Stocks in the news (banpu, lpn, nbc, pjw, pttep, pttgc) 22.02.13


Buyback boosts Banpu share price – The SET-listed Banpu Plc, ASEAN’s leading coal miner, announced a Bt6.15bn share buyback plan yesterday, a move that rallied its share price after its net profit dropped last year on weakening coal prices. (Bangkok Post, 22/02/13)

Comment: While good on a ST basis, it doesn’t cloud the fact that Banpu sold off part of its business 2 years ago, hence why EPS can’t return to its former hey days


LPN looks for Bt2bn plus in revenue in 1Q13 — LPN says that it expects more than Bt2bn in revenue in 1Q13 and expects revenue in 2Q13 and 3Q13 to jump to over Bt10bn due to higher number of unit transfers. The company is to launch a large condominium project located in Rangsit Klong 1 worth Bt6bn in 2Q13. (Khao Hoon, 22/02/13)

Comment: Great co, great management, well placed, bloody exp stock price.


Expects 15% growth in 2013 revenue — NBC expects revenues for 2013 to increase by 15% from last year’s Bt547.31mn, supported by strong growth in the media industry. The company has also given the green light to increase capital by issuing 541.84mn new shares at rights of 1 old to 2 new at an offering price of Bt3/share. The proceeds will be used to bid for a TV digital license at the auction that will be held in March. (Tun Hoon, 22/02/13)

Continue reading Stocks in the news (banpu, lpn, nbc, pjw, pttep, pttgc) 22.02.13