Tag Archives: akr

Stocks in the news (a, akr, ama, banpu, bbl, bdms, erw, fsmart, genco, ilink, irpc, kcm, phol, pstc, sat, sci, snc, vng, wha) 29.08.16

A
A plans to open new projects worth Bt6bn to bring its backlog to Bt1bn. It expects 2016 revenue to grow 30% from Bt4.45bn last year, supported by more transfers. (Thun Hoon, 29/08/16)
Comment: One of the most stable stock price charts I have ever seen
 
AKR
AKR expects 3Q16 to turn to profit after booking backlog. It expects to bid for a new job in Thailand in 2H16. It targets 2016 revenue of Bt2.5bn and plans to do a JV with in Indonesia and Vietnam with local partners for power plants abroad. (Thun Hoon, 29/08/16)
AMA
AMA has filed for an IPO with the SEC of 108mn shares. It expects to expand its fleet and vehicles to allow it to get in on potential in Thailand and abroad. (Kao Hoon, 29/08/16)
Comment: No idea who this is, but looking forward to seeing another first day bounce
 
BANPU
BANPU is preparing to increase capital of Banpu Power or BPP to shareholders at a ratio 18-25 BANPU shares to 1 BPP share. It will pay an interim dividend of Bt0.25/share, XD on Sep 8. (Kao Hoon, 29/08/16)
Comment: Another capital increase. Getting ready for the listing of BPP in the near future perhaps. 
 
BBL
BBL will pay an interim dividend of Bt2/share, payment on Sep 23. (Kao Hoon, 29/08/16)
BDMS
BDMS expects 3Q16 to be outstanding due to high season and more customers. It expects 2016 profit to reach Bt9bn, growth of 15%. It plans to expand to 50 hospitals within 2-3 years. (Kao Hoon, 29/08/16)

Continue reading Stocks in the news (a, akr, ama, banpu, bbl, bdms, erw, fsmart, genco, ilink, irpc, kcm, phol, pstc, sat, sci, snc, vng, wha) 29.08.16

Stocks in the news (acap, akr, bkd, chg, gold, ivl, lit, lph, oishi, ppp, siri, spa, tfg, tipco, uac) 25.07.16

ACAP
ACAP plans to expand to Cambodia and Myanmar via subsidiary “Capital OK” and expects to conclude the deals this year. It targets loans to reach Bt3bn after reported 1H16 loans of Bt2.1bn. It plans to issue a new debenture worth Bt600mn in 4Q16. It expects to list a subsidiary on the SET. (Thun Hoon, 25/07/16)
Comment: It isn’t unimagineable to see Thai financial co’s to gain strong market share in Laos and Cambodia, Myanmar however, could be a tougher nut to crack
 
AKR
AKR expects 2016 revenue growth of 25% supported by outstanding 2H16 earnings. It expects 2016 earnings to be expanded by government projects such as mass transit lines, SEZ and property that will support demand. (Thun Hoon, 25/07/16)
BKD
BKD expects 2H16 to be good. It plans to bid for 2-3 new jobs worth Bt3bn, of which it expects to get Bt1.5bn. It has backlog of more than Bt1.7bn and expects to book this in 3Q16. (Khao Hoon, 25/07/16)
CHG
CHG spent Bt600mn to invest in Ruamphat Chacherngsao Hospital. Construction will begin this September and it will open in 2018. (Khao Hoon, 25/07/16)
GOLD
GOLD expects to report good earnings in 2Q16 in mid-August. Its presales hit Bt8.5bn for the first half of the year with Bt3bn backlog. (Khao Hoon, 25/07/16)
Comment: The story for this company is rather well covered, residential property sales with some offices and a REIT.
 
IVL
IVL expects 2Q16 net profit to reach Bt2.5bn driven by higher sales and higher spread between PTA and PET. (Thun Hoon, 25/07/16)
Comment: And another revaluation of an acquisition ?
 
LIT
LIT expects 2H16 earnings to be good from seasonality in 3Q16. It expects revenue, net profit, and loan portfolio to grow not less than 30%. It expects 2016 performance to mark a record high. (Thun Hoon, 25/07/16)

Continue reading Stocks in the news (acap, akr, bkd, chg, gold, ivl, lit, lph, oishi, ppp, siri, spa, tfg, tipco, uac) 25.07.16

Stocks in the news (akr, chg, dcon, ndr, oishi, siri, tpoly, true, tu, tvt) 06.07.16

AKR
AKR is bidding for government transformer jobs worth Bt3bn and expects to get 10-15%. It expects to get solar job from EPC worth more than Bt400mn. This will support 2016 revenue to reach Bt2.5bn. It plans to expand to Indonesia and Vietnam. (Thun Hoon, 06/07/16)
CHG
CHG expects 2H16 earnings to double supported by high season in 3Q16. It is confident that occupancy rate will be 70-80%. (Thun Hoon, 06/07/16)
DCON
DCON expects good earnings in 1H16 supported by more orders. It is confident that 2016 revenue will hit target of Bt1.1bn supported by construction recovery and more demand. (Thun Hoon, 06/07/16)
Comment: Is there a round 2 coming for DCON? I haven’t looked at the name properly since ’13 but if my memory is correct unless they are doing another property project there won’t be another jump in earnings.
 
