ASIMAR expects 2015 net profit of Bt120-130mn after achieving Bt102.2mn in the first nine months of the year. (Thun Hoon, 05/01/16)
COM7 expects tax incentives to help revenue grow more than 25%. It expects 4Q15 sales to be good because it has 300 branches and many products for sale, including iPhone 6s and iPhone 6sPlus.(Khao Hoon, 05/01/16)
Comment: A 1 time shot, expect for 1Q #’s to look weak.
CPN has budgeted Bt400mn to invest in Pororo Aquapark Bangkok at Central Plaza Bangna. It expects this to increase traffic by 15-20%. (Khao Hoon, 05/01/16)
CSS expects 2016 revenue of Bt5.5bn (20-25% growth) as DTAC and TRUE get busy with expanding their 4G towers. It also expects to get jobs from AIS and JAS. It expects to get a solar farm at a cooperative, which is expected to be announced in 3Q16. (Thun Hoon, 05/01/16)
Comment: You can do the numbers and you’ll see its already fairly priced.
EIC plans to sell 30.2% of Smart Traffic shares to Smart Merchant International for Bt185mn. It expects this to contribute gain of Bt18.8mn. (Khao Hoon, 05/01/16)
Comments: Looks like a left pocket right pocket deal, wonder what the FA would say here…
ASIMAR to show strong 3Q15 after booking two big projects. More potential growth stories include: ship maintenance backlog, Bt600mn tugboat project (to open for bidding in Oct 2015) by the Port Authority of Thailand, multi-million baht projects for the Department of Public Works and Town & Country Planning and potential offshore projects for PTT. (Thun Hoon, 26/10/15)
BIG’s shareholders approved par reduction to wipe out accumulated losses worth Bt150mn, clearing the path for dividend payout in the future, and restructuring its business for more flexibility and growth. The company maintains its 2015 growth target at 10% with margin above 20%. (Than Settakij, 16/10/15)
Comment: We still have our doubts on this businesses ability to compete versus smart phones.
MRTA board chooses BMCL for the Blue Line extension. The decision will be submitted to the Ministry of Transport for approval before starting the PPP process. (Khao Hoon, 26/10/15)
Comment: No surprise here.
DEMCO backlog increases to Bt8.8bn after securing 12 more power plant projects from Toyo Engineering worth more than Bt2bn. The construction of the first facility will begin in November 2015. (Khao Hoon, 26/10/2015)
Comment: And they will continue to win backlogs as this part of their forte, but the kicker still comes from WEH
ASIMAR expects to bid for a Bt1bn ship building contract. It plans to increase capacity by set up a third floating dock. It expects 3Q15 earnings to be good aided by transfers. (Thun Hoon, 05/10/15)
BMCL expects growth in 3Q15 earnings backed by increasing passengers. It expects 300,000 passengers/day. It expects to show a net profit in 2016 after the MRT Purple Line begins contributing revenue in 4Q15. (Thun Hoon, 05/10/15)
Comment: The moment that BMCL can expand its lines from its existing ~20km to just even 30km then it’ll finally become a profitable company.
COLOR expects 2015 revenue to mark a record high thanks to high demand and lower oil price. It expects 5% growth in 2015 revenue. It plans to increase exports to comprise 20% from 18- 19% now. (Thun Hoon, 05/10/15)
CPALL expects 2H15 earnings to be better aided by a marketing campaign, recovery in purchasing power, and seasonality. (Khao Hoon, 05/10/15)
Comment: Again the story here is purely if and/or when they’ll sell their stake in MAKRO to the market.
ASIMAR says it is looking for a partner. It targets 2015 revenue of 15-20% as it expects to get two more jobs in 3Q15-4Q15. It expects to book revenue from two Cambodian ships. It plans to focus on ship maintenance jobs to increase margin from 10-30% to 50%. (Thun Hoon, 24/08/15)
Comment: ASIMAR has been looking for a partner for…years now.
