Thai Undiscovered Gems With Strong Fundamentals

Shangri-La Hotel

Market Cap: ฿6.6b

Operates hotels in Bangkok and Chiang Mai provinces.

Thai Steel Cable

Market Cap: ฿4.0b

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

Saha-Union

Market Cap: ฿8.0b

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

TSTE

Market Cap: ฿4.2b

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

Alucon

Market Cap: ฿8.6b

Engages in producing and distributing aluminum containers primarily in Thailand.

DV8

Market Cap: ฿7.6b

Engages in the production of television satellite programs in Thailand.

Muramoto Electron (Thailand)

Market Cap: ฿6.0b

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.

M.C.S. Steel

Market Cap: ฿4.0b

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

Patrangsit Healthcare Group

Market Cap: ฿3.8b

Operates hospitals 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.

Alpha Divisions

Market Cap: ฿4.7b

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

Univanich Palm Oil

Market Cap: ฿12.2b

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

Srivichaivejvivat

Market Cap: ฿4.9b

Engages in the hospital business in Thailand.

Precise Corporation

Market Cap: ฿3.2b

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

Advanced Information Technology

Market Cap: ฿7.6b

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

S & J International Enterprises

Market Cap: ฿4.6b

Manufactures and distributes cosmetic products in Thailand and internationally.

STP&I

Market Cap: ฿8.5b

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

Birla Carbon (Thailand)

Market Cap: ฿17.4b

Engages in manufacture and sale of carbon black.

BA Airport Leasehold Real Estate Investment Trust

Market Cap: ฿10.5b

n/a

Samart Corporation

Market Cap: ฿5.5b

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

LH Financial Group

Market Cap: ฿18.9b

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

Polynet

Market Cap: ฿3.2b

Manufactures and sells rubber, plastic, silicone, and molds products in Thailand and internationally.

Prime Office Leasehold Property Fund

Market Cap: ฿3.3b

Specializes in real estate investments in the office market.

PRG Corporation

Market Cap: ฿6.9b

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.

Laguna Resorts & Hotels

Market Cap: ฿5.6b

Engages in the hotel and property development businesses in Thailand.

Thanulux

Market Cap: ฿7.1b

An investment holding company, provides financial solutions in Thailand.

Thaitheparos

Market Cap: ฿14.3b

Manufactures and distributes sauces and condiments in Thailand and internationally.

Kang Yong Electric

Market Cap: ฿5.8b

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

Premier Technology

Market Cap: ฿3.5b

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

Sahamitr Pressure Container

Market Cap: ฿4.8b

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

KGI Securities (Thailand)

Market Cap: ฿8.0b

Engages in the securities and derivatives business in Thailand.

Roctec Global

Market Cap: ฿4.5b

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

CIMB Thai Bank

Market Cap: ฿12.9b

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

Lam Soon (Thailand)

Market Cap: ฿3.9b

Manufactures and distributes palm oil in Thailand and internationally.

Regional Container Lines

Market Cap: ฿23.2b

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