ADVANC has budgeted Bt2bn to upgrade 4G client services. It targets expanding to 121 branches by the end of 2016. (Kao Hoon, 29/03/16)
AJD work with Alibaba to service Alibaba members in Thailand. It sets member target at 5,000 members or revenue of Bt250mn in 2016. (Thun Hoon, 29/03/16)
ARROW expects 2016 profit to be a new high. It is confident that revenue will reach Bt1.4bn. It expects 1Q16 earnings to be good supported by more sales, its backlog of Bt250mn and bids for government jobs. (Kao Hoon, 29/03/16)
Comment: And they continue and continue to grow and grow, at what point do they need to increase capacity to maintain this path?
BRR expects revenue and profit in 2016 to grow, driven by rising in sugar price. It expects to get 2.2mn tons of sugar cane and book full-year revenue from its biomass power plant. It expects to increase power plant revenue to 20%. (Kao Hoon, 29/03/16)
Comment: Sugar prices have rebounded from 10 to ~14 now so would 1Q-2Q should begin to look decent for all the sugar names in Thailand compared to last year.
AIS asked to review plan to use Jas spectrum for its 2G customers — THE NATIONAL Broadcasting and Telecommunications Commission (NBTC) yesterday asked Advanced Info Service (AIS)to review its plan to protect its 2G subscribers in the part related to Jas Mobile Broadband (JASMBB),citing that the existing plan could not be allowed. (The Nation, 10/3/16) AIS turns down True’s ‘hefty’ B450m payment call for 2G – Advanced Info Service (AIS) has rejected a proposal made by True Corporation for the company to pay what it terms a hefty spectrum fee payment in exchange for retaining its 2G customers on the 900-megahertz network for three months. (Bangkok Post, 10/3/16)
Comment: Again as stated yesterday, ADVANC does already have the deal with DTAC and they don’t need to partner w/ TRUE, especially at this silly high monthly rate
AH sets 2016 revenue target growth 5% supported by recovery in the automotive industry. It plans to control costs and launch new products to bring 2016 net margin to above 2%. It has budgeted Bt400mn for investment. (Kao Hoon, 10/03/16)
Comment: I don’t remember the last time that this company actually met their targets
AJD and Alibaba will hold a press conference at the end of March. AJD is to partner with Alibaba as a reseller in Thailand. It targets 50,000 customers with revenue of Bt250mn in the first year. It expects to book profit from sales of its online top-up machine. (Kao Hoon, 10/03/16)
BKD ready to increase domestic and foreigner investment portion to enhance its image. It expects to get a job worth Bt3bn. It expects to get more than Bt300mn from the exercise of BKDW1. (Kao Hoon, 10/03/16)
CK gets a new job worth more than Bt2.1bn after CKP’s board approved CK Laos to construct a substation. (Kao Hoon, 10/03/16)
Comment: With the government now saying they’ll fast track everything, all contractors are shooting upwards.
ANAN targets 2016 revenue of Bt14.5-15.5bn (43% growth) backed by Bt38bn backlog. It targets sales of Bt21.5-22.5bn with 32% gross margin. It is confident 2015 revenue will reach target of Bt10-11bn. It plans to launch ten projects, valued at Bt22-23bn, next year. (Thun Hoon, 18/12/15)
Comment: Perhaps one of the few property companies still growing in Thailand
AJD expects 4Q15 earnings to be good backed by Top-Up machines. It plans to add 50,000 ToUp machines next year. (Thun Hoon, 18/12/15)
Comment: Follow this name at your own risk.
ASEFA expects orders to surge from mega projects and growth in data centers. (Thun Hoon, 18/12/15)
BCP is budgeting Bt3bn to expand its oil retail business in 2016. It plans to open 60 gas stations and also focus on non-oil business for sustainable growth. (Khao Hoon, 18/12/15)
CRANE expects performance to turn around next year backed by demand. It expects 2015 revenue to achieve its target. It is talking to a prospective partner to invest abroad. (Thun Hoon, 18/12/15)
Comment: It has consistently been an undervalued stock despite the fact that core business has always done ok.