Stocks in the news (apco, beauty, dna, global, glow, ifec, ivl, kce, ptt, sappe, thcom, tkn, true, xo) 12.05.16

APCO
APCO reported profit growth 12.16% in 1Q16 supported by increased sales. It plans to expand its business nationwide. It targets revenue growth of no less than 10% in 2016. (Thun Hoon, 12/5/16)
Comment: They have yet to be able to reach the heights that everyone was expecting 2 years ago
 
BEAUTY
BEAUTY reported 1Q16 net profit of Bt129mn, growth of 70%, supported by more revenue from adding branches, supporting customer demand in Thailand and abroad. (Kao Hoon, 12/5/16)
Comment: And the growth just continues and continues and continues
DNA
DNA board approved a budget of Bt4.39mn for its subsidiary “My Network” to acquire 51% of AEK stock. It plans to do an ICT business in Laos. It targets to have AEK be in the top three brands within two years. (Kao Hoon, 12/5/16)
Comment: This company seems to have the funniest dealings…
 
GLOBAL
GLOBAL reported net profit of Bt451mn or growth of 108% due to increasing sales and higher gross profit. It is confident that 2016 revenue will grow no less than 10%. It plans to open 12 new branches, three in June. It plans to invest in Myanmar and Cambodia. (Kao Hoon, 12/5/16)
Comment: Rather surprising turnaround and growth in their 1Q. Is upcountry back?

Continue reading Stocks in the news (apco, beauty, dna, global, glow, ifec, ivl, kce, ptt, sappe, thcom, tkn, true, xo) 12.05.16