Thai High-Risk Groups Urged to Get Covid-19 Boosters

[David48]

Equity Strategy: Provincial growth trend is secular

Expect strong Urbanization trend for 3-5 years

The trend of “Urbanization or Modernization” has been the key factor supporting strong provincial growth in the past 5-7 years. In our view, this trend will continue with strong momentum 3-5 years down the road as more provinces are ready to be modernized.

As such, high valuations could be well-justified, with high visibility to earnings supported by strong potential for new expansion.

Source:

Paraphrased, not strictly quoted.

Read the full article for specific advices.

Edited June 26, 2012 by David48

[David48]

For clarification a related but not same posting from the above article.

Acceleration of provincial growth in past 5-7 years

Although the Thai economy is still mainly supported by business activities from BKK and nearby provinces that focus on manufacturing and tourism activities, some have witnessed the acceleration of Gross Provincial Product (GPP) in regional-hub provinces and some of the bigger provinces in the past 5-7 years.

Potentially many more provinces being ready for “Urbanization or Modernization”, which should sustain the strong momentum of provincial growth in the 3-5 years to come.

Edited June 26, 2012 by David48

[David48]

Expect extended cycle for Property sector

For residential property sector, expect current cycle to extend for 3-5 years.

Estimated new supply of 90,000 units this year still has 30% growth for BKK and vicinity area.

A guesstimate 25,000-30,000 potential units for provincial market.

For 5M12, presale from provincial market was as high as 27% of total presale for listed companies.

LPN, SPALI, and SIRI have platform to succeed in the provincial market.

The information on this thread is of a general nature only. It does not take your specific needs or circumstances into consideration. You should look at your own personal situation and requirements before making any financial decisions.

Edited June 26, 2012 by David48