🚀 𝟑 𝐓𝐡𝐚𝐢𝐥𝐚𝐧𝐝 𝐒𝐭𝐨𝐜𝐤𝐬 𝐋𝐢𝐬𝐭𝐞𝐝 𝐨𝐧 𝐒𝐆𝐗 𝐑𝐞𝐚𝐝𝐲 𝐭𝐨 𝐒𝐤𝐲𝐫𝐨𝐜𝐤𝐞𝐭 𝐀𝐟𝐭𝐞𝐫 𝐭𝐡𝐞 𝐅𝐞𝐝’𝐬 𝟎.𝟓% 𝐑𝐚𝐭𝐞 𝐂𝐮𝐭! 🚀

 

I break down 3 top Thailand stocks listed on the SGX that are poised for explosive growth after the rate cut.

 

After the Fed's decision, these stocks are gaining momentum and could see significant upside in the coming months.

 

>> https://youtu.be/7Sm0dWdfrRA

 

 

The Federal Reserve just cut interest rates by 0.5%, and it's time to capitalize on new market opportunities! In this video, I break down 3 top Thailand stocks listed on the SGX that are poised for explosive growth after the rate cut. If you're an investor looking to make smart moves, this is the analysis you need.

 

🌏 These Thailand giants are listed on the Singapore Exchange (SGX), providing a perfect entry point for investors in Asia.

 

After the Fed's decision, these stocks are gaining momentum and could see significant upside in the coming months.

 

Watch here >> https://youtu.be/7Sm0dWdfrRA

 

 

 

 

 

Thai Stock Whispers: SGX's Hidden Gems for Trading Success

 

Have you ever wondered how you can take a position in some of the Top Thailand companies listed on the SET, without the hassle and additional cost of buying the stocks directly there?

We can take a position in some of the Top Thailand companies like any other stocks listed on the Singapore Exchange.

We can buy what is called Singapore Depository Receipts, in short, SDRs.

SDRs are instruments representing beneficial interest in an underlying security listed on an overseas exchange and are issued for trading on the securities market of the Singapore Exchange by an intermediary, SDR Issuer, on an unsponsored basis.

It will enable SGX investors to expand investment horizons to overseas listed companies in a simple and cost-efficient manner.

So, with the launch of 3 Thai Underlying SDR as at end May 2023, traders and investors in Singapore can now invest in such Thai companies just like any Singapore stocks listed on the SGX with the same settlement procedures and SGD traded currency.

Beginning April 2024, 5 new Thai stocks have been added so there are a total of 8 Thailand stocks that you can take a position now through SDRs.

I will be analyzing the charts of the top 4 underlying Thailand stocks out of these 8 stocks in my opinion one can take a position on as of today.

Will touch on how one can buy the SDRs traded on the SGX easily and the potential target price based on current price levels.

 

The 8 underlying Thai stocks listed in the SET and their codes are:

No.	Underlying Thai Stocks Names	Codes on SET	Codes of Thai SDR on SGX
1	Airports of Thailand	AOT.BK	TATD
2	PTT Exploration & Production	PTTEP.BK	TPED
3	CP All	CPALL.BK	TCPD
4	Advanced Info Service	ADVANC.BK	TADD
5	Siam Cement Group	SCC.BK	TSCD
6	Kasikorn Bank	KBANK.BK	TKKD
7	Gulf Energy	GULF.BK	TGED
8	Delta Electronics	DELTA.BK	TDED

 

1) PTT Exploration & Production (PTTEP.BK) is a leading oil and gas exploration and production company in Thailand and is a top Blue chip on SET with the top 10 weightage.

PTTEP.BK has seen some weakness in the past month with it slowly trading back towards its 148 (S$5.48) support. We have been holding above this level since March 2024 when some bargain hunting returned.

With the 20-day moving average green line still pointing down for now, it can mean that the short-term trend is still down.

One can wait for prices to stabilize above this support with the short-term trend flattening out at least or some bullish reversal candles first before any entry.

A potential rebound can occur all the way to 168 (S$6.22) resistance level where it has retraced lower since last year. Need to see a firm break above this level for a reversal towards 180 (S$6.66).

One can consider entry above 148 (S$5.48) on any slight dips near it if the support holds. Would be good to have a stop loss level at around 142 (S$5.25) to get out in case we fail to hold above 148 (S$5.48) support.

