Stocks in the news (age, aot, ba, bem, cpf, ea, gunkul, intuch, itel, jubile, kce, lph, ndr, ptt, sena, skr, thai, tpbi, tu, wiik) 15.08.16

AGE
AGE expects 2H16 to be good. It plans to do a marketing campaign in ASEAN. It is confident that 2016 sales will reach the target of 2.2mn tons. It reported 2Q16 net profit of Bt29mn, up 4% YoY and total revenue over Bt1bn. (Thun Hoon, 15/08/16)
AOT
AOT reported 3QFY16 profit of Bt5.06bn, growing 24% supported by a 20.62% growth in lowcost airline passengers and total passenger growth of 11.08%. It passed more than 90mn passengers through its gates in the nine months and profit was Bt15bn. (Kao Hoon, 15/08/16)
Comment: The bombing over the weekend isn’t going to help matters in the ST, but unless there are continued incidents in Thailand I doubt that there’ll be a permanent impact over the med-long term
 
BA
BA expects 2H16 to be better than 1H16 due to high season. It plans to open two new routes to increase Chinese passengers. It has budgeted Bt1bn to expand Samui Airport to support 6mn passengers per year. It reported 1H16 earnings of Bt1.46bn or growth of 12.5%. (Thun Hoon, 15/0 8/16)
BEM
BEM reported 1H16 earnings growth of 12.3% to over Bt1.2bn and expects 2H16 to continue to grow. It will bid for a new job and plans to list its subsidiary soon. (Thun Hoon, 15/08/16)
CPF
CPF reported 2Q16 net profit of Bt4.02bn or growth of 35%, with 1H16 net profit of Bt7.78bn supported by more sales, both domestic and export. It will pay an interim dividend of Bt0.50/share, XD on Aug 23. (Kao Hoon, 15/08/16)
EA
EA reported 2Q16 net profit of Bt992mn or growth of 33%, due to booking revenue from its solar farm in Phitsanulok. It will COD 126MW a wind power plant at the end of this year. (Kao Hoon, 15/08/16)
GUNKUL
GUNKUL reported 1H16 net profit of Bt315.94mn, up 42.62% from Bt221.53mn in 1H15. It expects demand to increase and will continue to expand business to support earnings growth. (Thun Hoon, 15/08/16)
Comment: Similar to most renewable players, GUNKUL’s growth is relatively straightfwd to forecast for the next few years. The jumps in revenues will come from new projects

INTUCH
INTUCH booked extra item from IVT (from a reversal of provisions for a court case) of Bt3.69bn, leading to a profit of Bt7.72bn or growth of 89%. It will pay a dividend of Bt2.13/share. Management expects revenue of at least Bt29bn in 2016 and expects ADVANC to generate revenue after it began to push 4G. (Thun Hoon, 15/08/16)
ITEL
ITEL reported 1H16 net profit of Bt35.87mn, up 150%. It is confident that 2H16 will continue good backed by revenue from network service, data center and network installation. (Kao Hoon, 15/08/16)
Comment: This sub from ILINK will, just like every other small name that IPOs in Thailand, have an amazing first day
 
JUBILE
JUBILE expects 2H16 earnings to be good. It plans to do a marketing campaign to support sales in 4Q16. It targets 2016 revenue growth of 10-15% and reported 1H16 revenue of Bt672mn. It will pay a dividend of Bt0.25/share, payment on Sep 6. (Thun Hoon, 15/08/16)
Comment: If JUBILE’s SSSG are strongly positive then you know women are buying and then you know the economy is recovering. 
KCE
KCE reported 2Q16 of Bt811mn or growth of 65% YoY backed by more orders. It will pay a dividend of Bt1/share, XD on Aug 19. (Kao Hoon, 15/08/16)
LPH
LPH reported 2Q16 profit growth of 122% on revenue of Bt331mn. It plans to invest in rehabilitation and care for the elderly with a project budget of Bt200mn. (Kao Hoon, 15/08/16)
NDR
NDR reported 2Q16 net profit of Bt17.87mn, up 227% QoQ supported by better sales in India, domestic market recovery and good response to a new product. It is confident that 2016 revenue will grow 25%. (Thun Hoon, 15/08/16)
PTT
PTT will report earnings today. It expects 2Q16 net profit of Bt28bn or growth of 20% YoY supported by gas business and full operations of GSP. It expects 1H16 net profit of more than Bt52bn. (Kao Hoon, 15/08/16)
SENA
SENA reported 1H16 profit of Bt555mn or up 400% YoY. It is confident that sales will hit target of Bt4.5bn supported by a new project. It will pay an interim dividend of Bt0.19463/share. (Thun Hoon, 15/08/16)
Comment: And boom that’s going to boost sentiment in the name.
 
SKR
The board approved the takeover of Sikarinhadyai Hospital via swapping of 25mn SHH shares at a price of Bt59. It will increase capital by 6mn shares and offer rights of  20 old shares to 1 new share priced at Bt25. The funds will be used to support business expansion and increase competitiveness. (Thun Hoon, 15/08/16)
THAI
THAI expects 2016 earnings turn to positive supported by a higher cabin factor and stable oil price. It maintains its 2016 target revenue of Bt190bn. (Thun Hoon, 15/08/16)
Comment: I still don’t like their cashflows! But what can I say when a stock price has gone up 3x this year…
TPBI
TPBI reported 1H16 profit of Bt191mn supported by more orders and cost reduction. (Kao Hoon, 15/08/16)
TU
TU expects 2H16 earnings to be good. It expects more orders from the US and EU after the US raised Thailand up to Tier2 in its TIPS report. It expects 2016 sales growth of 15-20% and plans to acquire a business abroad. (Thun Hoon, 15/08/16)
WIIK
WIIK reported 2Q16 profit of Bt38mn or growth of 90% YoY due to more orders and backlog in hand. (Kao Hoon, 15/08/16)
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