Wolf Money(Thai Beverage PCL)sold detail explanations

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The confusion surrounding Thailand ban on alcohol sales during 2pm to 5pm is causing uncertainty to business operators in the F&B and tourism sector. I suspect this might just be a passing issue, but I can’t ignore the effect on alcohol consumption in the short term. It is a law that scored an own goal to Thailand already sluggish economy, marked by falling tourist numbers. More details at the end of the month portfolio update. Brokerage fees will be accounted at the end of month returns. God Bless.

*My deeper worry is for retailer and f&b to shorten the sales hour by another 1 or 2 hours before 2pm which effective cuts the selling hours by up to 5 hours. The law is directed at individuals which are subjected to USD $300 fines if caught breaking the rule. Retailers and drinkers of alcohol are likely to be more cautious so as not to break the law of selling or drinking within the restricted hours. The previous law focused more on the sales side of things, with consumers largely unaffected.

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All investments is highly speculative in nature and involves substantial risk of loss. We encourage our reader to invest very carefully. We also encourage reader to get personal advice from your professional investment advisor and to make independent investigations before acting on information that we publish. Much of our information is derived directly from information published by companies or submitted to governmental agencies on which we believe are reliable but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way whatsoever warrant or guarantee the success of any action you take in reliance on our statements. All information provided are for education only. Buyer beware,do you own due diligence.


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