Deciphering real estate markets globally., Rems Advisors

TAN Kok Keong

Deciphering real estate markets globally.

Rems Advisors

Thematic (Sector/Industry)

A key issue facing many Government across the globe is how to keep home affordable while maintaining an environment attractive for foreign investments.  This issue runs deep whether you are in developed countries like United Kingdom, Australia, Singapore or emerging markets like Myanmar, Cambodia, Vietnam, etc.The huge disparity in prices of luxury homes vs what middle to lower income groups can afford has been largely caused by the relative strong purchasing powers of foreign participants in…

A key issue facing many Government across the globe is how to keep home affordable while maintaining an environment attractive for foreign investments.  This issue runs deep whether you are in developed countries like United Kingdom, Australia, Singapore or emerging markets like Myanmar, Cambodia, Vietnam, etc.The huge disparity in prices of luxury homes vs what middle to lower income groups can afford has been largely caused by the relative strong purchasing powers of foreign participants in…

Asean-focused. Ex-Head of Thai Research

Athaporn Arayasantiparb, CFA

Equity Bottom-Up

In this review, we look at two of Thailand's key industrial export sectors (automobiles and electronics). While net exports continue to drop 2%, Thailand's gross exports rose for the first time this year. We remain cautious on these low margin sectors with the exception of a few bottom up ideas: 1) KCE, top pick in electronics which benefits from backward integration; 2) SAT, the most attractive stock in the automobile sector on both valuations and yield; and 3) ASEFA, an electronics stock that focuses almost entirely on domestic rather than export theme and benefits from growing construction of office buildings.

In this review, we look at two of Thailand's key industrial export sectors (automobiles and electronics). While net exports continue to drop 2%, Thailand's gross exports rose for the first time this year. We remain cautious on these low margin sectors with the exception of a few bottom up ideas: 1) KCE, top pick in electronics which benefits from backward integration; 2) SAT, the most attractive stock in the automobile sector on both valuations and yield; and 3) ASEFA, an electronics stock that focuses almost entirely on domestic rather than export theme and benefits from growing construction of office buildings.

Autos & Electrons: The Slow Road to Recovery

Thailand

Delta Electronics (Thailand) PCL designs and manufactures electronic equipment. The Company produces power systems for telecommunications, medical equipment, and industrial automation.  Delta also produces fans, electromagnetic interference filters, and solenoids.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Delta Electronics Thailand (DELTA TB)

Helping People Own a Home

A key issue facing many Government across the globe is how to keep home affordable while maintaining an environment attractive for foreign...

TAN Kok Keong

Autos & Electrons: The Slow Road to Recovery

In this review, we look at two of Thailand's key industrial export sectors (automobiles and electronics). While net exports continue to drop 2%,...

Athaporn Arayasantiparb, CFA

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)