GARYO FINANCE Insights

Without financial visibility, decisions are guesses.

This newsletter turns ASEAN financial data into investor-ready decisions.
Trusted by finance professionals making capital decisions.

Articles

CapEx

Apr 13, 2026

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7 min read

Why CapEx Is Easier to Approve Than to Measure

Why big investments are often reviewed less rigorously after approval

Dai Kadomae

Valuation Framework

Mar 30, 2026

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4 min read

CapEx in Valuation

Why Internal Decisions Don't Match External Models

Dai Kadomae

WACC

Mar 7, 2026

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3 min read

The WACC Pitfall: How Hybrid Capital Valuation Can Make or Break Your Deal

Precision in WACC: Determining Deal Outcomes — The True Cost of Hybrid Capital and Valuation in ASEAN Markets

Dai Kadomae

Valuation Framework

Thailand's Valuation Ceiling: Why MINT is Bypassing the SET for Hong Kong and Singapore

Mar 2, 2026

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5 min read

Thailand's Valuation Ceiling: Why MINT is Bypassing the SET for Hong Kong and Singapore

Beyond the Valuation Ceiling: Addressing the Urgent Need for SET Liquidity Enhancement

Dai Kadomae

Balance Sheet Analysis

When Dividends Signal Stress, Not Strength

Jan 23, 2026

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3 min read

When Dividends Signal Stress, Not Strength

The Hidden Cost of Paying Out in Thai Equities

Dai Kadomae

Investor Relations

Jan 18, 2026

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3 min read

Record Dividends, Persistent Discount

Why dividends alone cannot rebuild confidence in Thai equities

Dai Kadomae