Once upon a time, in the far eastern exchange of Bangkok, was a penny stock called Group Lease Plc. J-Trust agreed to buy convertible bonds in Group Lease and suddenly, the little firm's popularity began rising. And it meant Group Lease was trading at almost 100 times estimated earnings! Unsated, it went on to buy even more convertible bonds in Group Lease. As he reviewed Group Lease's 2016 financial statements, Sophon Permsirivallop felt the need for a few disclaimers before signing off.

Source: Bangkok Post March 13, 2017 08:03 UTC