Tag Archives: biz

Stocks in the news (arrow, biz, bsm, cpn, csl, global, jubile, mega, robins, s, sci, spali, sutha, syntec, tacc, tfg, twz) 06.09.16

ARROW
ARROW expects 2016 revenue and profit to be a new high. It is maintains its full-year target revenue at Bt1.4bn, growth of 15%. It has backlog of Bt240mn, all of which will be booked this year. It is talking with two companies to take a share of its subsidiary and expects to make a deal within 2017. (Kao Hoon, 06/09/16)
BIZ
BIZ maintains 2016 revenue target growth of 50-60% and plans to expand its customer base in both government and private hospitals. It expects 2019 revenue to reach Bt1bn and has a three-year plan to do a JV with a private hospital to set up a cancer center. (Kao Hoon, 06/09/16)
Comment: Well its certainly pricing this growth in at these valuation levels
 
BSM
BSM expects to sign a Bt100mn contract for work in Papua New Guinea in early 4Q16. This will support 2H16 earnings. It expects a profit in both 3Q16 and the whole of 2016. It expects the Sansara project to finish around the end of 2017 to early 2018. It targets 2017 revenue of Bt800mn from Bt700mn this year, supported by expanding to Myanmar and Cambodia. ( Thun Hoon, 06/09/16)
CPN
CPN expects 2H16 revenue growth of 12-14% backed by steady growth in same-store sales. It is confident that 2016 revenue will grow 15% supported by opening a new shopping center. It expects to change CPNRF into a REIT at the end of 2016. (Kao Hoon, 06/09/16)
Comment: Given the size of the business today, its rather astounding how well they continue to perform
 
CSL
CSL expects 2016 revenue growth of 2-3%. It plans to expand high-speed internet in condominiums along the BTS line and expects 10,000 customers within this year. (Kao Hoon, 06/09/16)
GLOBAL
GLOBAL expects growth to continue through 2H16 with full-year revenue growth of more than 10%. It expects a net margin of 8.45%. It plans to expand to Myanmar and Cambodia, with a decision to be made next year. It expects to open eight new branches in 2016 and has a five-year budget of Bt10bn. ( Thun Ho on, 06/09/16)
JUBILE
JUBILE expects profit margin to continue to be good. It believes the Forevermark brand has a bright future. It plans to add four branches this year and has a five-year target of 25 branches. ( Thun Hoon, 06/09/16)
Comment: If JUBILE turnarounds around then you know that consumer confidence is back

Continue reading Stocks in the news (arrow, biz, bsm, cpn, csl, global, jubile, mega, robins, s, sci, spali, sutha, syntec, tacc, tfg, twz) 06.09.16

Stocks in the news (akp, bch, bcp, biz, ivl, jas, lit, mill, oishi, ori, prin, pttgc, qlt, sawad, spali, tasco, tfg, tkn, tpch) 11.08.16

AKP
AKP reported 2Q16 net profit of Bt18.08mn, up 61.6% YoY. It expects 2H16 performance to achieve its target. (Thun Hoon, 11/08/16)
BCH
BCH expects 2H16 earnings to be good supported by a faster breakeven at WMC than expected. It plans to increase Social Security clients to 800,000. It expects 2016 revenue to grow no less than 10%. (Thun Hoon, 11/08/16)
Comment: Well WMC has been waiting to breakeven for a long time…
 
BCP
Bangchak seeks 4th revenue engine – BANGCHAK PETROLEUM is seeking a new business to perform as the “fourth engine” of the company, after the spin-off of its green-power business. (The Nation, 11/08/16)
Comment: And the spin is expected to happen within the next 6 months
 
BIZ
BIZ reported 2Q16 net profit of Bt8.1mn and total revenue of Bt106.59mn, a surge of 502.51% YoY due to realizing more revenue. (Thun Hoon, 11/08/16)
IVL
IVL reported 1H16 net profit of Bt10.84bn, increasing 95% YoY, and 2Q16 profit of Bt5.95bn supported by PET business recovery and booking extra gain of Bt2.49bn from an acquired business. (Kao Hoon, 11/08/16)
Comment: So they were able to boost their 1H16 #’s due to “extra gain” bookings from acquisitions, what magical things await in 2H16?
 

