Company Articles

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Updates on two previous chosen picks.

Submitted by PaulRen on Thu, 22/02/2007 - 4:58am

An update on two stocks I visited last year and came away with buy views. One worked out well increasing some 70% UMS, the other is lagging by some 10%, TOG. After the recent UMS announcements, I calculate the fair market value of UMS, post the XA date.

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High Growth, low p/e, noble large shareholders.

Submitted by PaulRen on Wed, 04/10/2006 - 5:24am

Here is one of oldest firms on the SET listed back in August of 1976, 30 years ago! A look back shows that its average p/e from year 1984 to 1993 was a high 22.

At a p/e today in the mid single digit ( & below book value)...

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Ticon converting assets into Capital. Act 2.

Submitted by PaulRen on Sun, 13/08/2006 - 9:14am

Ticon has a problem which is that its too successful. The company needs new equity to keep converting assets into capital. With that reality it has just announced a proposed private placement offering of 107 million common shares. Ticon is more and more of a growth stock, yet keeps a...

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Ticon back on the strong buy list.

Submitted by PaulRen on Tue, 06/06/2006 - 9:02am

With Ticon's stock down some 18% since I turned more cautious at the beginning of the 2nd Quarter, the stock at now 15.2, is so as of today back on my strong buy view list. Here is a summary of my reasons why.

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TLUXE raises & catches fish -and so my attention.

Submitted by PaulRen on Mon, 22/05/2006 - 1:28am

Fish farming has grown rapidly during the last few years.

Currently producing nearly 40 mill. tons per year, up from only 13 in year 1990. One third of the fish consumed in the world is now farmed!

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A restatement of the mission and a new selection.

Submitted by PaulRen on Sat, 15/04/2006 - 8:45am

UMS (14.6) has earnings growth potential, is a leader in what it does, has low finacial leverage and has a history of high dividend rates. I think UMS could earn up to 2.70 next year and so is trading at current p/e of 6.4 and expected to drop to around...

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An update with some concerns on SOLAR.

Submitted by PaulRen on Tue, 04/04/2006 - 3:15am

SOLAR, some insider selling, the cancelation of the warrants and no reply to my mail and phone calls.

This is not a "de facto negative", as it may well be that the silent period since listing has lapsed and so some have been ready to sell, regardless of the companies'...

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CITY, an interesting new growth stock

Submitted by PaulRen on Thu, 23/03/2006 - 2:54am

City Steel came public at a price of 2.94 Baht in mid February.  At this IPO price CITY traded at 6.25 times earnings, well under the industry average of 9.21 times.  Yet, another heavy discount rating to a leading company which is growing considerably faster then the industry, solely due to its small cap....

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A new growth stock at reasonable valuation.

Submitted by PaulRen on Thu, 16/03/2006 - 9:25am

Here is the top franchise public company for mega fitness centers in Thailand, expanding from currently 6 to 11 fitness centers this year.  A new growth stock choice of mine.

Total Revenues have increased some 4 times since 2002,  and profits have gone from 25 mill. Baht to expected 70 million for last full...

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