sharecropper Posted October 17, 2009 Share Posted October 17, 2009 And just in case we forget how deeply insular, xenophobic and cretinous (or simply wrong) some members of the government can be, when they speak without checking the facts, here's an extract from a Reuters report, re the suggestion that foreign sellers were mostly responsible for the recent run on the market: Thai institutional investors sold a net 4.3 billion baht ($129 million) worth of shares in the last four daily sessions before Friday, while their foreign counterparts unloaded 1.6 billion baht ($47.9 million), according to the Stock Exchange of Thailand. [iD:BKK482820 Link to comment Share on other sites More sharing options...
Stumbo Posted October 17, 2009 Share Posted October 17, 2009 I for one sincerely hope H M health improves <snip>As for the disgusting lowlifes who profit and loss on the wellbeing of other human beings, well they really are not even worth getting angry about, they will get theirs, sooner or later! They would not understand, as their sole aim in life is money,money, and more money and to h-ll with the rest of us who suffer financially every single day on the whims of these leeches..their types have created this financial downfall, and their speculating on common commodities, eg oil should not be allowed..look at the 'ripple effect'' of their actions...disgusting! So you have been pleased to hear about banker bonuses going up? Link to comment Share on other sites More sharing options...
erikr_ Posted October 17, 2009 Share Posted October 17, 2009 so if i understand it well: - market goes down due to unknown rumours being spread - market goes up due to rumour spread by PM that the unknown rumour was false and he would have it investigated Which of the 2 is manipulating the market Link to comment Share on other sites More sharing options...
loveitto Posted October 17, 2009 Share Posted October 17, 2009 I for one sincerely hope H M health improves <snip>As for the disgusting lowlifes who profit and loss on the wellbeing of other human beings, well they really are not even worth getting angry about, they will get theirs, sooner or later! They would not understand, as their sole aim in life is money,money, and more money and to h-ll with the rest of us who suffer financially every single day on the whims of these leeches..their types have created this financial downfall, and their speculating on common commodities, eg oil should not be allowed..look at the 'ripple effect'' of their actions...disgusting! So you have been pleased to hear about banker bonuses going up? Yeh, you got it..hope they choke on it....We all will pay the price of this 'GREED' Link to comment Share on other sites More sharing options...
SiriusBlack1 Posted October 17, 2009 Share Posted October 17, 2009 Delighted to hear of His Majesty's recovery. Link to comment Share on other sites More sharing options...
loveUThailand Posted October 17, 2009 Share Posted October 17, 2009 Let all of us Wish & Pray for the Good Health and Long Life of The King (The Great Wise Man). From: Mr. MO (loveUThailand) Link to comment Share on other sites More sharing options...
warmwater7 Posted October 17, 2009 Share Posted October 17, 2009 Best wishes To HM, may he have a speedy recovery and a great 82nd Birthday. He is my favourite Monarch in the World, and I have the deepest admiration and respect for him, and what he has done for Thailand. HM THE KING is an awsome guy. to Thai readers.......................PLEASE!!!!!!!!!!!!!!!!!!......................................................... plan for the future. START TODAY!!!!!!!!!!! we westerners all have " plan B ". learn from us.PLEASE!!!!!!!!!!!!! START TODAY. Ower western "neurosis" is USEFULL. MY PRAYERS TO HM THE KING , HIS FAMILY, AND TO ALL THAI PEOPLE. Link to comment Share on other sites More sharing options...
sabai-dee-man Posted October 17, 2009 Share Posted October 17, 2009 ...the present government's stability had been "pretty good" these past 10 months. Wow, able to measure it over a whole 10 months... now that's real stablility! Link to comment Share on other sites More sharing options...
unforgiven Posted October 17, 2009 Share Posted October 17, 2009 Please keep this thread civil and in accordance with forum rule #2. Otherwise we will close this topic immediately.Please pay attention 2) Not to express disrespect of the King of Thailand or anyone else in the Thai royal family, whether living or deceased, nor to criticize the monarchy as an institution. Speculation, comments and discussion of either a political or personal nature are not allowed when discussing HM The King or the Royal family. Discussion of the lese majeste law or lese majeste cases is permitted on the forum, providing no comment or speculation is made referencing the royal family. To breach this rule will result in immediate ban. Thank you for your cooperation Long live the King!!! Link to comment Share on other sites More sharing options...
