Stocks in the news (banpu, beauty, chow, demco, ichi, ktc, ps, mcs, ptg, sc, siri, tasco) 17.08.15

BANPU
BANPU plans to boost sales in 2H15 and expects average coal price of around US$59 per ton. The company plans to expand its power business abroad with the aim of increasing its generating capacity to 4,000MW by 2020. (Khao Hoon, 17/08/15)
Comment: The only thing we are all waiting for is it’s power IPO

BEAUTY
BEAUTY plans to take a roadshow abroad. Its 2Q15 net profit was Bt93mn. The company is confident it will achieve its revenue growth target of 20%. (Khao Hoon, 17/08/15)

CHOW
CHOW’s board approved investment in a solar farm in Japan worth Bt1.2bn, expecting to get revenue of Bt200mn. (Thun Hoon, 17/08/15)
Comment: They’ve done a full turn into expanding into solar farms

DEMCO
DEMCO expect get new projects worth no less than Bt5.2bn in 2H15 from the total bidding of Bt11bn. The company expects its backlog to increase to more than Bt10bn by YE2015. (Thun Hoon, 17/08/15)
Comment: Regardless of the politics and the economy, this company continues to win close to every renewable project out there

ICHI
ICHI’s 2Q15 net profit was Bt325mn (+3%). Its board approved an interim dividend of Bt0.25/share. The company expects the beverage market to continue expanding in 2H15. It expects to achieve its revenue target of Bt7.5bn. (Khao Hoon, 17/08/15)
Comment: 3%? For a consumer name? That’s rubbish innit?

Continue reading Stocks in the news (banpu, beauty, chow, demco, ichi, ktc, ps, mcs, ptg, sc, siri, tasco) 17.08.15