2 hours ago, robblok said:

Please.. your funny

 

The set rose from 1260 (around that 1-1-2016) to now 1582 .. that is a similar rise.. try something else.

 

It just showed that the guy when he was friends with the PTP got 3 times as much money then he does during the junta time... guess the truth hurts.. seems he robbed more then then he does now.

 

of course its not 100% proof but gives a good indication.

Actually the source I found only provides figures for the SET50 (see figure) and states a peak in 2013, that's why we have different figures.

I just checked in the SET website, the set50 was 462/512 in 2005, reached a peak at 1057 in 2013 (It makes an average growth rate of 7.52% p.y.) and a similar peak end of 2014 and below 1000 since May 2015.

The total set index was 658/723 in 2005, and followed a similar evolution: peak at 1597 (8.25% p.y.) in 2013, and below that level since).

So it means that on average, Thai stock value has not increased since he got his position. It may even look suspect that his assets ever increased under these conditions

Anyway there is nothing new or surprising, all economic indicators (i.e. GDP growth, exports, etc...) were better before the recent period. People usually make more money when the economic situation is better.

Sorry to disturb your favorite explanation.....

 

Edited April 5, 20179 yr by candide

51 minutes ago, candide said:

Actually the source I found only provides figures for the SET50 (see figure) and states a peak in 2013, that's why we have different figures.

I just checked in the SET website, the set50 was 462/512 in 2005, reached a peak at 1057 in 2013 (It makes an average growth rate of 7.52% p.y.) and a similar peak end of 2014 and below 1000 since May 2015.

The total set index was 658/723 in 2005, and followed a similar evolution: peak at 1597 (8.25% p.y.) in 2013, and below that level since).

So it means that on average, Thai stock value has not increased since he got his position. It may even look suspect that his assets ever increased under these conditions

Anyway there is nothing new or surprising, all economic indicators (i.e. GDP growth, exports, etc...) were better before the recent period. People usually make more money when the economic situation is better.

Sorry to disturb your favorite explanation.....

 

It all depends how he invested.. but sure a lot could come from the stock market.. but with politicians/army  (of any kind) I always suspect alternate things more. But the amount of money the guy has must be huge then.. because you need around 100 million to gain 9 million at 7%. 

 

Then he probably would have had even more then 100 million as nobody puts all their money at the stock market.. would be nice to see what his starting money was.

 

But there is no way to prove your assumption.. just like there is no way to prove mine... 

 

But be honest would you bet your life on it that the guy did not get money from corruption during his PTP time.. I would dare to wager my money that he got money from corruption under the junta his time.  I jus think he got more back then then now. But again.. hard to prove..