IvanDobsky Posted October 17, 2009 Share Posted October 17, 2009 Wow.....a stock market falling and rising on rumor and speculation..........so typical of Thailand....you would never see such a thingin US or EU.... SO WHY do we have a GLOBAL crisis? it would appear that a more sarcastic-looking smiley is required Link to comment Share on other sites More sharing options...
Milo Posted October 17, 2009 Share Posted October 17, 2009 Wow.....a stock market falling and rising on rumor and speculation..........so typical of Thailand....you would never see such a thingin US or EU.... SO WHY do we have a GLOBAL crisis? it would appear that a more sarcastic-looking smiley is required Link to comment Share on other sites More sharing options...
Jonathanpattaya Posted October 18, 2009 Share Posted October 18, 2009 (edited) Wow.....a stock market falling and rising on rumor and speculation..........so typical of Thailand....you would never see such a thingin US or EU.... What rubbish. It is all about speculation and when certain people speak, everyone listens. Long live the King. Edited October 18, 2009 by Jonathanpattaya Link to comment Share on other sites More sharing options...
goatfarmer Posted October 18, 2009 Share Posted October 18, 2009 There is nothing unusual in a sharp "correction" for a market that has increased more than 60% year to date. It does not signify much. More important isthe fact that the historical PE for the SET was 27 at the end of September - a level only ever seen once (in 1990). That means that much of SET's performance this year was based on hopes of sharply rebounding earnings. My broker talks of forward earnings of 11 or 12 for the SET. I have a chart on my website showing correlation between SET PE and market tops. Invariably high PE correlates with tops, suggesting that the norm is for people to get over hopeful. Link to comment Share on other sites More sharing options...
skorchio Posted October 18, 2009 Share Posted October 18, 2009 Well said!1. Nothing wrong with people who make a living on Trading Stocks, Futures, ForEx, Commodities. It is essential to hedge against risk when needing a regular supply in metals, grains, energy, USD, etc. But when it comes to $$$ speculations, it affects those billions of people with the rise of FOOD, Energy, Savings, and a regular income in many many cases. 2. Ideal Capitalism is great. It is the greed in people in Capitalist world that make Capitalism weak. SURE THERE MAY BE INDUVIDUALS (OTHER VIEWS) but surely you can see this one. Hope we learn from this.. notttT Gold US1060+/bbl. (new high) Brent US76+/t oz. (100% since March 2009) I wish I could buy gold by the barell, and then sell it by the ounce.......... Link to comment Share on other sites More sharing options...
webfact Posted October 18, 2009 Author Share Posted October 18, 2009 Abhisit says SEC, police still trace source or rumor that hit stock market Prime Minister Abhisit Vejjajiva said Sunday that the Securities Exchange Commission and police were still tracing to the source of rumours that caused the stock market to suffer losses last week. He said the SEC was in charge of conducing the investigation with help from police. He urged traders not to panic with rumours. He said the SEC would have to monitor the situation closely and must come up with explanations in time to prevent a panic. -- The Nation 2009/10/18 Link to comment Share on other sites More sharing options...
caf Posted October 18, 2009 Share Posted October 18, 2009 There is nothing unusual in a sharp "correction" for a market that has increased more than 60% year to date. It does not signify much. More important isthe fact that the historical PE for the SET was 27 at the end of September - a level only ever seen once (in 1990). That means that much of SET's performance this year was based on hopes of sharply rebounding earnings. My broker talks of forward earnings of 11 or 12 for the SET. I have a chart on my website showing correlation between SET PE and market tops. Invariably high PE correlates with tops, suggesting that the norm is for people to get over hopeful. I agree but it is easier in fact de rigueur to blame the foreign investor. Someone shuould remind thai journalists to check their facts either internally or throgh Reuters. It was Thai investors returning!! Link to comment Share on other sites More sharing options...
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