第四十七通 變泰蟲

I just don't know why and from time to time investors place Thai on their watch list. The 'Motto' 聽到子彈聲入市 is not always true and it has proved to be a failure when Taksin fleeted to places outside Thailand.

A 'sophisticated investor' asked me in this summer that if it is a good time to place a bet @ Thailand and I said 'No'. Afterall, the bloom there since the recovery from the financial turmoil was mostly Taksin's credit. He has left and everything becomes uncertain.

The sudden tightening of their 'FX control' and the even more sudden withdrawal is a very good probe on what's happening within the terriory. It's just a mess!

Will history repeat itself that straightly??

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This also leads me to 亞洲畢非特 - 四叔's previous 豪情壯語 that 'the trading volume of local stocks - it's like 40B whereas the daily income of all of the property developer (he closed his eyes for a second and quoted) - it's only 40M. So the coming focus must be on the financial sector.'

He must be very smart to jump into such a conclusion by looking into these figures in a flash (Was the 40M just a wild guess? Did he far underestimate the rental income of all of the developers from their residential & commercial properties?). But I just doubt the connection's simplicity.

Anyway, investors TENDS to invest on a relatively liquid asset.

The investors' @ Thai was NOT over-reacted today.

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The only consequence is, it will only add fuel to the already heated market if the 淡友 is not capable to make a good use of this piece of news to pull down the index, as HK is nearly the best shelter in the region.

See what will happen tomorrow.