Stocks in the news (auct, bafs, demco, dsgt, ecf, egco, ktb, nep, richy, seafco, simat, super, tsr, tta, vte) 05.09.16

AUCT expects to have good news soon. It expects 2H16 to be growth and expects 3Q16 to recovery due to car bidding is recovery; It had bid for a 30k car in 1H16. (Thun Hoon, 05/09/16)
BAFS expects 2016 revenue and profit to record a new high, as volume increases with the number of flights. It expects 2H16 to grow due to high season. (Kao Hoon, 05/09/16)
Comment: And with the continued expansion of the Airport this company is sitting pretty
DEMCO expects its business to pass bottom after the budget for repairing Huay Bong 2-3 has been settled. It expects 2H16 to be in the black. It is confident that 2016 revenue will reach its target of Bt6bn, growth of 10-15%, supported by more than Bt6.4bn in backlog waiting to be booked. (Kao Hoon, 05/09/16)
Comment: Should this issue pass, then the last issue will be with WEH potential IPO – if/when that will occur
DSGT expects 2016 revenue to be better than 2015’s revenue of Bt7.5bn, backed by customer expansion and expansion in Thailand and abroad. It plans to launch a big campaign to stimulate sales. (Thun Hoon, 05/09/16)
Comment: Just out at lunch time was the news that a PE firm has bid for THB 5.00/share for all of DSGT
ECF expects 2016 revenue growth 12-15% due to furniture business is recovery. It plans to negotiate with partner to invest in power plant in Thailand and abroad which expects to conclude in 3Q16. Recently, It signed MOU with AF to do a factoring loan to members and supplier. (Kao Hoon, 05/09/1 6)
EGCO expects 2016 operating profit to exceed Bt8bn, growth of over 5%, after reporting operating profit of Bt4.3bn in 1H16. It continues to expand electricity business in Thailand and abroad and expects capacity to reach 5,000MW by 2019. (Kao Hoon , 05/09/16)
KTB rejigs loan price formula. Krungthai Bank (KTB), the country’s largest state-owned bank by assets, has revised its pricing formula for government and state enterprise loans to be more competitive after significant falls over the past few years. (Bangkok Post, 05/09/16)

Continue reading Stocks in the news (auct, bafs, demco, dsgt, ecf, egco, ktb, nep, richy, seafco, simat, super, tsr, tta, vte) 05.09.16

Management Trades 29/08-02/09

Notable Transactions

Buy(s) THB 147 mn

  • AJ – Looks like a block trade between the family members
  • POMPUI – Will this Non performing name be relisted?

Sell(s) THB 139 mn

  • AJ – See above
  • TFG – Perhaps the best performing name this year due to a turnaround but even this Chairman/director thinks its done