/Featured Quiz11 October - Weekly Featured Quiz - General Knowledge

[LaoPo]

The No. 1 reason to invest in Thailand

from: http://www.thedailyc...44/Thailand/eml

But, the original article is called:

Thailand Punches Through to New Highs

Written by Mad Hedge Fund Trader

With hotel occupancy in the dumps at 20%-30%, and parts of downtown Bangkok still in ruins from the May riots, you would think the call to buy Thailand (TWD), (TF) two months ago was a complete bust.

You would be wrong. Since then, the Thai ETF has tacked on an amazing 20%, the Thai Capital Fund is up 24%, and the Thai Baht has strengthened, making it one of the top performing stock markets of 2010. Even with the collapse of tourism, GDP is expected to come in at a healthy 6% this year, a figure American economists would kill for.

The country's robust manufacturing sector, which accounts for 66% of Thai GDP, versus only 6% for tourism, continues to drive the country onward and upward. Think of Thailand as China, with the infrastructure already built out. Ford Motors (F) has announced the construction of a $450 million plant to build the Focus, while Nissan (NSANY) says it will assemble its compact. Toyota ™ and GM are expected to follow suit with the expansion of existing facilities.

Carl Van Horne, then the chief investment officer of JP Morgan, once taught me a rule that I have found incredibly useful: follow the direct investment; the stocks markets always play catch up. Thailand continues to be a place where international investors want to be. Buy on dips, if we get any.

From:

http://oilprice.com/...-New-Highs.html

LaoPo