Tag Archives: bjchi

Stocks in the news (aot, bem, bjchi, brr, cbg, itd, itel, ksl, lit, ptg, qtc, tkn, uac) 15.09.16

AOT
Suvarnabhumi expects bids by October – The long-awaited expansion of Suvarnabhumi airport is slated to have an auction for contractors in October, with construction starting by February, says president Nitinai Sirismatthakarn of the state-controlled Airports of Thailand (AoT). (Bangkok Post, 15/09/16)
BEM
MRTA will negotiate with BEM for the Blue Line extension, Chaloem Ratchamongkhon Line and hub station next week. MRTA plans for concessions to expire in 2049. (Kao Hoon, 15/09/16)
BJCHI
BJCHI plans to bid for a new job worth Bt20bn and expects to get this job. This will increase its backlog from Bt3.1bn. It expects 2016 revenue to achieve its target growth of 15% from Bt5.7bn in 2015, supported by more new orders. (Thun Hoon, 15/09/16)
BRR
BRR expects 2016 revenue and profit to be stable from last year backed by a recovery in sugar price in 2H16. It has now switched to FiT for its power business and this will boost revenue by 20% and lift the proportion of revenue from power to 10%. It plans to set up a fund worth Bt3.6bn next year. (Kao Hoon, 15/09/16)
Comment: Could sugar names be the biggest turnaround story next year? Like the O&G and Food names this year. 
 
CBG
CBG expects 2H16 earnings to be good after reporting 1H16 revenue of Bt4.48bn supported by demand from home and abroad. It expects 2016 sales to grow 20% from last year due to more customers. It has budgeted Bt2.61bn to increase can and bottle production capacity. (Thun Hoon, 15/09/16)

Continue reading Stocks in the news (aot, bem, bjchi, brr, cbg, itd, itel, ksl, lit, ptg, qtc, tkn, uac) 15.09.16

Stocks in the news (bjchi, ck, crane, css, fpi, gland, gpsc, itd, jmart, kwg, loxley, mill, nok, nyt, pps, qh, sf, trt tse) 22.08.16

BJCHI
BJCHI expects to get a new job worth Bt10bn to add to its backlog of Bt3.1bn. It plans to expand to a new market. It expects 2016 revenue to grow 15% from Bt5.75bn last year supported by backlog awaiting booking. (Thun Hoon, 22/08/16)
Comment: Regardless of the oil price decline BJCHI still seems to somehow continue winning projects
CK
CK expects 3Q16 to be good as it will book backlog. It plans to bid for big government projects such as Orange Line worth Bt300bn and expects to get 20-25% of its bids. (Thun Hoon, 22/08/16)
CRANE
CRANE got the job of managing Trang port and providing service for cranes. It expects to book revenue of Bt30-50mn this year. It expects a lower net loss this year because of higher demand from public investment. (Khao Hoon, 22/08/16)
CSS
CSS expects 3Q16 to be good as it expects to get jobs in Suvarnabhumi Phase 2 and from BTS. This will add to its backlog of Bt1.3bn; it also expects revenue from its subsidiaries. It is confident that 2016 revenue will hit target of Bt5bn with revenue of Bt10bn over the next three to five years. (Thun Hoon, 22/08/16)
FPI
FPI is confident that 2H16 earnings will grow strongly and add to profit, supported by a weak baht, low oil price and low plastics prices. It plans to increase painting capacity by 35% in September to support OEM orders. It expects revenue growth of at least 10%. The board approved an interim dividend of Bt0.06/share, XD on Sep 9. (Thun Hoon, 22/08/16)
GLAND
GLAND plans to invest in office building for rent (The Super Tower), valued at Bt18bn in 2017. It believes this will bolster revenue. It expects to book revenue from leasable area at G Tower in 3Q16 after occupancy rate reached 70%. (Khao Hoon, 22/08/16)
Comment: Still part of the longterm master plan, we do suspect a REIT will be announced in due course given the need for capital