NDR
NDR got orders from India worth Bt170mn. It expects 2H16 earnings to continue to grow and expects revenue to reach Bt1bn. (Thun Hoon, 06/07/16)

Continue reading Stocks in the news (akr, chg, dcon, ndr, oishi, siri, tpoly, true, tu, tvt) 06.07.16

Stocks in the news (akr, global, gpsc, ifec, jubile, lhbank, perm, pb, ps, rs, tacc, tmc, tpch, tu, upa) 30.03.16

AKR
AKR expects 2016 revenue to grow not less than 50% aided by public projects. It plans to cooperate with agricultural cooperatives to take part in government unit solar farm in April. It expects to get electricity transformer orders in May. It expects to take part in Bt6bn bids. Investors in Singapore and China are interesting to invest in solar farm if government allows doing. (Thun Hoon, 30/03/16)

GLOBAL
GLOBAL expects 1H16 earnings to be good on high season. It expects 2016 revenue to grow 10-15% from 2014’s Bt17.4bn. It is budgeting Bt2bn to open 8 stores. (Thun Hoon, 30/03/16)
Comment: I still don’t see GLOBAL’s business performing well until there is far more infrastructure investments throughout the country and plus they still have one of the worst CF’s in the retail business in Thailand

GPSC
GPSC expects 1Q16 earnings to be good on the back of IRPC Clean Power. It plans to start up the 123MW Nava Nakorn power plant in 2Q16. It targets 1,400MW capacity at the end of 2016. (Khao Hoon, 30/03/16)

IFEC
IFEC expects to get a 100MW Japanese solar farm in 2Q16 after signing a letter of intent with a Japanese partner. It expects Dhara Dhevi to exit rehabilitation plan in 2Q16. (Thun Hoon, 30/03/16)
Comment: Another random LOI? How about some action instead IFEC.,

JUBILE
JUBILE expects 1Q16 earnings to be good driven by Forevermark. It targets revenue to grow 10-15% with 40% profit margin. (Thun Hoon, 30/03/16)
Comment: This company has been experiencing growing pains, they expanded stores tremendously in the past 6 years and then in the first 3-4 years had a decent SSSG until the last few years where they have struggled. If you believe the consumer is going to start spending $ that they don’t have they JUBILE may be one of your best bets.

Continue reading Stocks in the news (akr, global, gpsc, ifec, jubile, lhbank, perm, pb, ps, rs, tacc, tmc, tpch, tu, upa) 30.03.16

Stocks in the news (akr, global, gpsc, ifec, jubile, lhbank, perm, pb, ps, rs, tacc, tmc, tpch, tu, upa) 30.03.16

AKR
AKR expects 2016 revenue to grow not less than 50% aided by public projects. It plans to cooperate with agricultural cooperatives to take part in government unit solar farm in April. It expects to get electricity transformer orders in May. It expects to take part in Bt6bn bids. Investors in Singapore and China are interesting to invest in solar farm if government allows doing. (Thun Hoon, 30/03/16)

GLOBAL
GLOBAL expects 1H16 earnings to be good on high season. It expects 2016 revenue to grow 10-15% from 2014’s Bt17.4bn. It is budgeting Bt2bn to open 8 stores. (Thun Hoon, 30/03/16)
Comment: And the stock price had a positive move after management stepped down after being caught for insider trading

GPSC
GPSC expects 1Q16 earnings to be good on the back of IRPC Clean Power. It plans to start up the 123MW Nava Nakorn power plant in 2Q16. It targets 1,400MW capacity at the end of 2016. (Khao Hoon, 30/03/16)

IFEC
IFEC expects to get a 100MW Japanese solar farm in 2Q16 after signing a letter of intent with a Japanese partner. It expects Dhara Dhevi to exit rehabilitation plan in 2Q16. (Thun Hoon, 30/03/16)
Comment: I’ve seen them announce a million LOI’s…

