Stocks in the news (bafs, cnt, ecf, epg, fpi, ifec, jwd, kbank, ksl, mpg, pjw, smt, tks, tog) 08.06.16

BAFS
BAFS is confident that revenue will grow more than 9% in 2016 and expects net profit to be a new high, supported by a 7-8% increase in volume. (Kao Hoon, 08/06/16)
Comment: A natural grower with AOT
 
CNT
CNT expects 2016 earnings to be positive and plans to bid for a new job. It will change strategy to focus on high gross margin job at 4-6% to support earnings. Despite the loss in 1Q16 it targets 2016 revenue of Bt6.5bn. (Thun Hoon, 08/06/16)
Comment: When the entire industry picks up then CNT can finally win decent projects again, until then, I don’t expect much
 
ECF
ECF plans to bid for a 36MW biomass power plant on June 15-30. It expects 2Q16 furniture sales growth of 12-15%. It is confident that 2016 revenue will hit target of Bt1.5bn. (Kao Hoon, 08/06/16)
Comment: If thats the plan, expect to hear a PP or recap coming from them
 
EPG
EPG expects FY2017 earnings to grow over Bt1.6bn supported by more sales and increased capacity. (Kao Hoon, 08/06/16)

Continue reading Stocks in the news (bafs, cnt, ecf, epg, fpi, ifec, jwd, kbank, ksl, mpg, pjw, smt, tks, tog) 08.06.16

Stocks in the news (anan, bch, bm, kiat, loxley, nok, pttgc, scb, smart, spc) 07.06.16

ANAN
ANAN will hold a roadshow in Singapore. It targets 2016 revenue of Bt15.6bn thanks to high demand. It plans to launch Bt18.7bn in new projects, raising its backlog from Bt38.5bn and covering revenue through 2017. (Thun Hoon, 07/06/16)
Comment: Perhaps the hardest hit name post the draft bill re property
 
BCH
BCH expects 2Q16 earnings to be good backed by a bigger customer base and better performance than expected at WMC after it signed contracts to serve more foreign clients. It expects 2016 revenue to grow not less than 10%. It is budgeting Bt500mn to invest in a 140-bed hospital in 4Q16. (Thun Hoon, 07/06/16)
BM
BM expects to talk with prospective Japanese partners after they expressed an interest in acquiring a 20-25% stake. It is talking to three prospective partners to sell conduits in Myanmar. It expects 2Q16 to be good. It expects 2016 revenue to grow 15-20% as targeted. (Khao Hoon, 07/06/16)
KIAT
KIAT got a Bt500mn chemical product logistics project which is expected to contribute Bt100mn revenue per year. It plans to take part in Bt100mn in projects. It is interested in the power business after studying LNG investment. It expects a decision to be made in 4Q16. It expects 2H16 earnings to be good. (Khao Hoon, 07/06/16)
Comment: Still a very steady business. But not sure on this LNG investment

Continue reading Stocks in the news (anan, bch, bm, kiat, loxley, nok, pttgc, scb, smart, spc) 07.06.16