Tag Archives: abc

Stocks in the news (abc, anan, ap, asn, fn, hydro, jas, kbs, nch, pimo, spa, tacc, thai, vng, wice, xo) 26.09.16

ABC
ABC had presales of 30% or more than 10 units in ABOVE Sukhumvit 39 project worth Bt2.5bn. It expects presales to reach 70-80% this year and revenue to reach target of Bt2bn. It expects to turn to a profit and write off retained loss of Bt159mn this year. (Kao Hoon, 26/09/16)
Comment: Not really amazing numbers from this rather odd company
 
ANAN
ANAN expects good revenue in 2H16, supported by five new condos ready to be transferred with a total value of Bt14bn. It has backlog of Bt38.5bn and expects to book Bt11bn in 2H16. (Kao Hoon, 26/09/16)
Comment: If thats the case then 2016 revenues will be THB 16 bn, an increase from THB 11 bn in 2015. 
 
AP
AP expects 2H16 revenue to grow supported by backlog of Bt15.78bn. It will book Bt10.56bn over the rest of the year. This will lift revenue to its target of Bt23.7bn with presales of Bt31bn. (Kao Hoon, 26/09/16)
Comment: Similar to ANAN above, growing via JV’s with Japanese partners.
 
ASN
ASN expects 4Q16 to be peak due to high season and starting an online business in October. It expects 2016 revenue growth of 20-25% from Bt900mn in 2015. ( Thun Hoon, 26/09/16)
FN
FN plans an IPO of 250mn shares at par Bt0.50. It expects to add four branches at a cost of Bt500mn. (T hun Hoon, 26/09/16)
HYDRO
HYDRO expects to turn around next year as it has gotten a new job with a margin of at least 10%. It plans to bid for 44 new projects worth Bt6bn and has already gotten five. It has backlog of Bt690mn and is confident that 2016 revenue will grow 10% from last year. (Thun Hoon, 26/09/16)
Comment: Ah this lovely story, water company, should’ve been a winner but they haven’t executed anything since going public.

Continue reading Stocks in the news (abc, anan, ap, asn, fn, hydro, jas, kbs, nch, pimo, spa, tacc, thai, vng, wice, xo) 26.09.16

Stocks in the news (abc, ah, aot, asefa, ck, cpn, dcon, delta, ecl, gunkul, ifec, irpc, itd, loxley, phol, pps, tpch) 26.08.16

ABC
ABC is ready to start presales of ABOVE Sukhumvit 39 condo. It expects presales to reach 70-80%. It expects to wipe out its retained losses this year. (Thun Hoon, 26/08/16)
Comment: Argh….I’m bored of reading news about this company
AH
AH maintains 2016 revenue growth target at 5%, aligning with the auto industry. It expects 2H16 revenue to be better than 1H16 on the back of large orders. Its investment budget is Bt300400mn. It targets net margin to reach 10% in 2020. (Khao Hoon, 26/08/16)
Comment: With the reduced number of shares from their buybacks, a slight improvement in performance, could this company, for the first time in … a decade be the best performer out of all the automotive manufacturers?
AOT
AOT is budgeting Bt190bn to invest in six airports. It expects four contracts for Suvarnabhumi phase 2 to put up for bid by 2016. (Thun Hoon, 26/08/16)
Comment: Wow. If this really does happen could AOT hit 1,000? I wouldn’t bet against it.
 
ASEFA
ASEFA expects 2H16 performance to be good on seasonality. Its backlog is Bt1.82bn, of which it expects to book 60-65% this year. It plans to take part in Bt2.5bn bids and to get Bt700mn of this, which will raise backlog to Bt2bn. It targets 2016 revenue to rise 20%. (Khao Hoon, 26/08/16)
CK
CK revised up 2016 revenue target to Bt480bn from Bt38bn, backed by Bt80bn backlog, with project transfers expected soon. It plans to take part in Bt35bn in bids and to get the Bt25bn MRT Blue Line extension this year . (Khao Hoon, 26/08/16)
Comment: I wonder how the news decided THB 480 bn in revenue was possible?
CPN
CPN is budgeting Bt60bn to invest in five new department stores and to renovate five others. It targets 34 stores within 2018. It plans to expand to Vietnam and Indonesia. It targets 2016 revenue to grow 15%. (Khao Hoon, 26/08/16)
Comment: Watch them open a mall in Vietnam and Malaysia. 
 
