Launching eFinanceThai.com, Thailand's best financial website

ข่าวทั่วไป Thursday March 22, 2001 15:36 —PRESS RELEASE LOCAL

Bangkok--Mar 22--Yuanta(Thailand) Securities Agenda For Press Release "eFinanceThai.com" By Vision Advisory Co.,Ltd. On The 22nd March, 2001 Mercury Tower, 10th Floor, Auditorium room, Ploenchit Rd., Pathumwan. Bangkok 10330 Press Conference 09.00 a.m. -Press Registration 09.50 a.m. -VIPs, Press gather in Auditorium 10th Floor 10.00 a.m. -Press Conference Key Panelist Director of Vision Advisory Co.,Ltd. "Mr. Somphote Ahunai" 10.30 a.m. -eFinanceThai.com Demonstration 11.00 a.m. -Questions & Answers 12.00 p.m. -End of Press conference The launch of "eFinanceThai.com", the country's best financial website with real-time quoting, securities analysis, real-time news from professional reporters, 10 year back-dated fundamental and technical information of listed companies and various other economic data and information to help investment decision making in the stock market. It is aimed to be financial center website for investors in the future. Mr. Somphote said the "eFinanceThai.com" is different and more prominent than other financial website both in speed and varieties of information, i;e 1) investors are able to keep a close watch on the movement of the market better than being in the trading room because they have excess to real-time quoting, foreign index such as Dow Jones, Nasdaq, Nikei etc. and other markets including worldwide money markets which show exchange rates, foreign interest rates and prices of commodities, 24 hours a day. 2) Professional team of reporters provide up-to-date and correct information covering all aspects of business from the most reliable sources 3) Depth detail of listed company fundamental information such as shareholders, financial statements and dividend payment etc. and especially 4)eFinanceThai.com is the only one web-site which has more technical tools, 44 amounts, than the other technical programs. The graph menu can shows 10 year-back dated price of listed stock. The graph that presented by efinancethai.com is high accuracy than the other technical analysis programs because of the formula that used to plot graph is the same as of Meta Stock, famous technical program, whereas the others use the estimate formula that is the reason of low precision outcome. Moreover, the efinancethai.com graph also shows the moving average price. Thus the investor can create the graph and analyze the stock by himself for the best decision. In the future, we have a plan to be more than a website providing only information but we will develop eFinanceThai.com to be financial center for investors. Anytime investors are to carry out any form of investment, eFinanceThai.com will be a good helper in your decision making to ensure that every investments are worthiness, yielding high return and risk-managed. From the above-mentioned strong points, investors or those who are interested to invest as well as those who want to learn how to invest in stock market will have an access to all instruments needed to make a decision in all kind of investments. They will also be able to make use of news from domestic and international sources. This is a "One Stop Service" website with service that no other website can match. Those who are interested can visit the website at www.efinancethai.com and apply to be member without any charges for 45 days. Fill in your name, address and enter the password, special privilege will be yours to see the website's main menus such as real-time quoting (showing stock prices as in the trading room), real-time news (up-to-date and urgent news), research (fundamental and technical analysis) and stock-graph (graph showing movements of stock prices second by second and can be back-dated 10 years) etc. If those who would like to be the permanent member, apply to be customer of securities firm which join with eFinanceThai.com due to this website is the ASP (Application Service Provider) for securities firm. Draft Speech By Somphote Ahunai Director of Vision Advisory Company Limited Good morning ladies and gentlemen, I, on behalf of Vision Advisory Company Limited would like to say thank you all for coming here to help us launch financial website under the name of "eFinanceThai.com" eFinanceThai.com was born with the intention to create working team of a new generation to help society and to erase old cliche that internet is something difficult for Thais. This can be proved by various programs of eFinanceThai.com which have been created by our new generation team members and not bought from overseas. eFinanceThai.com is different from other current websites in that it emphasises its information service providing on communication technology. eFinanceThai.com has techniques that differed from other websites. Other websites provide information in a form of "Content Provider" which is a service providing information in statistical form or Pull Technology rather than Push Technology but eFinanceThai.com is a mixture of Pull and Push technologies. Samples of information provided by eFinanceThai.com: News: provided and supported by a team of professional reporters. News presentation is in Real Time, which is very important in today's investment situation as it is necessary for investors to acquire the information accurately and with high speed to supplement their decision making. eFinanceThai.com is a website with technology that can push information to investors immediately without having to refresh on monitor, so it is really Real Time. Graph: This is only website which investors can carry out a complete technical analysis with 10 year back-dated information. Clients can change information, create graph, choose various technical analysis indicators of their choice from 44 types of indicators. Moreover, calculation formula is internationally standardized. This is differed from some types of estimation formula-based technical indicators which, on the surface, look the