Archive

Dive into a collection of past posts and rediscover timeless content.

Valuation Framework

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

Mar 2, 2026

•

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

•

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

•

3 min read

Record Dividends, Persistent Discount

Why dividends alone cannot rebuild confidence in Thai equities

DAI KADOMAE

Corporate Governance & Disclosure

Is Your Company's Share Price Fairly Valued? If Not, Why?

Dec 26, 2025

•

4 min read

Is Your Company's Share Price Fairly Valued? If Not, Why?

ASEAN Mispricing - The Two Sides of The Same Coin

DAI KADOMAE

Funding Cost & WACC

Dec 23, 2025

•

3 min read

Another roadblock:Interest Expense

Why WACC breaks before financial modeling begins

DAI KADOMAE

Funding Cost & WACC

Why I deliberately exclude CAPEX and working capital assumptions

Dec 22, 2025

•

3 min read

Why I deliberately exclude CAPEX and working capital assumptions

Why management-driven decisions do not belong in cross-border valuation.

DAI KADOMAE

Financial Comparability

Dec 20, 2025

•

4 min read

Why the Numbers Look Comparable — but the Fundamentals Are Not

A measurement problem hiding behind familiar financial labels.

DAI KADOMAE

China+1

Oct 24, 2025

•

5 min read

ASEAN Rising on investors' Radar

From risk realignment to Vietnam’s FTSE upgrade

DAI KADOMAE

Safe Haven vs Growth

Sep 26, 2025

•

3 min read

Thailand’s Terms of Trade Paradox

Safe Haven for Investors, Stagnation for the Economy

DAI KADOMAE

Thailand Bond Market

Sep 25, 2025

•

4 min read

Thailand’s Bond Yield Paradox

From policy rates to bond yields: how Thailand became ASEAN’s safe haven

DAI KADOMAE

Archive

Dive into a collection of past posts and rediscover timeless content.

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

When Dividends Signal Stress, Not Strength

Record Dividends, Persistent Discount

Is Your Company's Share Price Fairly Valued? If Not, Why?

Another roadblock:Interest Expense

Why I deliberately exclude CAPEX and working capital assumptions

Why the Numbers Look Comparable — but the Fundamentals Are Not

ASEAN Rising on investors' Radar

Thailand’s Terms of Trade Paradox

Thailand’s Bond Yield Paradox

GARYO FINANCE Insights