Investment Ideas

The Phoenix will rise again: Turnaround operation in 2020 from new S Curve product with long term growth prospect. KCE (KCE:TB) core business is the production and distribution of custom Printed Circuit Boards (PCB), manufactured from copper clad laminate under the KCE trademark. KCE's pcb products are used in a wide variety of applications including … Continue reading KCE: KCE Electronic Public Company Limited

Rebuilt customer’s credibility and regain trustworthiness of Investors. MCS has been disappointed investors for the last 3 years since early of 2017 to 2019. As you could see on the stock price performance which plummeted from its peak at 18 baht/share in late 2016 to the lowest point at around 7 baht/share due to these … Continue reading MCS: M.C.S Steel Public Company Limited

Doubling capacity comes with Working capital challenges                NER was listed in SET on 07-Nov-2018 and the IPO was at 2.58 baht/share. Unfortunately, the capital market in late 2018 wasn’t that good therefore, NER price hit lowest point at 1.7 baht/share at the end of 2018 down -34% from … Continue reading NER: North East Rubber

Speculating on 1) Turnaround of FSU business and 2) Better perform in Oil tanker business.                 PRM operates oil-related businesses 1) Oil tanker logistic both domestic route and international route 2) Floating storage unit service (Oil and petrochemical products stored in vessel competes with onshore tank) 3) Floating storage and offshore exploration service which mainly … Continue reading PRM: Prima Marine (Update 1q19)

The temporary mistakes leave the opportunity wide open? The first mistake of SAWAD that plunged the stock price from around 60 baht/share to around 30 – 34 baht/share was the unknowingly surprise from spiking of NPL to 7.5% (exc. prior NPL from BFIT) in 1q18 from 3.9% in 4q17 and relative to normal historical level … Continue reading SAWAD: Srisawad Corporation

Stepping into the next growth phase. The Platinum group is property developer of the successful wholesale shopping mall in the heart of Bangkok called “The Platinum Pratunam fashion mall” which always perform at their best with nearly 100% of occupancy rate and ability to increase rental price at inflation growth 3-5% per annum. In addition, … Continue reading PLAT: The Platinum Group

From Regulatory risk to investment opportunity? MTC has been labeled as a growth stock since the IPO in late of 2014 due to aggressive branch expansion and promising loan growth in every year after unlocked funding problem. But in the recent period, MTC’s price declined for more than -25% to 32-34 baht/share from its peak … Continue reading MTC: MuangThai Capital

FSMART:- Diminishing Return Phase. FSMART once was one of the best performers in 2015-2016 it produced return approximately +300%, it can triple your capital within 2 years and for the compound annual growth rate (CAGR) roughly 73% per year since the first day of IPO in late 2014 at 5 baht/share (IPO price 2.5 bath/share) … Continue reading FSMART: FORTH SMART SERVICE

One of the leading truck hire-purchase company in Thailand. Thani has been in the commercial truck hire-purchase market for almost 40 years. To operate hire-purchase services for financing new vehicles and used one, it is not only having the money to do the contract but it needs all of this key success factors Funding: availability … Continue reading THANI : Ratchthani Leasing

The largest LPG cylinder manufacturer in the world with the plenty of growth in developing market. Investment thesis SMPC is high profile company in LPG cylinder market that always deliver world class quality product on time. SMPC is on the supplier list of major oil companies which are now penetrating into developing market such as … Continue reading SMPC : Sahamitr Pressure Container