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 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)
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 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 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.
AQUA reported 3Q15 net profit of Bt69.61mn (+108.16%). 9M15 net profit was Bt221.96mn (+114.74%) backed by a growth in sales of electricity, warehouses, and ads. (Khao Hoon, 17/11/15)
ATP30 has three new customers. It will supply 30 cars that will contribute revenue from the beginning of 2016. It reported 3Q15 net profit of Bt2mn. 9M15 revenue grew 14.81%. It is confident 2015 revenue will reach Bt270mn (+15%). (Khao Hoon, 17/11/15)
BMCL reported 3Q15 net loss of Bt148.18mn (-7%). Ridership rose to 300,000, raising revenue from fares by 9.66% while commercial development revenue rose 6%. (Khao Hoon, 17/11/15)
Comment: CK has decided to merge BECL and BMCL they need the clean balance sheet of BECL to finance all of BMCL’s future growth
CHOW reported 3Q15 net profit of Bt36.27mn backed by implementing cost control, revenue from power business and FX gain. (Thun Hoon, 17/11/15)
Comment: We do wonder at what point will CHOW begin to recognise its expansion into Japan
COL expects 2016 revenue to grow 15% from Bt10bn this year. It plans to switch online sales to market place. It has budgeted Bt1bn to broaden its market at home and abroad. (Khao Hoon, 17/11/15)
Comment: A switch from online sales to market place? Wait isn’t this an ecommerce business? I have often thought aloud that for this company to be the equivalent of, say, Amazon, a change in management and mind set would be needed.
ANAN launches 4 new projects worth of Bt11bn. It has set a presales target of 40% per project within Aug 12-16. It is cooperating with Thai Samsung Electronics. (Khao Hoon, 14/8/15)]
Comment: And they’re spending quite the small fortune on marketing these projects, you can see their advertisements everywhere in Bangkok
ATP30 IPO price at Bt0.95/share with 24.59% discount. It plans to invest in a bus. First trading day is Aug 27, 2015. It expects revenue growth of 15-20% in 2015. (Khao Hoon, 14/8/15)
Comment: Looks like another small IPO, watch for the first day bounce
BKD reported profit growth of 20% to reach Bt63mn in 2Q15. It targets jobs of Bt3.5bn supported by a new client. (Khao Hoon, 14/8/15)
CHG targets revenue growth of 15-20% from Bt2.71bn last year due to high season in 2H15 and expanding demand. It has budgeted Bt550mn to expand its hospital. (Thun Hoon, 14/8/15)
Comment: We still wonder aloud if this hospital group will ever be taken over.
Continue reading Stocks in the news (anan, atp30, bkd, chg, ecl, forth, fpi, gpsc, intuch, mill, nwr, planb, pttep, ratch, rs, samco, sappe, spcg, super, tasco, thai, tgpro, tk, tpch, tuf, uv) 14.08.15