side

*...Keith Moon enters the chat...*

5 hours ago, ChipButty said:

We need a photo of her I would be able to tell if she has any scouser in her jeans 

By the sounds of it, any scouser can get into her jeans....

Quote

was shot dead by police in a judicial killing.

Do you just say words? Do you know what you're even saying? Does this reporter think up clever words and then work them randomly into a story and then show his/her parents for some praise and cookies?

Total buffoonery.

So, a crackdown on cracks. Cops will be all over this like a bad rash.

Sorry, I'll get my hat.

5 hours ago, internationalism said:

Chloroquine and hydroxychloroquine were on WHO list till August. Some countries dropped them from their lists recently. Some are still using. So there ate researches and good clinical results. 

Thailand claimed at the beginning of february, to cure covid using tamiflu, anti-flu medicine, at several patients. This medicine is made in thailand by rhe government pharmaceutical organisation and is not expensive. For flu is also used as prophylactic. 

re hydroxichloroquine, you need to attach your sources with valid, peer reviewed clinical trials showing it to be effective (there are no such valid, peer reviewed research papers, don't waste your time). Your suggestion that the WHO were somehow all gung-ho about HCQ as late as August seems unlikely as the following link is from the WHO's very own website, it's research to download from *June* for your reading pleasure, it's a full 18 pages long so if it's TL;DR for you, in summary it says "HCQ isn't proven to be effective": https://www.who.int/publications/m/item/targeted-update-safety-and-efficacy-of-hydroxychloroquine-or-chloroquine-for-treatment-of-covid-19

On your second statement, am not sure what you are even suggesting re Tamiflu as it's been perfectly clear since approximately forever that it is not effective against covid 19, and how could it be? Maybe you have a vague memory of Thai doctors back in February having hit a handful of covid patients with Tamiflu and a bunch of HIV anti-retrovirals and they didn't die. Since then, all those medical approaches have proven clinically ineffective.

3 hours ago, Oztruckie said:

If you really need to ask that question on a forum,why would you even contemplating investing in securities you obviously know little about,I've invested in securities back home,and only invest in blue chip companies I know.

Excuse me? Did you even read my OP? Here is the part of that OP that says: "I have a solid, well diversified portfolio sitting elsewhere". ..... My existing investments are across various currencies, stock markets and other financial instruments. Many are blue chip, some are a little more risky, some are even quite obscure. 

I most certainly know my way around the investment world, but the true road to success lies in constantly learning. Don't you agree?

So, the reason I "need" to ask that question on the investment part of a Thai forum is because I actively seek the opinion of others who may have specific experience that might be useful for further research as I am considering options of where to put some money that I want to place here, somewhere.

Does my detailed answer sufficiently satisfy your curiosity and perhaps dampen your obvious disdain for my appalling naivety?

Condescension is the distant cousin of sarcasm. Both are total dicks.

9 hours ago, rwill said:

The only investing I would do in Thailand is a fixed account or CD.

 

I opened a Charles Schwab International account.  The only minuses to it are you have to have $25,000 US dollars to open it and lots of paperwork to fill out for applying.

Normal broker transactions are fee free now.  Buy and sell stocks, etfs, reits at will without worrying about fees lowering your returns.

The Charles Schwab Debit card is one of the best, if not the best available.  You don't get it automatically by opening an account.  Tell them you want one and a simple form to fill out.  But you can use it at ATM's world wide with no fee, no foreign transaction charge, plus they rebate most fees charged by the ATM bank, like the 220 baht fee for Thai banks, unlimited.  The one thing a little weird about it is you can withdraw $1,000 per day but only $500 per transaction.  So to get $1000 you have to do 2 withdrawals.  But hey you get the fees back and Visa exchange rate which is pretty close to the mid range you see when you look up exchange rates.

Also you can do international wires with them for a $25 fee.

The CS account allows you to invest across all markets?

The amounts you open with are in USD currency?

Can you recommend a link or two to follow up on your info?

And thanks for posting, very interesting angle.

