Investing in Third world shares might seem like a needlessly risky and complicated thing to do, but its not as difficult as might be imagined and there are some good reasons for doing it. For example if you wanted to invest in oil companies, you would have done a lot better in the last couple of years with Thailandâs PTT than Exxonmobil. Today PTT has a pe of 8 against XOMâs 14. My investments in Thailand over the last year have done OK (Iâve detailed them here ) Iâm surprised how little interest there is in this areaâ¦.
This kind of returns is not very uncommon also for some European exchanges (bull market) plus you have a lower currency risk as the quotes are in Euros. For example the 1- year charts for 4 of the biggest cap stocks in the Athens stock exchange. a bank a telecom an oil comp a betting comp (this had an IPO of 5 euros per share and has now a cap above 8 billion euros) P.S. This is not a suggestion for entering at these levels
Contact one of the brokers on this page All you need is a certified copy of your passport. Unless you live in Thailand you can't buy shares on margin.
check out IFN and IIF - both india based ETF's. while you are at it check out ILF .... woof! to the moon...
i recall goldman paying a large premium for shares in a publicly traded thai hotel chain at the bottom of the asian crisis. I don't recall the name but suspect it worked out very well. how does a foreigner open a thai brokerage account?