Stocks in the news (dtac, eason, erw, intuch, kaset, major, nok) 03.04.14

DTAC

DTAC hopes to pay out dividend again at Bt1.60/unit in 1Q14 after clearing its accumulated losses of Bt15.9bn. It expects revenues for 1Q14 to touch Bt24bn with net profit at Bt2.85bn, and 2014 net profit estimated at Bt12.2bn. (Khao Hoon, 03/04/14)

Comment: The dividend machine that is DTAC continues

EASON

EASON will be investing abroad and aims to open its new factory and office in Indonesia in 3Q14 and open its Malaysian sales office soon. One of its subsidiary plans to increase its capital to invest more in the filter business. However, EASON said that revenue this year may be less than last year. (Khao Hoon, 03/04/14)

Comment: If you stop and analyse the numbers of the top 100 companies on the SET, you’ll see the a lot of them generate a substantial amount of their earnings overseas already, just another reason why this market is damn resilient.

ERW

Erawan cuts H1 outlook 25%- The Erawan Group (ERW), the SET-listed hotel and plaza developer, projected its revenue in the first half of this year would be lower than last year as half of its hotels have been affected by the political turmoil. (Bangkok Post, 03/04/14)

Comment: No doubt about this, but the value here is their assets. Continue reading Stocks in the news (dtac, eason, erw, intuch, kaset, major, nok) 03.04.14

Stocks in the news (aot, jsp, ktech, mcot, pttep, rs) 02.04.14

AOT

AOT to book final flood claim in 2014 — AOT says it will be receiving the remaining compensation for the flooding of Don Muang airport of Bt900mn from total of Bt1bn that it expects to book this year. Don Muang airport’s management reports more than Bt336mn charter flight booking in April. (Khao Hoon, 02/04/14)

JSP

J.S.P. eyes capital funds from SET- J.S.P. Property plans to mobilize funds from the Thai stock market to buy a land bank for new projects, says chief executive Tanongsak Manotamraksa. The company has developed projects through its subsidiaries China Center, J.S.P. Golden Land, Sampeng 2 Plaza and J.S.P. Property Management. (Bangkok Post, 02/04/14)

Comment: Ohhhhh another property company, *yawn* zzzz

KTECH

KTECH expects 2014 revenue of Bt3.2bn and Bt200mn net profit before it will be traded in June 2014. It has 7seven new investors that are ready to invest via private placement of 145mn shares at Bt1 a share. It will use the funds to service debt. (Khao Hoon, 02/04/14)

Comment: This company has a fabled history, could this be the turnaround play for the year? Continue reading Stocks in the news (aot, jsp, ktech, mcot, pttep, rs) 02.04.14

Stocks in the news (amata, aot, slc, spcg, thai, wha) 01.03.14

AMATA

AMATA says 1Q14 investment slowed due to political instability. It expects investment to return once calm is restored. It is negotiating with 7-8 foreign investors. (Khao Hoon, 01/04/14)

Comment: Not much of a surprise here, but its good value still @ these prices.

AOT

AoT banks on ‘airport city’ plan to boost revenue – Airports of Thailand Plc (AoT) is heavily promoting its “airport city” plan covering Suvarnabhumi, Don Mueang and Phuket airports as a way of strengthening long-term revenue growth. (The Nation, 01/04/14)

SLC

SLC’s Spring News TV obtains 19th channel in digital TV system. It is doing a broadcast test and expects good response from customers. It expects to double revenue from a year earlier and expects this business to be 60% of total revenue within three years.(Khao Hoon, 01/04/14)

Comment: Punters are going to rejoice again with this name  Continue reading Stocks in the news (amata, aot, slc, spcg, thai, wha) 01.03.14