Continue reading Stocks in the news (akp, bch, bcp, biz, ivl, jas, lit, mill, oishi, ori, prin, pttgc, qlt, sawad, spali, tasco, tfg, tkn, tpch) 11.08.16

Stocks in the news (amata, big, biz, epg, forth, gpsc, jwd, max, mtls, pf, smart, snc, top, ubis, xo) 09.08.16

AMATA
AMATA is studying invest in a solar roof to be installed on AMATA Summit ready-built roofs and expects to make a decision this year. It targets 2016 revenue growth of 20%. It plans to open an industrial estate in Myanmar which will focus on customers in India, Bangladesh and China. (Thun Hoon, 0 9/08/16)
BIG
BIG reported 1H16 profit of Bt419mn or up 192% supported by more revenue. It expects 2H16 to continue to grow due to high season. It plans to launch two big events at the end of the year to support sales and expects revenue and profit to record a new high . (Khao Hoon, 09/08/16)
Comment: Still great growth on a YoY basis but it dropped rather sharply QoQ. So how will analysts value this? Are we going to see more magical PEG numbers
 
BIZ
BIZ expects 3Q16 revenue growth of more than 20% QoQ and is maintaining its 2016 revenue target growth of 50-60% YoY supported by its backlog of Bt566mn, of which will book 60% this year. It expects to get revenue of more than Bt300mn from bidding for hospital job, both government and private, and expects to know the results in 2H16. (Khao Hoon, 09/08/16)
EPG
EPG expects 1QFY16 profit to be a new high of Bt385mn, surging 60% supported by insulated rubber and automotive parts business growth. It will report earnings on Aug 15. (Khao Hoon, 09/08/16)
Comment: Their ability to continue this growth has been impressive. One day they are hoping that the entire car will be made out of some form of plastics because then EPG will effectively become an indirect car manufacturer.
 
FORTH
FORTH
continues to bid for government communication projects. It is maintaining its 2016 revenue target of Bt5.8bn supported by its subsidiary and more orders. (Thun Hoon, 09/08/16)

Continue reading Stocks in the news (amata, big, biz, epg, forth, gpsc, jwd, max, mtls, pf, smart, snc, top, ubis, xo) 09.08.16

Stocks in the news (biz, gpsc, planb, qlt, sc, sccc, smit, stec, tmt, tnp, utp, uvan) 06.08.16

BIZ
BIZ reported 2Q16 net profit of Bt8.10mn with total revenue of Bt106.59mn, growth of 502% backed by more orders. (Kao Hoon, 06/08/16)

GPSC
GPSC reported 2Q16 net profit of Bt686mn or growth of 45%, with 1H16 net profit of Bt1.56mn, growth of 55%. It plans to invest in new projects in Thailand and abroad. It expects the 550MW power plant to proceed as planned. (Kao Hoon, 06/08/16)
Comment: This power play has continued to impress since its IPO earlier this year.

PLANB
PLANB expects 3Q16 to record a new high as it will book revenue of no less than Bt10mn from digital media in BIGC. It plans to add 60 digital media boards nationwide. It is confident that 2016 revenue will grow no less than 25%. (Thun Hoon, 06/08/16)
Comment: Its still rather incredible that this company is trading at these lofty multiples despite their failure to show the magnificent growth, then again as I tell my friends, when investing in Thailand you have to “Believe!”

QLT
QLT plans to set up a subsidiary in Myanmar and expects to expand customer base in 2H16. It expects to get more revenue from gas pipeline expansion job in the north. It has backlog of Bt300mn, with Bt180mn of this to be booked this year. (Thun Hoon, 06/08/16)

SC
SC Asset revenue to top B15bn – SET-listed developer SC Asset Corporation Plc expects fullyear revenue to surpass its 15-billion-baht target as housing demand outstrips rising household debt . (Bangkok Post, 06/08/16)

Continue reading Stocks in the news (biz, gpsc, planb, qlt, sc, sccc, smit, stec, tmt, tnp, utp, uvan) 06.08.16

Stocks in the news (advanc, atp30, biz, itd, lpn, ptt, sat, seafco, sena, tmb, tnp, vgi) 05.08.16

ADVANC
ADVANC will pay an interim dividend of Bt5.79/share, XD on Aug 15 even though it reported 1H16 net profit of Bt17.70bn, a fall of 10%. It said it is still No.1 in revenue, profit and customers. (Kao Hoon, 05/08/16)
Comment: I wouldn’t be surprised to a declining trend in the dividends paid
 
ATP30
ATP30 reported 2Q16 net profit growth of 206.38% supported by more customers and efficient cost management. It targets 2016 gross margin of 25% and revenue growth no less than 15%. (Thun Hoon, 05/08/16)
Comment: A small name that recently IPO’ed and somehow has amazing numbers  in the 1H16
 
BIZ
BIZ expects to bid for a new job worth more than Bt200mn in 2H16. It has backlog of Bt640mn with 80-90% of that to be booked this year. It expects this to lift 2016 revenue to Bt600mn. (Kao Hoon, 05/08/16)
ITD
ITD won the bid for construction of a 800MW coal power plant in Krabi. Its bid was the lowest, at Bt32bn. It will start construction after it gets EHIA approval. (Kao Hoon, 05/08/16)

Continue reading Stocks in the news (advanc, atp30, biz, itd, lpn, ptt, sat, seafco, sena, tmb, tnp, vgi) 05.08.16