บทวิเคราะห์ (Research)

Many Thai stocks are still inexpensive, but they hardly rose because investor confidence and turnover have not returned yet. Today we use Benjamin Graham's net current asset value per share (NCAVPS) model, NCAVPS = (current asset – total liabilities) / shares, which is similar to book value (PBV) model. We favor stocks with NACVPS not lower than the market and profit (positive EPS) in all the past ten years, e.g. AP, SPALI and HANA.