same but actually are not. Stock Focus: Investors will know the information from fundamental analysis on each of the stocks, overall picture of the industry, general basic information of listed companies such as names of shareholders, financial statement, dividend payment policy etc. The information will help investors in their investment dicision in particular stocks. Real-time Quote: As it has been said earlier, eFinanceThai.com is Push Technology and clients can turn on monitor which shows the movement of stock prices without having to refresh all the times. Prices will be changed according to real situation and will automatically be shown on the monitor. eFianceThai.com is the only website with Ticker which enables investors to observe each trading of stocks. Moreover, investors will be able to watch foreign index in Realtime 24 hours. Web TV: This is a service providing financial information with picture. It is the first website to use Multimedia communication technology. With an audio and visual presentation, investors will be more perceptive of news and information than a normal reading from monitor. Overall, it could be seen that we create this website with the main purpose to provide "One Stop Service" for investors and to show that this website is beneficial to today's investors who are looking for information and news to help them make correct and clever investment decision. It is also aimed to show the difference from the past when the investors' level of news and information perception was different and based on the type of investors. Institution and major investors would have access to speedier and more detailed-information and news than retail investors. Retail investors were in disadvantage position to major investors. But today, eFianceThai.com will eliminate the inequality in news perception between major and retail investors. This will help increase the efficiency of SET. The more news enter the market, the better stock prices respond to the news and this will reduce the gap for those stock manipulators. Besides the benefits given to investors in the stock market, eFianceThai.com is aimed and intende to become "Financial Expert". It will be a medium for investors or those who want to invest in other form of investment other than depositing money. Investors will be able to make the right investment decision plan and this will bring about the most effective investment or savings with the highest benefits. We don't intend to compete with other websites but emphasize on the services to those who use our website. With technology created by Thais, our program will be easier to improve or adjusted than those created by foreigners. Our investment is not high because we don't have to buy technology, nor workers. This project is created for Thai people and by Thai people. Team members have mutual dream to see technology created by Thai people to be successful and to benefit Thai society. To apply to be member through broker, as of today, there is only Yuanta Securities because of my position as an MD there but we plan to cooperate with other brokers in the future. We have no policy to bar other brokers from joining in and no policy attached with Yuanta. As I said, this project is my own personal dream. This web does not contain information of clients. When client logs into web, the program will then ask broker whether the log-in client is the client of the broker, if the answer is yes, eFinanceThai.com will allow client too log in but the web has no information of the client. It is not only brokers that can join in with efinancethai but anyone who is involved with finance can do so, but the cooperations may be varied depending on the type of business of that company or individual. Mr. Somphote Ahunai Director of Vision Advisory Co., Ltd. Age 34 years Educational University of Pitsburgh (MBA-Finance) Chulalongkorn University (Faculty of Engineer) Family Married Experience Yuanta(Thailand) Securities Co., Ltd. (Managing Director: Since 1998) Nava Thanakit Securities Co., Ltd. (Vice President of Foreign Department: 1996-1998) End.-AN-Details of the WebsiteName of Website: www.efinancethai.com Type of Website: It is a financial website presenting a complete information and details for investment both in the financial and capital markets E-mail : service@efinancethai.com Founding Company: Vision Advisory Company Limited Director: Mr. Somphote Ahunaiwww.efinancethai.com is a financial website founded by Vision Advisory Company Limited, presents complete information and details in "Real-Time" for capital market investment with various menus to choose from: Real Time Quote Menu: this menu presents prices of listed companies in real-time so that the investors can follow up investment without having to be in the trading room. Stock Focus Menu: presents detail basic information of listed companies such as names of shareholders, financial statement, background on dividend payment etc. The information can be back-dated for 10 years. Research Menu: gathers fundamental and technical analysis of leading brokerage firms to enable investors to make a right investment decision News Menu: presents Real Time news throughout the day by professional news reporting team. Financial TV: presents audio and visual interviews of executives of the listed companies and follow-up analysis by analysts. Graph Menu: shows the movement of stock prices by using more than 44 types of indicators, bar chart, candle stick etc. The formula used in calculation is more accurate than other technical analysis program. The investors can create graph and do a self-analysis.The working team of www.efinancethai.com is of new generation with mutual intention to show the capability of the Thai people in internet technology which is not only the far and wide communication channel but is also a channel for major business decision making.

แท็ก thailand   efinance   engineer   Bangkok   access   nation  

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