unreasonable, if they are good.

Hedge funds practically cannot invest in smaller cap value shares, take beefy yet not unresonable fees...that is OK, but only if they are above average & proven money managers. Such fees are the industry standard for managing money, not just hedge funds.  Here is short review/update on this explosive industry....

PaulRen's picture

A change to balance a smaller cap portfolio.

 A mix of themes-and then a major announcement going forward. 

---On avoiding the wallflowers of Thailand.

---The new earnings tournaround choice has started to move up.

---Large caps have some large catch-up potential, so don't get left behind.

PaulRen's picture

On how to get started investing in Thai stocks.

Here is a timely article on how a foreigner to Thailand can get started investing in what appear to be well undervalued Thai shares.  The SET benchmark index, just now around 700, is so at a lower levels then at year end of 2003 and beginning of 2004.

The Thai...

PaulRen's picture

The more innovative and with better adopting strategies.

The unending tension between preserving forces of tradition and the transforming forces of change. Large blue chip companies are often defined as being large and dominant and so viewed as "more stable", yet as the record shows they are nevertheless prone to big risks over time. In Thailand harmony &...

PaulRen's picture

Too high foreign reserves and exporting too much.

Thailand has a problem. Its currency is too strong as its exporting too much. Here is my one page explanation what the key problems are...and I then pick two stock for you, which should benefit from the rational solution/outcome.

PaulRen's picture

Some SET stocks undervalued and under appreciated.

In the past several years, despite impressive investment returns here documented all along, we had equally turbulent times but people seem to forget. Have you? Some local brokers are already now advocating investors favor smaller cap companies this year. As these enjoy a far lower corporate tax rate and besides...

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