Hidden stock gems
Re: "Foreign investors seeking clear policies amid volatility", (Business, June 10).
SET President Asadej Kongsiri is absolutely correct in that there are many hidden investor gems here. There are reputable long-standing SET/MAI-listed companies that are profitable, while paying very high dividends, often 20 times more than Thai bank savings deposit accounts, and double many Thai corporate bond yields.
And this is in Thailand, which, of late, has reportedly had one of the world's lowest -- or none at all -- inflation rates, along with its firm baht currency. The problem is and remains: Most brokers only follow the glorious top 20 or so companies, which are, alas, viewed with a trading bias. Hence, these high-yielders are most often off the radar screens and well underresearched or even known, all to the detriment of the SET, these forgotten companies, and investors.