Management is considering investing in an aircraft maintenance depot offering area for
rent at Suvarnabhumi airport with a budget of Bt500-1000mn. It expects this to be finalized in 2015. (Post Today, 24/08/15)
Comment: Again the only value in BA, other than its monopoly in Samui is it’s holdings in BDMS, similar to CPF and CPALL
CCP is confident 2H15 net profit will be higher than 1H15. Its backlog is Bt2.3bn, of which it expects to book 60-70% this year. It is talking with a prospective partner to export to Myanmar and Laos, expecting this to be finalized in 4Q15. (Khao Hoon, 24/08/15)
CI expects to revise up 2015 revenue growth to 20% from 2014’s Bt1.69bn aided by transfers. It plans to launch three projects with a total value of Bt3bn, which it expects will raise backlog from Bt5bn. It plans to set up a Bt1.5bn REIT in 2016. (Thun Hoon, 24/08/15)
ACD targets 2015 revenue of Bt800mn with net profit backed by higher property transfers. It is talking to a prospective partner in China to invest in property development at tourist attractions in Thailand. (Khao Hoon, 23/07/15)
AOT expects bidding for Suvarnabhumi phase 2 be in February 2016. Total bids are valued at Bt43bn. Management is confident the plan will proceed as planned with operations starting in 2019. (Khao Hoon, 23/07/15)
Comment: At least this expansion is going ahead.
ASIMAR expects 2Q15 earnings to surge 2,700% on booking revenue from Port Authority of Sihanoukville and Tourism Thailand. 3Q15 profit is expected to rise backed by upcoming bids and increasing demand for ship maintenance service. It expects 2015 earnings to mark a record high. Investors are interested in a takeover at Bt4 per share. (Thun Hoon, 23/07/15)
BSBM expects to show net profit in 2Q15 from 1Q15 losses of Bt43.07mn aided by implementing cost control. It expects 2015 sales of 100,000 tons backed by large orders and the sale of all high cost products. (Thun Hoon, 23/07/15)
Comment: Never cared much for this company nor the industry that it operates, every steel co has suffered, is suffering and will continue to suffer.
CRANE is confident 2015 revenue will achieve target 4% growth. It expects a Bt100mn acquisition to be concluded in 3Q15. It expects business to continue to trend up in the rest of the year aided by government projects investment. (Khao Hoon, 23/07/15)
Comment: In theory they should benefit tremendously, demand for Cranes should sky rocket over the coming years.
Board approves capital increase of 3.16bn shares to be offered at rights of 5 old shares to 2 new shares for Bt1/share plus AIRA-W1 and AIRA-W2. 1Q15 earnings showed a profit of Bt13mn compared to 1Q14 loss of Bt31mn. (Thun Hoon, 18/05/15)
AOT reported 2Q15 net profit of Bt4.8bn (+32.36% YoY) benefitting from political calm that has brought tourists back. (Khao Hoon, 18/05/15)
Comment: AOT’s #’s still continue to outperform most people’s expectations, this country is just incredibly blessed by its ability to bring in tourists plus the fact that Chinese tourists are visiting Thailand more and more only help.
Interest shown in JV; deal expected to be finalized soon. ASIMAR will spend Bt1bn to raise capacity to handle jobs in Myanmar and for the Port Authority of Thailand. (Thun Hoon, 18/05/15)
1Q15 earnings grew 60% to Bt6.8bn and revenue rose 7% to Bt134mn. BSM targets revenue growth of 20% in this year and plans to increase market share abroad. (Khao Hoon, 18/05/15)
Comment: Quite the typo from the news outlets, earnings was 6.8 mn not bn, I’ve always thought highly of management here but not of its valuations, nuts!
