Thailand deserves an applause for being one of the worst performing markets this year and it’s only 1 month into 2025. As the smartest man in Thailand commented: “…it can be said that Thailand’s socioeconomic structure has always enabled the ruling classes to be lazy, complacent and ignorant. The Chinese immigrants that provided the vitality […]

Jesus… -6% for the year, well there you go, it isn’t called amazing thailand for no reason. And that’s before today’s massive drop. Domestically, there’s been the continual noise on owners or the “value investors” that are being hit with margin calls, then you throw in the CPALL noise CPALL issues statement amidst 7-Eleven buyout […]

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Banks generated profit growth….look at the last 6 months performance of thai bank stocks, you may be pleasantly surprised. Financial repression (h/t to clever scottish fellow) works well for Thai Banking performance. Casino update – have a look at this Bangkok Post – Cabinet approves Port Authority revamp – does this mean that Port Authority […]

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And inline with Thailand’s usual underperformance the market is back to being an awful performer. Though with CNY coming up, lots of folks are going to be looking at their fortunes for the next cycle. Let’s see how this influences investments…(un)surprisingly oddly it does matter in Asia. Perhaps after this period of margin call fears […]

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