AIS ranked one of the 5 best stocks in Asia ! O__o

Normally one would only read about negative news regarding Thailand on CNN, how far things have come, with AIS being ranked amongst the top five stocks in Asia.

Advanced Info Services: AIS is the largest telecom company in Thailand. Singapore Telecom, the region’s largest carrier, has a 23% stake in AIS. But I like AIS over SingTel because of its improving fundamentals. AIS has pushed net margins up from 14.8% in 2008 to 17.6% in 2011, while SingTel’s margins have contracted from 23.1% to 21.2% in the same time period.

AIS is a solid way to invest in the continued growth of Thailand’s economy, where a larger middle class is emerging. AIS is a more pure play on Asian telecom growth without the baggage of SingTel’s presence across multiple markets.

Source: CNN

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