Stocks in the news (bland, ccp, cpall, mk, stec) – 13.02.13

BLAND

Back in the black — BLAND reported a net profit of Bt122mn for the quarter ended 31 December 2012 compared to a loss of Bt268mn for the same period last year. Its revenue increased to Bt969mn (2011 – Bt605mn) and gross profit increased 158% to Bt523mn (2011 – Bt204mn). (Khao Hoon, 12/2/13)

Comment: Wooo! Now we are just waiting and seeing if there will be a strong sell on fact

CCP

Expects to be in the black in 1H13 — CCP is confident it will eliminate its losses, currently standing at Bt166.83mn, in 1H13. The company plans to distribute 40% of profit as a dividend. CCP targets revenue growth of 15%YoY in 2013. (Tun Hoon, 13/2/13)

CPALL

Looking for a good 1Q13 — CPALL says that 1Q13 performance will be good. It is confident that 2013 sales will grow 13–15%YoY. In 2012, sales grew more than 15%YoY. (Khao Hoon, 12/2/13)

Comment:  Slowing sales…can’t be good for a stock with such a high PE Continue reading Stocks in the news (bland, ccp, cpall, mk, stec) – 13.02.13