Total integration helps pranda sparkle

Pranda Jewelry Plc was founded in 1973 as Pranda Design Company Limited and renamed Pranda Jewelry Limited on April 27, 1984. It listed its ordinary shares on the Stock Exchange of Thailand on July 6, 1990 and converted to a Public Company Limited on June 3, 1994. Pranda currently has registered capital of 410 million baht with 398.15 million baht paid-up. Executive director Chanat Sorakraikitikul discusses the company’s strategy and outlook.

What is Pranda’s business model?

Pranda has been in the jewellery making business for 40 years; this year is our 40th year anniversary. We have established ourselves as a well-recognised top producer of silver and gold jewellery in the world. Our core competency is to produce mass volumes of commercialised products that target the affordable luxury and “mass prestige” jewellery markets. Pranda is one of the few companies globally that has full integration of production, distribution and retailing to various markets. Currently we produce and manufacture in Thailand, Vietnam and Indonesia, for distribution mainly to the US, Europe and UK and retailing in Thailand, Vietnam and Indonesia. Continue reading Total integration helps pranda sparkle

Stocks in the news (aot, lpn, ppp, sccc, sport, wha) – 15.02.13

AOT

Earnings soar 173% YoY in 1QFY13 —AOT posted 1Q FY13 earnings of Bt3.4 bn, growing 173%YoY. Revenue was Bt8.6 bn. AOT is benefiting from the reopening of Don Mueng airport. It also recovered a FX gain of Bt1.3bn. (Khao Hoon, 15/02/13)

LPN

DPS of Bt0.53 — The LPN board approved a dividend of Bt0.53/share on its profit of Bt2.21bn in 2012, increasing 15.61%YoY. (Tun Hoon, 15/02/13)

Comment: Fantastic company, well-run, perfect product for the Thai property market. 

PPP

Popular with traders — Newly listed small stocks remain popular among stock traders, with Premier Products Plc (PPP) making a 198% gain from the IPO price on its debut on the Market for Alternative Investment (mai) yesterday. PPP hopes to clear retain losses of over Bt90mn in the first quarter of this year, allowing it to pay dividends on 2013 operations. (Bangkok Post, 15/02/13) Continue reading Stocks in the news (aot, lpn, ppp, sccc, sport, wha) – 15.02.13