Some things never cease to amaze me. On occasion when I read the local daily newspaper, I often come away in awe on the regular dose of SET related confusing nonsense; which is too often tolerated and nurtured by the local business press.
The concern among regulators and economists is that after 30 years, the Stock Exchange of Thailand is still little more than a casino. Short-term stampedes, potentially devastating to any small savers who venture into the market, they say, also risk diverting investors from deserving companies seeking to raise funds.
One of these days, just when most will have given-up, there will be a reversal and the SET will charge upwards. It will happen when there is maximum frustration and or maximum boredom, by the traders and some investors alike.... (my ending words just before the end of the first quarter...
One of the main themes at Thaistocks.com is that the SET is wrongly regarded as a gamblers den for those who enjoy trading in highly speculative stocks. For years, Paul Renaud has been unearthing hidden stock gems that go along the theme of high dividends, promising growth and lower volatility....
Today I share my own updated view on the Thai bull market in stocks.
Two global concerns are the huge twin deficits in the US and the dropping dollar. Destabilizing stock risks are higher on that end, than risks in Thailand. Similar to October 1987, we could have a US...
The Taksin government and the SET itself are surprised at the extensive sell-off since the Bird flu news first hit. The volatility of the SET benchmark has surprised many. This needs to be rectified, but I keep asking do the various parties have the will power it will take to...
Why is the final closing number of the SET index different then first published at 4:30 PM -and can one enter buy/sell orders after the 4:30 PM "closing bell"? Why is this?
Here I give an explanation of this little understood 4:40 PM final closing rotation.
Well here we are in the middle of a healthy correction in a still healthy bull market. While its impossible to know how bad the Chicken Flu will get, I for one still believe the sell off will in time be viewed as a buying opportunity and that things will...