Continue reading Stocks in the news (akr, global, gpsc, ifec, jubile, lhbank, perm, pb, ps, rs, tacc, tmc, tpch, tu, upa) 30.03.16

Stocks in the news (advanc, akr, dcorp, gold, ifec, jas, ldc, oishi, sc, smt, spali, spcg, sprc, tsr) 08.03.16

ADVANC
ADVANC has budgeted Bt7bn to expand to fixed broadband and plans to be a big player within 3-5 years. It expects 2016 revenue to be close to 2015’s Bt156bn with EBITDA growth of 37- 38%. It guarantees a dividend of 100% of net profit. (Thun Hoon, 08/03/16)
Comment: 1) I think the news meant EBITDA margin 2) This is lower, as expected, versus last year ~40% 3) Now the only issues that remain are in regards a) How much revenue will be lost from those subscribers that haven’t crossed over b) How will the agreement look w/ TOT

AKR
AKR expects the government to conclude solar farm projects on March 11. It plans to invest in 40MW in renewable energy. The company will invest in 20MW and EPC in 20MW. It targets revenue growth of 50% to Bt3.2mn, backed by bids for transformer work to add to its backlog. (Thun Hoon, 08/03/16)

DCORP
DCORP is confident it will have a profit this year, supported by the startup of a 300 MW solar cell factory in 2H16. It expects shareholders to approve the investment in YINGLI. (Kao Hoon, 08/03/16)

GOLD
GOLD is confident that profit in 2016 will higher than last year. It targets revenue of Bt9.8mn and will book profit from sale of assets to a REIT of over Bt130mn each year. It expects to open 15 new projects worth more than Bt16.4bn. (Kao Hoon, 08/03/16)
Comment: Well of course with the sale to REIT!

Continue reading Stocks in the news (advanc, akr, dcorp, gold, ifec, jas, ldc, oishi, sc, smt, spali, spcg, sprc, tsr) 08.03.16

Stocks in the news (apco, akr, ccp, dcon, dtac, gl, irpc lalin, lph, ori, pjw, pk, qtc, smart, snc, spcg, thana, tpoly) 10.02.16

APCO
APCO expects 2016 revenue to grow not less than 10% despite the slowdown in domestic purchasing power. It expects 2016 revenue to reach Bt450mn with a gross margin of 25%. It plans to increase its distribution channels through local retail stores. It is looking for a partner to build its network in Singapore, Malaysia, and Indonesia. (Thansetthakij, 10/02/16)
AKR
AKR targets 2016 revenue growth of 25% backed by robust earnings every quarter after it adjusted its strategy. It plans to focus on marketing campaigns and increase inventory in 1Q16. It plans to take part in PEA and MEA bids, valued at Bt6bn, in 2Q16. It expects the government to approve solar projects in March. (Thun Hoon, 10/02/16)
Comment: Again the issue with AKR is that there are just better companies doing the same business in the market. 
CCP
CCP got concrete orders on motorway project (Pattaya-Mabtaphut), valued at Bt500mn. This will increase its 2016 backlog. It expects 2016 revenue of to Bt2.6bn. It expects to benefit from public projects and property projects. (Khao Hoon, 10/02/16)
Comment: A Definitely beneficiary from all this infrastructure spending, but it seems rather priced in already
DCON
DCON expects 2016 revenue to reach Bt1.15bn aided by a larger customer base. Its management is okay with a capital increase as it will support fundamentals and decrease its D/E ratio to 0.2X. It is budgeting Bt400mn to buy land. It plans to pay a dividend at a payout ratio of not less than 25%. (Thun Hoon, 10/02/16)
Comment: Is DCON shifting further and further away from being a pure manufacturer of construction material to a property developer? 

Continue reading Stocks in the news (apco, akr, ccp, dcon, dtac, gl, irpc lalin, lph, ori, pjw, pk, qtc, smart, snc, spcg, thana, tpoly) 10.02.16

Stocks in the news (akr, atp30, beauty, ck, ivl, jmt, major, nch, oishi, pca, smt, tpoly, tsr, tvt) 08.01.16

AKR
AKR says foreign investors are interested becoming partners to invest in alternative energy. It expects 4Q15 earnings to mark a record high backed by numerous orders. It targets 2016 revenue to grow not less than 25% thanks to Bt6bn in bids. It expects the government to approve solar farm projects. It plans to invest in 40MW. It plans to expand to ASEAN. (Thun Hoon, 08/01/16)
Comment: Well its a natural step forward for them as they are trying to shift away from being a project based only company

