whosyourdaddy Posted May 28, 2004 Report Share Posted May 28, 2004 Been playing with the idea of the thai stock market, against the advice of everyone. Here is what I like. Anything from Taksin exept for Shin corp since I believe they may have to take the fall for the liverpool buy and the have a moderate size debt. (2 billionB) Siam Cement- Books look solid as far as have scene. The growth in these housing developments has got to give them a huge amount of growth in teh next 2 years CSLoxinfo. With the merger of the Biggest corperate and the Biggest customer companies and the introducation of their new high speed internet about to take off, I see some growth. Have not looked at the charts that closely yet. Everyone I talk to is high on Bangkok Bank since their books since good. As far as I am concerned credit it being given out to everyone and that could change. What do you think and why? Link to comment Share on other sites More sharing options...
Guest lazyphil Posted May 28, 2004 Report Share Posted May 28, 2004 Can we put Taksin in the stocks and pelt him with rotton Mangoes Sorry WYD--back to the subject in hand! Link to comment Share on other sites More sharing options...
samak Posted May 31, 2004 Report Share Posted May 31, 2004 Siam Cement: the Thai Cement industry is heavily depending on exports; Thailand is one of the big exporter of cement. there is at the moment high pressure on the Thai cement industry to cut back those exports due to environmental reasons (look at the quarries in the Saraburi area). the other divisions of Siam Cement (for example Paper) are doing well though. i would bet that Shin Corp will not take any responsibilities for the Liverpool deal! i personally would not invest in thai stocks at the moment as you never know how long the current economy upturn will last and i have seen the stock market turmoil back in 1997, when a lot of stocks lost over 90% of their former value. Link to comment Share on other sites More sharing options...
Guest Posted June 1, 2004 Report Share Posted June 1, 2004 and because of political convictions i would not put a baht into thaksin's stocks. bad enough that as a consumer it is already nearly impossible not to put money in his coffers, but stocks? - no way. Link to comment Share on other sites More sharing options...
bibblies Posted June 1, 2004 Report Share Posted June 1, 2004 You could buy a few token shares just so you can turn up at the annual general meeting and raise hell. Then again, probably either that won't be allowed in Thailand or nasty things would happen if it did (maybe involving the perpetrator and some Siam Cement boots? Hey, maybe that's why they're doing so well...) Link to comment Share on other sites More sharing options...
JJsushi Posted June 1, 2004 Report Share Posted June 1, 2004 I never liked any Thai stocks. Way too dificult to research on them. I opted instead to buy Thai mutual funds. Let the fund managers do your due diligence. They are much better informed and have access to relevant information that the average thai investor will not have Link to comment Share on other sites More sharing options...
bibblies Posted June 1, 2004 Report Share Posted June 1, 2004 Also don't trust the rule of law. If investors don't trust the rule of law in a country, they'll be much less likely to want to invest there. In Thailand, it still seems as though certain people can get away with anything. Link to comment Share on other sites More sharing options...
samak Posted June 1, 2004 Report Share Posted June 1, 2004 thai mutual funds? do you know how much of the profit goes into fees and commissions. and wasn't there the story about the monkey who throw dart arrows at a list of stocks and the monkeys selection of stocks outperformed the average mutual fund manager! Link to comment Share on other sites More sharing options...
bibblies Posted June 2, 2004 Report Share Posted June 2, 2004 No, that was a Patpong show girl with the darts. :hubba: Link to comment Share on other sites More sharing options...
Guest Posted June 2, 2004 Report Share Posted June 2, 2004 I think you're a year too late. Better to stay clear now; or at least have stop loss orders. Link to comment Share on other sites More sharing options...
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