webfact Posted February 27, 2020 Share Posted February 27, 2020 Thailand Now Has the World’s Worst Stock Market By Anuchit Nguyen Photographer: Brent Lewin/Bloomberg Rising coronavirus cases in Thailand dimmed the outlook for a quick rebound in tourism, sending the nation’s equities benchmark to rank as the world’s worst performer. Thailand’s SET Index’s 5.1% slump on Wednesday, most in six years, came after the government said confirmed cases of the virus rose by three to 40, fueling fears of a wider spread. The benchmark gauge’s 14% decline this year, the most among the world’s key equity indexes, has also plunged it into a bear market from a recent high. The virus outbreak hit tourism-reliant Thailand particularly hard because Chinese tourists, its biggest source of foreign visitors, have all but vanished. Income from tourism, accounting for about fifth of the economy, tumbled last month. That’s exacerbated the effects of a severe drought, a delay in the government’s budget and an export slump in Southeast Asia’s second-biggest economy. Full story: https://www.bloomberg.com/news/articles/2020-02-27/thailand-sinks-to-world-s-worst-stock-market-as-tourism-smashed -- Bloomberg 2020-02-27 2 1 Link to comment Share on other sites More sharing options...
ThomasThBKK Posted February 27, 2020 Share Posted February 27, 2020 Told you so Thailand. Link to comment Share on other sites More sharing options...
Popular Post khwaibah Posted February 27, 2020 Popular Post Share Posted February 27, 2020 CRASH BAHT CRASH.???? 10 1 2 5 Link to comment Share on other sites More sharing options...
Popular Post Halfaboy Posted February 27, 2020 Popular Post Share Posted February 27, 2020 Grab your chances ! 3 1 Link to comment Share on other sites More sharing options...
freeman01 Posted February 27, 2020 Share Posted February 27, 2020 (edited) what are good thai stocks to pick up on the deep before the world enter into a zombie apocalypse lol ? Edited February 27, 2020 by freeman01 Link to comment Share on other sites More sharing options...
DrTuner Posted February 27, 2020 Share Posted February 27, 2020 Because you're worth it. 1 Link to comment Share on other sites More sharing options...
Popular Post CNXexpat Posted February 27, 2020 Popular Post Share Posted February 27, 2020 Wait a little bit and buy. The virus is not forever and then it´s business as usual and the stocks will rise to the old numbers again. Great opportunity. Same as at 9/11 and the days after. 11 1 2 Link to comment Share on other sites More sharing options...
PatOngo Posted February 27, 2020 Share Posted February 27, 2020 Ok, where the face saving counter claim?...……......Bring it on! Lie if you have to! 2 Link to comment Share on other sites More sharing options...
Popular Post saengd Posted February 27, 2020 Popular Post Share Posted February 27, 2020 5 minutes ago, PatOngo said: Ok, where the face saving counter claim?...……......Bring it on! Lie if you have to! The Index is down 14% but those are Thai percent, not farang percent, they're not the same thing, you're a farang you wouldn't understand. ???? 7 Link to comment Share on other sites More sharing options...
Popular Post PatOngo Posted February 27, 2020 Popular Post Share Posted February 27, 2020 9 minutes ago, saengd said: The Index is down 14% but those are Thai percent, not farang percent, they're not the same thing, you're a farang you wouldn't understand. ???? I understand enough to keep my money well away from these clowns! 6 2 1 Link to comment Share on other sites More sharing options...
Fex Bluse Posted February 27, 2020 Share Posted February 27, 2020 These damaging articles increasingly appear in subforums that are less popular. 1 2 Link to comment Share on other sites More sharing options...
Popular Post strewth mick Posted February 27, 2020 Popular Post Share Posted February 27, 2020 13 hours ago, CNXexpat said: Wait a little bit and buy. The virus is not forever and then it´s business as usual and the stocks will rise to the old numbers again. Great opportunity. Same as at 9/11 and the days after. A lot of experts on this forum. 1 3 Link to comment Share on other sites More sharing options...
Popular Post saengd Posted February 28, 2020 Popular Post Share Posted February 28, 2020 1 hour ago, strewth mick said: A lot of experts on this forum. You're right, I suggest you wait until they are at the peak before buying, just to make sure the recovery is real! 2 2 Link to comment Share on other sites More sharing options...
Popular Post strewth mick Posted February 28, 2020 Popular Post Share Posted February 28, 2020 42 minutes ago, saengd said: You're right, I suggest you wait until they are at the peak before buying, just to make sure the recovery is real! I'm waiting for my taxi driver to recommend what to buy 5 Link to comment Share on other sites More sharing options...
