Bangkok: The second installment of SET Zooom in Live, titled "Veteran Investors Analyze the Stock Market Game," provided an opportunity for leading figures in the Thai stock market to share their experiences and insights. The morning session, "Veteran Analysts and Insights into the Stock Market," featured prominent speakers such as Nattawat Onrat, Terdsak Taweethiratham, Padimphop Songkroh, Kavee Chookitkasem, and Sukit Udomsirikul, who discussed lessons learned from past crises and strategies for future investments.
According to Thai News Agency, the session began with discussions on the lessons learned from past crises. Nattawat Onrat reflected on the impact of the 9/11 attacks on his investment strategy, emphasizing the importance of diversification and cash reserves. Kavee Chookitkasem shared his experience during the Tom Yum Goong crisis, which led him to adopt a value investing approach inspired by Warren Buffett. Padimphop Songkroh highlighted the significance of cutting losses and using historical patterns of crises to inform his investment plans.
The discussion also addressed the potential rise of the Thai stock index. Nattawat Onrat expressed confidence in reaching the 1,700-point mark this year, while Padimphop Songkroh noted positive momentum from the Bank of Thailand's revised GDP forecast. Sukit Udomsirikul and Kavee Chookitkasem shared optimistic views on the continued upward momentum of Thai stocks, supported by Thailand's strong fundamentals. Therdasak Taweethiratham announced an upward revision of the index target to 1,720 - 1,730 points, based on market earnings per share and a decrease in the risk premium.
The panel also explored the strategic opportunities in the Thai stock market. Kavee Chookitkasem highlighted Thailand's geographical advantages and the increasing demand for data centers. Terdsak Taweethiratham emphasized the attractiveness of the Thai stock market due to its low policy interest rate and commodity stock structure. Nattawat Onrat expressed confidence in the sustainability of current fund flows, focusing on large-cap stocks.
Adapting to technological advancements and AI was another key topic of discussion. Terdsak Taweethiratham and Nattawat Onrat shared their experiences using AI to process data and gather insights. Padimphop Songkroh emphasized the importance of human intellect in finding counter-intuitive investment opportunities, while Kavee Chookitkasem developed AI tools to manage portfolios more efficiently.
The event concluded with advice on post-retirement investment strategies. Nattawat Onrat recommended investing in familiar fields and buying strong stocks during market downturns. Therdsak Taweethiratham supported mutual funds and high-dividend stocks, while Padimphop Songkroh focused on land and thematic mutual funds. Kavee Chookitkasem emphasized discipline and knowledge, suggesting investments in undervalued stocks with good returns.
For those interested, a replay of the SET Zooom in Live session is available, offering a deeper dive into the insights shared by veteran analysts.