AJD expects to sign contract with YTO Express in September. It plans to invest in the logistics business in Thailand soon. (Khao Hoon, 31/08/15)
AOT expects to invest in Suvarnabhumi phase 2, valued at Bt56bn, by the end of this year. Management expects performance to be good as total passengers grew 14% in the first eight months of the year. It targets 50mn passengers this year. (Thun Hoon, 31/08/15)
Comment: And when you talk to construction co’s or project consultants, they all raise their eyebrows b/c AOT can’t talk about project value until they’ve consultant with these folks.
BCP reported 2Q15 net profit and EBITDA of Bt4.05bn and Bt10.4bn respectively aided by high utilization rate at 115KBD. It expects stock loss in 3Q15 but this loss will not impact cash. It plans to acquire a 30-41MW power plant abroad. It plans to add 350-400 new gas stations by 2020. (ASTV, 31/08/15)
BKD has gotten a Bt200mn interior decoration job for a hotel overseas. It expects to get more jobs from Laos after it has got a Bt70mn from Chip Mong Land Co., Ltd. It targets exports to grow 10%. 2H15 net profit is expected to be good aided by seasonality. It plans to bid for Bt1bn in jobs, of which it expects to get 50%. (Thun Hoon, 31/08/15)
CITY expects 4Q15 earnings to be better than 3Q15’s Bt29mn supported by large orders and transfers. It is confident 2015 revenue will grow 10% thanks to a larger customer base. (Thun Hoon, 31/08/15)
DEMCO expects to get a Bt2bn job from EGAT which will raise its backlog to Bt10.2bn. It expects 2015 revenue of Bt6bn. It plans to bid for a 20-30MW solar project. (Thun Hoon, 31/08/15)
Comment: And with WEH fixed they should have a rather decent 2016/17
EASTW will sell raw water to Luck Chai Rubber City Industrial Estate this month. It expects 2015 revenue to grow 10%. It will pay dividend of Bt0.22/share, XD on September 2. (Thun Hoon, 31/08/15)
Comment: An easy to understand steady growing utility business.
FORTH plans to invest in alternative energy business. It plans to bid got s Bt400mn project which will raise its backlog from Bt800mn. It expects 2015 revenue of Bt5bn aided by transfers and subsidiary. (Thun Hoon, 31/08/15)
Comment: ..Well, why not, you can have an IT based alternative energy company?
HMPRO has budgeted Bt60mn to launch a marketing campaign. It expects this to contribute sales of Bt4.2bn. (Khao Hoon, 31/08/15)
KKC says foreign investors are interested in becoming business partners to invest in the power business via a subsidiary. It expects 3Q15 net profit to be good backed by numerous orders for high margin products. It expects 2015 net profit to grow 332%. (Thun Hoon, 31/08/15)
PAF expects to sustain growth in 2016 by adding more products. It says foreign investors are interested investing in alternative energy business. (Thun Hoon, 31/08/15)
PCA expects stable growth in 2H15 backed by Bt400mn in backlog. It is confident 2015 revenue will achieve 15-20% growth as targeted. It plans to invest in a new business that will be relevant to government measures. (Khao Hoon, 31/08/15)
PRIN plans to launch Forest Salaya, valued at Bt4bn, in 3Q15 after a better response to other projects. It plans to focus on condominiums, townhomes and single detached homes with concept of LIVE MORE. (Khao Hoon, 31/08/15)
Comment: The question here is what will the project values of KPN’s assets be? And what will the impact be on the stock price?
PTT’s board has approved an interim dividend of Bt6/share. XD will be on September 15 and payment on September 25. (Post Today, 31/08/15)
SGP expects 3Q15 revenue to be better than 2Q15’s Bt15bn aided by numerous orders. It expects to show a net profit in 2015 from 2014’s net loss of Bt514.30mn. It has budgeted Bt500mn to increase capacity. (Thun Hoon, 31/08/15)
SINGER expects 2015 revenue of Bt1.59bn backed by grassroots stimulus measures. It is confident 2015 revenue will reach 5-10% growth as targeted thanks to a larger customer base with its strategy such as lengthening the installment period. It expects to increase sales in the commercial sector to 55%. (Thun Hoon, 31/08/15)
Comment: Every leasing company should be reacting positively to this news.
SOLAR expects to benefit from an 800MW PPA from ERC, expects 600MW by the end of this year. Management expects to get 200MW including selling solar cells and construction. (Khao Hoon, 31/08/15)
THCOM expects 2015 revenue to achieve target 5% growth although it may be affected by FX. It targets revenue from related business to achieve 20% growth in three years. It is considering investing in three more satellites; it expects to make a decision by the end of this year. It says it has enough cash for the investment. (Thun Hoon, 31/08/15)
Comment: The crash in the stock price occurred when the CEO said she was stepping down
TRT expects to bottom out and show a good performance in 2H15. It expects 1H16 earnings of Bt105mn. It expects exports to grow 100%. (Thun Hoon, 31/08/15)
UPA’s board has approved buying a 93% stake in APU after the IFA commented that shareholders should not approve this acquisition because management has said that it expects to earn a higher return than the purchase price. (Post Today, 31/08/15)