DCON
DCON expects 3Q16 earnings to be good aided by numerous orders. It targets 2016 revenue to reach Bt1.1bn brought by transfers. It expects an extra gain of Bt105mn from selling land at Lopburi, booked in 2017 . (Thun Hoon, 26/08/16)
DELTA
DELTA plans to focus on ASEAN market because of higher demand. It plans for the ASEAN market to contribute 10% revenue. It also plans to focus on India. It plans to invest in an R&D center, with revenue from this in 2017. (Thun Hoon, 26/08/16)

Continue reading Stocks in the news (abc, ah, aot, asefa, ck, cpn, dcon, delta, ecl, gunkul, ifec, irpc, itd, loxley, phol, pps, tpch) 26.08.16

Stocks in the news (abc, aqua, atp30, banpu, chow, ck, color, cwt, ekh, epco, jsp, jwd, htc, ktc, max, ncl, sappe, solar, sr, tk, tkn, tsth, uac) 17.08.16

ABC
ABC is confident that 2016 will turn around and targets 2016 revenue of Bt2bn. It plans to launch Above Sukhumvit 39 project on Sep 9 and hold a grand opening for ABC World on Dec 12. (Kao Hoon, 17/08/16)
Comment: Will this condominium be sold via their online channels with pet stores and solar panels?
 
AQUA
AQUA reported 2Q16 profit of Bt92mn or growth of 38% YoY and 1H16 profit of Bt172mn. (Kao Hoon, 17/08/16)
ATP30
ATP30 expects to get Bt500mn in projects, with finalization in August. It expects this to increase revenue by 30%. It targets 2016 revenue to grow 15% to Bt300mn supported by large orders and cost control. (Thun Hoon, 17/08/16)
BANPU
BANPU has set its five year investment plan at US$557mn, with a focus on the power business. It expects net profit to return to the black this year with an EBITDA of US$500mn. It plans to implement cost control as well as improve production and logistics efficiency. It expects coal price to be better in 2H16 and for the coal business to contribute revenue of US$2.2bn. (Thun Hoon, 17/08/16)
CHOW
CHOW reported significant earnings growth in 1H16 backed by recovery in the steel industry and its Japan power plant. It expects 2016 revenue to be good brought by steel business and power business, of which 80MW is being constructed. (Thun Hoon, 17/08/16)

Continue reading Stocks in the news (abc, aqua, atp30, banpu, chow, ck, color, cwt, ekh, epco, jsp, jwd, htc, ktc, max, ncl, sappe, solar, sr, tk, tkn, tsth, uac) 17.08.16

Stocks in the news (abc, age, aot, banpu, bbl, ck, gift, kbank, kce, pap, ptg, sena, sgp, super, vng, thana, tpbi, tvo) 24.06.16

ABC
ABC targets 2016 revenue of Bt2bn. It plans to wipe out retained losses by launching Above Sukhumvit 39 in 3Q16. It plans to launch ABC Pet World in 4Q16 if its board approves on June 29. (Thun Hoon, 24/06/16)
Comment: Anybody else understand the business model of this company?
 
AGE
AGE expects to take part in 36MW PPA and expects to be a winner. Its cash on hand is Bt600mn which it believes will be enough for investment. It expects 2Q16 earnings to be good thanks to cost control. It expects 2016 revenue and net profit to grow, boosted by Bt300mn from its services business. It expects exports to comprise 50%. (Khao Hoon, 24/06/16)
Comment: It’s likely to be a JV should they win a 36 MW PPA 
 
AOT
AOT reports passengers of 81mn in the first 8 months of its fiscal year (ending Sep), up 12.43%. Flights rose 10% to 519,140. (Khao Hoon, 24/06/16)
BANPU
BANPU expects to benefit from higher coal imports in China, which rose 62.2% in May 2016 compared to May 2015. (Thun Hoon, 24/06/16)
Comment: Could this be Thai Airways part 2 in terms of stock price movement?
 
