Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Maybank Kim Eng’s Montree Says Thai Stocks Remain ‘Attractive’

Montree Sornpaisarn, chief executive officer of Maybank Kim Eng Securities (Thailand) Pcl, the nation’s largest stock brokerage, comments on the nation’s stock market and the impact of floods. He spoke today in a meeting with investors, which was broadcast via the Stock Exchange of Thailand’s website.

On Thai stocks:

“In term of valuations, Thai stocks remain attractive. The price-to-earnings ratio is still very low compared with other Asian countries. The impact of floods on the economy will be only for a few quarters. The government’s spending on rehabilitation will help the economy rebound next year.

‘‘The economic slowdown will probably prompt the central bank to cut benchmark interest rates in the next few meetings to spur growth. That should benefit equity investments.

‘‘Producers of cement, ceramic tiles and other building materials will be the biggest beneficiaries from the reconstruction following the flooding. We are quite positive about this sector.’’

-- Editor: Richard Frost

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.