Bert Manit webpage owner Manit Sarayuttikorn recommends that investors choose stocks that are not affected by the new government's policies, as the Thai stock market is expected to move horizontally over the next two months. His main focus is on making a profit in both futures and stock purchases.
There may be some deviation from the expected direction of the market, according to polls conducted before the official election results. In this case, it may be necessary to reduce losses to minimize them, notes Manit.
With the Move Forward party leading the way in forming a new government, the direction of the stock price is becoming clearer, although the official election results, including the vote for prime minister, are still pending. Therefore, it can be assumed that the Thai stock market will remain volatile for the next two months.
Manit recommends buying stocks that are unaffected or unrelated to the policies of the new government, preferring stocks in the beverage industry and avoiding stocks in the electricity sector and stocks of large companies.
Investing in stocks with strong fundamentals can also be considered a solid opportunity, although Manit recommends carefully reviewing financial statements, profitability, and performance numbers before making a purchase.
After analyzing Manit's recommendations, investors can formulate their investment strategy in the Thai market. Choosing stocks independent of government policy, especially in beverages, can offer stability in a time of uncertainty. However, it is important to remember the need to carefully study the financial performance of companies and regularly monitor the economic situation in order to make informed investment decisions. In a "flat" market, where there is no clear direction, the strategy of minimizing potential losses becomes an important part of successful investment activity.