So how does one take a position in PTT Exploration & Production from the SDR traded on the SGX?

Well, you can take a position in this SDR, which is named PTTEP TH SDR (TPED), currently priced at S$5.61.

For an entry near 148 (S$5.48)  to ride to 168 (S$6.22), we are looking at about 13% potential upside as per targets.

 

2) Advanced Info Service (ADVANC.BK) Largest Telco in Thailand.

ADVANC is still seeing a firm resistance at 212 (S$0.78) over the past 4 months that it has not been able to break above.

Can see that we have experienced several slight retracements as prices head towards this resistance. An inverse head and shoulder pattern spotted which as well can point towards a reversal up if this same 212 (S$0.78) neckline resistance is broken.

Any firm break above this key resistance can open the way finally to more upside as it retests its previous high at 225 (S$0.83).

The 20-day moving average green line has started to point up over the past month, which shows that short term trend has turned positive. However, as mentioned, we still need to clear the resistance at 212 (S$0.78) first for now before the uptrend can continue.

So how does one take a position in ADVANC from the SDR traded on the SGX?

Well, you can take a position in this SDR, which is named Advanced Info Service (TADD) currently priced at S$0.775. On any firm move above 212 (S$0.78) on above average volume, one can consider taking a long position to ride towards 225 (S$0.83).

Would be good to have a stop loss level at below 205 (S$0.75) to get out in case the new support fails to hold. Note that for ADVANC, there is a ratio of 10 SDR to 1 underlying stock, so the conversion from Thai bath to SGD will be to times 0.037 then divided by 10.

 

3) Delta Electronics (DELTA.BK) is the largest company listed on SET, beneficiary of structural trends of EV adoption and data centers.

DELTA.BK has finally broken above the 80 (S$2.96) resistance over the past 2 weeks. This was a key level that we have traded below since Feb 2024 so any move above can be meaningful and can mean strength.

With prices breaking above 80 (S$2.96), the 20-day moving average line has also started to slope up more aggressively as the short-term trend points up. 80 (S$2.96) would now be a new support where some bargain hunting has appeared and where one can consider locking in some positions to ride the reversal.

The upside target can be towards 95 (S$3.52) where we saw some selling in Dec last year and where some profit taking can occur. With price holding above 80 (S$2.96), may gradually see the longer-term trend turn up with the 100-day moving average potentially crossing back above the 200-day moving average.

So how does one take a position in Delta Electronics from the SDR traded on the SGX?

Well, you can take a position in this SDR, which is named Delta TH SDR (TDED) currently priced at S$3.13.

One can consider entry above 80 (S$2.96) on any slight dips near it if you see any bullish reversal candlestick near this new support. We are looking at a 17% potential upside as per targets to 95 (S$3.52) first.

Would be good to have a stop loss level at around 75 (S$2.77) to get out in case we fail to hold above the support.

 

Footnote: Currency conversion used from THB to SGD is 0.037.

 

 

Unveiling Thailand's SGX Potential: Your Profitable Guide

 

Have you ever wondered how you can take a position in some of the Top Thailand companies listed on the SET, without the hassle and additional cost of buying the stocks directly there?

We can take a position in some of the Top Thailand companies like any other stocks listed on the Singapore Exchange.

We can buy what is called Singapore Depository Receipts, in short, SDRs.

SDRs are instruments representing beneficial interest in an underlying security listed on an overseas exchange and are issued for trading on the securities market of the Singapore Exchange by an intermediary, SDR Issuer, on an unsponsored basis.

It will enable SGX investors to expand investment horizons to overseas listed companies in a simple and cost-efficient manner.

So, with the launch of 3 Thai Underlying SDR as at end May 2023, traders and investors in Singapore can now invest in such Thai companies just like any Singapore stocks listed on the SGX with the same settlement procedures and SGD traded currency.

Beginning April 2024, 5 new Thai stocks have been added so there are a total of 8 Thailand stocks that you can take a position now through SDRs.

I will be analyzing the charts of the top 4 underlying Thailand stocks out of these 8 stocks in my opinion one can take a position on as of today.

Will touch on how one can buy the SDRs traded on the SGX easily and the potential target price based on current price levels.

