BAFS reported net profit of Bt957mn in 2015. It will pay dividend of Bt0.85/share, XD on May 3. It will also pay a special dividend of Bt0.25/share, XD on 1 March 2016. It plans to expand its business to hotels, property and renewable energy. (Thun Hoon, 19/2/16)
Comment: A consistent dividend payer and with the Don Muang airport expanding it will continue to see volume growth
CK expects to get a job worth Bt20bn. The company targets 2016 revenue of more than Bt30bn supported by backlog worth Bt90bn. (Khao Hoon, 19/2/16)
CPN will pay a dividend of Bt0.70/share, XD on 26 April 2016. It plans to issue a debenture worth not more than Bt10bn. (Thun Hoon, 19/2/16)
EPG is confident that revenue in 2015-2016 will reach Bt8.5-9bn, growing 25-30%. It has budgeted Bt100mn to improve its three product groups with a budget of Bt1.2bn for M&A. (Khao Hoon, 19/2/16)
Comment: The question here is how far will the cost savings and depressed commodity prices take their earnings
INTUCH shows net profit of Bt16bn or growth of 9% in 2015 from Bt114.7bn in 2014. It will pay a dividend of Bt2.4/share, XD on April 4. It targets revenue growth of 5% in 2016. (Thun Hoon, 19/2/16)
IVL to report earnings today. It expects profit of Bt6bn or growth of 300% from 2014. It expects to pay a dividend of Bt0.24/share. (Khao Hoon, 19/2/16)
NDR board approved a dividend of Bt0.06/share, XD on April 5. It reported net profit of Bt34mn, down 26% in 2015 due to decreasing purchasing power. It sets its revenue target at Bt1bn supported by setting up a 1 MW solar rooftop to reduce cost. (Khao Hoon, 19/2/16)
PLANB reported profit in 2015 of Bt400mn supported by advertising business expansion. It targets revenue growth of 30% in 2016. (Khao Hoon, 19/2/16)
Comment: I still can’t believe its valuation…
PTTGC expects profit to continue to grow this year. The petrochemical business recovered supported by aromatics and olefins. It has budgeted US$1.5bn for investment over the next five years. (Khao Hoon, 19/2/16)
SPCG reported net profit of Bt2.5bn, up 30%, supported by it booking revenue from 36 projects. It will pay a dividend of Bt0.81/share, XD on March 10. (Khao Hoon, 19/2/16)
Comment: Again, its the best solar operator in Thailand, they are the only ones to get everything up and running. I do wonder about their investments in Japan though.
TOG expects three-year CAGR of no less than 10%. It has budgeted Bt800mn to expand capacity. It targets revenue growth of 15-20%, driven by revenue from Thailand and AEC. (Thun Hoon, 19/2/16)
Comment: It’s a great little business but fairly valued.
True Move H stands to win support from six banks – Five Thai banks and one Chinese bank ICBC (Thai) – have confirmed that they will jointly provide bank guarantees to True Move H Universal Communication, the winner of auctions for two fourth-generation 900-megahertz telecom licenses for more than Bt76 billion combined. (The Nation, 18/2/16)
Comment: And we have yet to hear anything coming out of JAS….