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 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 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 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.
ASEFA expects its new plant to run this February. This plant will raise its capacity by 50%. It plans to open five more after-sales service centers to handle upcoming large orders. (Thun Hoon, 29/01/16)
Comment: Well the question will turn to utilisation rates, its a new ipo, not much of a public market track record and we still have many questions about it.
BCP expects 2015 net profit to be over Bt4.1bn (500% growth) despite net loss of Bt99mn in 4Q15 from stock and impairment loss. (Khao Hoon, 29/01/16)
BIG targets 2016 revenue to grow 10% by offering photography services and solutions. It plans to provide another service, printing photos from mobile phones, targeting the youth. It plans to pay a dividend on its robust 2015 earnings. (Thun Hoon, 29/01/16)
Comment: They say that 1) Margins are stable 2) Growth comes from consumers actually wanting to use cameras and the change in consumer behaviour; I say 1) Ok 2) Don’t see it ccontinuing
BWG targets 2016 revenue growth of 10-15% backed by increasing waste income. It is working with EGAT to invest in a waste power plant. It plans to cooperate with IEAT to invest in IE for alternative energy, with a decision to be made by April. Foreign investors are interested in its shares via PP. (Khao Hoon, 29/01/16)
Comment: It would be interesting to see how this company develops….if everything they say is true then there could be a decent amount of upside available. No idea why they would need a PP give that their capital base seems solid
FSMART targets 90,000 Boon-Term Top-Up machines by the end of this year. It expects these to contribute Bt21bn revenue in 2016. It expects to offers a new platform for its Top-Up machines to make them more user friendly. (Thun Hoon, 29/01/16)
Comment: Just amazeballs
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.
ACD has approved the acquisition of ordinary shares of Orin for Bt195mn, including one condo under development named Origins Bangmod-Rama2 which has already 85% in construction, expects to transfer and contribute revenue by this year. (Thun Hoon, 28/08/15)
Comment: Looks like a reverse IPO for Orin into ACD
AH expects revenue to stagnant this year because of a drop in auto production to 2mn cars. It expects 2H15 performance to improve backed by new orders. (Khao Hoon, 28/08/15)
Comment: It’s been a dog since they took over KPN’s automotive manufacturing business
AQ expects no impact from KTB case as the value of its collateral exceeds the Bt10bn awarded by the court. Management says it plans to open three new projects. (Thun Hoon, 28/08/15)
Comment: Quite the scandal here.
ASEFA expects 2H15 revenue to be better than 1H15. Its backlog is Bt1.5bn and Bt1bn is expected to be booked this year. It is confident 2015 revenue will achieve 20-25% target growth. (Khao Hoon, 28/08/15)