nForce Secure Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Nakrop Niamnammatham

Chief executive officer

฿148.9k

Total compensation

CEO salary percentage	n/a
CEO tenure	4.2yrs
CEO ownership	38.7%
Management average tenure	no data
Board average tenure	4.2yrs

Recent management updates

Recent updates

CEO

Nakrop Niamnammatham (52 yo)

4.2yrs

Tenure

฿148,889

Compensation

Mr. Nakrop Niamnammatham is CEO & Director of nForce Secure Public Company Limited from September 10, 2020. He serves as Director at nDataThoth Co. Ltd. since 2020; Director, Moz Seguro Co. Ltd.since 2018...

Board Members

Name	Position	Tenure	Compensation	Ownership
Nakrop Niamnammatham	CEO & Director	4.2yrs	฿148.89k	38.73% THB 505.3m
Sukanya Luanchamroen	Deputy CEO	4.2yrs	฿173.89k	19.48% THB 254.2m
Anothai Adulbhan	Independent Director	4.2yrs	฿153.89k	no data
Siridech Kumsuprom	Independent Director	2.6yrs	฿148.89k	no data
Supachai Sukhanindr	Independent Director	no data	฿153.89k	no data
Piyasak Chotipruk	Independent Director	4.2yrs	฿218.89k	no data
Smitti Darakorn Na Ayuthaya	Independent Director	4.2yrs	฿223.89k	no data
Pattanant Petchchedchoo	Independent Non-Executive Chairman	4.2yrs	฿313.89k	no data
Karoon Phungsoondara	Independent Director	4.2yrs	฿158.89k	no data

4.2yrs

Average Tenure

52yo

Average Age

Experienced Board: SECURE's board of directors are considered experienced (4.2 years average tenure).

nForce Secure Management

Management criteria checks 2/4

Key information

Recent management updates

Insufficient new directors

nForce Secure Public Company Limited, Annual General Meeting, Apr 24, 2024

High number of new directors

Less than half of directors are independent

Recent updates

Investor sentiment improves as stock rises 18%

Upcoming dividend of ฿0.20 per share

nForce Secure Public Company Limited Announces Interim Cash Dividend for the Operating Period from January 1, 2024 to June 30, 2024, Payable on September 13, 2024

New major risk - Share price stability

Second quarter 2024 earnings released: EPS: ฿0.17 (vs ฿0.23 in 2Q 2023)

Insufficient new directors

Investor sentiment deteriorates as stock falls 16%

Now 21% overvalued after recent price rise

Investor sentiment improves as stock rises 15%

First quarter 2024 earnings released: EPS: ฿0.40 (vs ฿0.27 in 1Q 2023)

Investor sentiment improves as stock rises 19%

nForce Secure Public Company Limited Approves Dividend for 2023, Payable on May 20, 2024

Upcoming dividend of ฿0.45 per share

Full year 2023 earnings: EPS and revenues exceed analyst expectations

nForce Secure Public Company Limited, Annual General Meeting, Apr 24, 2024

Nforce Secure Public Company Limited Proposes Dividend for the Operating Result of 2023, Payable on May 20, 2024

Third quarter 2023 earnings released: EPS: ฿0.11 (vs ฿0.078 in 3Q 2022)

New minor risk - Share price stability

Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Investor sentiment improves as stock rises 15%

Upcoming dividend of ฿0.30 per share at 1.9% yield

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Investor sentiment deteriorated over the past week

Third quarter 2022 earnings released: EPS: ฿0.078 (vs ฿0.033 in 3Q 2021)

Now 22% undervalued after recent price drop

Second quarter 2022 earnings released: EPS: ฿0.14 (vs ฿0.24 in 2Q 2021)

Now 20% undervalued after recent price drop

High number of new directors

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Less than half of directors are independent

nForce Secure Public Company Limited Proposes Dividend for the Year 2021, Payable on May 18, 2022

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Investor sentiment improved over the past week

nForce Secure Public Company Limited has completed an IPO in the amount of THB 443.856 million.

CEO

Tenure

Compensation

Board Members

Average Tenure

Average Age