Popular Post 30la Posted February 28, 2020 Popular Post Share Posted February 28, 2020 Is this the beginning of the fall of the Thai "EMPIRE" ??? 1 3 Link to comment Share on other sites More sharing options...
Popular Post Assurancetourix Posted February 28, 2020 Popular Post Share Posted February 28, 2020 14 hours ago, saengd said: The Index is down 14% but those are Thai percent, not farang percent, they're not the same thing, you're a farang you wouldn't understand. ???? We have known for a long time that Thai and arithmetic has been more than two ; Only in Thailand a cake can be made up of ingredients whose total sum is greater than 100% 6 Link to comment Share on other sites More sharing options...
soalbundy Posted February 28, 2020 Share Posted February 28, 2020 46 minutes ago, 30la said: Is this the beginning of the fall of the Thai "EMPIRE" ??? No, storm in a teacup, once corona gets the same treatment as influenza and this silly panic dies down teflon Thailand will rise from the ashes, of course the the students who are awakening from their lethargy could prolong and even exacerbate the situation, all previous unrest arises from the students (a worldwide phenomena) the government ignores them at their peril. Anything that lowers the Baht has my approval though. 2 Link to comment Share on other sites More sharing options...
fulhamster Posted February 28, 2020 Share Posted February 28, 2020 17 hours ago, khwaibah said: CRASH BAHT CRASH.???? It's still getting stronger 1 1 Link to comment Share on other sites More sharing options...
FarFlungFalang Posted February 28, 2020 Share Posted February 28, 2020 17 hours ago, khwaibah said: CRASH BAHT CRASH.???? Baht strengthening against Aussie dollar! 1 2 Link to comment Share on other sites More sharing options...
finnishmen Posted February 28, 2020 Share Posted February 28, 2020 i hope baht come down and fast, normal baht has before good 1/50 or better if have 1;70 then baht have right places. now have apnormal high. Link to comment Share on other sites More sharing options...
DPKANKAN Posted February 28, 2020 Share Posted February 28, 2020 18 hours ago, ThomasThBKK said: Told you so Thailand. But it ain't just the Coronavirus causing problems!! There are many more Asian Countries with worse virus. Thailand your economy is in free fall!! Soon the Baht will crash!! Yeah Yeah!! ???????????????? 1 Link to comment Share on other sites More sharing options...
khunPer Posted February 28, 2020 Share Posted February 28, 2020 ☹️ Link to comment Share on other sites More sharing options...
Popular Post Baerboxer Posted February 28, 2020 Popular Post Share Posted February 28, 2020 2 hours ago, soalbundy said: No, storm in a teacup, once corona gets the same treatment as influenza and this silly panic dies down teflon Thailand will rise from the ashes, of course the the students who are awakening from their lethargy could prolong and even exacerbate the situation, all previous unrest arises from the students (a worldwide phenomena) the government ignores them at their peril. Anything that lowers the Baht has my approval though. Indeed. Guess many posters see this headline and get dizzy with excitement at the chance to knock Thailand. They should check out how other stock markets are doing! 3 Link to comment Share on other sites More sharing options...
Mac98 Posted February 28, 2020 Share Posted February 28, 2020 If you believe the market will recover, buy some now. If it drops much further (to -20%), buy more. It only has to recover to barely above this level to break even. 2 Link to comment Share on other sites More sharing options...
johnnysunshine Posted February 28, 2020 Share Posted February 28, 2020 Buy GOLD! 1 Link to comment Share on other sites More sharing options...
uli65 Posted February 28, 2020 Share Posted February 28, 2020 Buy Gold, Silver and Bitcoin 1 Link to comment Share on other sites More sharing options...
Loongharkok Posted February 28, 2020 Share Posted February 28, 2020 8 hours ago, Baerboxer said: Indeed. Guess many posters see this headline and get dizzy with excitement at the chance to knock Thailand. They should check out how other stock markets are doing! Check how other stock markets are doing you ask? Well.......they are all doing better than Thailand's. Thats why Thailands stock market is described as the worst. Your junta is <deleted>. Link to comment Share on other sites More sharing options...
kingdong Posted February 28, 2020 Share Posted February 28, 2020 The writings on the wall,1997 all over again,the corona virus will be the straw that breaks the camel's back. Link to comment Share on other sites More sharing options...
kingdong Posted February 28, 2020 Share Posted February 28, 2020 3 hours ago, johnnysunshine said: Buy GOLD! And guns Link to comment Share on other sites More sharing options...
baansgr Posted February 28, 2020 Share Posted February 28, 2020 Monday morning will be interesting???? 1 1 Link to comment Share on other sites More sharing options...
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