9 hours ago, tpkhk said:

@side

 

Would recommend you open a Thai Brokerage account.  Bualuang in Silom has English speaking staff.  If you dont end up funding, or trading there are no charges anyway.  No minimums too.  Except if you trade, 100 share minimum for better liquidity.  Generally speaking, this has not been a good year for Thai stocks.... 

 

There are some small quirks - ie shares held by foreigners have to be of a certain type - you choose when you purchase or send in paperwork after buying (for conversion).  Liquidity is the same as the general market.  If you are a taxpayer here, there is some dividends witholding that can be clawed back.  None of this should be a show stopper.

 

Couple of resources for you if you are inclined to invest in individual stocks

https://thaistocks.com/content/thai-broker-review - Plenty of resources in the free section, I havent subscribed.

https://www.jitta.com/explore?country[0]=TH - This site offers a lot of info on individual Thai stocks (covers other markets too).

 

On the Internet from time to time - DBS Vickers/Maybank put out some good research.  Local brokerages seem to put out +ve research for the most part.. so take that with a pinch of salt.

 

If you are interested in Capital Preservation for the most part with dividends, then look at infrastructure funds - JASIF, BTSGIF, DIF and so on.  Also local REITS.

 

As for if this is a good time, risk - here's an example of A list companies - depending on when you bought, lot of pain/joy.

 

PTTGC (one of the many listed arms of PTT) - this year - high of 81, low of 48 and currently at around 54.  

SCC - high of 490, low of 351, and currently at 390.  

 

If all this is too much - research the mutual fund type trusts that the banks have been selling - those can be bought at the bank, and there's probably a lot of internet research available if you get the ticker symbol.  Good luck.

Very helpful and will follow up a few of your points on here, great post!

Let me point out again, I have the majority of my funds elsewhere, BUT I have an amount sitting in Thailand which I feel could be invested wisely, directly here, and am looking around for ideas, advice.

This is NOT about buying a business. I'm not going to buy a bar ????, I am talking here about actual investments (stocks, bonds, ETFs and similar instruments). It does appear at first sight that fees are higher than elsewhere, as one or two people on here have already pointed out.

@saengd pointed me in the direction of some very useful info so anyone with a serious interest should maybe have a PM convo with him too.

3 minutes ago, Airalee said:

How about a US based Thailand ETF?  There is really only one option currently.

 

https://www.ishares.com/us/products/239688/ishares-msci-thailand-capped-etf

Thanks but that's not my angle. I have some money here in Thailand and I feel I'd like to do something with it here.

This avoids all currency concerns as it's already in THB. And to reiterate my OP, I have a well diversified portfolio sitting elsewhere already. So this is to compliment that main portfolio and it will sit close to home here in Thailand.

1 minute ago, saengd said:

Don't overlook the exchange rate issue, I think it's key.

Also, don't underestimate brokerage costs, they are often ridiculously high.

 

Note: on the LTF comparison site....you can sort them based on the number of years by clicking on the years field.

Well I'm actually still unable to access the Thai site, strange that, wonder if it's because am currently outside Thailand.... Am back home in TH next weekend so maybe I'll more luck 

11 minutes ago, saengd said:

Yes, Good Corporate Governance but it's from UOB Asset Management, UBAM for short https://www.uobam.co.th/th/home

 

The link below will show you performance over different time frames for the LTF products. Be aware, LTF's are about to be replaced at some point but it's not clear what with, that doesn't mean you shouldn't buy LTF's it just means there may be other options down the road. http://siamchart.com/fund-compare/LTF

 

Tax break is free of tax if held for seven years, contributions are tax deductible up to a max., they are designed for people who work here. That said I hold CG_LTF because I have significant Baht assets in country although I don't use the tax break, the holding does however fill a gap in my global investments.

 

EDIT - another UBAM link for LTF's https://www.uobam.co.th/en/mutual-fund/00052/UOBLTF

Thank you, I'll be looking at this more closely ????

3 minutes ago, saengd said:

You'd only sensibly invest in Thai stocks if you had Thai income, otherwise the exchange rate may bite you in the bum. The other point is that charges and fees here are much more expensive than offshore, a couple of percent can easily disappear before you made one satang. An ETF in Thailand will cost you a lot more here than the same ETF would cost you offshore, brokerage and intermediary fees account.

