3 analysts point out that the Thai stock market still has charm. Beauty business - AI Computer has high growth. Gold and digital assets prepare to the Moon.

Three analysts delve into the situation of the Thai and international stock markets, recommending caution in Tech stocks correction, looking at the Thai stock market as still attractive. Ready to play the leading role Just waiting for the situation to be ready. Recommend investing with an understanding of gold, high growth potential during the US election period. Followed by digital assets As for Thai stocks, they are about to make a comeback.

Merkle Capital hosted the MERKLE MAGNIFICENCE seminar: The Three Musketeers, delving deep into the world of investment with financial experts who shared key investment perspectives and strategies. The event provided an overview of investments in Thai and international stock markets, as well as new investment opportunities in digital assets.

Mr. Sorapon Weeramethikul, Assistant Managing Director Head of Investment Strategy Team, Kasikorn Securities Company Limited

Mr. Soraphol Veeramethikul, Assistant Managing Director and Head of Investment Strategy at Kasikorn Securities Co., Ltd., provided information on the topic of "Global Economic Outlook," stating that:

Investing from now on will not be like the past 2 years because of the bad economic period. Prices of risky assets often rise. In the past 2 years, many indicators have been adjusted down to normal conditions.

At present, if the economic numbers are worse than this Risky assets will no longer rise. During COVID, the market overall is weak around the world. The honeymoon period of the world stock market is nearing its end. The bond situation is not as favorable to the stock market as before.

The US stock market accounts for 70% of the world stock market. There are 7 top stocks that have had a significant shift from Growth Stock to Value Stock. In the 3rd quarter of 67, there were 2 important factors:

1. For the tech sector, if the earnings are good, the stock price won't rise , but if they are bad, the stock price is expected to fall by about 5-10% from the target price.

2. Three out of seven tech stocks will have significant events in Q3 : Nvidia will launch Blackwell, Apple will release the new iOS 18 and iPhone 16, and Microsoft will launch new software simultaneously. If these three don't meet expectations, it could drag down the global stock market. Therefore, be wary of a potential correction in tech stocks.

Over the past 6 quarters, the value pay sector has had better performance, such as the Real Estate Finance and Utility groups. In addition, be careful of changes in bond conditions. that will affect the stock market transition Be careful of fluctuations. It is expected that during the third quarter onwards, investment in the stock market will have an opportunity to be facilitated in the Asian region.

However, in the first period of the correction of US stocks Of course, everything will adjust. And the next period will flow towards Value. For Thailand, if the politics are resolved, it is seen that it will benefit the Perform market.

Mr. Phadon Wannarat, Deputy Managing Director Head of Investment Analysis Department Yuanta Securities (Thailand) Company Limited

Mr. Padol Wannarat, Deputy Managing Director and Head of Investment Analysis at Yuanta Securities (Thailand) Co., Ltd., provided information on the topic of "Evaluating Sector Trends," stating that:

The trend of the Thai stock market is starting to look attractive. After Tech stocks began to lose their charm It is believed that more money will flow to the Thai stock market. In addition, having various regulations come in to help create stability for the Thai stock market will have an even greater effect as well. In the past, there were interesting Thai stock groups. These will be stocks in the tourism, food export and medical tourism sectors, which already have good performance, but the other two groups that are expected to have good performance from now on are:

The cosmetic surgery sector in Thailand is experiencing significant growth, driven by factors such as social media, which has fueled global demand. The increasing global aging population, government support including free visas, and affordable service levels in Thailand all contribute to the continued growth potential of the cosmetic surgery industry in the country.

Moreover, the market size will increase. From the Thai population structure The customer group aged 25 years and over will account for approximately 60% in 2050. In addition to growing from increased demand, it is also expected to grow from the increased size of the industry as well.

In addition, the COVID situation is pushing the beauty industry. After returning to normal life, everyone took care of themselves more. The beauty industry in Thailand is worth approximately 64,000 million baht and we believe that it can still grow a lot. It is expected to grow 10% per year until 2030.