Continue reading Stocks in the news (bjchi, ck, crane, css, fpi, gland, gpsc, itd, jmart, kwg, loxley, mill, nok, nyt, pps, qh, sf, trt tse) 22.08.16

Stocks in the news (ajd, asefa, bjchi, brr, css, fsmart, gl, hpt, ifec, ihl, ilink, ps, ptg, ptt, seafco, super, tacc, thai, tvd, wha, work) 16.08.16

AJD
AJD reported 2Q16 net profit of Bt126.59mn on higher sales at a subsidiary and implementing cost control. It expects 2016 revenue to grow 10-15% from last year backed by transfers. (Thun Hoon, 16/08/16)
ASEFA
ASEFA expects 2016 revenue to grow 20% backed by mega projects with backlog of Bt1.8bn, of which 60% is expected to be booked this year. (Khao Hoon, 16/08/16)
BJCHI
BJCHI posted 2Q16 revenue of Bt1.76bn with Bt191.71mn net profit. It expects 2016 revenue to grow 15% backed by backlog of Bt3.1bn. (Thun Hoon, 16/08/16)
BRR
BRR expects to benefit from the good outlook for sugar. It expects 2H16 earnings to be good. It expects crop to amount to 2.5mn tons of sugar cane backed by efficient cultivation. It reported 2Q16 net profit of Bt41.5mn. (Thun Hoon, 16/08/16)
Comment: Effectively every sugar company has the same story, I do wonder if we will see a consolidation phase 
 
CSS
CSS expects 2H16 earnings to be good backed by the telecom business. It expects 2016 revenue to reach Bt5bn or 10% growth as targeted. It will pay a dividend of Bt0.06/share, XD on Aug 23. (Khao Hoon, 16/08/16)
FSMART
FSMART expects 3Q16 revenue to grow 40% backed by expansion in Boon Term Top Up machines. It is talking to BBL, BAY, SCB, and KBANK in order to provide transfer service, expects to sign a contract with one bank at the end of this year. (Khao Hoon, 16/08/16)
Comment: I do now wonder what is the next step for FSMART with their top up machines, how many additional services can they add to this channel?

Continue reading Stocks in the news (ajd, asefa, bjchi, brr, css, fsmart, gl, hpt, ifec, ihl, ilink, ps, ptg, ptt, seafco, super, tacc, thai, tvd, wha, work) 16.08.16

Stocks in the news (aot, beauty, bjchi, cbg, global, itd, lh, nok, oto, sawad, spcg, tasco, tpch, tsr, tvt, uv, vpo, wha) 28.06.16

AOT
AOT expects to benefit from recovery in tourism, more passengers, and growth in flights by low-cost airlines. It targets non-aviation revenue to comprise 50% within three years. It plans to expand terminals in order to handle 6-8% passenger growth each year. (Thun Hoon, 28/06/16)
BEAUTY
BEAUTY expects 1H16 net profit of Bt169.61mn driven by large orders. It expects 2016 revenue to rise 20% from last year on high demand. (Thun Hoon, 28/06/16)
Comment: And the machine still continues..and I continue to bang my head against the wall.
 
BJCHI
BJCHI took part in a Bt6bn bid abroad. It expects this to increase its backlog from Bt4.2bn. It targets 2016revenue to grow 15% from Bt5.75bn, aided by transfers. (Thun Hoon, 28/06/16)
CBG
CBG plans to expand to Europe. It expects this to strength its brand awareness. It expects 2016 revenue to grow 15-20% driven by a larger local market. (Thun Hoon, 28/06/16)

Continue reading Stocks in the news (aot, beauty, bjchi, cbg, global, itd, lh, nok, oto, sawad, spcg, tasco, tpch, tsr, tvt, uv, vpo, wha) 28.06.16

Stocks in the news (aot, bem, bjchi, centel, cwt, eforl, iec, itd, jsp, k, pace, rs, super, tfg) 16.04.16

