Company Visits

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UKEM, a visit with senior management.

Submitted by PaulRen on Mon, 29/01/2007 - 3:53am

A company visit to UKEM -and so a conclusion to be more cautious in the interim.
Here are some summary findings.

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After the company visit, a change of opinion.

Submitted by PaulRen on Thu, 18/01/2007 - 5:17am

I had a good visit with UKEM last week and based on this, today change my shorter term outlook to a hold on UKEM. Hence, today I wish to announce a change/switch from UKEM to into UEC, as I view UEC has better shorter/medium prospects. Read my reasons why and...

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Ticon an update, post latest BOT measures.

Submitted by PaulRen on Wed, 17/01/2007 - 4:04am

Here is an update on Ticon whose management I just re-visited. I also make some comments on the TFUND, where I remain a fan for income seeking investors.

I now rate Ticon now as "a long term buy", which is a change from the previous "strong buy" view.

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City, don"t leave town without it.

Submitted by PaulRen on Sun, 17/09/2006 - 7:14am

Yet, another visit in person to a smaller cap SET company where my view remains a strong buy.

Higher then average growth, no debt and cash in the bank, majority market share in an important industry. And with its new factory in place now good visibility for future growth...

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Ticon meeting -an updated view.

Submitted by PaulRen on Sat, 09/09/2006 - 9:12am

While Ticon" s overall prospects remain bright, I am concerned with the TFUND units sagging a bit on low volume recently. Here is what I think it means.

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Sahamit Machinery (SMIT), another leader at too low valuation.

Submitted by PaulRen on Fri, 28/07/2006 - 4:32am

SMIT strikes me as yet just another profitable leader at a too low p/e which deservingly belongs in any fully diversified Thai smaller cap value portfolio. SMIT" s shares curreently trading at 1.90, are undervalued with an expected 2006 p/e of only 4.75 -and I so today restate/reafirm my view...

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UMS, an alternative to lignite coal.

Submitted by PaulRen on Tue, 18/07/2006 - 4:28am

Khun Chaiwat stressed the point twice that Thailand is running out of lignite coal -and that his company would surely benefit greatly from that fact. As soo many more customers are converting to using coal now, vs. oil for power, electric and steam generation.

This is the reason...

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A visit to Thai Optical Group Plc.

Submitted by PaulRen on Sun, 09/07/2006 - 8:32am

Thai Optical Group Public Company Limited and its Subsidiary manufacture and distribute optical lenses, it is the country" s leading and largest independent lens producers and has a high technological production.

Here is yet another leader in a globally important industry, trading at a SET p/e discount, yet determined to...

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Another high grower at low valuation and high expected dividends.

Submitted by PaulRen on Sun, 02/07/2006 - 9:20am

TLUXE" s ROE has just recently seen a jump to 21.5% last
year which carried forward to the 1 Quarter of 2006 and I think
it will continue at this impressive level or may possibly even
increase.

Economies of scale are picking up and the time has...

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