 

But assuming you work here and have Thai income in Baht, an LTF fund may serve you well since you get a good mix of blue chip stocks, plus you get a tax break - CG-LTF is my LTF of choice, purchased through UBAM or similar.

You got my attention. Appreciate the post.

CG is corporate governance? is that the concept? Please expand

LTF is long term fund?

Tax break? What and why? 

Where can I read up on this in more detail? Clicked on some UOBAM link and it's not working ????

@ThomasThBKK @gk10002000

So if I'm intent anyway on socking away a sum into say Thailand based ETF's or a well-selected list of stocks and bonds or whatever, what would you be looking at? Indulge me ????

A question for you if you have invested some money in Thailand (stocks, bonds, ETFs etc). There's a sum of money I think I'll keep here in Thailand, it's a decent sum, capable of producing noticeable returns if invested appropriately.

I have a solid, well diversified portfolio sitting elsewhere, and I'm not inclined to send it there, and I am capable of listening to and doing due diligence on your suggestions.

Am interested to hear your suggestions re how you'd invest into various Thai investments that would produce a decent long term return. What has served you well so far? Obviously I could throw it at a selection of leading Thai companies but I'm keen on hearing from people who've worked some investments successfully here, ie gather some opinions first.

Thanks in advance for your opinions!

31 minutes ago, Huayrat said:

The mom and pop hotels will be alot busier than the Amari.. 5000 baht for a room at the Amari or 1000 baht at the mom and pop hotels .. The place is full of single men looking for pussy and beer bars so do you think they care about sitting in a 5k room allday?

I suppose so, if both hotel types are going for the exact same customer demographics. Do you think they are?

Also, when you say "busier", what do you mean? Do you mean a higher occupancy or a higher RevPar?

On 7/15/2019 at 5:54 AM, champers said:

What fools Amari must be. Don't they read this forum and realise that Pattaya is at death's door? As daft as those delusional nitwits who built the 500 room hotels Brighton Grand and Grande Centre Point in the same part of town. Add in those nutcases at Dusit Thani who recently spent the equivalent of 1 million Baht per room on renovations and the dummies at Ayara Palace who added yet another extension to their hotel.

They are all doomed.

It is one of the dominant properties in Pattaya. It is run by a key player that has both corporate and leisure contracts, driving its sales.

Are you sure you're not talking about the 100's of mom & pop hotels that will probably succumb to the weakening tourist cycle, having no corporate or long term leisure contracts for support through leaner times, also having no other sister hotels within the group to make up for lean times budget shortfalls like Amari etc etc? You know, business acumen and so on....

I don't know, you seem to be the hotel business insider.

On 7/14/2019 at 4:33 PM, newnative said:

   Well, as a 'glass half full' guy, I find it encouraging that Amari is making this large financial commitment to Pattaya. And, right behind Amari, another large new high rise hotel by Ozo Hotels is going up.  

Ozo and Amari two distinct hotel brands, both operated by Onyx Hospitality Group.

20 hours ago, brewsterbudgen said:

Wait, what? Why does that need mentioning? It wasn't self-evident?
Was it expressly allowed previously?
I'm confused.
 
I don't see any harm in warning people. It's never been allowed, but that doesn't stop people from doing it.

Sent from my SM-G930F using Tapatalk
 

I get it..... Similar to putting a sign "no armed robberies allowed" at the entrance to a bank.

In case someone was not aware that it is not a legal thing.

Quote

No human trafficking allowed..... [and]... underage prostitution will not tolerated

Wait, what? Why does that need mentioning? It wasn't self-evident?

Was it expressly allowed previously?

I'm confused.

On 3/16/2019 at 6:23 PM, Ulic said:

I just wonder if these same Muslim countries so critical of New Zealand and the West ever reflect on the 10's of thousands of Christians murdered in their countries in the past 10 or so years. 200,000 Christians that have fled Egypt since 2011. Few, if any are perpetrators, of Christian murderers have been prosecuted.  

Source for that?