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  #5176  
Old 14-01-2014, 07:22 PM
TonyCheong TonyCheong is offline
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Thailand Economy

Quote:
Originally Posted by justl00king View Post
I waiting to load some bahts once the rate hits above 26.
Brudder very volatile leh!
Even at THB26.00+ don't be too happy yet.
This political turmoil could last until the next quarter.
One thing I know is when approaching Songkran (April) protesters surely take time-out temporarily.

Today SET index up again.
THB gain against SGD.
Down to THB25.8+.

My personal opinion is change 10% more THB to use still can.
Or wire money over to Thailand to make your Cuntdominium payment.
Pak etct88 just bought Jomtien Cuntdominium(s).
No matter what still better than the THB23-24 rate of these past few years.

For Forex speculation still very volatile.

Last edited by TonyCheong; 14-01-2014 at 07:35 PM.
  #5177  
Old 14-01-2014, 08:05 PM
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naemlo naemlo is offline
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Re: Thailand Economy

Quote:
Originally Posted by TonyCheong View Post
This political turmoil could last until the next quarter.
One thing I know is when approaching Songkran (April) protesters surely take time-out temporarily.
If a protest lasts for months then it will end with nothing, stream lost.... Majority will have no patience to protest for 3 months.... Imagine, u have to be under the sun for 3 months. Eat, shit, pee have to internally "fight", buey sian meh?? End of the day, protesters will also ask, what are they protesting about?

Assume money is not a concern and u dun work.... ask u every nights go same G-club and enjoy, hug different gers, u also sick of it. U are enjoying in air con room with beauties and drinks while protesters under sun....
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  #5178  
Old 14-01-2014, 11:14 PM
TonyCheong TonyCheong is offline
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Thailand Economy

Quote:
Originally Posted by naemlo View Post
End of the day, protesters will also ask, what are they protesting about?
This one must see the sponsors have deep pockets or not.
  #5179  
Old 15-01-2014, 12:49 AM
hawk88 hawk88 is offline
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Re: Thailand Economy

Just check at Chinatown - 25.8
  #5180  
Old 15-01-2014, 05:23 PM
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justl00king justl00king is offline
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Re: thai baht rate update

Quote:
Originally Posted by TonyCheong View Post
Brudder very volatile leh!
Even at THB26.00+ don't be too happy yet.

No matter what still better than the THB23-24 rate of these past few years.
Bro, my trips last year were also around the THB23-24 rate range. So now if can reach above 26 should be good. Dun intend to change much, probably just SG4k to cover next trip.

If bahts to weaken further, just load more to average.

Quote:
Originally Posted by hawk88 View Post
Just check at Chinatown - 25.8
Thanks for update!
  #5181  
Old 15-01-2014, 06:03 PM
BlueDragon193 BlueDragon193 is offline
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Re: thai baht rate update

Today afternoon rates at...

SG - Sheen Int'l in The Arcade - 25.77320 bahts.
J8 - 25.75 bahts.

Bkk - Siam Exchange / Green Superrrich - 25.55 to 25.75 bahts.
  #5182  
Old 15-01-2014, 06:45 PM
Nonteerak2553 Nonteerak2553 is offline
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Re: thai baht rate update

Quote:
Originally Posted by BlueDragon193 View Post
Today afternoon rates at...

SG - Sheen Int'l in The Arcade - 25.77320 bahts.
J8 - 25.75 bahts.

Bkk - Siam Exchange / Green Superrrich - 25.55 to 25.75 bahts.
Seems it's getting stronger. Lucky I changed when it's good rate last week.
  #5183  
Old 15-01-2014, 09:08 PM
sheridan sheridan is offline
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Re: thai baht rate update

Quote:
Originally Posted by Nonteerak2553 View Post
Seems it's getting stronger. Lucky I changed when it's good rate last week.
It's more due to weaker SGD
  #5184  
Old 16-01-2014, 04:11 PM
sylves512 sylves512 is offline
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Re: thai baht rate update

Yishun NP at 25.5
AMK hub a 25.6
seem like sg dollar weaker now
  #5185  
Old 16-01-2014, 09:28 PM
jkljkl jkljkl is offline
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Re: thai baht rate update

Just saw a new super rich $$ changer counter setup at the linkway between airport rail link and phaya thai BTS.

Not in operation yet. The counter is empty now, only a signage is put up.


Exchange rate in BKK seems to be fall in since Monday. It's now
25.45, compared to the Monday high of 25.95.
  #5186  
Old 16-01-2014, 09:59 PM
juz_mic juz_mic is offline
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Re: thai baht rate update

Quote:
Originally Posted by jkljkl View Post
Just saw a new super rich $$ changer counter setup at the linkway between airport rail link and phaya thai BTS.

Not in operation yet. The counter is empty now, only a signage is put up.


Exchange rate in BKK seems to be fall in since Monday. It's now
25.45, compared to the Monday high of 25.95.
Super rich is at 25.60 and 25.70 (1000 note). THB is still on the retreat due to the political turmoil, so not worthy of entering the market now. The slight drop in rate is due to SGD also weakening in the same period due to the article in NYT about Singapore facing a Iceland-style meltdown. It's knee-jerk and I expect SGD to cross 26.00 by next week.
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  #5187  
Old 16-01-2014, 10:27 PM
TonyCheong TonyCheong is offline
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Re: thai baht rate update

Quote:
Originally Posted by juz_mic View Post
Super rich is at 25.60 and 25.70 (1000 note). THB is still on the retreat due to the political turmoil, so not worthy of entering the market now. The slight drop in rate is due to SGD also weakening in the same period due to the article in NYT about Singapore facing a Iceland-style meltdown. It's knee-jerk and I expect SGD to cross 26.00 by next week.
Yes I agree don't enter the market too soon.

By the way it's a Forbes Magazine article by Jesse Colombo not New York Times article.
  #5188  
Old 16-01-2014, 10:40 PM
juz_mic juz_mic is offline
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Re: thai baht rate update

Quote:
Originally Posted by TonyCheong View Post
Yes I agree don't enter the market too soon.

By the way it's a Forbes Magazine article by Jesse Colombo not New York Times article.
Thanks for the correction.
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  #5189  
Old 16-01-2014, 10:49 PM
TonyCheong TonyCheong is offline
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Arrow Forbes Magazine

Quote:
Originally Posted by juz_mic View Post
Thanks for the correction.
No problem.
Knowledge is power.
My parents always tell me to study and read more books since young but never listen.
That's why now so chum work like a dog.

Here's the latest article rebuttal by Jesse Colombo to Monetary Authority of Singapore's denial of the possible Meltdown that Singapore faces.
  #5190  
Old 16-01-2014, 11:10 PM
juz_mic juz_mic is offline
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Re: Forbes Magazine

Quote:
Originally Posted by TonyCheong View Post
No problem.
Knowledge is power.
My parents always tell me to study and read more books since young but never listen.
That's why now so chum work like a dog.

Here's the latest article rebuttal by Jesse Colombo to Monetary Authority of Singapore's denial of the possible Meltdown that Singapore faces.
I read the initial article but didnt know of this follow-up. Was a very interesting read nonetheless.

Keeping my finger cross that the bubble never burst though, otherwise we may well be stuck right here. Maybe it's time to sell all the property and convert them into thai baht.....

Cheers...
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