robbie36 Posted November 1, 2007 Report Share Posted November 1, 2007 Beats working? Link to comment Share on other sites More sharing options...
English_George Posted November 1, 2007 Report Share Posted November 1, 2007 ..."Dub be good to me" - Beats International "Tank fly boss walk jam nitty gritty, you're listening to the teacher from the big bad city...... .....this is Bangkok......this is Bangkok" ....Where do I start? .....What's likely to float? ......How much do I need to invest? ...79 Link to comment Share on other sites More sharing options...
Cosmo Posted November 1, 2007 Report Share Posted November 1, 2007 What a Spectacular recovery since August!!! Link to comment Share on other sites More sharing options...
Matthew Posted November 1, 2007 Report Share Posted November 1, 2007 goes up goes down oh well, never mind, let's have a singha beer Link to comment Share on other sites More sharing options...
hbkbkk Posted November 1, 2007 Report Share Posted November 1, 2007 I invested in the chinese and india market. I am up 40 percent return for the year. thailand should do better after the election. you have to think long term if you are going to invest in thai market. you got to have stomach for the up and down. Link to comment Share on other sites More sharing options...
robbie36 Posted November 1, 2007 Author Report Share Posted November 1, 2007 I invested in the chinese and india market. I am up 40 percent return for the year.thailand should do better after the election. you have to think long term if you are going to invest in thai market. you got to have stomach for the up and down. Actually it is one of the reasons I like the Thai stockmarket - it actually has some decent fundamentals. At the beginning of the year the PE of the market was a little over 8 (what downside is there on that?) and although the market has risen 40% this year the PE is only about 11. I reckon you are just very brave investing stocks where PEs are 40-50x and you know it isnt going to last for ever. Thailand once got to a PE of 36x at the end of 1993 when the stockmarket peaked at 1783 - should get back there within the next 5-10 years. Link to comment Share on other sites More sharing options...
English_George Posted November 1, 2007 Report Share Posted November 1, 2007 ....It's all Greek to me........... .......Greek stock market, great returns, great PE, ....Tsatziki up 4% .......I'm up 40% for the year.............usually get 8-9 hours sleep a night ....seriously though guys, how much do you need to dabble on the Thai stock exchange? ...Or is it one of those "If you have to ask..." questions?" ....79 Link to comment Share on other sites More sharing options...
robbie36 Posted November 1, 2007 Author Report Share Posted November 1, 2007 ....seriously though guys, how much do you need to dabble on the Thai stock exchange? Stockmarkets especially in Asia have been made very friendly to retail investors. I just got back from visiting artists in Vietnam - now there all the artists punt the stockmarket like crazy. Its mad - you go there to discuss art and all they want to do is talk about ipos. Seriously there is virtually no such thing as a minimum trade, minimum commission or a small punter. There are loads of 'investors' out there with 10 stocks - Bt10k invested in each and a portfolio of Bt100k. Link to comment Share on other sites More sharing options...
hbkbkk Posted November 1, 2007 Report Share Posted November 1, 2007 just get an onine account, you can start as low as 10k. example: settrade.com Link to comment Share on other sites More sharing options...
zeusbheld Posted November 1, 2007 Report Share Posted November 1, 2007 ....It's all Greek to me..................Greek stock market, great returns, great PE, ....Tsatziki up 4% .......I'm up 40% for the year.............usually get 8-9 hours sleep a night ....seriously though guys, how much do you need to dabble on the Thai stock exchange? ...Or is it one of those "If you have to ask..." questions?" ....79 interesting question. i don't believe in the concept of "if you need to ask". if i could afford to finance "lord of the rings trilogy" out of pocket, i'd damn well want to know EXACTLY what's going on with the budget. as far as i'm concerned the catch phrase *should* be "if you can afford it then yes, you need to ask." question for robbie36 (or anyone who knows): how stable do you see the thai market in the long run? how much impact do you foresee from political turbulence that may or may not happen within the next ten years or so? Link to comment Share on other sites More sharing options...
hbkbkk Posted November 1, 2007 Report Share Posted November 1, 2007 http://www.settrade.com/S09_MemberPage.jsp?txtBrokerId=IPO Link to comment Share on other sites More sharing options...
robbie36 Posted November 1, 2007 Author Report Share Posted November 1, 2007 just get an onine account, you can start as low as 10k.example: settrade.com Dont think you can trade through them (they are the stock exchange). Try www.poems.in.th But an online trading account is the way to go. It really is very easy. Commissions are 0.5% maximum. Link to comment Share on other sites More sharing options...
waza Posted November 1, 2007 Report Share Posted November 1, 2007 the Thai market does look attractive, Thailand doesnt have a capital gains tax Link to comment Share on other sites More sharing options...
beej Posted November 1, 2007 Report Share Posted November 1, 2007 All very interesting, I'd like to dabble but will stick to Art and Real Estate for a bit longer. Link to comment Share on other sites More sharing options...
zeusbheld Posted November 1, 2007 Report Share Posted November 1, 2007 All very interesting, I'd like to dabble but will stick to Art and Real Estate for a bit longer. real estate is less risky in the long run. stocks tend to be high risk high reward. Link to comment Share on other sites More sharing options...
