Categories: Company in Thailand > Property & Construction > Construction materials
Address: 59 Moo 1,, Suan Phrik Thai, Muang Pathum Thani, Pathum Thani 12000 Thailand See map
1 reply, 4,760 viewed
Post : 12
DEMCO (5.50) is a great company now on a fast growing spree.
This year they will construct and part own 2 of SE Asia's largest wind farms, totalling near 200 megawats of electricity. The local press and brokers have for the most part been far too slow to realize what a succesfull undertaking this is. The company has a number of other large projects in the pipeline for 2013 -and beyond. DEMCO is also benefiting from the massive 3G investments which are reportedly to be some 6 bill. Baht. DEMCO will errect many if not most of the new telecom towers required for this.
The company pays a good dividend and the stock is trading at a p/e below 7 for 2012 -or around 5 for next year, far too inexpensive considering the leadership position it now commands in the profitable new green energy here in Thailand.
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