BBL
BBL targets 2016 loan growth of 3-4%. It expects 2Q16 earnings to move with the economy and government stimulus measures. (Khao Hoon, 24/06/16) BIG BIG says it has risen to a 55% market share driven by expansion. It expects the industry to recover. It expects net profit to grow 71% this year and 12% next year. (Thun Hoon, 24/06/16)

Continue reading Stocks in the news (abc, age, aot, banpu, bbl, ck, gift, kbank, kce, pap, ptg, sena, sgp, super, vng, thana, tpbi, tvo) 24.06.16

Stocks in the news (abc, acc, advanc, ajd, anan, ci, delta, global, grand, moong, nwr, ori, thai) 17.06.16

ABC
ABC plans to launch ABOVE Sukhumvit 39 condo, valued at Bt2.5bn. It expects to open for presales in 3Q16, with prices starting at Bt150,000/sqm. It expects sales to reach 60-70% this year. (Thun Hoon, 17/06/16)
ACC
ACC acquired a 5.5MW solar farm in Saraburi, valued at Bt290mn. It expects this to boost its 2Q16 earnings and full year 2016. It says it plans to invest more in order to increase its revenue. (Thun Hoon, 17/06/16)
ADVANC
ADVANC has introduced the prepaid “Zeed SIM 4G YouTube” package to tap teenagers who are heavy data users and has targeted 1.5mn new users with this new package this year. (The Nation, 17/06/16)
Comment: 2Q #’s will be interesting for all players in the industry
 
AJD
AJD expects 2016 revenue to grow more than 15% from last year’s Bt1.76bn on the back of E-commerce and top-up machines. It expects 2Q16 net profit to be better than 1Q16 aided by a bigger customer base. It has signed a contract with KTB that will expand its business. It expects a logistics deal to be concluded in 3Q16. (Thun Hoon, 17/06/16)
Comment: I still don’t believe it yet.
 
ANAN
ANAN expects 2Q16 earnings to be good with sales of at least of Bt3.43bn. It expects revenue of Bt2bn. It expects 2016 revenue to reach target backed by Bt38bn transfers. It plans to launch new projects in 2H16. It is budgeting Bt8.7bn to acquire land. (Thun Hoon, 17/06/16)
Comment: Apparently construction time has now decreased to 12-14 months depending upon the size of a project

Continue reading Stocks in the news (abc, acc, advanc, ajd, anan, ci, delta, global, grand, moong, nwr, ori, thai) 17.06.16

Stocks in the news (abc, advanc, ask, bec, big, cnt, ea, gold, gunkul, ktc, oto, ps, pstc, pt, ptt, sf, trc, uac) 16.03.16

ABC
ABC expects net profit to be back in the black this year. It expects to launch ABC Residence and ABC Pet World projects, valued at Bt7.5bn, in 3Q16. It plans to wipe out all retained losses this year. (Khao Hoon, 16/03/16)
Comment: I’m beginning to be very bored of the newsflow from this company….

ADVANC ‘Respite’ for AIS’s 400,000 2G users facing cut-off – The Central Administrative Court decided to allow AIS extend the signals for 2G SIM cards on the 900 MHz network until March 21. The signals were due to be switched off at midnight yesterday The court’s decision follows a request by ADVANC for an order to force the NBTC to extend the period for 2G customer retention and ensure service continuity as stipulated in rules set out by the National Broadcasting and Telecommunications Commission (NBTC). (Bangkok Post, 16/03/16)
Comment: Now the question is what will happen to that license if JAS doesn’t pay up?

