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Bangkok Post, Thailand, Nikhil B. Srinivasan Column.
Byline: Nikhil B. Srinivasan
Apr. 1--TIME MAY BE RIPE TO BUY STOCKS AGAIN: The SET is down again. But coming off a phenomenal year -- why should that be surprising? The next support level is 605. But several stocks are starting to look worth picking up now. It is worth considering the catalysts that will drive the market up more than just for a short bounce.
They would include a revival of the EGAT privatisation (which seems to be happening), earnings for the first quarter coming in line with expectations (I don't think they need to be exceed at this point given sentiment) and a decent pick-up in corporate credit growth to confirm the investment trend.
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