 

The 8 underlying Thai stocks listed in the SET and their codes are:

No.	Underlying Thai Stocks Names	Codes on SET	Codes of Thai SDR on SGX
1	Airports of Thailand	AOT.BK	TATD
2	PTT Exploration & Production	PTTEP.BK	TPED
3	CP All	CPALL.BK	TCPD
4	Advanced Info Service	ADVANC.BK	TADD
5	Siam Cement Group	SCC.BK	TSCD
6	Kasikorn Bank	KBANK.BK	TKKD
7	Gulf Energy	GULF.BK	TGED
8	Delta Electronics	DELTA.BK	TDED

 

 

1) Airports of Thailand (AOT.BK) manages and operates airports in Thailand and is a top Blue chip on SET with weightage of 8% as Thailand is focused on Tourism.

Over the past 3 months, we have seen good higher support forming at the 63 (S$2.33) level where we saw a couple of rebounds. This is a good thing as we are now consolidating at a higher level, from the 58 (S$2.15) support we saw in Dec last year.

68 (S$2.52)  is still a resistance where selling has happened again and that is where one can consider locking in some profits too as it approaches. A firm break above this resistance can lead   to more upside towards 76 (S$2.80).

Short-term trend indicators are pointing sideways for now as we consolidate in this range above. There are also signs of the long-term trend gradually reversing too but more confirmation required from the 100- and 200-day moving averages when we see a bullish crossover.

So how does one take a position in Airport of Thailand from the SDR traded on the SGX?

Well, you can take a position in this SDR, which is named AIRPORTS OF TH TH SDR (TATD), currently priced at S$2.36.

As mentioned, this SDR is like a normal Singapore stock where its traded currency is in SGD and settlement procedures the same.

A break and close above 68 (S$2.52) can be a signal to enter a long trade aggressively to ride more momentum with a 11% upside to 76 (S$2.80). Or, if it does retrace back to near its support again at 63 (S$2.33) as mentioned, an entry can be taken for a potential upside of about 7% if we rebound back to levels like 68 (S$2.52).

 

2) PTT Exploration & Production (PTTEP.BK) is a leading oil and gas exploration and production company in Thailand and is a top Blue chip on SET with the top 10 weightage.

PTTEP.BK is back to some sideways consolidation again in the range of 150 (S$5.55) to 160 (S$5.92). You can see that all the moving averages in the longer term and the short term are all flattening out for now.

One good thing to note though is that support has came out quite strongly at 150 (S$5.55). We have spotted some bullish reversal candlesticks near this support, a rebound seen over the past 2 months.

To note that 160 (S$5.92) is a near term resistance for now which we attempted to break in April 2024 but failed. Some selling expected near there again if prices were to approach. Need to see a firm break above this level for a reversal towards 180 (S$6.66).

One can consider entry above 150 (S$5.55) on any slight dips near it if the support holds. Would be good to have a stop loss level at around 142 (S$5.25) to get out in case we fail to hold above 150 (S$5.55) support.

So how does one take a position in PTT Exploration & Production from the SDR traded on the SGX?

Well, you can take a position in this SDR, which is named PTTEP TH SDR (TPED), currently priced at S$5.67.

For an entry near 150 (S$5.55)  to ride to 160 (S$5.92), we are looking at about 6% potential upside as per targets.

 

3) Advanced Info Service (ADVANC.BK) Largest Telco in Thailand.

ADVANC has seen a rebound from its 195 (S$0.72) support over the past month with it nearing resistance at 210 (S$0.77) again. Here is where selling has happened since February this year and sellers seem to be still lurking there. Currently seeing some profit taking near this resistance.

Any firm break above the 210 (S$0.77) key resistance can open the way finally to more upside as it retests its previous high at 230 (S$0.85).

The 20-day moving average green line has started to point up over the past 2 weeks, which shows that short term trend has turned positive. However, as mentioned still need to clear the resistance at 210 (S$0.77) first for now.

So how does one take a position in ADVANC from the SDR traded on the SGX?

Well, you can take a position in this SDR, which is named Advanced Info Service (TADD) currently priced at S$0.755. As it approaches the 195 (S$0.72) support level again, one can time entry on dips for a potential rebound like we have seen in the past 2 months. We are looking at a 7% potential upside as per targets to 210 (S$0.77).