AOT
AOT plans to put two contracts for Suvarnabhumi phase 2 up for bid in Aug. It expects to put the other contracts up for bidding this year. It plans to begin Don Muang Phase 3 as soon as possible. (Thun Hoon, 14/06/16)
BEM
BEM expects to be the operator for the MRT Blue Line extension. It also expects to get the station that will link Bang Sue-Tao Poon – the so-called missing link – after the board approved direct negotiation. It expects to ask approval from the SRT tomorrow. (Khao Hoon, 14/06/16)
Comment: Looks like there is no reason why they shouldn’t get it
 
BJCHI
BJCHI signed a Bt2.8bn contract, raising its backlog to Bt4.5bn. It expects 2016 revenue to grow 15%. (Khao Hoon, 14/06/16)
Comment: This despite oil prices down -50% from their peak, so where’s the issue for BJCHI to continue to winning projects?
 
CENTEL
CENTEL expects 2016 earnings to mark a record high. It plans to cooperate with a partner to acquire more businesses (two deals are being negotiated). It expects the food business to be good. It has budgeted Bt800mn to expand and renovate. It expects 2016 revenue of Bt20.05bn. (Thun Hoon, 14/06/16)

Continue reading Stocks in the news (aot, bem, bjchi, centel, cwt, eforl, iec, itd, jsp, k, pace, rs, super, tfg) 16.04.16

Stocks in the news (advanc, bjchi, bkd, bm, cho, eason, epg, fsmart, gfpt, ihl, jsp, mtls, nwr, pace, ptg, pttgc, richy, samco, solar, tk, trt, tsth) 23.05.16

ADVANC
ADVANC and TOT set to launch service under a joint trial – ADVANCED Info Service and TOT are expected to sign a contact signalling the launch of a joint-trial commercial service on the state agency’s 2.1 gigahertz spectrum shortly after the reauction of a 900 megahertz licence on Friday, Information and Communications Technology Minister Uttama Savanayana has said. (The Nation, 23/5/ 16)
Comment: There’s still another 4 more days to go before the auction, I do wonder what else could happen?
 
BJCHI
BJCHI expects 2Q16 earnings to be good aided by mega projects. It expects 2016 revenue to grow 15% thanks to numerous orders and bidding for new projects. It expects to get new projects that will increase its backlog from Bt1.7bn. (Thun Hoon, 23 /05/16)
Comment: Thus even with the volatile movements in oil prices BJCHI is still able to maintain their backlog. How?
 
BKD
BKD plans to ask board approval to invest in a new business on May 24. It expects 3Q16 earnings to mark a record high aided by government projects. Its backlog is Bt1.5bn, of which 70% is expected to be booked this year. It expects 2016 revenue to increase not less than 20%. (Thun Hoon, 23/05/16)
BM
BM reported substantial 1Q16 earnings growth aided by higher revenue from sales and lower cost with net margin of 7.05%. Core revenue came from metal trunking and electrical conduits. (Thun Hoon, 23/05/16)

Continue reading Stocks in the news (advanc, bjchi, bkd, bm, cho, eason, epg, fsmart, gfpt, ihl, jsp, mtls, nwr, pace, ptg, pttgc, richy, samco, solar, tk, trt, tsth) 23.05.16

Stocks in the news (advanc, asefa, bigc, bjchi, bsm, ck, ea, pf, npp, sci, tluxe, tmi, tpoly, true, tsr, twpc) 18.05.16

ADVANC
ADVANC is now left as the only applicant in the running to take part in the upcoming reauctioning of a 900MHz licence. (The Nation, 18/05/16)
Comment: It should be an uneventful auction…
 
ASEFA
ASEFA expects 2016 revenue to grow 15-20% on the back of Bt1.7bn backlog. It expects this to cover revenue till next year. It plans to take part in bids. (Khao Hoon, 18/05/16)
BIGC
BIGC plans big expansion – THE NEW board of directors of Big C Supercenter, controlled by Berli Jucker Group, has approved the plan to allocate Bt5bn-Bt6bn for store expansion in Thailand this year, focusing on “blue ocean” locations, including subordinate and border provinces, and major districts. (The Nation, 18/05/16)
Comment: Thats rather interesting given that the previous management didn’t see any more growth potential in the country..
 
