Thai stocks/shares predictions

[yabz]

I predicted in Dec 2008 that it was a no brainer to buy shares in Bangkok Bank or Kasikorn bank if the Democrats got into power.

At that time Bangkok Bank was 69 and Kasikorn Bank was 45. Their shares prices are now respectively 91 and 126 which are rises of 82% and 102% against a corresponding rise in the SET of 66%.

If Abhisit loses power I would suggest selling these shares and CP too as it is also linked to the Democrats. On the other hand if Mark remains in government it is worth hanging onto the shares as they will probably continue to outperform.

[Mod edit: changed title to reflect content ]

[MrPlum]

Useful to know.

I might be interested in trading in Thai stocks but am more familiar with the U.S. market and enjoy the low $5 per trade cost and great trading platform. Despite that, with the dollar set to tank IMO it would be better to move any cash over here. Any suggestions as to which broker I should use?

[caller]

Any suggestions as to which broker I should use?

A Pawn Broker?

Just kidding, honest! At age 15, studying for 'O' level economics, a game was to choose a few Co's to track as if we had bought shares - I was bust in a few weeks. I got an 'A' by the way.

[MrPlum]

Any suggestions as to which broker I should use?

A Pawn Broker?

Just kidding, honest! At age 15, studying for 'O' level economics, a game was to choose a few Co's to track as if we had bought shares - I was bust in a few weeks. I got an 'A' by the way.

They say amateurs are washed out of the market in about 1 year and 'expert' amateurs within 3. I'm sure the pawn broker awaits me, even though I'm still hanging in there after 4.

My system relies less on academic excellence and more on spin the bottle.