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Monday, April 29, 2024

Market Update 31/05 | ThaiCapitalist

It’s going to be an interesting period.

  • Reopening themes will return stronger
  • Commodities may still continue their run
  • Bad debt is going through the roof, this latest wave was a proper nail in the coffin to the last standing few, that haven’t adjusted their business models.
  • Anyone else notice the strong performance of the MAI over the past 12 months?

Despite my tone sounding rather negative I’ll give a few good things out there.

  • The recovery will be far sharper than people realise.
  • I know independent F&B’s that are rocking and rolling, they went online quickly, used social media well and are beating the chains. This applies to several private businesses. Opportunities are there.

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