Singer Thailand Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Narathip Wirunchatapant

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	1.5yrs
CEO ownership	n/a
Management average tenure	3.5yrs
Board average tenure	4.5yrs

Recent management updates

Recent updates

CEO

Narathip Wirunchatapant

1.5yrs

Tenure

Mr. Narathip Wirunchatapant is Chief Executive Officer & Director of Singer Thailand Public Company Limited from May 09, 2023 and serves as Acting Company Secretary since June 19, 2023.

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Narathip Wirunchatapant	CEO, Acting Company Secretary & Director	1.5yrs	no data	no data
Rakkiti Tanglamlert	Chief Financial Officer	2.4yrs	no data	no data
Chanthornjira Kongtongsmut	COO and IR & Public Communication Manager	17.8yrs	no data	no data
Naruedee Santisukhathai	Chief Accountant & Manager of Accounting Division	2.6yrs	no data	no data
Rapeepan Kantayaporn	Chief Information Officer	8.4yrs	no data	no data
Chalerm Charojana	Human Resources and Administration Manager	18.8yrs	no data	no data
Suparaporn Phongnumkul	Head of Public Communication Officer	no data	no data	no data
Pittaya Jearkittimasak	Chief Marketing Officer	3.5yrs	no data	no data
Auntikorn Phichetkorn	Deputy Chief Executive Officer of SG Capital Capital	no data	no data	no data

3.5yrs

Average Tenure

56.5yo

Average Age

Experienced Management: SINGER's management team is considered experienced (3.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Narathip Wirunchatapant	CEO, Acting Company Secretary & Director	1.5yrs	no data	no data
Preecha Prakobkit	Independent Director	8.3yrs	฿643.60k	no data
Adisak Sukumvitaya	Chairman of the Board	9.3yrs	฿662.30k	0.20% THB 14.9m
Nonglak Laksanapokin	Director	8.6yrs	฿388.90k	no data
Chan Itthithavorn	Independent Director	4.5yrs	฿672.40k	0.0012% THB 90.7k
Piya Pong-Acha	Director	8.5yrs	฿429.10k	no data
Somsri Shalapukdee	Independent Director	3.5yrs	฿643.60k	no data
Navapol Damrongpong	Director	2.9yrs	฿429.10k	no data
Prachachart Sirisawat	Independent Director	1.7yrs	฿291.68k	no data

4.5yrs

Average Tenure

64.5yo

Average Age

Experienced Board: SINGER's board of directors are considered experienced (4.5 years average tenure).

Singer Thailand Management

Management criteria checks 2/4

Key information

Recent management updates

Singer Thailand Public Company Limited, Annual General Meeting, Apr 19, 2024

Singer Thailand Public Company Limited Announces Executive Changes

Less than half of directors are independent

Singer Thailand Public Company Limited, Annual General Meeting, Apr 21, 2023

Less than half of directors are independent

Singer Thailand Public Company Limited Announces Executive Changes

Recent updates

Price target increased by 32% to ฿11.20

Now 23% overvalued

Investor sentiment improves as stock rises 16%

New major risk - Share price stability

Second quarter 2024 earnings released: EPS: ฿0.03 (vs ฿2.94 loss in 2Q 2023)

Singer Thailand Public Company Limited, Annual General Meeting, Apr 19, 2024

Full year 2023 earnings released: ฿3.94 loss per share (vs ฿1.14 profit in FY 2022)

Singer Thailand Public Company Limited Proposes Dividend Non-Payment for the Year 2023

Third quarter 2023 earnings released: EPS: ฿0.02 (vs ฿0.31 in 3Q 2022)

New major risk - Revenue and earnings growth

Second quarter 2023 earnings released: ฿2.94 loss per share (vs ฿0.32 profit in 2Q 2022)

Now 21% undervalued after recent price drop

Now 27% undervalued after recent price drop

Singer Thailand Public Company Limited Announces Executive Changes

First quarter 2023 earnings released: ฿1.03 loss per share (vs ฿0.27 profit in 1Q 2022)

Investor sentiment deteriorates as stock falls 20%

Less than half of directors are independent

Upcoming dividend of ฿0.26 per share at 3.9% yield

Investor sentiment deteriorates as stock falls 18%

Full year 2022 earnings released: EPS: ฿1.14 (vs ฿1.40 in FY 2021)

Price target decreased by 7.5% to ฿40.83

Singer Thailand Public Company Limited, Annual General Meeting, Apr 21, 2023

Investor sentiment deteriorates as stock falls 25%

Singer Thailand Public Company Limited (SET:SINGER) announces an Equity Buyback for 18,000,000 shares, representing 2.19% for THB 640 million.

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: ฿0.31 (vs ฿0.33 in 3Q 2021)

Upcoming dividend of ฿0.30 per share

Singer Thailand Public Company Limited Announces Interim Cash Dividend for the Operating Period from 1 January 2022 to 30 June 2022, Payable on 9 September 2022

Investor sentiment deteriorated over the past week

Singer Thailand Public Company Limited Announces Executive Changes

Investor sentiment deteriorated over the past week

Less than half of directors are independent

Singer Thailand Public Company Limited Announces Executive Changes

Singer Thailand Public Company Limited Proposes Dividend for the Year Ended 31 December 2021, Payable on 20 May 2022

Price target increased to ฿58.50

Singer Thailand Public Company Limited, Annual General Meeting, Apr 22, 2022

Singer Thailand Public Company Limited Proposes Dividend for 2021, Payable on May 20, 2022

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS ฿0.33 (vs ฿0.29 in 3Q 2020)

Less than half of directors are independent

Chief Financial Officer Piyanan Visartavakin has left the company

Upcoming dividend of ฿0.15 per share

Second quarter 2021 earnings released: EPS ฿0.37 (vs ฿0.29 in 2Q 2020)

Price target increased to ฿51.50

Investor sentiment improved over the past week

First quarter 2021 earnings released: EPS ฿0.31 (vs ฿0.22 in 1Q 2020)

Independent Director has left the company

Upcoming dividend of ฿0.15 per share

Consensus revenue estimates increase to ฿4.43b

Acting Chief Financial Officer has left the company

Investor sentiment improved over the past week

New 90-day high: ฿34.50

Singer Thailand Public Company Limited Announces Management Changes, Effective from May 1, 2021

Full year 2020 earnings released: EPS ฿1.09 (vs ฿0.46 in FY 2019)

Revenue beats expectations

Singer Thailand Public Company Limited Appoints Kulsiritham Busaba as Acting as Chief Financial Officer

Investor sentiment improved over the past week

New 90-day high: ฿31.00

New 90-day high: ฿29.00

Singer Thailand Public Company Limited Announces the Resignation of Miss Busaba Kunsiritham as Chief Financial Officer

Investor sentiment improved over the past week

New 90-day high: ฿17.70

New 90-day high: ฿16.30

Third quarter 2020 earnings released: EPS ฿0.29

New 90-day high: ฿16.20

Upcoming Dividend of ฿0.10 Per Share

Earnings released

CEO