Company Visits

PaulRen's picture

Leading company, growing faster then SET, trading at discount valuation.

Submitted by PaulRen on Wed, 12/10/2005 - 7:52am

SE-ED (5.3) is trading at an undemanding year 2005 p/e of around 9 -and dropping to 7.3, for next year.

At a discount to the SET averages, this strikes me as too low considering that here is another leading company (majority market share with 25-30% of total book sales...

PaulRen's picture

A re-visit to an previous favorite: Bumrungrad International Hospital.

Submitted by PaulRen on Sat, 08/10/2005 - 4:39am

 Bumrungrad (BH 26.5) is a superb Hospital/company but is it world class medicine with a stock level at world class prices?

I find most if not all of the good news priced in already. At current valuation this price could easily be volatile...

PaulRen's picture

Another growth company with high yield -trading below market SET averages.

Submitted by PaulRen on Fri, 05/08/2005 - 2:40am

Never marry a stock. Always monitor your stock investments. Dont" buy and just hold on forever, as too often things change faster then we perceive in the new century. 

PTL (5.4) has a very strong balance sheet with no long term debts. It is the global leader in its market...

PaulRen's picture

Ticon, another visit in person.

Submitted by PaulRen on Fri, 22/07/2005 - 4:30am

Updates from my latest visit with this key Ticon selection. Coming away as bullish as before.While I think even these solid numbers may prove to be conservative, they indicate a p/e of 6.7 for this year and dropping to 6.3 next year, or a 50% discount to the updated property...

PaulRen's picture

An exciting company visit -SEAFCO

Submitted by PaulRen on Mon, 18/07/2005 - 3:06am

Seafco (4.36) is yet another neat smaller cap company which is nevertheless the clear leader in what it does.

This company commands a 36% market-share and has been in business for 31 years. A family run business for three decades where the owners still own some 45% of the...

PaulRen's picture

Ticon, an update from a company visit

Submitted by PaulRen on Mon, 02/05/2005 - 4:32am

My excitement continues with Ticon and I remain firmly convinced that all remains in place for this firm to earn some 1.50 to 1.60 per share this year, the same as I have been projecting for some months now.

At Ticon" s current market price of 9.7, this translates into a calender year 2005...

PaulRen's picture

Ticon visit

Submitted by PaulRen on Thu, 02/12/2004 - 4:35am

Ticon's stock price has risen about 15% in value since I first pounded the table a month ago.

During this same time the SET index rose less than 4% and the property index about 7%. More importantly the company voted at its board meeting, since then, to establish this new...

PaulRen's picture

Ticon, the transferring of assets into capital.

Submitted by PaulRen on Sat, 13/11/2004 - 9:17am

Ticon's sale of properties into a new Real Estate Fund is a classic transferring of assets into capital and thereby creating of new value.

Since Ticon plans to do this every year, starting with year 2005, the significant capital gain is a recurring one and so should be part...

PaulRen's picture

TICON Investor Presentation Download

Submitted by PaulRen on Fri, 29/10/2004 - 8:50am

We have uploaded a pdf file containing a recent presentation TICON management gave to investors and analysts in Sept. '04.

The presentation contains an overview of the company, the latest financial results, and the short term outlook for the company.

TICON is a top pick by Paul Renaud, made recently...

Pages