No hugs and no claps of much, just an impressive company continuing on its success story. Today DEMCO is the class act. But you would never know it from reading the local or international press, or watching the "Discovery Chanel".
Here are some updates on my clearly stated favorite which now is getting lots of deserved news attention. This due to the reality of Thai electric shortages to come, that is,unless this is addressed far more.
Here I make some changes to the model portfolio and share some of my reasons for it. It is always a risky task to take a loss and then move it into another stock -as there is a chance of a double mystake.
Once again, broker confusion if not outright misreporting, creates a near panic. To us its an opportunity where other previously missed it. DEMCO remains a buy and here is why they got it wrong.
(Corrected on Sept 29 and this letter sent to Kim Eng).