Would be good to have a stop loss level at around 190 (S$0.70) to get out in case we fail to hold above 195 (S$0.72) support. Note that for this ADVANC, there is a ratio of 10 SDR to 1 underlying stock, so the conversion from Thai bath to SGD will be to times 0.037 then divided by 10.

 

4) Delta Electronics (DELTA.BK) is the largest company listed on SET, beneficiary of structural trends of EV adoption and data centers.

DELTA.BK has seen some support coming back over the past 2 months at 70 (S$2.59) when we saw some bargain hunting. Can see that the short term 20 day moving average green line is also flattening out which is a good sign compared to March where it was sloping down aggressively.

Resistance would be quite clear at 80 (S$2.96) for now where we attempted to break in April but retraced down instead. Can expect some selling to occur as we near this resistance again.

However, note that the trend in the longer term is still pointing down for now, unfortunately with the 100-day moving average red line still below the longer term 200-day moving average blue line.

Only a firm move above 80 (S$2.96) can lead the reversal firmly towards 95 (S$3.52) where we may gradually see the longer-term trend turn up.

So how does one take a position in Delta Electronics from the SDR traded on the SGX?

Well, you can take a position in this SDR, which is named Delta TH SDR (TDED) currently priced at S$2.81.

One can consider entry above 70 (S$2.59) on any slight dips near it if you see any bullish reversal candlestick near the support. We actually saw  a Doji candle over the past week which can show that buyers are still near this support. We are looking at a 12% potential upside as per targets to 80 (S$2.96) first.

Would be good to have a stop loss level at around 66 (S$2.44) to get out in case we fail to hold above the support.

 

Footnote: Currency conversion used from THB to SGD is 0.037.

 

Unveiling Thailand's Top Stocks on SGX: The Best of the 8 Revealed

 

Have you ever wondered how you can take a position in some of the Top Thailand companies listed on the SET, without the hassle and additional cost of buying the stocks directly there?

We can take a position in some of the Top Thailand companies like any other stocks listed on the Singapore Exchange.

We can buy what is called Singapore Depository Receipts, in short, SDRs.

SDRs are instruments representing beneficial interest in an underlying security listed on an overseas exchange and are issued for trading on the securities market of the Singapore Exchange by an intermediary, SDR Issuer, on an unsponsored basis.

It will enable SGX investors to expand investment horizons to overseas listed companies in a simple and cost-efficient manner.

So, with the launch of 3 Thai Underlying SDR as at end May 2023, traders and investors in Singapore can now invest in such Thai companies just like any Singapore stocks listed on the SGX with the same settlement procedures and SGD traded currency.

Beginning April 2024, 5 new Thai stocks have been added so there are a total of 8 Thailand stocks that you can take a position now through SDRs.

I will be analyzing the charts of the top 4 underlying Thailand stocks out of these 8 stocks in my opinion one can take a position on as of today.

Will touch on how one can buy the SDRs traded on the SGX easily and the potential target price based on current price levels.

 

The 8 underlying Thai stocks listed in the SET and their codes are:

No.	Underlying Thai Stocks Names	Codes on SET	Codes of Thai SDR on SGX
1	Airports of Thailand	AOT.BK	TATD
2	PTT Exploration & Production	PTTEP.BK	TPED
3	CP All	CPALL.BK	TCPD
4	Advanced Info Service	ADVANC.BK	TADD
5	Siam Cement Group	SCC.BK	TSCD
6	Kasikorn Bank	KBANK.BK	TKKD
7	Gulf Energy	GULF.BK	TGED
8	Delta Electronics	DELTA.BK	TDED

 

 

1) Airports of Thailand (AOT.BK) manages and operates airports in Thailand and is a top Blue chip on SET with weightage of 8% as Thailand is focused on Tourism.

 

Following up from the previous article released in Apr 2024, 68 (S$2.52)  is still a resistance where selling has happened again. A firm move above this resistance would be needed for more upside to happen towards 76 (S$2.80) as per targets drawn.

We have seen a dip towards the 63 (S$2.33) near term support where some bargain hunting appeared. We are starting to see some signs of the longer-term trend potentially pointing up with the 100-day moving average red line starting to slope up finally and price above it.

Over the past 3 months, we have managed to find a bottom around the 58 (S$2.15) level and a higher support has been found at 63 (S$2.33) since which is a positive.

