ASIMAR expects to bid for a Bt1bn ship building contract. It plans to increase capacity by set up a third floating dock. It expects 3Q15 earnings to be good aided by transfers. (Thun Hoon, 05/10/15)
BMCL expects growth in 3Q15 earnings backed by increasing passengers. It expects 300,000 passengers/day. It expects to show a net profit in 2016 after the MRT Purple Line begins contributing revenue in 4Q15. (Thun Hoon, 05/10/15)
Comment: The moment that BMCL can expand its lines from its existing ~20km to just even 30km then it’ll finally become a profitable company.
COLOR expects 2015 revenue to mark a record high thanks to high demand and lower oil price. It expects 5% growth in 2015 revenue. It plans to increase exports to comprise 20% from 18- 19% now. (Thun Hoon, 05/10/15)
CPALL expects 2H15 earnings to be better aided by a marketing campaign, recovery in purchasing power, and seasonality. (Khao Hoon, 05/10/15)
Comment: Again the story here is purely if and/or when they’ll sell their stake in MAKRO to the market.
GLOBAL subsidiary is talking to prospective partners to invest in Myanmar and Vietnam which is expected to be finalized by this year. It says sales grew more than 15% after it acquired shares in a Lao company. (Thun Hoon, 05/10/15)
INTUCH has subscribed to a 33,333 new shares (25% or Bt23.83mn) issued by Golfdigg for the company’s Invent project. It expects this to provide growth. (Khao Hoon, 05/10/15)
Comment: A small investment BUT if you enjoy playing golf and you live in Thailand, you’d better go and get this app for yourself.
PS presales have grown 10% in the first nine months and it expects to achieve Bt47bn this year. It expects 2015 revenue of Bt47bn. Management is confident 2015 net profit will achieve a new high. It wants the government to implement stimulus measures before the home and condo expo to be held Oct 8-10. It expects this will increase consumer confidence. (Thun Hoon, 05/10/15)
Comment: And yet again the largest property company in Thailand is still one of the few that can continue growing
MALEE expects 3Q15 earnings to be seasonally high. It expects 2015 revenue to grow 10% from 2014’s Bt4.85bn. It expects demand to increase backed by the trend for healthy food. It is looking for a partner in the Philippines. It expects this to contribute Bt1bn revenue in 2017. (Thun Hoon, 05/10/15)
Comment: I like the idea of expanding to the Philippines, the market is still growing strongly there but competition is just as tough as in Thailand
MINT reports a subsidiary has acquired hotel assets, Hotel Tivoli Oriente, in Portugal. It expects funding to come from bank loans. (Thun Hoon, 05/10/15)
NPP will set up a JV with TLUXE named NPP Food Incorporation Co., Ltd. It expects this to proceed with the acquisition of A&W Restaurant franchise license. It expects this to expand the company’s business and increase sources of income. It plans to acquire other companies. (Thun Hoon, 05/10/15)
NUSA plans to cooperate with Wind Energy via a subsidiary to invest in alternative energy. It is looking for a partner and will undertake an acquisition to increase revenue. Management expects 2015 net profit to be good backed by Bt5bn in sales. It plans to introduce one more project, valued at Bt1.13bn. (Thun Hoon, 05/10/15)
Comment: This is just a weird company, politicians, police, property, fund raising, and now alternative energy, but hey the stock price may run?
SCN plans to partner with OGT to supply gas to industrial factories located along the gas pipeline. (Thun Hoon, 05/10/15)
Comment: It’s an interesting semi-monopoly here.
SSI is asking creditors for rehabilitation at the court on Oct 1. It is entering a restructuring process. (Thun Hoon, 05/10/15)
STANLY expects FY2016 revenue (Apr 2015-March 2016) to be close to FY2015’s Bt9.98bn with Bt1.15bn in net profit. It expects sales to drop because of the economic slowdown. It expects the government stimulus measure to help the economy and the auto sector. (Thun Hoon, 05/10/15)
TFD IE changed to “purple” from “green”. TFD says the Department of Public Works and Towns Planning Bangpakong Chachoengsao has changed 2,200 rai in Phase 2 of the TFD industrial estate to “purple” from “green”. It plans to ask for EIA approval. It says foreigners are interested in this area and expects the area to be sold soon. (Thun Hoon, 05/10/15)