MCS Steel Non-Voting DR MSTUF

M.C.S. Steel Public Company Limited is a Thailand-based steel fabricating company. The principal activities of the Company and its subsidiaries are production and distribution of structural steel products for building construction, and residential development projects for sale. It is a large steel structure manufacturer, especially steel beams and columns for the construction of large high-rise buildings such as office buildings, hotels, shopping malls, and others. There are two types of steel structures produced by the Company: the steel structure used as a column-box and the steel structure used as beams, which are important components of the building. Its subsidiaries include Tanaka Welding Center Co., Ltd., which is focused on welder training and real estate; M.C.S.-Japan Co., Ltd., which is engaged in the design and production of structural steel products; and M.C.S. Steel-Xiamen Co., Ltd., which is engaged in the production and distribution of structural steel products.

GREY:MSTUF - Post by User

MCS Steel Non-Voting DR > Another Recommendation

<< Previous

Bullboard Posts

Next >>

Post by retiredcfon Nov 24, 2016 7:26am

142 Views

Post# 25507010

Another Recommendation

https://www.bnn.ca/video/andy-nasr-discusses-milestone-apartments-reit~1001309

MST.UN-T 2016-11-23 COMMENT Andy Nasr

A relatively decent name. There is going to be excess supply in 2017 which should moderate. If you look at the communities in the properties they own, they are really, really good. Excellent management team. Payout ratio is relatively low at around 60%. They have a sustainable dividend. Valuation looks pretty compelling, trading at about 20% discount to NAV. Dividend yield of 4.1%.

Login to show your approval Login to show your disapproval / Be the first to comment

Price:

$17.950

Subject:

REITS, GLOBAL & MACRO STRATEGY

Bias:

UNKNOWN

Owned:

Unknown

<< Previous

Bullboard Posts

Next >>