The only question people have is how quickly is the Vayu3 buying up the Thai market?
Local brokers seem to think that it is at a daily run rate of THB 5-7 bn, at this rate it’ll be completed by the end of October, and then?
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The only question people have is how quickly is the Vayu3 buying up the Thai market?
Local brokers seem to think that it is at a daily run rate of THB 5-7 bn, at this rate it’ll be completed by the end of October, and then?
The upside(s)
SE Asia has caught a bid, North Asia has caught a massive bid. Currencies strengthened rather quickly – maybe the currency gets weaker but the equity markets remain buoyant – let’s see
Domestically they are still pumping THB 10,000 to those that need it. That should push the can down the road for some NPLs and perhaps a little push for consumer spending
The terrible floods up north = more infra spending and hand outs.
And if there’s news around any of one of the 5 casino licenses perhaps the positivity for Amazing Thailand continues.
The downside(s)
Same same – NPL’s
Country is…