So how does one take a position in Airport of Thailand from the SDR traded on the SGX?

Well, you can take a position in this SDR, which is named AIRPORTS OF TH TH SDR (TATD), currently priced at S$2.43.

As mentioned, this SDR is like a normal Singapore stock where its traded currency is in SGD and settlement procedures the same.

A break and close above 68 (S$2.52) can be a signal to enter a long trade aggressively to ride more momentum with a 11% upside as per target to 76 (S$2.80). Or, if it does retrace back to near its support again at 63 (S$2.33), an entry can be taken for a potential upside of about 7% if we rebound back to levels like 68 (S$2.52).

 

2) PTT Exploration & Production (PTTEP.BK) is a leading oil and gas exploration and production company in Thailand and is a top Blue chip on SET with the top 10 weightage.

PTTEP.BK has seen weakness again and seen a breakdown below the 155 (S$5.74) support level over the past few days. Have been holding above this higher support for more than 3 weeks so a move below can be a short term bearish.

With 155 (S$5.74) as a near term resistance now, we can potentially see a downwards retracement towards 145 (S$5.37), which is the next support holding since the beginning of the year.

One can consider entry above 145 (S$5.37) on any slight dips near it if the support holds.

Would be good to have a stop loss level at around 142 (S$5.25) to get out in case we fail to hold above 145 (S$5.37) support.

So how does one take a position in PTT Exploration & Production from the SDR traded on the SGX?

Well, you can take a position in this SDR, which is named PTTEP TH SDR (TPED), currently priced at S$5.56.

For an entry near 145 (S$5.37) to ride to 155 (S$5.74), we are looking at a 6% potential upside as per targets.

 

3) CP All (CPALL.BK) Operates the 7-Eleven convenience store chain in Thailand.

CPALL has found good support at 54 (S$2.00), over the past 2 months with signs of a reversal still ongoing.

We can see that the longer trend has ceased to point lower with the 100-day moving average line beginning to flatten and eventually pointing up.

Currently facing a key resistance at 60 (S$2.22),  for now where we have traded below for 6 months now and where selling has happened. As prices approach 60 (S$2.22), we can see some profit taking again but watching to see if we can break this key resistance.

With the 20-day short-term moving average green line pointing up, any firm move above 60 (S$2.22) can see the reversal continue even faster towards 68 (S$2.52).

With this happening, there is a potential for a bullish crossover of the 100-day MA above the 200-day MA. This can lead to a trend reversal confirmation.

So how does one take a position in CPALL from the SDR traded on the SGX?

Well, you can take a position in this SDR, which is named CP ALL TH SDR (TCPD) currently priced at S$2.15. As it approaches the 54 (S$2.00) support level again, one can time entry on dips for a potential rebound like we have seen in the past 2 months. We are looking at a 10% potential upside as per targets to 60 (S$2.22).

Would be good to have a stop loss level at around 53 (S$1.96) to get out in case we fail to hold above 54 (S$2.00) support.

 

4) Kasikorn Bank (KBANK.BK) is Thailand’s best domestic bank, beneficiary of BOT’s interest rate hike. Highest traded value bank, ranking 1st in SME Loan and High Net Worth clients.

KBANK.BK has seen some strength over the past 3 weeks with prices holding above the 120 (S$4.44) support.

Here is where we have seen a couple of rebounds since Jan this year and seems like we are pushing away from this support now. Short term trend has started to turn up on this move with the 20-day moving average green line sloping up as well.

The upside target can be to 140 (S$5.18) where which is a key resistance to watch, and we have been trading below it since Feb last year.

Therefore, one can consider locking in profits as we approach 140 (S$5.18) resistance level as that is where selling can appear again.

So how does one take a position in Kasikorn Bank from the SDR traded on the SGX?

Well, you can take a position in this SDR, which is named Kasikorn Bank TH SDR (TKKD) currently priced at S$4.79.

One can consider entry above 120 (S$4.44) on any slight dips near it if you see any bullish reversal candlestick near the support. We are looking at a 15.2% potential upside as per targets to 140 (S$5.18).

Would be good to have a stop loss level at around 115 (S$4.26) to get out in case we fail to hold above the support.

Footnote: Currency conversion used from THB to SGD is 0.037.