robbie36 Posted November 1, 2007 Author Report Share Posted November 1, 2007 All very interesting, I'd like to dabble but will stick to Art and Real Estate for a bit longer. Well as I pointed out the SET has been a pretty bad investment over the past 15 years. Still it would have been just as difficult to make money in property - prices in BKK are only just back to their 1991 levels in US dollar terms. You would however have done pretty well if you had bought prime beach side property in Phuket (even better if you had bought raw land). As for Thai art - now that would have been really tough. I guess Thawan Dachanee works picked up 15 years ago would have done pretty well. And works by Chatchai Puipia even better - but I dont know anyone who did it.... Link to comment Share on other sites More sharing options...
beej Posted November 1, 2007 Report Share Posted November 1, 2007 All very interesting, I'd like to dabble but will stick to Art and Real Estate for a bit longer. Well as I pointed out the SET has been a pretty bad investment over the past 15 years. Still it would have been just as difficult to make money in property - prices in BKK are only just back to their 1991 levels in US dollar terms. You would however have done pretty well if you had bought prime beach side property in Phuket (even better if you had bought raw land). As for Thai art - now that would have been really tough. I guess Thawan Dachanee works picked up 15 years ago would have done pretty well. And works by Chatchai Puipia even better - but I dont know anyone who did it.... **** Thai art I wouldn't piss on it for an investment. Nothing can make a fast buck more than art at the moment in the US/UK its gone all 80s again. Link to comment Share on other sites More sharing options...
beej Posted November 1, 2007 Report Share Posted November 1, 2007 managed forestry as an industry outpaced both real estate and the stock market over the 60 years prior to 911... stats kinda get screwy after that.had a tip on where Taksin's money was going after he cashed out of Shin unfortunately the coup came at a very bad time for those tipped the nod Man City Link to comment Share on other sites More sharing options...
robbie36 Posted November 1, 2007 Author Report Share Posted November 1, 2007 f*ck Thai art I wouldn't piss on it for an investment. Nothing can make a fast buck more than art at the moment in the US/UK its gone all 80s again. I thought it was all getting rather toppy.... Damien Hirst having to buy his own work and all. http://www.artnet.com/magazineus/news/artnetnews/artnetnews9-04-07.asp I rather like the idea that some of the better artists from Vietnam, Indonesia and Thailand will possibly join some of the other emerging markets such as India, Russia and China. Link to comment Share on other sites More sharing options...
beej Posted November 1, 2007 Report Share Posted November 1, 2007 f*ck Thai art I wouldn't piss on it for an investment. Nothing can make a fast buck more than art at the moment in the US/UK its gone all 80s again. I thought it was all getting rather toppy.... Damien Hirst having to buy his own work and all. http://www.artnet.com/magazineus/news/artnetnews/artnetnews9-04-07.asp I rather like the idea that some of the better artists from Vietnam, Indonesia and Thailand will possibly join some of the other emerging markets such as India, Russia and China. If you like long shots its all yours, I've done all my buying for now just looking forward to the selling. Link to comment Share on other sites More sharing options...
Cosmo Posted November 1, 2007 Report Share Posted November 1, 2007 lets not pop the champagne bottle yet the market is turning for the worse again. :shock: looks like tomorrow will be a bad day. :cry: Link to comment Share on other sites More sharing options...
stegee Posted November 1, 2007 Report Share Posted November 1, 2007 lets not pop the champagne bottle yet the market is turning for the worse again. :shock: looks like tomorrow will be a bad day. :cry: it's only money, van!! Link to comment Share on other sites More sharing options...
Cosmo Posted November 1, 2007 Report Share Posted November 1, 2007 lets not pop the champagne bottle yet the market is turning for the worse again. :shock: looks like tomorrow will be a bad day. :cry: just badluck for the ppl who play option...and that contract will finished tomorrow :roll: not tomorrow...but the end of the month.... :roll: any way, I went short yesterday. Link to comment Share on other sites More sharing options...
babyoiy Posted November 1, 2007 Report Share Posted November 1, 2007 :roll: I'm not interested in the investment. My porfolio looked so boring... even it was just a game. Link to comment Share on other sites More sharing options...
robbie36 Posted November 1, 2007 Author Report Share Posted November 1, 2007 question for robbie36 (or anyone who knows): how stable do you see the thai market in the long run? how much impact do you foresee from political turbulence that may or may not happen within the next ten years or so? As I said earlier, the Thai market is inherently 'cheap' and therefore quite 'stable' for an emerging market. What I mean by that is that it is generally the high flying stocks and stock markets that show the very high volatility. I reckon the riskiest stock I own is Apple. Ok it is a great stock - all its products are selling well but everyone knows that and it sells on a PE of something like 35x earnings. I like the stock, I think it will continue to exceed everyones expectations but it wouldnt take much of a slip - some major virus in its iphone that required a product recall - and the stock would halve overnight. Stocks in Thailand sell on PEs typically of around 10x earnings (and often as low of 5-6x earnings and a P/BV of 0.5x). People realise the government is crap, the economy is crap and management of most companies are totally hopeless - they simply dont expect much. So on a day when there is no bad news in Thailand, the stocks go up. The SET is the long forgotten world of investment - the stockmarket peaked in January 1994, a long long time ago - it is not a high flying market. If you want internet boomsville markets you need to go to Vietnam India or China. Link to comment Share on other sites More sharing options...
Recommended Posts
Please sign in to comment
You will be able to leave a comment after signing in
Sign In Now