Well that was a fun day watching the news of DTAC and TRUE finally hit the wires properly. After nearly 6 months of going back and forth it’s effectively confirmed. Here’s a thread I put out since Friday til this morning

Dtac & True. Watch for the stake Telenor will get in the merger. https://t.co/vOf1m32GF1

— Pon Van Compernolle (@gvancomp) November 19, 2021

Now for the Thai market overall. It looks like the 3 big sectors that are going to continue running are 1) Energy related 2) Telcos (+ tech now?) 3) Banks.

The 3Q #s beat expectations being up +16% (QoQ), and this was during a lockdown period. My only annoyance is the weakness in the USD THB which means the SET has basically gone nowhere in USD terms.