Posts by Andrew Stotz
Lessons Learned from the 1997 Asian Financial Crisis
It’s now 20 years ago the Asian Financial Crisis hit. Thailand was the epicenter of the 1997 Asian Financial Crisis. I had moved to Thailand in 1992, become a bank analyst in 1993 so I lived through the boom of that time.
Read MoreBusiness DNA: Entering the Global Auto Market
Over the course of 20 years, Yeap Swee Chuan has built a Thailand-based automotive conglomerate, AAPICO Hitech, that’s now gearing up to go global. A book that Mr. Yeap enjoys is Sun Tzu’s The Art of War.
Read MoreDouble-Digit Growth
Double-Digit Growth by Michael Treacy: Growth initiates a virtuous circle, it leads to more growth. Faster growth attracts the attention of stock market investors, who will pay more for the stock.
Read MoreWhat Are the Top Ten Stock Markets in the World?
Chart of the Day: 47,383 stock exchange-listed companies in the world; 32,962 in top 10 countries. India, China, and Korea are the emerging countries that contribute the most.
Read MoreHow Many Companies Are Listed on Stock Exchanges around the World?
Chart of the Day: There are 47 major stock exchanges in the world. Seven are in the Americas, 14 are in Asia Pacific, 26 are in Europe, Middle East, & Africa.
Read MoreDebt in Asia Is Low, Thailand’s Strong ROE Mainly Due to Higher Leverage
Chart of the Day: Asia maintains relatively low debt levels. Thailand has high ROE within Asia, partially supported by relatively high debt.
Read MoreWhat Makes Good Strategy, What Makes Bad Strategy
Good Strategy Bad Strategy: The Difference and Why it Matters by Richard P. Rumelt is a small book that you can read in a few hours. It’s clear and simple, real world, and honest.
Read MoreAsian Companies Have Less Debt than the World, USA Companies are Highly Leveraged
Chart of the Day: World level of net debt-to-equity is 56%, USA relatively high at 75%. Asia has lower risk at 42%. Philippines highest gearing in Asia at 113%, Taiwan lowest in Asia at 25%.
Read MoreThailand Return on Assets Strongest in Health Care Sector
Chart of the Day: Thailand’s 2016 return on assets a strong 5.2%. The best 2016 return on assets was in the Health Care sector, worst was Industrials sector.
Read MoreGlobal Return on Assets of 4% and Asia at 3%
Chart of the Day: Return on assets tells how much profit a company generates from the assets in place. Good for comparing companies in an industry. Disregards how the assets were financed.
Read More