Across the ASEAN: Of Thai Markets and Warnings on Asian Profit Margins with Andrew Stotz
Equities in Bangkok have been doing rather well in recent weeks – and Andrew Stotz of A Stotz Investment Research thinks it’s a combination of a strong and steady baht and some broad-based market relief feeding into Thai markets. But he also notes that profit margins for small firms across Asia have been narrowing as of late, and could pose problems down the road. He advises investors to look for companies with solid cash conversion cycles when picking stocks.
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