ATP30
ATP30 expects 2016 net margin to double from 2015’s (5% in 2015 to 10% in 2016). It expects to make a decision whether to invest in or acquire a logistics business within mid-2016. It expects to invest be not less than Bt100mn. (Khao Hoon, 08/01/16)

BEAUTY
European investors are interested in BEAUTY shares because of its strong fundamentals and growth. It expects 2016 revenue growth of 20% aided a broader customer base at home and abroad. (Thun Hoon, 08/01/16)

CK
CK expects to report 2015 net profit of Bt2.39bn. It plans to take part in Bt600bn public project bids. (Khao Hoon, 08/01/16)

IVL
IVL has agreed to acquire BP Chemical’s Alabama plant (720 KMT PX, 1,020 KMT PTA, and naphthalene dicarboxylate or NDC) within 1H16. (Khao Hoon, 08/01/16)
Comment: We do wonder how on earth IVL will reach it’s warrant exercise prices in the next 2 years.

Continue reading Stocks in the news (akr, atp30, beauty, ck, ivl, jmt, major, nch, oishi, pca, smt, tpoly, tsr, tvt) 08.01.16

Stocks in the news (akr, ap, arrow, bigc, com7, cpr, daii, gunkul, inet, kc, mfec, pttep, sappe, scc, seafco, super, trc, tse, tu, tvd) 17.12.15

AKR
AKR expects 2016 revenue to reach a new high of Bt3.2bn backed by a 20MW solar farm in a government unit. It expects revenue from solar farms to comprise of 35% of total revenue from 10% this year. It plans to take part in bidding for the Bt4bn electric transformer project next year. (Thun Hoon, 17/12/15)
Comment: Well…not interested in this company, there are better options out there in the market

AP
AP expects 4Q15 revenue to reach new high at Bt7.5bn with Bt900mn in net profit. (Khao Hoon, 17/12/15)

ARROW
ARROW expects 4Q15 net profit to be good backed by economic recovery. It expects 2015 revenue to reach target of Bt1.2bn after 9M15 net profit hit a new high of Bt183mn. It plans to set up new plants in 2016 because of lower raw material price. (Thun Hoon, 17/12/15)
Comment: They have continued to benefit from the expansion of condominiums, warehouses and now potentially infrastructure in Thailand

BIGC
BIGC plans to open many new stores next year: 6 hypermarkets, 3 BIGC markets, and 75 mini BIGC. It plans to set up an REIT. (Khao Hoon, 17/12/15)

Continue reading Stocks in the news (akr, ap, arrow, bigc, com7, cpr, daii, gunkul, inet, kc, mfec, pttep, sappe, scc, seafco, super, trc, tse, tu, tvd) 17.12.15

Stocks in the news (akr, cpall, epco, mc, mill, ndr, pf, ple, sf, tndt, tsr, ttcl, tu) 05.12.15

AKR
AKR expects 4Q15 earnings to be highest backed by Bt500mn in transfers which achieved 2015 target revenue. It expects 2016 revenue of Bt3.2bn (+60%) aided by government projects. It expects to get a 9MW PPA for an agricultural cooperative solar farm in December. It expects to get Bt4bn in electric transformer projects. (Thun Hoon, 08/12/15)

BIG
BIG expects 4Q15 earnings to be peak. It plans to wipe out retained losses by the end of this year and pay a dividend on 2015 performance. It expects 2016 revenue to grow 10% by focusing on printing photos from smartphones. (Khao Hoon, 08/12/15)
Comment: That is the only “news” that seems to be supporting this stock, otherwise we don’t see much of a future in this niche player.

CPALL
CPALL plans to open 600 branches next year. It expects 2016 net profit of Bt15bn (+15%) from this year’s Bt13.2bn with Bt400bn in revenue. (Thun Hoon, 08/12/15)
Comment: By the looks of the stock price today funds just don’t like an executive team that front runs the market

EPCO
EPCO’s board approved investment in solar power plants in Japan (five projects, total 48MW). It expects this to supply electricity by 2Q16 and contribute Bt1bn in net profit for the life of the projects. It plans to list a subsidiary soon. (Thun Hoon, 08/12/15)

MC
MC expects 2016 revenue growth of 15% though it may achieve only 12% in this year because of the economic slowdown. Management says foreign companies are interested in becoming dealers. It plans to open new branches by the end of this year. It has budgeted Bt170mn to invest in 2016. (Thun Hoon, 08/12/15)
Comment: I still don’t care for the “Growth” story of this company, but at the right price definitely worth a look as its core business is ok.

Continue reading Stocks in the news (akr, cpall, epco, mc, mill, ndr, pf, ple, sf, tndt, tsr, ttcl, tu) 05.12.15