Tag Archives: as

Stocks in the news (ait, apco, as, bjc, ccn, cpf, fer, hpt, kbank, major, ratch, sci, scp, siri, tpbi) 25.03.16

AIT
AIT sets 2016 revenue target growth at 10% from Bt5.1bn in 2015 supported by its backlog of more than Bt3bn and government projects. It plans to start a data center project within 2Q16. (Kao Hoon, 25/03/16)

APCO
APCO sets 2016 sales target at Bt450 or growth of at least 10% and maintain gross margin at no less than 85%. It will focus on the domestic market. In 1Q16 it had a good response and Direct Service is ready to send Operation BIM to drugstores. It plans to pay a dividend of 100% of net profit. (Thun Hoon, 25/03/16)
Comment: We said back in 2014 that this company was trading at ridiculous valuations and even though the price is off by some 40%, I still think it’s incredibly expensive.

AS
AS sets 2016 revenue target growth at 30%, supported by launch of 24 new games and adding games on mobile to reach 30% of all revenue. It expects 2016 earnings will turn around. (Thun Hoon, 25/03/16)
Comment: I do wonder if they can actually do it…we’ve been waiting for a number of years and perhaps its finally time.

BJC
BJC is leading the pack. After it acquires BIGC it will be the biggest retailer in ASEAN. It targets 2016 revenue growth at 10% supported by sales from abroad. It has budgeted Bt4.5bn to expand capacity both inside and outside Thailand. It is confident that its tender offer will proceed as planned. (Thun Hoon, 25/03/16)
Comment: They own retail in Thailand, they have metro in Vietnam, so I fully expect to see expansions into Laos and Cambodia.

Continue reading Stocks in the news (ait, apco, as, bjc, ccn, cpf, fer, hpt, kbank, major, ratch, sci, scp, siri, tpbi) 25.03.16

Stocks in the news (as, asefa, ask, bgt, cpn, drt, dtac, ivl, paf, pcsgh, samart, stpi, tpbi) 11.03.16

AS
AS expects a turnaround in 2016 after a business restructure. It sets revenue target growth 30% which mainly from smartphone market. (Kao Hoon, 11/03/16)
Comment: I’ve always liked management here but their industry has been turned upside down by the advent of smartphone technology and they’ve been incredibly slow to keep up with the changes, one wonders if it is too late…

ASEFA
ASEFA targets 2016 revenue growth of 15%, supported by backlog of Bt1.7bn. It is bidding for new jobs in total worth Bt2-3bn. It will maintain its gross margin at 22.35%. (Kao Hoon, 11/03/16)

ASK
ASK will focus on truck loans as it expects the AEC will increase logistics demand. It is confident that 2016 loans will grow 10-15% and maintains NIM at 22.35%. (Kao Hoon, 11/03/16)
Comment: Everyone is banking on the infrastructure spending Thailand, and leasing companies such as ASK and THANI are no different

BGT
BGT expects outstanding earnings in 1Q16 supported by sales from Myanmar. It plans to add 1-2 branches in Myanmar. It expects revenue of Bt11mn from abroad. It expects 2016 to grow 10% supported by new products. (Thun Hoon, 11/03/16)
Comment: They were finally able to eek out a small amount of profit in 2015 after the losses in 2014.

Continue reading Stocks in the news (as, asefa, ask, bgt, cpn, drt, dtac, ivl, paf, pcsgh, samart, stpi, tpbi) 11.03.16

Stocks in the news (Ap, as, bkd, bts, cpall, fire, itd, kbank, mlink, syntec, tmill, tog, true) 11.03.15

AP
AP expects to transfer Bt5.3bn in 1Q15. The company has Bt25bn backlog and will realize Bt23.8bn as revenue this year, resulting in 10% revenue growth this year. The company plans to open 24 new projects with total value of Bt36bn. (Kao Hoon, 11/03/15)

AS
AS expects earnings turnaround this year after business restructuring. It plans to coordinate with partners to invest in the mobile game business and expects revenue growth of 30% this year. (Thun Hoon, 11/03/15)
Comment: AS is currently stuck with an infrastructure that, if it was 10 years ago, would be magnificent, with the increased usage of smart phones, tables etc etc, they have seen their revenue and profits tumble as less and less players are on computers.