Another group is the new form of personal computer that incorporates AI technology, known as "AI PCs," from Thai e-commerce businesses. Currently, global investors are focusing on AI, and Thailand will benefit in the customer electronics sector.

Currently, it is the era of Big Data, the first phase of AI. Its use is to send data to a central location or through the cloud. In the future, AI PCs with processing systems will come along, which will be a big trend. It is expected that sales of AI PCs It will grow from its current starting point of 19% of all PCs by the end of this year. and will reach 60% in 2027, which will greatly benefit Suppliers in Thailand.

Mr. Charoonphan Wattanawong, Head of Research, Liberator Securities Co., Ltd.

Mr. Jaroonphan Wattanawong, Head of Research at Liberator Securities Co., Ltd., provided information on the topic of "Premier Stocks Insights," stating that over the past year, many viewed the Thai stock market as weak and unsuitable for investment. However, with understanding, Thai stocks can be safer. The investment mindset in the Thai stock market is that "the investment world isn't a Hollywood movie." There aren't just villains and heroes; everyone wants to be the hero, but sometimes the environment isn't ready for that growth.

The characteristics of each market are the hero stock market. There will be an upward trend. The simplest strategy is Buy and Hold, but we're in a market where we want to be the hero but the environment isn't ready. The nature is neither going up nor down, there is fluctuation. In order to invest in this market, one must understand the cycle of the market.

However, it is seen that the local market is still a long-term option. For example, Country A benefits from having good stocks. Offshore investment conditions have arisen, with people A having a better understanding of the business of companies in country A, resulting in long-term trust.

Furthermore, it's important to learn how to navigate the market. Currently, there are two approaches to stock selection: stocks that are already good and will continue to perform well (priced-in), based on market share, margin, and growth rate; and stocks that are in a transitional phase (not yet priced-in), which include "stocks that are neither inherently bad nor inherently good," stocks that are stagnant but have growth potential, "stocks that could transform from bland to something more," potentially undergoing major changes, and even "junk stocks" that have gradually become good.

Mr. Peerasit Jiwaphong, Chief Executive Officer, Merkel Capital Company Limited.

Mr. Mana Kaniyo, Chief Business Development and Commercial Officer, Merkel Capital Company Limited.

Mr. Peerasit Jiwapong, Chief Executive Officer, along with Mr. Mana Kaniyo, Chief Business Development and Commercial Officer of Merkel Capital Limited, and three analysts, participated in a panel discussion on the topic "Navigating Asset Classes & Opportunities," discussing that investable assets in the current global market include stocks, bonds, oil, and gold.

The new investment trend is "digital assets," primarily cryptocurrency, smart contracts , and stablecoins. In the past, many viewed digital assets as distant, intangible, worthless, or even scams. However, this perspective has changed significantly.

Bitcoin's market cap is currently the 10th largest global asset by market capitalization. It is seen that there are some connections that can be applied to investments in the old world. Also known as Tokenization.

Regarding assets to watch that are expected to benefit from the US presidential election in approximately four months, "gold is likely to perform well."

Following that, the focus is on digital assets, driven by two factors: regulations and the announcement that over the next 30 years, approximately US$90 million in wealth transfers will occur in insurance and cryptocurrencies.

In addition, debt instruments are another asset that earns good returns because interest rates on bonds will increase. A group of stocks that will be very prominent in the period before the election. Viewed as a logistics stock and after the election Thai stocks will become more attractive.

Factors used in investing As for the big picture, we will mainly look at the country's GDP. In the digital assets section, we will look at MVRV and the global investment landscape. From the perspective of the Thai stock market, look at Gross Profit Margin, stock price, Dollar Index, Bond yield and Trade War. Every investment involves risk. There must be allocation, diversification of risk, adjustment of investment style or having experts invest.

📌 Read news related to cryptocurrency here 📌

📌 Read news related to the Thai stock market here 📌