Thai Stock Market

[Giotto]

some poster had described in detail the manner in which foreigners could invest in the thai stock-market with all the details of the pricing mechanism of the foreign-owned stocks and how it relates to the thai-owned stocks of teh same company. that post seems to have vanished.

from what i recall the dividends were in the high teens and the recent rally has peeked my interest in these. ayone have information on this?

lustforthrust,

right, the poster has deleted his report - i don't know why. it was a good report.

i would strongly recommend not to invest in thai stocks at the moment. the political situation must be sorted out first.


giotto

[Lustforthrust]

some poster had described in detail the manner in which foreigners could invest in the thai stock-market with all the details of the pricing mechanism of the foreign-owned stocks and how it relates to the thai-owned stocks of teh same company. that post seems to have vanished.

from what i recall the dividends were in the high teens and the recent rally has peeked my interest in these. ayone have information on this?

[Giotto]

PosterLion,

You are a crazy man .

Am an only crying if I think about the stock market...


Giotto

[PosterLion]

She has slept with twenty men
in ten days
and
of those twenty
one in ten
will send her money
via Western Union

now she sits on my bed
smoking a cigarette
talking to some poor bastard on her hand phone
while I pour two glasses of Sang Som
over ice

she begins to speak in a loud voice
“Why are you calling me? I told you I’m at my friends house. Don’t you trust me?”
I walk over to the bed and offer her one of the
drinks

she gives me the phone and motions for me to listen
so I listen
a guy is crying and saying
“I’m sorry baby. I’m sorry.”

I hand her the phone and she puts it to her ear
smiling
she lifts her glass and I lift mine
it’s a funny way to have a first drink

she asks him if he wants to talk with her friend and pauses
knowing he’ll say
no
it’s okay

I marvel at the bluff she’s running
as I contemplate the destructive force of the atomic bomb
versus
how many will die or have died
over her

she hangs up the phone and smiles at me
“Are you ready?”
I nod my head and she gets up to take a shower

I hear the water running as I think about the bombs that fell
on Hiroshima and Nagasaki

soon she will walk out of the bathroom
like insanity in a bath towel
the worm will slip the hole and we’ll both take a piece
from each other

she will leave with the morning light and I will smell what’s left
of her
on my pillow

her name was Nana and she’s been alive
on this earth
for ten thousand years.

[PosterLion]

which I did not write.

inspired the above poem,

which I did . . .

in fact

write!

[PosterLion]

she has f-u-c-ked 200 men in ten
states
5 have commited suicide
3 have gone entirely mad.
every time she moves to a new city
10 men follow her.
now she sits on my couch
in a short blue dress
and she seems
quite healthy and chipper
even looks innocent.
"I lose interest in a man,"
she says,
"as soon as he begins to care for me."
I refill her drink
as she pulls her dress up,
shows me her black panties.
"don't these look sexy?" she asks.
I tell her that they do look sexy.
she gets up, walks across the room
through my bedroom and into the bathroom.
soon I hear the toilet flush.
her name is Nana and she has been living on
earth for the past
5,000 years.

[Giotto]

...
- while we are all sitting on our unemployed asses drinking Coca-Cola!

PosterLion,

LOL!

Yes, it looks frightening. Its panic right now - that's not too bad at all. Still the question remaining whether this is a (simple LOL) recession, a depression or a systemic problem of our economy based on a growth philosophy.

Who knows?

Anyway - time for a Citi ... aeehhh, a Cafe Latte.


Giotto

[PosterLion]

I've been looking at the S&P 500 today and have noticed some very bizarre things:

The first requirement for a company to enter the ranks of the S&P 500 is a market capitalization of at least $3 billion.

1) The index currently has 140 companies with a market capitalization of less than $3 billion.
2) The bottom nine companies (acas, odp, ddr, jny, mtw, etfc, hban, gnw, and yhc) have a combined market capitalization of $2.999 billion.
3) Autozone (at $8.8 billion) is 8.8 times larger than General Motors at $1.1 billion. It's a joke! Black and Decker is larger than GM today.
4) Western Union at $7.966 billion is bigger than Citibank at $6.188 billion.
5) 53 companies in the S&P are selling for less than $5 per share: (AIG $.36, Etrade $.66, ACAS $.72, Office Depot $.88, Citigroup $.99)

6) The top ten companies in order: Exxon, Wal-Mart, Microsoft, Procter&Gamble, Johnson&Johnson, AT&T, IBM, Chevron, Google, and Coca-Cola. This one scares the shit out of me because it shows just what America has become:

- Our biggest company produces a commodity that we don't possess.
- Our second biggest company sells goods that we don't manufacture.
- Microsoft makes software and that is cool, but the world could function on Linux quite nicely, making Microsoft a not-so-important product.
- P&G and J&J make things to clean your mouth and wipe your ass with
- AT&T supplies the connections for us to talk to each other while we are cleaning our mouths and wiping our asses.
- IBM should survive with its army of Linux professionals.
- Chevron is a ditto with Exxon
- GOOGLE! I can't believe a search engine can make it into the top 10 of the S&P 500. Maybe we can GOOGLE our way out of this mess
- while we are all sitting on our unemployed asses drinking Coca-Cola!

[PosterLion]

citi of the 2nd great depression . . .

[Fon Tok]

An interesting explanation of what is currently happening in the world (mainly American) financial markets:

http://baselinescenario.com/financia...for-beginners/

[Giotto]

Dear God of the World's Markets,

Please, what we need now is:

- a weakening USD for at least some weeks,

- an oil price slightly rising, and not going below 50 USD.

Could you please do that for us?

Thanks in advance.


Giotto

[Giotto]

If I was in Thailand could I take $5000 and invest it in Thailand without going through any United States broker? I am a U.S. citizen. If so would it be a problem to only deal with people who speak Engilsh? That's the only language I know. Also would I need to be aware of any potential problems?

I am not trying to hide money from the U.S. or anything just wanting to get a little more diversified world wide.

Thanks for any help or advice.

Horatio

Horatio,

Yes, you can. You only have to get a confirmation from a bank that the money was transferred legally into the country, don't bring it in cash, they want to be sure about the origin of the money.


Giotto

[Horatio]

If I was in Thailand could I take $5000 and invest it in Thailand without going through any United States broker? I am a U.S. citizen. If so would it be a problem to only deal with people who speak Engilsh? That's the only language I know. Also would I need to be aware of any potential problems?

I am not trying to hide money from the U.S. or anything just wanting to get a little more diversified world wide.

Thanks for any help or advice.

Horatio

[Fon Tok]

Here's an interesting website from 2004 that basically outlined some of what has happened to gold prices in the past couple of years:

http://www.lewrockwell.com/north/north326.html

[Member #3173]

Guys, are there any stock picks in the Thai market up to Oct 31 to buy with
a view to dividends? I am from Malaysia so I guess I will have to buy from the Foreign board? My account is with a local broker in Haadyai.
I am in Thailand for 3 months in a year only, so I cannot monitor those stocks
that, well, need monitoring in terms of timing to sell.I buy to keep two to 3
years.Thanks