Stocks in the news (advanc, crane, egco, grammy, hmpro, htech, ncl, paf, pt, ptg, ptt, sim, siri, sst, tmi, trc) 06.02.15

ADVANC
ADVANC announced the dividend payment in 2H15 Bt5.96/share, raising the full year dividend to Bt12/share. This year, it targets revenue growth of 3-4%. It has budget of Bt40bn to expand 3G, fiber optic and broadband. (Kao hoon, 6/2/15)

CRANE
CRANE will propose board to pay dividend more than 50% within 1Q15, following from the superb 2014 earnings. In 2015, it expects the business to grow 20% from the boom of construction. It is studying on the listing of its four associates to raise fund from SET. (Thun Hoon, 6/2/15)

EGCO
EGCO invested Bt1.2bn for acquiring an additional 33.33% of the common shares in Natural Energy Development Co (NED) with the capacity of 63 megawatts. It will recognize additional revenue contribution from the increase of its stake for the investment immediately. (Kao hoon, 6/2/15)

GRAMMY
Digital TV to decide GRAMMY’s result – The company expects its 2015 performance to be based on its digital TV business. It sets the investment in content about Bt1bn for digital TV channel. (Kao Hoon, 6/2/15)
Comment: Similar to RS and WORK, grammy is betting the bank on digital TV working, but they have had capital issues hence the new partner in it’s digital operations

HMPRO
HMPRO sets the budget of Bt40mn for promotions during Chinese New Year, via the launch of the “Home pro Super Shock Sale” campaign with the maximum discount up to 70% from today until 4 March 2015, hoping to stimulate sales more than Bt3.5bn. (Kao Hoon, 6/2/15)

HTECH
HTECH to decide on partnership – The management of HTECH has not yet decided, after two foreign investors are interested to be a partner, with the plan to strengthen its business first. In 2015, it expects the revenue to grow 10-15%, focusing more HDD after the slowdown of auto parts industry. It signals that its 2014 to be outstanding. (Thun Hoon, 6/2/15)

NCL
NCL will expand the business to Hong Kong and Cambodia. It is ready to seek the partner to invest in the integral logistics for supporting business next year. NCL expects its earnings to grow 30% in 2015. It cancels the plan to set up the business in Dubai. (Thun Hoon, 6/2/15)

PAF
The big alternative energy group is ready to prepare the tender offer for PAF at Bt7, hoping to bring the license of solar and waste power plant to pave the way for business in the future. The shareholder structure would be changed with the lower stake of Sahapat. (Thun Hoon, 6/2/15)
Comment: I have no idea what this is going on here, but the mention of solar power normally makes a stock price jump through the roof today.

PT
Still in negotiation with new partner – The management of PT said it is still negotiating with the new Japanese investors for being a partner. In 2015, its profit will be excellent, if the government pushes the digital economy and 4G to support demand of data center and network equipment. It is confident that profit will growth every year due to increasing order from communication sector. (Thun Hoon, 6/2/15)

PTG
PTG targets revenue growth of 20%, supported by the opening of new 30 LPG stations to raise the number of its gas station to 1,200 branches. It sets investment budget of Bt2.4bn and prepares to build a new tank. (Kao Hoon, 6/2/15)
Comment: Little do people realise, but this “little” company aims to be the #1 petrol retail station in Thailand

PTT
The Energy Ministry will ask PTT to import another 3mn tons of LNG this year to fill the LNG depot to its maximum capacity to compensate for the upcoming loss of a gas supply from JDA B17 for Petronas Malaysia based on the contract on 1 April 2015. (Krungthep Thurakij, 6/2/15)

SIM
Revenue from overseas – SIM is ready to focus more on The Philippines and Middle East to double its revenue from overseas. It expects the revenue to hit Bt13bn in 2015, via focusing new markets and launching new products. It has recently partnered with TRUE to offer new promotions in order to raise the domestic sales. (Thun Hoon, 6/2/15)

SIRI
SIRI is concerned on the economic slowdown in 2H15, as the government budget might not help the low income. In 2015, it plans for the launch of low-rise projects about Bt15.5bn, covering all price level and diversifying its risk profile, and it expects the revenue of Bt13bn. (Krungthep Thurakij, 6/2/15)

SST
SST business turnaround will continue from 2014 when it turned to be profitable from the sales of fund. In 2015, it will expand the stores in all brands to increase its revenue, close the deal for the sales of Greyhound franchise to foreign agents, and acquire more businesses. (Thun Hoon, 6/2/15)
Comment: How much more capital will SST have to raise to do further acquisitions?

TMI
TMI signals for the business turnaround in 1Q15, via order from overseas at Bt20-30mn. In 2015, it expects revenue to grow 15-20% and the export to Middle East and ASEAN to rise to 20-25%. It is accelerating the studying on the alternative energy to complete next year. (Thun Hoon, 6/2/15)

TRC
TRC got a pipeline maintenance works from PTT worth Bt3.7bn. It will sign contract for road construction in Bangkok worth Bt1.2bn. It expects to receive work in Potash mine worth Bt14-16bn. (Kao Hoon, 6/2/15)
Comment: It’s the holding it has in the potash mine that has driven TRC’s stock price in the past week

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