Market Update 14/07
Could the upside for Thailand be that there just isn’t any selling pressure left?
2Q earnings are starting soon, let’s see….perhaps all the crap is already priced in.
Could the upside for Thailand be that there just isn’t any selling pressure left?
2Q earnings are starting soon, let’s see….perhaps all the crap is already priced in.
peter satrapa-binder
it may be priced in already. for example when trump sent the letter with the 36% tariffs to thailand and it was published the market barely reacted. so i guess this was expected.
also the market is that low that some companies really have very low P/E ratios and high dividend %ages. but i guess one has to be very selective.
Paul A. Renaud
Yes, much agree and say so at my front page since late June ’25: Thai stock selling is exhausted post nearly 4 years of relentless down winding by foreign & local institutions and retail clients. The punters as well are burned out. Hence the SET broadly, despite still lots of negative news, looks/is bottomed out. More and more are catching on to what I wrote for some time: the so called yield gap here is astoundingly/record high never seen before i.e. 0.3% yield in Thai bank savings accounts at 15% tax vs. 5-8% on relatively quality various Thai stocks at 10% tax.
Pon
No different in way to how to how the HK market looked just 18 months ago. Stock markets don’t always need a macro reason to perform well…