"Stecon is one stock which today got my attention again. It appears now oversold and should have a good upcoming year, after this year's temporary set back. As Mr. Thaksin gets re-elected, infrastructure projects will surge and Stecon should benefit. The...
Ocean Glass has been a favourite of Thaistocks.com. Recent stock price performance has been disappointing. There was positive news a couple months back when the company announced that it will be adding another glass furnace (they currenlty operate two furnaces). This is a fairly large and expensive project, but will...
Thaistocks.com rates CFRESH as a speculative buy on the basis that it may be oversold and that it may soon be recovering to sales and earnings levels of the past.
From a recent Kim Eng research report:
"Seafresh Industry (CFRESH) normalised profit rose 20% yoy in 2Q04 to...
Stecon stock is down from the 18 to 22 Baht range earlier this year and lost about 20% in value since I removed it from the model portfolio, just a few months ago. Today at 8.65 Baht, I would now add STECON back to a diversified portfolio of solid Thai stocks.
"The trend in 2004 and 2005 is expected to continue with growth, as the market in the provinces is very strong because ceramic tile is convenient and cheap. DCC concentrates sales through franchise factory outlets at 140 stores. These low cost outlets...
"Our core business is the production and distribution of custom, rigid Printed Circuit Boards (PCB), essentially electrically conductive circuits manufactured from an epoxy glass, copper clad laminate, under the KCE trademark. With continual technology development, our growing customer base has required us to produce more complex and sophisticated boards including...
"The success and speed of Asia's future economic growth depends on an ever-increasing supply of affordable electric power. This, in turn, will necessitate access to cheap, plentiful and reliable sources of fuel for power generation. As Asia’s single most abundant energy resource, no one can deny...
TIPCO is another long time favorite of Thaistocks.com. The company produces top-quality juice products and is the industry market share leader in Thailand, as well as a leading exporter of Pineapples all over the world.
Over the years Paul Renaud has made visits to the company and written many...
Modern has been a long time favorite of Thaistocks.com, and will likely continue to be into the future.
The company has an attractive dividend yield of 8.5% and a realistic PE ratio of 10.3. Modern produces high quality office and residential furniture, the immediate sales outlook is positive according...