Thread: Thai Stocks / Shares and the SET general news

Originally Posted by ChalkyDee

I opened a bank account called TMB50, based on the SET50. I made over 10% in the last year, including dividend. Easy to open - Thai Military bank.

Not as good as my Omise Go crypto that I bought at 20 baht in July, which is now 300 baht and going to soar. Also, got a lot of Kyber KNC, which is the next big one.

I didn't know about the 'TMB50' ... good find.

Originally Posted by Dragonfly

if all you do is logon into your UK bank account and buy some kind of UCITS at market price, then you are not really trading since you do not have a limit price in mind

You really are quite the pompous know it all. LMAO, as if placing limit orders makes you Leo Di-freaking-Caprio.

Originally Posted by Dragonfly

with SET, like most bourses, you can play the bid/ask thing and get the trade at the cost that you want, instead of paying immediate market price that only impatient fools go for

Or try this one: A fool tries to get a better price than the market will ever give him, and the stock tears away from him on the high end leaving him dry when he could have been in the money. See how that goes?

redhaze, you silly fraud, investing is not entering limit orders on a computer terminal, anyone can do that and I have people for that

and DiCaprio was playing a fraudster, not a trader, you silly ignorant amateur

trading and investing are two different things, but you wouldn't know that

Originally Posted by Dragonfly

and I have people for that

Bwahahahahaha

Originally Posted by David48atTD

Dragonfly, it would be appreciated if, instead of yelling at member contributing to the thread that you had a positive contribution instead.

Maybe you can offer up specific advice on a stock/share which you think is undervalued and the potential for that stock/share.

I think we all want to make money and stay invested in good shares.

Thanks

wot e said

w

I did, and all I got was Red haze venting his frustration to me with his usual attacks

the poor unsecured little thing had to be put back into his place,

Originally Posted by Dragonfly

the poor unsecured little thing had to be put back into his place,

Or you just looked like a dumb lout per usual. AKA reality.

Originally Posted by Dragonfly

I have people for that

Oh man, that's not gonna get old anytime soon.

Originally Posted by redhaze

Or you just looked like a dumb lout per usual. AKA reality.






Oh man, that's not gonna get old anytime soon.

only in your unsecured little head

and you don't have people for trading ? what kind of amateur are you !!!

Originally Posted by redhaze

Ok enough about butters and his rantings, I'll go ahead and post some random thoughts here to ponder and hopefully encourage discussion.

With the market just skyrocketing lately, valuations at near historic highs, equities are overpriced, values are harder to come by, and dividends are mostly shit I think that's all pretty clear. History tells us this will come crashing down at some point just like it always does. In the meantime, however, there is nowhere else to put our money so we are in.
!

you are calling this deep thoughts ? this is what everyone is saying already but thanks for telling us again what is all over investment websites

But how do we manage risk in a risky environment?

well playing with stop-loss is not going to help you mitigate risks, just saying, so maybe you should look else where to manage risks

As others have said, participate or go away

Originally Posted by Dragonfly

and you don't have people for trading ? what kind of amateur are you !!!

The type of ameteur who picks and manages my own investments

Originally Posted by Dragonfly

well playing with stop-loss is not going to help you mitigate risks, just saying, so maybe you should look else where to manage risks

See if you actually had something to add you'd be throwing out more than hot air. But you clearly don't. Time to let the adults talk now

Originally Posted by redhaze

Time to let the adults talk now

you are clearly not one of them since you came here with your usual unwarranted attacks, the same MO you use in many threads on TD

as for your input, you repeat what everyone else knows already.

as for your risk approach, I advise to look elsewhere than simple stop-loss, which is completely inadequate if you expect a real crash

my recommendation to you if you really believe what you believe, is to sell everything and keeps everything in cash until the crash happens

Originally Posted by Dragonfly

my recommendation to you if you really believe what you believe, is to sell everything and keeps everything in cash until the crash happens

My largest position is in cash but hedges are always an important part of challenging your assumptions. To me that means some of my money belongs in the market. The entire point of the exercise is to hedge against the possibility of a crash not happening and challenge what I think I know. Its also challenging history too though, which is always a pretty dicey proposition.

Originally Posted by Dragonfly

as for your risk approach, I advise to look elsewhere than simple stop-loss, which is completely inadequate if you expect a real crash

Please elaborate

Originally Posted by Dragonfly

well playing with stop-loss is not going to help you mitigate risks

Please elaborate

October is always a dangerous month for crash,

sell everything, buy back later at cheaper or same cost or a bit higher, think of it as an insurance premium

So that was the big reveal?

Outlook: Up and down with the support of 1,650/1,630 points

Outlook:
The SET Index for Oct-17 is expected to weaken, with the support of 1,650/1,630 points and the resistance of 1,680/1,700 points,
due to profit taking from foreign investors as the year end is nearing.