ASK
ASK expects 2016 loan growth of 15% backed by higher truck demand for government projects and stimulus measures. It expects to benefit from AEC. It plans to expand its customer base. (Thun Hoon, 16/03/16)
Comment: While still paying a decent dividend.

BEC
BEC has high hopes of sports programmes shoring up TV ratings and advertising revenue on top of top-rated dramas this year after the news-show category experienced a slowdown due to intense competition and the impact from the departure of famous TV host Sorrayuth Suthassanachinda. (The Nation, 16/03/16)
Comment: People slightly misunderstand what is happening with BEC, everyone says that they are losing a fortune but in reality they are still the leading player in the media business, but because of increased supply in the industry their ASP’s have dropped.

BIG
BIG expects 1Q16 earnings to be good with net profit of Bt160mn (120% growth) thanks to camera sales. It expects its market share to increase to 63% this year. (Khao Hoon, 16/03/16)
Comment: Much to our surprise, the stock has been on a tear for the past few months

CNT
CNT expects 2016 net profit to grow backed by higher revenue from condominium projects. (Khao Hoon, 16/03/16)

Continue reading Stocks in the news (abc, advanc, ask, bec, big, cnt, ea, gold, gunkul, ktc, oto, ps, pstc, pt, ptt, sf, trc, uac) 16.03.16

Stocks in the news (abc, ait, bsm, drt, lhbank, sf, smpc, sprc, tasco, tipco, tsr) 18.02.16

ABC
Asset Bright is expanding its business. It is preparing to open “ABC Pet World”, the biggest pet shopping center in Thailand, hopefully in 3Q16. It sees the pet market as valuated at Bt20bn with annual growth of 10-15%. (Khao Hoon, 18/2/16)
Comment: Perhaps instead of me mocking ABC continuously I should be supportive of these entrepreneurial projects that the company is undertaking from solar, to condominiums, to hotels, to internet services and now a Pet world…

AIT
AIT reported net profit of Bt532.5mn in 2015. The decrease in net profit is due to customers delaying their investment in IT. The board has approved a dividend of Bt1.5 on 2H15. It targets revenue growth of 10% supported by ICT industry recovery. (Khao Hoon, 18/2/16)
Comment: The whole industry suffered last year, mainly b/c of the lack of action by the government.

BSM
BSM negotiating with partner to invest in a new big project. The progress in the JV with a partner in Australia will be clear in 2Q16. It expects revenue in 2016 of Bt700mn supported by exports. (Thun Hoon, 18/2/16)
Comment: I have always liked this company but never cared for its valuation…

DRT
DRT sets revenue target at Bt4.2bn or growth of 5% in 2016 supported by exports. It plans to increase revenue in CLMV+I. The company plans to sell its products to property developers in Myanmar and Cambodia. (Khao Hoon, 18/2/16)
Comment: I still have doubts on their ability to grow, a value trap potentially if one isn’t careful..

Continue reading Stocks in the news (abc, ait, bsm, drt, lhbank, sf, smpc, sprc, tasco, tipco, tsr) 18.02.16

Stocks in the news (aav, abc, advanc, arip, delta, epco, epg, gpsc, kkp, lpn, rml, s, scn, scp, thcom, thl, tnp, trc) 12.02.16

AAV
AAV benefits from lower oil prices. It plans to open routes to Luang Prabang and Vientiane in 2Q16. (Khao Hoon, 12/2/16)
Comment: Similar to what was said before, AAV should dominate this entire region for LCC’s regardless of market events.
ABC
ABC expects to turn around this year. It plans to open a luxury condominium with units priced at Bt2.5mn. (Khao Hoon, 12/2/16)
ADVANC
ADVANC plans to invest Bt40mn to expand 3G-4G to cover Thailand. It expects to get 10mn 4G users. (Khao Hoon, 12/2/16)
Comment: Needless to say its going to be an interesting year for this sector. 
ARIP
ARIP plans to focus on digital marketing. It targets 2016 revenue of Bt300mn. (Khao Hoon, 12/2/16)