BKD
BKD expects strong net profit growth at 30% YoY driven by rising revenue to 1.3bn and net margin of 13%. The company expects to be awarded a new project valued at Bt1.2bn and it will finalize a residential project (Bt3.0bn) this year. (Kao Hoon, 11/03/15)

BTS
BTS will raise passenger fares on June 1, 2015 by 5-6% on average (from Bt15-42). The Transport Ministry plans to coordinate with private companies such as BTS and BMCL via Public Private Partnership (PPP) to manage a ticketing system. (Kao Hoon, 11/03/15)
Comment: Well that’s taken them long enough to figure out, discussions with both bmcl & bts indicate that the slowness in implementing this wasn’t due to a lack of effort.

Continue reading Stocks in the news (Ap, as, bkd, bts, cpall, fire, itd, kbank, mlink, syntec, tmill, tog, true) 11.03.15

Stocks in the news (abc, as, ah, bafs, bland, ccn, cpn, gunkul, jmart, ktb, ldc, lhk, nok, ps, thai, true, wat) 29.08.14

ABC
ABC’s financial statement reported sharp decline in net profit in 2Q14 due to the slowdown in the property market. It expects the use sale of idle land to repay debt. It is assessing the electronic business and will do a road show with a partner. (ASTV Daily Manager, 29/08/14)

AS
AS expects improving earnings in 2H14 after the company introducing new nine games, bringing it to breakeven in 2014. It expects 2015 earnings to be in the black supported by integrated online media strategy and no license amortization. (Kao Hoon, 29/08/14)
Comment: If you wanted to play an angle on online gaming in SE Asia, then AS is your only option.

AH
AH expects sales and net profit to recover in 2015 after a 10-15% fall in sales volume in 2014. 2015 improving will be supported by normalized utilization rate at 70-80%. The company is preparing to issue a bond for refinancing and working capital. (Kao Hoon, 29/08/14)

Continue reading Stocks in the news (abc, as, ah, bafs, bland, ccn, cpn, gunkul, jmart, ktb, ldc, lhk, nok, ps, thai, true, wat) 29.08.14

Co Visit: Asiasoft Plc (AS)

Asiasoft Corporation Plc is a leading digital online entertainment company in Southeast Asia with a dominant market share in Thailand, Singapore and Malaysia and a strong presence in Vietnam, Indonesia and the Philippines. Pramoth Sudjitporn, vice-chairman and CEO, talks about the company’s strategy and outlook.

asiasoftStrong infrastructure will allow Asiasoft to add new internet-based entertainment and services at low cost, says Mr Pramoth.

What is Asiasoft’s business model?

Asiasoft provides internet content and services, partnering with global developers to distribute their content across Southeast Asia. Over the past decade we have serviced online games in MMORP (massively multiplayer online role-playing), casual, FPS (first-person shooter) and Web-based formats and currently operate 56 online games in six countries.

In the future we will transition to a wider portfolio of products and services that encompass gaming and non-gaming products and services for internet users in Southeast Asia.

Continue reading Co Visit: Asiasoft Plc (AS)

Random Thoughts: How big is the app market in SE Asia?

Its reporting time from all the publicly listed companies in Thailand, with the quality of presentations available (meaning they are pretty damn good), its great finding out little tidbits of information like this one from Asiasoft Plc (AS).

Who whould’ve thought that Thailand was only just behind Singapore in terms of daily spending on apps? Can you just imagine the upside potential from Vietnam?

SEA_App

SEA_app2

Source: Asiasoft

3G beneficiaries

Just received this in my mailbox, its a rather nifty little infographic showing which publicly listed companies in Thailand will benefit from the recent issuance of 3G licenses to the telecom operators.

 

 

Source: Not sure, if someone knows do inform me so I can credit them properly