Just have a look at the USD/THB since covid started, THB is now -17%

And what is green for the year? Only the MAI and tourism names. Ouch.

The government here has decided, similar to some silly Western Governments, to potentially cap the profits of the refiners….great…where was the government when these guys were losing money? Then again TOP is a state owned enterprise…

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.