Stocks in the news (bts, cnt, ptt, sgp, tks, tmb) 06.12.13

BTS Expects extension to bring in 30-40% more riders — BTS says it expects the Silom-Bangwa extension will add 30-40% new users. VGI will get additional revenue from more commercial space. (Khao Hoon, 06/12/13)

Comment: The addition of the extension is positive news for the co, went to check it, now the question is what are they going to do with THB 40 bn worth of cash?

CNT Revenue to go over Bt10bn next year — CNT is confident that next year revenue will be above Bt10bn after Bt9bn this year. It targets year-end backlog of at least Bt10bn from the current level of Bt9.1bn. (Khao Hoon, 06/12/13)

Comment: CNT has done tremendously well over the past few years growing with the expansion of malls and  bigcs and tescos throughout Thailand

PTT Fire won’t hurt consumers — PTT says the fire at TungKru gas distribution center will not affect its NGV consumers, as it will find other sources for consumers. It also assures that it will find preventive measures so this will not happen again. (Khao Hoon, 06/12/13)

SGP To grow 10-15% next year — SGP is confident that next year earnings will grow at 10-15% due to a strong industrial outlook as gas prices are expect to improve. It believes that 4Q13 will be an all-time high. (Khao Hoon, 06/12/13)

TKS 2013 to be new high — TKS is confident that this year earnings will hit a new high and maintains its earnings growth target of 20%. Next year the company targets growth of 10% as market conditions are still favorable for growth. (Khao Hoon, 06/12/13)

TMB Sale postponed? — TMB wants to postpone its deal as it fear that government might change its stance. ING is still confident that the deal will be concluded. (Khao Hoon, 06/12/13)

Comment: Someone go slap Khao Hoon for their rumour mongering

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