Tag Archives: acc

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 (acc, dcorp, delta, dtac, ifec, ilink, kkp, mc, ori, pace, sc, scc, smart, sr, super, syntec, tcmc, tks, tt, upa) 28.04.16

ACC
ACC expects to wipe out retained losses. It expects net profit to return to the black in 2016 after it expands its business to trading, property, and alternative energy business. It expects to pay a dividend this year on its turnaround. (Thun Hoon, 28/04/16)
Comment: A quick scan of the company shows that they have multiple holdings in alternative energy companies of ~5MW in total
 
DCORP
DCORP is looking for a partner to invest abroad. It expects a decision to be made in May. It targets project IRR above 15%. It expects to show net profit this year. It expects its solar cell power plant to operate in 2H16. (Thun Hoon, 28/04/16)
DELTA
DELTA expects 2Q16 earnings to turn around, backed by new products. It targets 2016 revenue to grow 10%. It plans to invest new plants overseas to increase its orders. (Khao Hoon, 28/04/16)
DTAC
DTAC will cooperate with 4DBOOK to launch 4DBOOK FREE application, offering books on line, for one year (April 27, 2016 – April 30, 2017) for DTAC Reward customers. It expects 200,000 subscribers this year. (Khao Hoon, 28/04/16)
IFEC
IFEC says Goldwin, a #1 windmill producer, is interested in investing with IWIND (10% stake) in order to expand to Asia. It expects the 10MW Pak Panang wind power plant to operate in 3Q16. It expects to take over a power plant company in Vietnam in May. (Khao Hoon, 28/04/16)

Continue reading Stocks in the news (acc, dcorp, delta, dtac, ifec, ilink, kkp, mc, ori, pace, sc, scc, smart, sr, super, syntec, tcmc, tks, tt, upa) 28.04.16

Stocks in the news (acc, aeonts, banpu, fsmart, hmpro, jutha, ktb, ktis, lst, max, ndr, npp, preb, sccc, spa, true, trc, vte) 14.03.16

ACC
ACC’s shareholders have approved 300mn share capital increase, at par Bt0.25 with warrant at a ratio of 4:1 and an exercise price of Bt1.25. It will use the funds for business expansion. It expects 2016 revenue to turn around on the back of alternative energy and property business. Its power plant business has already contributed revenue in Jan 2016. (Thun Hoon, 14/03/16)
Comment: Another odd (but new!) company that will somehow magically combine alternative energy and property development…

AEONTS
AEONTS plans to expand to 300,000 credit cards this year, focusing on young adults with a monthly income of over Bt30,000 of income. It expects to tighten extending credit to factories given the slowdown in export growth. (Khao Hoon, 14/03/16)

BANPU
BANPU’s board approved a capital increase of 2.582mn shares, at a ratio 2 old: 1 new at Bt5 with 1 warrant. It will use the funds to restructure its financing and lower debt from Bt12.9bn currently, in the process cutting D/E to 1.23X. (Thun Hoon, 14/03/16)

FSMART
FSMART expects 2016 revenue growth of 30%. It targets 90,000 Boon-Term Top-Up machines by the end of this year from 71,000 at the end of February. It plans to offer a new service, money transfers via Top-Up machines, in April and an e-wallet in mid-2016. (Khao Hoon, 14/03/16)
Comment: If the top line growth is this high, expect for bottom line to grow at 1.5x multiple…

Continue reading Stocks in the news (acc, aeonts, banpu, fsmart, hmpro, jutha, ktb, ktis, lst, max, ndr, npp, preb, sccc, spa, true, trc, vte) 14.03.16

Stocks in the news (acc, cpf, cwt, dcon, demco, epco, epg, fer, gpsc, gunkul, irpc, jmart, jwd, k, loxley, lpn, ocean, samtel, sena, tpch) 12.01.16

ACC
ACC plans to take over a 5.5MW solar farm, valued at Bt320mn. It expects this to contribute Bt33mn net profit/year. It plans to issue warrants at a ratio of 4 shares per warrant. Management says it plans to focus on alternative energy business. (Thun Hoon, 12/01/16)
Comment: Thats a fairly decent valuation given that IFEC just spent a (granted at the stupidest highest price any one has ever seen) 155 mn on 1 MW

CPF
CPF plans to focus on box lunches via CP Food World. It plans to open new branches, targets to become a food service provider. It plans to open five food courts and six catering facilities this year. (Khao Hoon, 12/01/16)

CWT
CWT got Bt300mn job and expects to sign the contract soon. This job increases its backlog to Bt1.5bn which covers revenue until 4Q16. It expects revenue growth of 25% this year aided by numerous orders and the baht weakening. (Thun Hoon, 12/01/16)

DCON
DCON is budgeting Bt300-400mn to buy land. It plans to increase sales at DCON prime project. It targets 2016 revenue of Bt1.2bn by expanding its customer base. It expects its orders to increase backed by public projects. (Thun Hoon, 12/01/16)
Comment: The stock price has returned to where it should be, perhaps when the next condominium project is launched shall we see another xmas tree shape in the stock price

Continue reading Stocks in the news (acc, cpf, cwt, dcon, demco, epco, epg, fer, gpsc, gunkul, irpc, jmart, jwd, k, loxley, lpn, ocean, samtel, sena, tpch) 12.01.16