TEXT SIZE: A | A | A          

May 22, 2013 -- Updated November 21, 2012 02:38 HKT

Thai Stocks: Metro Systems Corporation Jumps 26%


shayne@heffcap.com
Posted on: Nov 21st, 2012

Showing 1 of 2

Thai Stocks: Metro Systems Corporation Jumps 26%

After posting a strong Q3 in early November today Metro Systems Corporation seen a huge spike in volume and a price jump of 26%. The move has brought the PE of the company in line with the SET but the next few days trading will say more about what is happening. Trading today in the company was over 100m Baht, so there must be some strong motivation behind the buyers, I am yet to find anything in any news source to justify the move.

Metro Systems Corporation Public Company Limited (MSC) was founded on January 6, 1986 as the first business partner of IBM in Southeast Asia. Since then, MSC expanded its business to offer fully integrated IT solutions & services, covering a wide range of the world’s leading IT products namely IBM, HP, Lenovo, Dell, Acer, Epson, Microsoft, Solidworks and many more.

As a proven record of the company’s continuing success, MSC has reached another major milestone such as becoming a public company, opening the new headquarters-Metro Campus.

The company has taken a step forward and invested soundly in other projects to enhance business performance. Accordingly, several demonstration centers had been opened under the ‘proof of concept’ to try out new technologies and solutions in order to make accuracy and honest recommendation to their customers.

Metro Systems Corporation Public Company Limited has conducted its business as a product dealer and complete IT service provider with the registered capital of 360 million baht. The business structure has been divided into 3 product groups: hardware, solutions software, and office supplies. It also includes 8 businesses in subsidiaries and affiliates to cover commercial as well as industry sectors.

With an investment of over 500 million baht, MSC’s headquarters covers an area of 18 rais. Construction commenced in September 1994 and was completed in 1996. It is located at 400 Chalermprakiat Rama IX Road, Nong Bon, Prawet, Bangkok 10250.

Metro Systems Corporation Live Trading News Macro Charts

The whole campus was expertly designed to have a modern image, a network link by state-of-the-art technology and a home like working environment.

The campus are low-size buildings equipped with advanced and fully integrated information technology. Each building in Metro Campus is interconnected over fiber optic backbone cables. UTP CAT5 cables were installed in each building, which support up to 100 Mbps speed. Increase in bandwidth of accesses to System iSeries, System pSeries and server via 1 Gbps Ethernet Switching. Ethernet Switching System is fully compatible with a wide range of other computer systems and also transmits information in several forms, including
messages, sounds and pictures.

The campus also applies the multi-platform computerized system to enhance the efficiency in its accounting, marketing, and stock system, as well as a custom base. Through the Tivoli Management Region (TMR), the operation of each computer in the company can be monitored and checked for any malfunctions within the campus.

Valuation Ratios (THB)

Anul

LFI

LTM

LFY

Curr Price/Rev/Shr:

0.29

0.33

0.34

Curr P/E Excl Extra, LTM:

18.42

P/E Excl. Extra Items:

20.05

Curr P/E Normalized, LFY:

20.05

Curr Price/CF/Shr:

3.93

11.72

11.96

Curr Price/Tang Bk, Tot Eqty:

1.66

1.78

Curr EV/Tot Revenue (LFI/LTM):

0.36

Curr EV/EBITDA (LFI/LTM):

9.22

Curr EV/EBIT (LFI/LTM):

7.71

Curr Mkt Cap (m):

2,088.00

(+) Tot Debt Cap, LFI (m):

289.55

(-) Cash & Equiv, LFI (m):

102.70

(=) Curr EV, LFI (m):

2,274.85

Curr EV/Tot Revenue (LFY):

0.36

Curr EV/EBITDA (LFY):

7.74

Curr EV/EBIT (LFY):

6.68

Curr Mkt Cap (m):

2,088.00

(+) Tot Debt Cap, LFY (m):

240.16

(-) Cash & Equiv, LFY (m):

124.02

(=) Curr EV, LFY (m):

2,204.14

More News











 

image1

 


 

Heffernan Capital Management
Linda Johnson,
Business Development Director – Private Client Group,
Sales@Heffcap.com

Singapore

3 Raffles Place #07-01
Bharat Building Singapore 048617
Tel: +65 6329 6408
Fax: +65 6329 9699

  Shayne Heffernan Ph.D.
Economist/Hedge Fund Manager

Shayne Heffernan oversees the management of funds for institutions and high net worth individuals. He is also an active consultant working with Corporations around the World.

He is recognized as one of the leading Economists in South East Asia, as well as the preeminent authority on ASEAN. His opinions and forecasts are widely read by decision makers in the region and Internationally.

Shayne Heffernan holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reached a peak of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.

Member
Chinese Society of Economists
American Economic Society




 

Enter your email address:Delivered by FeedBurner
 

Read the Terms of Service


 

Posted by on Nov 21st, 2012and filed underASEAN News, Asia, Asia-Pacific Companies, Equities, Latest News, Shayne Heffernan, Thailand.You can follow any responses to this entry through theRSS 2.0You can skip to the end and leave a response. Pinging is currently not allowed.
RESEARCH 1 of 6
USD/ZAR South African Rand Outlook

USD/ZAR South African Rand Outlook

Shayne Heffernan takes a look at the USD/ZAR

USD/ZAR closed above the upper band by 10.6%. Although prices have broken the upper band and an upside breakout is possible, the most likely scenario is for the current …

Commentary

Sponsored Ads

Advertise with us


Investor Services

Best Hedge Funds 2013
Best Hedge Funds 2013

Best Hedge Funds 2013

Working with some of the World’s largest financial institutions HCM’s goal is to provide portfolio returns that exceed the S&P 500 Index benchmark while …

Sponsored Ads

hedge_fund_ads

Advertise with us

UAE Economy Seeing a Spring Boom

UAE Economy Seeing a Spring Boom

UAE Economy Seeing a Spring Boom

HBC

Driven by stable high Crude Oil prices, tourism, diversification and a liberal trade policy, the United Arab Emirates (UAE) witnesses an unprecedented …

Dubai Islamic Bank DISB Trade Alert

Dubai Islamic Bank DISB Trade Alert

Dubai Islamic Bank DISB Trade Alert

Technical Outlook
Short Term: Overbought
Intermediate Term: Bullish
Long Term: …

The Hot List

Hot Stocks EVSV, MJNA
Hot Stocks EVSV, MJNA

Enviro-Serv Inc (OTCMKTS:EVSV), Medical Marijuana Inc (OTCMKTS:MJNA)

Enviro-Serv Inc (OTCMKTS:EVSV)

EVSV had a stellar dy yesterday, ut it looks like it is just the begining of big things, good …

Sponsored Ads

Advertise with us

shoutbox

How are you investing and why?


140 characters left  

Guest: bztg, come on shane, lite this puppy up. been waiting too long lets go!!!

Tue, 04/30/13 | 0 Comment

883         

87   

Guest: gsat get it now. if u snooze u lose

Fri, 04/19/13 | 0 Comment

1279         

130   

Sponsored Ads

Project_Management_Consulting

Advertise with us


Subscribe to Live Trading News

NEW YORK           LONDON           BARCELONA           TOKYO           SYDNEY

back to topBack to top
    Add to RSS
    Find us on Facebook
    Follow us on Twitter
    Watch on Youtube
    Stay updated on LinkedIn