Continue reading Stocks in the news (aav, abc, advanc, arip, delta, epco, epg, gpsc, kkp, lpn, rml, s, scn, scp, thcom, thl, tnp, trc) 12.02.16

Stocks in the news (aav, abc, apco, ccn, gpsc, jsp, kc, psl, smart, stanly, super, tog, tpch, tpoly, tndt, ttw) 09.02.16

AAV
AAV expects 2016 net profit to be over Bt1bn driven by 16.9mn passengers and an 82% cabin factor. It expects to get five A320 planes this year, with a goal of 70 airplanes in 2020. It expects to open new routes in CLMV, beginning with Luang Prabang. (Thun Hoon, 09/02/16)
Comment: There is no real competition for AAV, I like to now saw Emirates control’s the mid-high end customers, AAV controls budget.

ABC
ABC plans to launch ABC Residence Sukhumvit 39, valued at Bt2.5bn. The selling prices will start at Bt170,000/sqm. It expects to do presales in March. (Khao Hoon, 09/02/16)
Comment: Will this condo be launched w/ solar power and IT Solutions?

APCO
APCO targets 2016 sales growth of 10% to achieve revenue of Bt450mn by focusing on providing BIM products to local customers. It is looking for a partner in Singapore to build MLM in Singapore, Malaysia, and Indonesia. (Khao Hoon, 09/02/16)
Comment: I hate MLM companies, there said I it

CCN
CCN expects 2016 net profit to mark a record high backed by the setup of 4G networks. It expects this to contribute 50% of total revenue in 2016 from last year’s 5%. It expects 2016 revenue to grow 20% aided by Bt70mn backlog. It expects to get a Bt200mn mega project which is expected to be concluded by 1Q16. (Thun Hoon, 09/02/16)

GPSC
GPSC plans to operate 65MW hydroelectricity in Laos with startup in 2017; construction has reached 35% completion. (Thun Hoon, 09/02/16)

Continue reading Stocks in the news (aav, abc, apco, ccn, gpsc, jsp, kc, psl, smart, stanly, super, tog, tpch, tpoly, tndt, ttw) 09.02.16

Stocks in the news (abc, asian, bts, epg, genco, hft ,kiat, ktis, lalin, lhbank, ori, polar, spali, spvi, svi, tmc, tks, world) 19.01.16

ABC
ABC has signed an MoU to rent a commercial building. It plans to use this area as an integrated services animal hospital. It plans to launch a Bt2.5bn condo on Sukhumvit 39. (Khao Hoon, 19/01/16)
Comment: Whenever I’m reading news about this company my head begins to cock to the side like a dog when it sees something confusing. IT to e-commerce to renewables to property to animal hospitals. YES! I can see the differentiating factor here so very clearly, they will launch an animal hospital (commercial) where pet’s owners can stay next door (residential), pay everything online via an ecommerce system (IT/ecommerce), where the neutering operations will be solar powered! Booyah!

ASIAN
ASIAN expects 2015 sales of Bt8bn with Bt60-200mn net profit after it has revised its business strategy. It is looking for a partner. (Khao Hoon, 19/01/16)

BTS
BTS is budgeting Bt140bn to support the operational management and investment in five MRT routes covering 114.4km. It expects this to be put up for bid by 1Q16. It estimates ridership of 1mn/day. (Thun Hoon, 19/01/16)
Comment: We do wonder aloud what will happen to the stock price when the dividend disappears…

EPG
EPG expects 3QFY16 earnings to grow 100% from 3QFY15’s Bt148.05mn thanks to the baht depreciation. It expects a net profit margin of 15% on lower oil prices. (Thun Hoon, 19/01/16)
Comment: Commence head banging against the wall, saw them at THB 9/share and could never really get my head around the company’s potential.

Continue reading Stocks in the news (abc, asian, bts, epg, genco, hft ,kiat, ktis, lalin, lhbank, ori, polar, spali, spvi, svi, tmc, tks, world) 19.01.16