ZURICH, Switzerland, Feb. 8, 2006 (PRIMEZONE) -- Thaistocks.com AG, a leading independent Thai investment news boutique established in 1997, today announces that superb long term investment values can be sought on the Thai stock exchange.
"The Thailand stock market is among the most undervalued in the region and deserves a far better understanding," says Paul Renaud, Thaistocks.com's founder and publisher. Thailand is one of SE Asia's largest and fastest growing economies, yet stocks listed on the exchange are among the least valued in this region. "The Thai stock exchange is mostly undervalued and full of growth opportunities, especially so if you look beyond the obvious," so says Renaud. Thai listed companies on average are growing twice as fast as listed average U.S. companies, yet their p/e ratio's are less then half of listed U.S. firms. Many Thai companies pay some 6-9% in annual cash dividends, more then double compared to stock markets in developed countries.
Since 1997, Thaistocks.com has delivered regular unbiased and objective investment opinions, on location, on all aspects to successful long-term investing in one of the world's fast growing economies. While the SET index is heavily weighted with large blue chip stocks, the fact is many secondary companies have been stellar performers for years. One recent example is Ticon Industrial Estate (Ticon, 15.6). Thaistocks.com viewed this stock as "maximum bullish" in late year 2004. Since then, Ticon's price has soared some 160% in value since, while the Thai stock index (SET) has increased less then 10% during the same period.
One big advantage for members is that Thaistocks.com does not bother with the over-analyzed largest capitalized Thai stocks.
About Thaistocks.com
Thaistocks.com is an investment opinion Web site/portal which has reported unbiased and objectively since 1997 on all aspects to successful Thai stock market investing. Members to the site get the benefit of 15 years of experience by a long proven professional ex-Morgan Stanley broker whom founded Thaistocks.com in 1997, where the focus is on deep values, not share liquidity. Forbes has rated http://www.thaistocks.com as the "Best of Web" for six years running.