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

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Thai stocks SET benchmark have reportedly shown the best global monthly (July) performance in US$ terms -and company share buybacks here tallied 24 Bill. Baht for just the first six months already, beating the previous annual record of 23.6 Bill Baht for all of calender year 2020.  In late June '25, I turned Thai stocks bullish for the first time in over 3 years and clearly state so at my front page since then.   Of course, Thai stocks have had a tremendous bear run-sell off for 3 years, but seeing how record amount of share buy backs are occurring leaves one deducing many CEO's listed companies and its Boards believe, as I do, many Thai stocks are trading well below their intrinsic value. (See the table here below, by Bangko Post Graphics as published in today's Bangkok Post). 

Paul A. Renaud.
www.thaistocks.com