Stocks in the news (becl, cpf, kiat, sat, spali) – 11.03.13

BECL Traffic growth sinks in February off high base — BECL reported traffic growth of 0.21% YoY in Feb 2013, braking hard from 2.6% in Jan 13. (Company data)

CPF CPF targeting health-conscious, overseas — CPF’s new ready-to-eat brown rice-jasmine rice is aimed at a new focus on healthful eating by much of the younger generation. The company also plans to expand abroad, targeting specifically the US, Australia, Canada, and Asian countries. (Khao Hoon, 11/03/13)

KIAT 2013 to bring a turnaround — KIAT says its earnings in 2013 will come back up, backed by a large number of new customers that are ready to sign long term contracts. It plans to invest Bt200mn in additional transport to support the higher number of orders. (Khao Hoon, 11/03/13)

Comment: This company has a great cash flow business. Havent’t looked at them in a while however.

SAT Expects 2013 to show good growth — SAT expects strong business growth in 2013, targeting sales to grow by more than 10%, exceeding Bt10bn compared to last year’s Bt9.6bn, in line with the automotive industry. The company also plans to invest Bt500-700mn to build a new factory for new automotive parts and expand its production for stabilizer bar control and leaf spring groups. (Tun Hoon, 11/03/13)

Comment: There was a massive block trade @ Bt. 32/share, curious to see what unfolds

SPALI Backlog of Bt31bn, with Bt7.8bn to be booked this year —SPALI carries a backlog of Bt31bn and expects Bt7.8bn to be realized in 2013. It aims to launch 25 new projects worth Bt25bn. (Khao Hoon, 11/03/13)

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