Our anticipation is based on the fact that the current index implies upside of a mere 3% vs. our 2018E base-case SET target of 1,720 points
and the geopolitical risk in the Korean Peninsula is increasing. In addition, the Feds decision to reduce its balance sheet by US$10mn/month
may have some impact on financial markets.

Internally, we expect the Thai equity market to see limited momentum due to the royal cremation ceremony and the expected absence of a
positive surprise from banks earnings (earnings growth in large banks is expected to be limited while smaller banks with a focus on auto hire
purchase are likely to report better growth).


Recommended Stocks:
Stocks with short-term positive catalysts or with expected strong earnings growth in 3Q17E,
i.e., BCP, BDMS, CPALL, DELTA, IRPC, QH, SPALI, STEC, TCAP and TISCO.


October Statistics:
Based on ten-year historical data (2007-2016), there was a 30% possibility that the SET Index in the month of October
would close negative, with an average return of -1.1%MoM, a maximum return of +7.3%MoM (in 2007) and a minimum return of -30.2%MoM (in 2008).
The market continued to lower -0.9%MoM in November before turning positive again in December at +1.6%MoM.


Fund Flow:
The ten-year historical data for the month of October (2007 2016) also shows that foreign investors net sold at an average of -Bt575mn
and continued to do so at -Bt16.2bn and Bt6.7bn in November and December, respectively.


Catalysts:
i) reports of banks 3Q17 earnings results;
ii) Thai economic growth, especially in terms of exports; and
iii) buying on LTF/RMF funds.


Concerns:
i) the expectation that the ECB will announce reducing its QE size in its meeting this month;
ii) uncertain US politics;
iii) growing geopolitical tension in the Korean Peninsula;
iv) profit taking/portfolio adjustments by foreign investors;
v) suspended activities, especially for entertainment, due to the royal cremation ceremony.

Thanks to KT ZMICO Securities

Originally Posted by Dragonfly

that's the problem with amateur investors, they don't do the research, too lazy or incapable of calculating metrics,

and make rough decisions that usually ends in tear because they were doing "superficial" calculation, that of course "hide" the true valuation of stocks

there are plenty of 5% dividend stock on the SET that also rise in value and increase their dividends, give it a try

hank u for the reply. please now address the point i made.

t

chalky can u get a visa letter on the strength of the tmb account.

butters please try to curb your antagonistic nature.. its fine in the lounge but no fucking use to me as an amateur investor. i only come to td, one for a laugh which some one provides daily, and two to hone my education.
i accept u may well be a guru, so have something to teach me. but u are no fucking use to society as a teacher.... please get over yourself

Originally Posted by lob

chalky can u get a visa letter on the strength of the tmb account.

butters please try to curb your antagonistic nature.. its fine in the lounge but no fucking use to me as an amateur investor. i only come to td, one for a laugh which some one provides daily, and two to hone my education.
i accept u may well be a guru, so have something to teach me. but u are no fucking use to society as a teacher.... please get over yourself

Not sure if this answers your question but for my last visa extension they said embassy letter is enough and no need for a bank letter. 100 bt wasted, though next year I expect some uniform to own a shaking head when I turn up without a bank letter.

If 'butters' is Dragonfly, good idea to contribute without talking down to everyone like the other forum hooligans.

PTG now 24.30 and still going north.

butters does get picked on a lot as u may well know, however he will only get bollockings from me not bullying. he only cheapens his value by talking shit that has no bearing on this blog. butters please contribute , i wish to learn.

my replies are getting deleted, and when I try to expose investment mistakes or frauds by some here, I get insulted

not much more to say, but I can simply tell you what to avoid before making mistakes

Stop loss to mitigate market risk and market crash is NOT a good option,

Originally Posted by cyrille

So that was the big reveal?

nothing to reveal, it's more about common sense

if you believe there is a crash coming because markets are overvalued, then it's time to put money where your mouth is, and that is to take your profits and stay in cash

for larger portfolios, it takes tmes to switch to cash, so you can start shorting S&P Futures or even a S&P ETF or some Index that best represent your investment strategy (Russell 2000) to protect yourself temporarily from an upcoming big drop

99% of small investors will fail making money in markets over the long run, like they would if playing the casinos, and will lag in terms of returns some kind of broad market index with no particular investment trend.

Stop loss should be the less of your worries when investing as it's inadequate for 99% of small investors, it's all about investment style allocation and managing those allocations.

Originally Posted by Dragonfly

Stop loss to mitigate market risk and market crash is NOT a good option,

For the tenth time: Why?

Explain your rationale

Originally Posted by Dragonfly

for larger portfolios, it takes tmes to switch to cash, so you can start shorting S&P Futures or even a S&P ETF or some Index that best represent your investment strategy (Russell 2000) to protect yourself temporarily from an upcoming big drop

Terrible advice that exposes you to no theoretical loss limit. Only a fool would short this bull market