China gives 85% load factor in 1Q15 – AAV reports that higher traffic from China remained the key driver to bring load factor to 85% in 1Q15. Management expects tourist sentiment towards traveling to Thailand to continue to improve over the remainder of the year despite the ongoing martial law. The Tourism Authority of Thailand says hotel bookings in Chiang Mai during Songkran is at over 90% despite the continued air pollution. (Krungthep Turakij, 20/03/15)
Comment: I’ve mentioned this enough times, AAV is the only airline you’d want to bother looking at on the Thai Equity market.
ASIMAR expects 2015 performance to break the record with two projects on hand worth Bt1bn. The company will also benefit from more budget from the Port Authority of Thailand of Bt4.67bn. The company believes it will be awarded new projects from PAT amounting to Bt500mn plus Bt450mn from a private company. (Thun Hoon, 20/03/15)
CGD expects 1H15 performance to improve YoY given its abundant backlog. Management says revenue for 2015 could exceed Bt834mn. (Thun Hoon, 20/03/15)
CNT working to set up a new JV with foreign partner. The company aims to become one of the contractors selected for public sector investment projects. It expects to see greater opportunities in the AEC market which could be finalized soon. CNT also expects to be awarded more jobs from PTT group. (Thun Hoon, 20/03/15)
Comment: A surprising loss last year from this construction co, I do expect for things to improve and am wondering why they can’t bid for the larger projects like UNIQ has.
Continue reading Stocks in the news (aav, asimar, cgd, cnt, cpf, dcon, demco, drt, glow, ichi, itd, jas, kbank, mbket, moong, ndr, pae, ptt, qtc, uac, rs, rwi, samart, mlink, sappe, tsi, uwc) 20.03.15
AJD starts trading at new par value of Bt0.1/share today and expects price at Bt3.2/share. Management reports set-top box sales volume of 500,000 boxes YTD and expects to sell 2mn boxes in 2014. The company is studying investing in a solar power plant in China. (Kao Hoon, 4/11/14)
Comment: Stock splits = retail gold!
Market sees ASIMAR as target of foreign oil drilling company. ASIMAR says 3Q14 will be in the black as it booked revenue of Bt1bn from Port Authority of Thailand’s project and backlog from Marpol project. The company and a partner will open a harbor in AEC, supporting growth. (Thun Hoon, 4/11/14)
Comment: Well its a small company with a market cap of THB 500 mn, not sure where the value is in ASIMAR
BLA offers pension product – With Thailand becoming an aging society, SET-listed Bangkok Life Assurance Plc (BLA) has introduced a new pension product as part of efforts to raise the pension product ratio to 10% of premiums in the next three years. The company expects 5,000 customers to buy the new BLA Unit Pension product to give Bt100mbn in premiums by year-end. The target group is those earning Bt20,000-30,000/month. (Bangkok Post, Thun Hoon, 4/11/14) Continue reading Stocks in the news (ajd, asimar, bla, chg, demco, fire, jubile, maco, ple, pps, rojna, tuf) 04.11.14
SET halts trading ADAM as of afternoon session on 25 September. It has requested additional information about ADAM’s investment in Gee Tha for Bt800mn. Shareholders approved a capital increase and the sale of four subsidiaries. (Kao Hoon, 26/09/14)
EARTH India cancels coal blocks — BANPU, EARTH and AGE are optimistic on India’s decision to cancel most of its coal block. EARTH expects India to start importing more coal from Indonesia, up from its current orders of more than 2 million tons per year. (Kao Hoon, 26/09/14)
Comment: A positive trend for these 3 companies, if you want to rank the co’s in terms of capability 1. Banpu; 2. Earth; 3. AGE
Airport terminal faces delays – Don Mueang airport’s new passenger terminal will not be completed until next year due to delays in upgrading facilities, the Airports of Thailand (AoT) said yesterday. The AoT last year approved a Bt3.2bn budget to improve the airport, including a plan to almost double its capacity to serve 30mn passengers, up from 18.5mn a year. (Bangkok Post, 26/09/14)