Here is some interesting trivia about Thailand that might be of interest to potential investors:
People have lived in Thailand since the paleolithic period.
It is 21st in GDP purchasing power parity. It had the the world's highest growth rate from 1985 to 1996. It is the top exporter of rice. 55% of the land is used for rice production. Tourism is only 5% of the economy. Its major products include textiles, footwear, fish, rubber, jewelry, cars, computers and electronic equipment. It is ranked 42 in the Economist's Worldwide Quality-of-Life Index.
Here are some interesting Thai stocks worth viewing:
Advanced Info Service PCL (AVIFY.PK) is a provider of cellular services, and mobile phones. The stock has a P/E ratio of 20.5, and pays a yield of 6.27%.
Charoen Pokphand Foods [CPOKY.PK] is a producer, and provider of meat and other food products. It has a net profit margin of 2.86%, and its ROE is 9.14%.
Delta Electronics [DLETY.PK] manufactures, and sells electronic components. It has a net profit margin of 7.15%, and a ROE of 17.34%.
Hana Microelectronics Public Co. Ltd. (HNMEY.PK), manufactures integrated circuit boards, light-emitting diode products, radio frequency amplifiers and printed circuit boards. Its net profit margin is 10.90%, and its ROE is 17.51%.
PTT Exploration & Production (PEXNY.PK) explores for, and produces petroleum products. It has a net profit margin of 31.84%, and a ROE of 30.64%.
Sahaviriya Steel Industries [SAVXY.PK] makes, and markets hot-rolled steel sheets and coils. It has a net profit margin of 5.37%, and a ROE of 7.43%.
Shin Corp. ADR (SHNZY.PK) is in the business of wireless telecommunications, satellite communications and the Internet. It has a net profit margin of 22.41%, and a ROE of 10.13%.
TT&T Public Co. LTD [TTTBF.PK] provides landline telecommunication services. Its net profit margin is a negative 23.67%, and its ROE was a negative 13.54%.
Disclosure: The author does not own any of the above.
