TRC, I like it again.

TRC, a new model porftolio selection for high earnings and reveneu growth into next year.

TRC (4.04) is a company I have visited at some length in the
past, we members did well there then I walked away advocating profit taking as
one of their ventures did not pan out and I just sort of lost conviction.  Its not that they mislead me, they just
seemed too optimistic and so this is a bit of a risk from the past.   It had period run ups but never really went
anywhere.  If you search my site here you
can likely find some past research on TRC. 

Here is their web site:

http://www.trc-con.com

Just now it caught my attention again because of the
announcement that China will finance the massive railroad venture linking the
two countries. This is a huge and welcomed new project and TRC should get some
of the construction contracts on this as they just today describe in the
Bangkok Post and with an announcement to the SET this morning.  See here:

http://www.set.or.th/set/companynews.do?symbol=TRC&language=en&country=US

“SET-listed TRC Construction Plc will team up with China
Railway Corporation (CRC) to bid for Thailand's rail development
projects, expecting to capture a 10% share of the total project investment.”  Bangkok Post. 
 Here is the link:  http://www.bangkokpost.com/business/news/442801/trc-joins-with-china-firm-for-railway-development

"TRC expects a revenue
surge in 2014 and 2015 driven by the government's planned infrastructure
developments," Mr Samai said.   Mr. Samai is TRC’s managing director.

The company has reported a solid 2 Q. and states in the above story it
expects to generate 4 Bill. in revenues this year up from 2.5 Bill. last year
and grow 20% in year 2015.

TRC stock has not done much looking over the past 12 months,
increasing around 16% very similar to the SET index. .  You can compare SET stocks to the SET index
at this great Bloomberg tool for smart phones:  
http://mobile.bloomberg.com/quote/SET:IND   (not
sure this works in a laptrop/desktop browser. 
I use this tool often to see how individual Thai stocks compare to the benmchark
index.  For example institutional darling
CPALL increased only 4.88% vs. 11.9% for the SET index over the past 12 months.  And DEMCO increased over 132% during this
same past 12 month period.

I am today willing to take another positive with on TRC
(4.04) as the rail project is huge, the recent earings up the management
stating strong revenue growth next year and insider buying of late.  Hence I include TRC today as a new selection
in my current running model portfolio.

I also note some TRC insider buying of late, as shown below: