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Aug. 1--Thailand's newest brokerage, Kasikorn Securities, is bullish on the shipping companies Precious Shipping and Thoresen Thai Agencies.
The brokerage screened 200 of the largest stocks by market capitalisation for dividend yields, price-earnings ratio, earnings per share growth, return on equity, price to book value and market cap. TTA and PSL were the only two stocks in the top-50 of five out of six categories.
Amarit Sukhavanij, the research head at K-Sec, said the company planned to cover 80-100 stocks overall.
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Source: HighBeam Research, K-Sec sees two shippers as top performers.