FIN Sector : A move to the 1000 mark looks likely to us.
July 24, 2011 1 Comment
The Thai FIN sector will rally to 1000 points or so over the next week or two, and could offer up some good VST trading opportunities in broker stocks. The sector has an amazing history and even though its a laggard now, after 14 years of pain, it’s beginning to look LT attractive. It make take another few quarters, but on a very long term basis we think upside potential looks impressive.
For the shorter term it should hit 1000 soon, maybe a tad higher to nearer 1100.