Learning that drives better investment decisions

Hot Pots Deliver Excellent Profitable Growth

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MK Restaurant Group Public Company Limited is a Thailand-based restaurant chain company. It franchises MK Suki (Japanese-style hot pot) restaurants outside Thailand in Japan, Vietnam, Indonesia, and Singapore. Profitable Growth has been great at MK over the years.

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VMC: On the Rise of CFA Candidates in Asia

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The CFA program has long been viewed as an essential qualification for anyone hoping to enter the lucrative world of investment banking. First conceived in 1942, the CFA program is now one of the US’s most successful exports. And in Asia, the credential is becoming ever more highly prized.

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Good Profitability at Major Cineplex Group

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Major Cineplex Group Public Company Limited is Thailand’s leading lifestyle entertainment company. In the past 12 months, MAJOR ranked among the top 396 out of 1,320 medium-sized Consumer Discretionary companies worldwide.

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Active Management: A Dead Industry Walking

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In our Top 5 this week, we look at Steve Einhorn’s bear market checklist, examine data over dogma, and discuss investing heroes. All this and more…

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United Paper’s Profitable Growth Has Benefited from Tight Global Paper Supply

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United Paper Public Company Limited is a Thai group involved in the manufacture and distribution of cardboard for paper boxes and kraft paper for the packaging used inside cardboard boxes. Profitable Growth has been in an improving trend after the dip to #6 in 2015.

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Solid Foundations Has Generated Solid Profitability for SEAFCO

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SEAFCO Public Company Limited is a construction and engineering company that is engaged in bored piling, diaphragm wall construction and civil works including foundation and building construction. Profitable Growth has been great over the years, consistently ranked in the top 30%.

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VMC: Mistake #8: Choosing an Unreasonable Cost of Equity

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A very common error that I’ve seen made by analysts is discounting the future cash flows of a business at an unreasonable cost of equity (COE)—which is why it’s valuation mistake #8. Analysts are notorious for trying to manipulate their COE to get the outcome in valuation that they want.

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Thai Energy Company about to Enter Norway

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Bangchak Corporation Public Company Limited is a Thai energy company engaged in refinery, bio-based products, green power, and natural resources business. BCP’s Profitable Growth improved drastically in 2015 but has been declining since.

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The Long Shadow of Tech Stocks

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In our Top 5 this week, we look at the traps in value investing, examine crowding in tech stocks, and reveal what really ends a bull market. All this and more…

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Below-Average Profitable Growth at Bangkok Expressway and Metro

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BEM is the merged entity of BECL and BMCL, and started trading in 2015. The main business of BEM is construction and management of expressways and the Bangkok subway. BEM’s Profitable Growth has consistently ranked at #6 with no changes since 2014.

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