ASIMAR expects 2015 net profit of Bt120-130mn after achieving Bt102.2mn in the first nine months of the year. (Thun Hoon, 05/01/16)
COM7 expects tax incentives to help revenue grow more than 25%. It expects 4Q15 sales to be good because it has 300 branches and many products for sale, including iPhone 6s and iPhone 6sPlus.(Khao Hoon, 05/01/16)
Comment: A 1 time shot, expect for 1Q #’s to look weak.
CPN has budgeted Bt400mn to invest in Pororo Aquapark Bangkok at Central Plaza Bangna. It expects this to increase traffic by 15-20%. (Khao Hoon, 05/01/16)
CSS expects 2016 revenue of Bt5.5bn (20-25% growth) as DTAC and TRUE get busy with expanding their 4G towers. It also expects to get jobs from AIS and JAS. It expects to get a solar farm at a cooperative, which is expected to be announced in 3Q16. (Thun Hoon, 05/01/16)
Comment: You can do the numbers and you’ll see its already fairly priced.
EIC plans to sell 30.2% of Smart Traffic shares to Smart Merchant International for Bt185mn. It expects this to contribute gain of Bt18.8mn. (Khao Hoon, 05/01/16)
Comments: Looks like a left pocket right pocket deal, wonder what the FA would say here…
GC expects 2015 net profit to be a five year high aided by numerous orders and cost control. It is budgeting Bt30mn to invest in logistics, which is expected to increase its gross margin to 6%. It expects no impact from the baht depreciation because of forward contracts. It expects to broaden its customer base. (Thun Hoon, 05/01/16)
MILL expects 2016 revenue to be over Bt20bn (25% growth) aided by higher steel demand for public investment. It targets gross margin of 10% backed by its new production line. It expects to pay a dividend on 2015 performance. (Thun Hoon, 05/01/16)
PDG expects net margin to increase to 22% on the back of lower raw material price. It expects 2016 earnings to be good after starting full operations. It is talking to prospective partners in Vietnam and Cambodia to set up subsidiaries, which is expected to be finalized soon. It expects 2016 revenue to grow 8-10% from 2015’s Bt692mn. (Thun Hoon, 05/01/16)
QLT expects 2016 revenue to grow 5% by a focus abroad. It is talking to a prospective partner in Vietnam to invest Bt40-50mn to improve production efficiency. (Khao Hoon, 05/01/16)
SEAFCO expects to take part in Bt6.5bn public project bids in 1Q16 and expects to get Bt1.8bn. It expects this to increase backlog by 15%. (Thun Hoon, 05/01/16)
Comment: A continuous beneficiary from all this government infrastructure works
SENA expects to invest in alternative energy in Japan which it expects to conclude this year. It expects to supply 46.5MW electricity as planned. It expects this to start contributing revenue in Jan and expects this to generate Bt40-50mn net profit per year. (Thun Hoon, 05/01/16)
Comment: Well they sold the 46.5MW rather expensively or fairly whichever you looked at it to themselves hence why the price hasn’t relly gone anywhere
SPA targets 2016 revenue growth of 30% from opening 10 new branches. It has budgeted Bt250mn to acquire a new business, which is expected to be concluded in 1Q16. (Khao Hoon, 05/01/16)
SUPER expects two solar farm projects (46.9MW) to start operations, increasing its total capacity to 146MW. (ASTV, 05/01/16)
SUTHA expects 2016 revenue to grow 10% on the back of transfers and new orders. Its backlog is US$3mn which can cover revenue to 2017. It has budgeted Bt15mn to introduce new products. (Thun Hoon, 05/01/16)
TSR expects 2016 revenue growth of 30% from 2015’s Bt1.5bn. It plans to open 5-7 branches via modern trade such as HomePro and Do Home. (Khao Hoon, 05/01/16)
Comment: This growth combined with a recently provided warrant has made it a new darling for retail investors
UNIQ expects to get Bt30-40bn in government projects which will double its backlog. It plans to hold a road show in Germany, France and the UK in 1Q16. (Thun Hoon, 05/01/16)
Comment: I am still impressed by how they were able to break up the big 3 into the big 5.