Thai stocks expected to rally in anticipation of emergency decree withdrawal

[webfact]

Thai stocks expected to rally in anticipation of emergency decree withdrawal

BANGKOK, 11 March 2014 (NNT) — Thai stocks are expected to rebound again this morning following an anticipation that the emergency decree would be lifted, sending the SET Composite Index to fluctuate around 1,340 - 1,355 points.

CIMB Senior Analyst, Kasem Panratanamala, stated that Thai stocks would have a tendency to reach 1,350 points again after news was spread that the emergency decree would tentatively be lifted when its 60-day enforcement expires in the next two weeks.

He cited reports as saying the proposed lifting of the emergency bill would be raised to the Cabinet this week. The proposal included re-imposition of the Internal Security Act (ISA).The news has brought greater investors’ confidence to the stock market.

Other parts of Asia have seen various fluctuations. Moreover, the Dow Jones has not shown any concrete signs of where it is heading. Investors, however, are keeping a close eye on China’s market as the dragon nation’s stock figures are considered to be relatively volatile at the moment.


-- NNT 2014-03-11

[Costas2008]

Do not "count your chickens before they hatch"

Thaksin and his sister that is still caretaker PM don't agree with lifting the SOE, drugging the country down by the day.

[Scamper]

The emergency decree was an absolute fizzle. It shouldn't even have been enacted in the first place by a caretaker administration, let alone on the cusp of a national election, and the idea that it is still in place now that the caretaker status has expired is yet another constitutional precedent - for this or any other country.

[Estrada]

Do not "count your chickens before they hatch"

Thaksin and his sister that is still caretaker PM don't agree with lifting the SOE, drugging the country down by the day.

Well my chickens hatched, I made B800,000 on the SET today.

[techboy]

I do not usually like old 'canned philosophy' but:

"Buy on the rumor. Sell on the news."

[saakura]

Do not "count your chickens before they hatch"

Thaksin and his sister that is still caretaker PM don't agree with lifting the SOE, drugging the country down by the day.

Well my chickens hatched, I made B800,000 on the SET today.

Wow, that is a tidy sum. Was it on any particular stock, care to share some details?

[moe666]

if you are not already invested more than likely will miss the uptick, I made a few baht today but no where near 800,000. I made mine 2 years ago and got out right before all of the talk about getting rid of the easing program began. Remember the big money is made when the outside boys get back in and last week 76million more invested than taken out

[techboy]

Do not "count your chickens before they hatch"

Thaksin and his sister that is still caretaker PM don't agree with lifting the SOE, drugging the country down by the day.

Well my chickens hatched, I made B800,000 on the SET today.

Go dude! And that trumps a bunch of capricious babbling any day.

[Estrada]

Do not "count your chickens before they hatch"

Thaksin and his sister that is still caretaker PM don't agree with lifting the SOE, drugging the country down by the day.

Well my chickens hatched, I made B800,000 on the SET today.

Wow, that is a tidy sum. Was it on any particular stock, care to share some details?

BTS, MFEC and AIT

Edited March 17, 2014 by Estrada