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Investment Guru Mobius Upbeat on Thailand

Category: Tourism, Posted:07 May 2009 | 09:23 am

During a conference in Bangkok a few weeks ago head of the multi-billion dollar Templeton Emerging Markets Fund Mark Mobius has been widely quoted for being optimistic on the economic prospects of the country and the SET (stock exchange of Thailand). With the SET currently trading in the range of the low 400's versus highs in the 1500's in the mid 1990's he sees strong dividend yields and a currently undervalued stock market.
The banking and energy sectors have been singled out, though tourism remains questionable in terms of volatility. As with many key financial players he takes a long term view of the markets and while Thailand has traditionally not lived up to its potential in regards to how outsiders assess the valuations of the market; there is much more upside potential then downside risk.

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Destination Ink Radisson For Patong Hotel

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Hilton Phuket Arcadia Reflagged To ACCOR’s Pullman Brand

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