Company Articles

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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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Guide to Thai Property Funds.

Submitted by PaulRen on Fri, 06/01/2006 - 8:30am

A Property Fund for Public Offering (PFPO) is a property fund publicly listed on the Stock Exchange of Thailand (SET). Here is a complete listing of all listed Thai Real Estate Investment Funds. I am not aware of any other source which shows this in such a comprehensive format.

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A January rally, a single selection and falling long term interest rates recently.

Submitted by PaulRen on Sun, 11/12/2005 - 9:14am

I think a January rally should materialize next month.  While it is always good to have a diversity of stocks, below is one selection which I think might well do best -during the first part of next year.

Long term Thai interest rates have been declining recently.  If these...

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A member article from exactly one year ago.

Submitted by PaulRen on Fri, 21/10/2005 - 8:54am

Here is the exact member article from October 26 '04. I turned maximum bullish on Ticon on October 26, at then market price of 5.95.  Back then viewing it as "a very strong buy". During the next many months I pounded the table on this selection again and again and in fact it was...

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A micro cap with high growth, low valuation and decent dividend.

Submitted by PaulRen on Tue, 20/09/2005 - 2:55am

Exports numbers for Thailand recently are strong again and electronic seems to be a bit in vogue.  Here is an original member article first published on September 16 '05.

But I shy away from my old flavor KCE, due to high debts. Yet, SPPT (3.5) may just be a next neat...

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CPNRF fund, I say switch into the TFUND

Submitted by PaulRen on Thu, 08/09/2005 - 7:35am

TFUND (9.95) owns the factories and so is a superior fund in my view. Besides the current yield is higher on recent market trading prices -and there are no leaseholds issues. This shows  yet again why smaller is often more rewarding, when it comes to SET investing.

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Not all REIT’s are created equal!

Submitted by PaulRen on Thu, 01/09/2005 - 2:28am

Investors in new Thai REIT's here must be careful not to get into a possible long term "investor trap" of leased rather then owned properties.

Where the lease contract of properties held by a fund does not have a "sinking fund" provision. Some REIT’s long term lease rather then own...

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