Thaistocks.com has been about rational & value investing, since 1997. April 30 '2024 marked its 27th anniversary which ended my running this site -due to lack of real SET reforms and more....this best-name & long lasting Thai site/URL is now For Sale. We are not and never were investment nor financial advisors/nor fund managers, just publishers of unbiased, experienced & long professional viewpoints with 40+years of investor experience. As always since 1997, I here only publish my own unbiased view points". "Integrity has always been my competitive advantage".
There is a tunnel-underpass here which is a bit narrow, so it clearly states "no motorbikes allowed". Yet, just about every week there is an accident in there, almost always due to a motorbike crashing. Then the whole tunnel shuts down sometimes for many hours. Yet, Thai police are never present to fine the offenders (yes, foreigners as well). So this sad-saga continues' week after week for years already: Tunnel closed, huge traffic congestion yet again all because violators do not get fined -coming out the tunnel. And the tragedy continues. So for some time most responsible car drivers avoid this underpass as they never know if its closed again all due to violators not getting fined. Similar on the Thai Stock exchange (SET) were violators (and brokers) hardly ever get fined. And so "bad money chases out good", just as the good drivers then have to traffic...