ADVANC expects 2Q15 sales to drop more than 10-20% on the slow economy, though internet utilization will still grow. ADVANC says the company is not worried about sales as there are more than 10mn prepaid subscribers who do not register. (Khao Hoon, 07/07/15)
Comment: That’s a huge drop for ADVANC.
CHO expects to sign a Bt4bn NGV contract this week. It is talking to KCM to build a DC and warehouse for rent in Khon Kaen which is expected to be finalized this year. (Khao Hoon, 07/07/15)
Comment: Great news for CHO, doubt the long term sustainability of receiving constant projects from the government, but still great for the short term
CPF expects to pay a Bt0.3 per share interim dividend. 1H15 profit is expected to drop 76% to Bt959mn. It expects to show its best performance in 3Q15, benefitting from recovery of chicken and pork prices and export growth. (Khao Hoon, 07/07/15)
DNA has announced that subsidiary DNA Revolution will buy WSG shares. World Sport Group (WSG) is engaged in ad management business and has obtained the rights to broadcast sports competitions. (Khao Hoon, 07/07/15)
MATCH expects 2Q15 earnings to be better than 2Q14’s Bt157.83mn backed by ad revenue. Management is confident 2015 revenue will higher than Bt703mn. It expects to increase revenue by focusing on the equipment rental business. (Thun Hoon, 07/07/15)
ML expects 15% loan growth this year. It has got the license for nano-finance and expects to start this scheme in 3Q15. (Thun Hoon, 07/07/15)
Comment: Nano finance is not the success story that people have been raving about it.
NCH maintains 2015 sales at Bt3.5bn as it plans to open 2-4 low-rise projects valued at Bt3bn. It plans to launch the condominium Pattaya Phase ”, worth Bt600mn soon. 2015 revenue is expected to reach the target of Bt2.2bn. (Khao Hoon, 07/07/15)
NUSA expects to revise up 2015 revenue to Bt2bn. Three projects valued at Bt4.3bn are expected to finish in the second half of this year and it plans to open one more in Phuket in 4Q15. (Khao Hoon, 07/07/15)
Comment: Well they still have cashflow issues, and its not the best management in town.
PAE expects to show a net profit this year. It is ready for upcoming bids worth Bt1.4bn. It is budgeting Bt800mn for set up a tap water pipeline in an eastern industrial estate. (Khao Hoon, 07/07/15)
PS expects to report 10% revenue growth for the first half of this year. It plans to launch 38 projects over the remainder of the year. It expects 2015 presales of Bt47bn. (Thun Hoon, 07/07/15)
Comment: One of the few property companies to consistently perform well and achieving its sales targets year in year out.
SALEE plans to increase capacity, expecting to raise revenue from Bt10mn to Bt40mn each year with 30% gross margin. It plans to set up a factory in ASEAN. (Thun Hoon, 07/07/15)
Foreign companies interested in becoming a business partner. Management is confident a new shareholder structure will support company growth. It expects 56% revenue growth this year backed by booking revenue from condominium. (Thun Hoon, 07/07/15)
Management is confident 2Q15 performance will achieve target with NPLs at no more than 4%. (Thun Hoon, 07/07/15)
Comment: SAWAD is a machine of a business, the big growth era for the company is temporarily over but still a well-run company.
SCP expects 2016 earnings to surge aided by private and public projects which will raise backlog. It expects to get the job for dual track projects as its factories are located in every region. (Thun Hoon, 07/07/15)
1H15 performance is expected to show a net profit from 1H14’s losses of Bt4.4mn thanks to ad revenue. It expects 2015 revenue to grow 15%, benefiting from growth in the media business. (Thun Hoon, 07/07/15)
Investors from Hong Kong are interested in TAE shares as it has strong fundamentals. Management expects to broaden its market to the Philippines. (Thun Hoon, 07/07/15)
3Q15 performance is expected to be good backed by government investment and seasonality in China. (Khao Hoon, 07/07/15)
Comment: Still wonderfully positioned and will continue to be the foreseeable future.
THCOM expects 2Q15 earnings of Bt524mn backed by Bt210mn extra gain from selling Synertone. It expects 2H15 performance to grow on 100% revenue recognition from Thaicom 7. It expects 5-7% revenue growth this year. (Thun Hoon, 07/07/15)
Comment: The issue for THCOM is now growth, the turnaround was successful from 2010-2014, but now what?
UAC plans to invest in alternative energy business after it was issued a 1MW PPA by PEA. It expects its power plant and trading businesses to contribute equally to revenue. (Thun Hoon, 07/07/15)