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This Thai Agriculture Stock Pays An 8% Yield

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Thai Vegetable Oil PCL

By Nut Muengrit

Last year was rough for the Thai economy. With (what many people would call) a junta lacking the competence to run a country now in power, Thailand went through a disappointing first half of 2015.

It was not until the release of the third quarter's GDP figures in late November that people started feeling differently about the people in charge.

Tourism and state investment led the way for a higher GDP growth than expected last year, and in 2016, Thailand looks to achieve the highest growth it has had in its three years of political turmoil.

An analysis shows that the agricultural sector does well in most countries, even through harsh economic times. For Thailand, agriculture has been the core essence of the country for hundreds of years.

And in Thailand's agri-sector, InvestAsian believes that the time is ripe to pickThai Vegetable Oil PCL (BKK:TVO) (OTC:THVGY) as the new year addition to your portfolio.

Thai Vegetable Oil PCL

One of the oldest companies in the industry, Thai Vegetable Oil was established back in 1985 and had its IPO 5 years later. The company engages in the manufacturing and distribution of soy meal and soybean oil with a production capacity of over 6000 tons of soybean per day.

The company has many product lines but its flagship products are A-Ngoon soybean oil for the general household cooking purposes, along with several different types of animal feed with names starting with "TVO" -- an acronym of the company's name...............................................

seekingalpha.com http://goo.gl/bXow8N

So much growth that my thai gf stopped producing rubber which declined from 70 baht per kilo to 13, although govt now pledges 45 baht.

  • 3 weeks later...
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Someone with an objective view? Who a source for local Stock Report?

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