Stocks in the news (aot, bjc, bkd, ivl, lph, lpn, maco, mcs, nwr, pca, ps, rs, tf, vgi) 04.07.16

AOT
AOT is confident that FY2016 profit will be a new high. It reports 1H16 profit of Bt10.1bn supported by tourism recovery. It targets 2016 passengers of more than 12.5%. It will increase its investment budget to Bt194bn to develop six airports and increase non-aeronautical ratio to 50%. (Thun Hoon, 04/07/16)
BJC
BJC announces a second rights offering of not over 807,779,000 shares. It will indicate the number of shares that will be issued for a PP on July 8, 2016. (Kao Hoon, 04/07/16)
BKD
BKD expects 2016 net profit growth of 245.8% after booking an extra item of Bt410mn from the sale of 20 rai. It expects average revenue growth of 38.5% per year. It expects 2016 revenue to exceed Bt1.45bn. (Thun Hoon, 04/07/16)
IVL
IVL confirms that Brexit will not affect its business. It expects 2Q16 to show continued growth, supported by more orders and booking profit from acquiring a business. (Kao Hoon, 04/07/16)
Comment: One of the few commodity related names to not yet have rebounded post “brexit”

 
LPH
LPH plans to acquire Deja Hospital in mid-July for Bt500-700mn. It expects 2016 profit to grow 100%, supported by cash and SSO customers. (Kao Hoon, 04/07/16)
Comment: The hospital consolidation game is going be a multi-decade trend in Thailand
 
LPN
LPN is starting 2H16 with the planned launch of six condominiums total value of Bt7bn. (Kao Hoon, 04/07/16)
Comment: Soft take up rates from their latest projects
 
MACO
MACO is confident that 2016 revenue will grow 15% from Bt721mn in 2015. It plans to acquire a business and set up a JV. It expects 2017 revenue to exceed Bt1bn. (Thun Hoon, 04/07/16)
MCS
MCS expects 2Q16 earnings to continue to grow. It expects to deliver no less than 16,000 tons. (Thun Hoon, 04/07/16)
Comment: It’s quite easy to see them average 1.5  baht / year for the next 3 years 
 
NWR
NWR expects to bid for a new job worth Bt66bn in 2H16. It is confident 2016 revenue will grow 15%. (Thun Hoon, 04/07/16)
PCA
PCA expects to get a new job of Bt100mn. A system installation job in Cambodia worth Bt15mn is expected to be confirmed in July. It expects 2Q16 earnings to turn to positive and FY2016 revenue and profit to hit target. (Thun Hoon, 04/07/16)
PS
PS is confident that 2016 presales will hit target of Bt51bn and expects 1H16 presales of Bt22bn. It plans to launch 28 new projects with a value of Bt30bn in 2H16. It plans to extend Pruksa Non Stop campaign to support sales. (Thun Hoon, 04/07/16)
RS
RS expects 2H16 earnings to recover, supported by health and beauty business and revenue from Channel 8. It expects to reverse Bt80mn expense to revenue. (Kao Hoon, 04/07/16)
TF
TF expects 2016 revenue and profit to be better than last year supported by branch expansion. It has an investment budget of Bt150mn to add two branches this year and targets 30 branches within five years. It plans to expand to Europe and America. (Kao Hoon, 04/07/16)
VGI
VGI expects 1QFY16 to hit target thanks to booking MACO revenue of 30-40%. It targets 2016 revenue growth of 10%, supported by overall economic improvement. (Kao Hoon, 04/07/16)
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