Thai Undiscovered Gems With Strong Fundamentals

Shangri-La Hotel

Market Cap: ฿5.1b

Operates hotels in Bangkok and Chiang Mai provinces.

TSTE

Market Cap: ฿4.2b

Primarily engages in the production and distribution of wheat flour in Thailand.

Thai Steel Cable

Market Cap: ฿3.8b

Manufactures and distributes automobile and motorcycle control cables, and automobile window regulators in Thailand.

Saha-Union

Market Cap: ฿8.1b

Engages in plastic, rubber and metal, chemicals, trading, energy, hotel, investment, and other businesses.

Muramoto Electron (Thailand)

Market Cap: ฿5.6b

Manufactures and sells metal and plastic parts for audio/visual equipment, and electronic equipment for automobiles and office automation appliances in Thailand, Japan, the United States, and internationally.

Alucon

Market Cap: ฿8.0b

Engages in producing and distributing aluminum containers primarily in Thailand.

M.C.S. Steel

Market Cap: ฿3.9b

Engages in the design, production, and distribution of structural steel products for building construction in Thailand, China, and Japan.

DV8

Market Cap: ฿8.1b

Engages in the production of television satellite programs in Thailand.

Patrangsit Healthcare Group

Market Cap: ฿3.7b

Operates hospitals in Thailand.

STP&I

Market Cap: ฿7.0b

Engages in the fabrication of steel works, and manufacture and sale of boilers and pressure vessels in Thailand, Japan, Spain, and internationally.

Alpha Divisions

Market Cap: ฿3.3b

Engages in the consultation and property development business in Thailand and internationally.

Birla Carbon (Thailand)

Market Cap: ฿15.6b

Engages in manufacture and sale of carbon black.

Precise Corporation

Market Cap: ฿3.3b

Engages in the production and distribution of electricity business in Thailand and internationally.

S & J International Enterprises

Market Cap: ฿4.2b

Manufactures and distributes cosmetic products in Thailand and internationally.

Univanich Palm Oil

Market Cap: ฿11.2b

Engages in the oil palm plantations, crushing mills, and oil palm research and seed businesses in Thailand and the Philippines.

Advanced Information Technology

Market Cap: ฿7.4b

Engages in sale, design, installation, project management, repair and maintenance, training, and turnkey for network infrastructure and information and communication technology systems in Thailand.

Srivichaivejvivat

Market Cap: ฿4.8b

Engages in the hospital business in Thailand.

P.C.S. Machine Group Holding

Market Cap: ฿4.4b

Manufactures and distributes automotive parts in Asia, Europe, and internationally.

Tata Steel (Thailand)

Market Cap: ฿5.6b

Engages in the manufacturing, distribution, and trading of steel bars, wire rods, and small section products in Thailand and internationally.

BA Airport Leasehold Real Estate Investment Trust

Market Cap: ฿10.2b

n/a

PRG Corporation

Market Cap: ฿6.6b

Engages in the production, improvement, packaging, and distribution of rice under the Mah Boonkrong Rice brand in Thailand, the United States, Canada, Europe, the Asia Pacific, and internationally.

LH Financial Group

Market Cap: ฿16.7b

An investment holding company, engages in the banking business in Thailand.

Samart Corporation

Market Cap: ฿5.6b

Designs and installs telecommunications systems, and sells telecommunications equipment in Thailand, Cambodia, and internationally.

Laguna Resorts & Hotels

Market Cap: ฿5.6b

Engages in the hotel and property development businesses in Thailand.

KGI Securities (Thailand)

Market Cap: ฿7.4b

Engages in the securities and derivatives business in Thailand.

Thaitheparos

Market Cap: ฿13.8b

Manufactures and distributes sauces and condiments in Thailand and internationally.

Kang Yong Electric

Market Cap: ฿5.5b

Manufactures and distributes household electrical appliances in Thailand, Japan, and internationally.

Premier Technology

Market Cap: ฿3.3b

An investment holding company, distributes and provides services related to computer and computer system in Thailand.

Sahamitr Pressure Container

Market Cap: ฿4.7b

Engages in the manufacture and sale of LPG and other pressure cylinders in Asia, Africa, the United States, and internationally.

Roctec Global

Market Cap: ฿4.9b

Provides system integration services and advertising services in Thailand, Hong Kong, and Vietnam.

Thanulux

Market Cap: ฿7.2b

An investment holding company, provides financial solutions in Thailand.

CIMB Thai Bank

Market Cap: ฿12.9b

Provides various banking and financial products and services to individuals and commercial customers in Thailand.

Ditto (Thailand)

Market Cap: ฿7.7b

Engages in the distribution and rendering service of data and document management solutions in Thailand.

Thai Metal Drum Manufacturing

Market Cap: ฿3.8b

Manufactures and distributes metal drums and plastic products in Thailand and internationally.

Regional Container Lines

Market Cap: ฿21.3b

Engages in the feeder and vessel operations in Thailand, Singapore, Hong Kong, the People’s Republic of China, Taiwan, and internationally.

Lam Soon (Thailand)

Market Cap: ฿3.8b

Manufactures and distributes palm oil in Thailand and internationally.