Stocks in the news (centel, grand, hmpro, ktb, maco, oishi, pace, pylon, tluxe, tmi, uniq) 07.07.16

CENTEL
CENTEL plans to take over Thai Foods brand. It targets 2016 revenue to grow at 10%, driven by healthy tourism. (Thun Hoon, 7/7/16)
GRAND
GRAND plans to take over a prestigious hotel in Thailand. It expects to see healthy 2Q16 earnings, driven by booking from Hyde Sukhumvit 11 and hotel businesses. (Thun Hoon, 7/7/16)
Comment: Still have our doubts on their ability to execute…
 
HMPRO
HMPRO expects to see outstanding 2Q16 earnings from Mega Home. It targets 2016 revenue to grow 10-15% from expanding portfolios and a slight change in business model. (Thun Hoon, 7/7/16)
KTB
KTB targets 2016 loans to grow 3-4% from SME and governmental lending. It expects 2Q16 NPL to deceleratedly increase. (Thun Hoon, 7/7/16)
MACO
MACO plans to be number one in the country in 2-3 years with market share more than 40%. It is expanding the business, negotiating for M&A. Its 2Q16 performance is expected to be healthy from advertising signs covering 77 provinces. (Thun Hoon, 7/7/16)
Comment: I’m fairly certain that they are already the largest in what is a very fragmented industry

Continue reading Stocks in the news (centel, grand, hmpro, ktb, maco, oishi, pace, pylon, tluxe, tmi, uniq) 07.07.16

Stocks in the news (akr, chg, dcon, ndr, oishi, siri, tpoly, true, tu, tvt) 06.07.16

AKR
AKR is bidding for government transformer jobs worth Bt3bn and expects to get 10-15%. It expects to get solar job from EPC worth more than Bt400mn. This will support 2016 revenue to reach Bt2.5bn. It plans to expand to Indonesia and Vietnam. (Thun Hoon, 06/07/16)
CHG
CHG expects 2H16 earnings to double supported by high season in 3Q16. It is confident that occupancy rate will be 70-80%. (Thun Hoon, 06/07/16)
DCON
DCON expects good earnings in 1H16 supported by more orders. It is confident that 2016 revenue will hit target of Bt1.1bn supported by construction recovery and more demand. (Thun Hoon, 06/07/16)
Comment: Is there a round 2 coming for DCON? I haven’t looked at the name properly since ’13 but if my memory is correct unless they are doing another property project there won’t be another jump in earnings.
 
NDR
NDR got orders from India worth Bt170mn. It expects 2H16 earnings to continue to grow and expects revenue to reach Bt1bn. (Thun Hoon, 06/07/16)

Continue reading Stocks in the news (akr, chg, dcon, ndr, oishi, siri, tpoly, true, tu, tvt) 06.07.16