Thai Fund, Inc. (TTF)

FWHEBY1 (30.47) Submitted: 10/05/07 12:14 PM : Start Price: $13.49 TTF Score: -5.31

While there are many negatives for stocks of Thailand (military junta leading the country, a revered king who is ailing and is almost 80), all of these are already known to investors, and are fully recognized in the stock price of TTF, and have kept the price much lower than if all were well. But elections are promised to be held within 2 months, and when democracy is restored, many investors who have been avoiding the market here will flock to one of the most undervalued markets in the world. Watch for a vibrant rebound in stock prices before the end of the year.

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