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Monday, May 6, 2024

Market Update 29/01 | ThaiCapitalist

This has been an absolute dog$hit period for the SET, at least we can say we’re not in HK nor Chynaaaaaaaaaa

But frankly even I’m running out of things to comment about this market. Let’s just bring down below book value so that we can start another bull market, perhaps throw in a discount rate of 7%, and let the USDTHB fall to 45-50. Thailand needs a good shock.

Perhaps a government could grow some 8alls and cancel the current concession/private-public deals that are in place which are ruining the balance sheet of the country as the government is overpaying for several of the infrastructure projects. Hmm this is a rant that would have to be expanded upon.

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