Co Visit: JWD Infologistics Plc (JWD)

Logistics specialist JWD adds value to lift margins

JWD Infologistics Plc, an integrated inland logistics service provider that has been expanding beyond its original food and cold-chain focus, listed on the Stock Exchange of Thailand in September last year. CEO Charvanin Bunditkitsada discusses the company’s strategy and outlook.

What is JWD’s business model?

JWD is a third-party logistics provider in Thailand. We focus on providing value-added services to our clients including warehouse management, transport and distribution, moving, record and information management and other value-added services. The combination of these services and our locations allows us to be a one-stop service provider.

We have six locations spread throughout the country located near airports, ports, industrial estates and manufacturing factories. Our main location is within the Laem Chabang Port area and we have other locations for cold-chain services in Mahachai, Suwinthawong and Bang Na.


Charvanin: Plans regional expansion

Who are JWD’s customers?

Our clients typically are multinationals and large domestic corporations in the automotive, food and chemical industries such as Nissan, Isuzu, Tata, GM, CP Group, Betagro, Thai Union and Siam Cement Group.

What is JWD’s current capacity and utilisation rate?

In Thailand we have 775,000 square metres of space with an average utilisation rate of 85-90% and are expanding throughout Cambodia, Laos and Myanmar with an additional 6,690 sq m with 60-70% utilisation by the second quarter of 2016.

Continue reading Co Visit: JWD Infologistics Plc (JWD)

WHTW: Top 10

  • Mega-projects to be underway by midyear — The government will make an effort to get going on its mega-projects this first quarter, or by no later than midyear, said Somkid Jatusripitak, the deputy prime minister in charge of economic affairs. “We expect to disburse a total of Bt66.8 billion from the investment budget this year,” he said. (The Nation, 26/1/16)
  • Hotel occupancy shows good recovery in 2015 – Thailand’s hospitality industry reached new highs in 2015, enjoying its best year in more than two decades, according to research by STR Global. Average occupancy for hotels in Thailand last year was 73.4 per cent, an increase of 13.6 percentage points over 2014 thanks to arrivals soaring to nearly 30 million, driven by the China market. December alone was a particularly strong month as occupancy levels reached 77.4 per cent, the highest since 1995. (The Nation, 26/1/16)
  • Thai December exports shrink at fastest pace in years, outlook weak — Exports, worth about two-thirds of GDP, fell 8.73 per cent in December from a year earlier, the Commerce Ministry said on Tuesday (Jan 26). A Reuters poll projected a 7.2 per cent drop. (Reuters, 26/1/16)

Continue reading WHTW: Top 10

Stocks in the news (asefa, bcp, big, bwg, fsmart, lhbank, malee, pca, pttep, ptg, pylon, siam, sr, tsf) 29.01.16

ASEFA expects its new plant to run this February. This plant will raise its capacity by 50%. It plans to open five more after-sales service centers to handle upcoming large orders. (Thun Hoon, 29/01/16)
Comment: Well the question will turn to utilisation rates, its a new ipo, not much of a public market track record and we still have many questions about it.

BCP expects 2015 net profit to be over Bt4.1bn (500% growth) despite net loss of Bt99mn in 4Q15 from stock and impairment loss. (Khao Hoon, 29/01/16)

BIG targets 2016 revenue to grow 10% by offering photography services and solutions. It plans to provide another service, printing photos from mobile phones, targeting the youth. It plans to pay a dividend on its robust 2015 earnings. (Thun Hoon, 29/01/16)
Comment: They say that 1) Margins are stable 2) Growth comes from consumers actually wanting to use cameras and the change in consumer behaviour; I say 1) Ok 2) Don’t see it ccontinuing

BWG targets 2016 revenue growth of 10-15% backed by increasing waste income. It is working with EGAT to invest in a waste power plant. It plans to cooperate with IEAT to invest in IE for alternative energy, with a decision to be made by April. Foreign investors are interested in its shares via PP. (Khao Hoon, 29/01/16)
Comment: It would be interesting to see how this company develops….if everything they say is true then there could be a decent amount of upside available. No idea why they would need a PP give that their capital base seems solid

FSMART targets 90,000 Boon-Term Top-Up machines by the end of this year. It expects these to contribute Bt21bn revenue in 2016. It expects to offers a new platform for its Top-Up machines to make them more user friendly. (Thun Hoon, 29/01/16)
Comment: Just amazeballs

Continue reading Stocks in the news (asefa, bcp, big, bwg, fsmart, lhbank, malee, pca, pttep, ptg, pylon, siam, sr, tsf) 29.01.16