I agree. But keep in mind, the Thai monarch does wield tremendous political power in that country (both constitutional power as head of the armed forces, and also soft power via their ability to influence policy outcomes). To the extent KCN is at the mercy of Thai political decision-making (which it clearly has been), the character and temperament of the absolute monarch, King Rama X, is an important consideration in any proper assessment of sovereign risk.
KCN Price at posting:
$1.24 Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)