Is there anything positive in the market? Just look at the 12 month performance for every sector…I would normally say look at buying the sector that has underperformed over the past 12 months but wow…this means buy Thailand!

The popular news today is that the digital wallet news is coming back. Other than that…let’s see what happens. Over the weekend I watched this report on Thailand’s debt situation on youtube, https://www.youtube.com/watch?v=_hpCpEm6PeE. It’s everything we know i.e. demographics, people overspending, covid leading to multiple issues, and its decently made – worth your 40 mins. […]

I can’t think of a better picture for the Thai market at the moment. At the end of the day, all of these names have fallen or are falling for valid fundamental reasons. CPAXT and CPALL due to the potential investment into Seven & I and the potential stress on their respective balance sheets. OSP […]