I recently received this information about the stock TUF, Thai Union Frozen Product.

3Q12F NP will recover materially from 2Q12 given the peak season of business and fx gain. Although its margin may be hurt by rising cost of raw material, operating expenses are expected to be well controlled.

The current price offers 20% upside to our Dec-13 TP of Bt87 (based on 16x of 13F PER). We also choose TUF as our top pick of the food sector.

Even though the US market was down over 1% last night, the stock is looking to open at Fridays close.

TUF, Thai Union Frozen Product should be reporting it's 3Q12F NP on Wednesday.

TuF id a fairly solid company, the only thing to squeeze earnings this coming quarter is the higher cost of tuna and shrimp. Usually thats not a big deal as they can raise prices to pass on the cost rises but this year is another ballgame, so 4Q margins will be tight.