BJCHI
BJCHI announced 1Q16 earnings of Bt338.7mn (+110%) with Bt2.1bn in revenue, up 40%. It is waiting for bidding results. It expects 2016 revenue to grow not less than 15% as its work on hand is Bt1.7bn. (Thun Hoon, 18/05/16)
BSM
BSM expects 2Q16 earnings to recover backed by orders at home and Bt10mn orders from India. It expects 2016 revenue to hit Bt700mn. It expects margin to reach 30%. It expects 2H16 earnings to be better than 1H16. (Thun Hoon, 18/05/16)

Continue reading Stocks in the news (advanc, asefa, bigc, bjchi, bsm, ck, ea, pf, npp, sci, tluxe, tmi, tpoly, true, tsr, twpc) 18.05.16

Stocks in the news (bay, bjchi, com7, delta, drt, eason, hmpro, kbs, modern, ndr, nwr, pttep, richy, scc, scn, sgp, super, tpch, tpipl, true) 27.04.16

BAY
BAY expects auto loans to grow 3% to Bt262bn despite a slowdown in new loans. It is looking for a partner to expand into loans for used cars. (Thun Hoon, 27/04/16)
Comment: I can see BAY actually taking away market share from TCAP in this. 
BJCHI
BJCHI will pay dividend of Bt0.5/share, payment on May 19. It took part in Bt6.5bn in bids, and expects the results to be announced in 2Q16. (Thun Hoon, 27/04/16)
COM7
COM7 signed a contract with TRUE to operate 166 True shops in BIGC and Tesco. It expects 2016 revenue to hit Bt17bn with net margin of 3%. (Khao Hoon, 27/04/16)
Comment: New iphone, new macbook, and now a new deal. I’m banging my head against the wall.
DELTA
DELTA reported 1Q16 earnings of Bt1.25bn (+19%) because of lower sales in embedded power supplies and higher expense. (Khao Hoon, 27/04/16)
Comment: It appears that nearly every electronics manufacturing company in the region will have rather weak growth for the foreseeable future

Continue reading Stocks in the news (bay, bjchi, com7, delta, drt, eason, hmpro, kbs, modern, ndr, nwr, pttep, richy, scc, scn, sgp, super, tpch, tpipl, true) 27.04.16

Stocks in the news (amatav, big, bjchi, daii, gpsc, pca, seaoil, sena, super, thcom, top, tsth, tu) 08.04.16

AMATAV
Vietnam government approved “Super South Vietnam investment Plan” project license. AMATAV has budgeted US$23mn to develop a housing project. It expects to get a license for two projects in 3Q16. It is confident that land sales will reach target of 150 rai. (Thun Hoon, 08/04/16)
Comment: Could there be value here that we haven’t discovered yet? Or will it be a typical AMATA performance with a lot of promises but not much follow through
BIG
BIG got good response to the BIG Camera-BIG Festival event. This led sales up 30-40% YoY. It targets 2016 revenue growth of no less than 10%. It plans to increase its share of the high-end camera market to 65% from 55%. (Thun Hoon, 08/04/16)
Comment: They’ve done an amazing job in boosting their sales
 
BJCHI
BJCHI expects 1Q16 net profit of Bt490mn, growth of 204% supported by continued submission of the TUPI job. It expects to sign for its third TUPI job soon. (Kao Hoon, 08/04/16)
DAII
DAII has budgeted Bt20mn to set up a steel nano factory to supply the ASEAN market in the future. It expects to open two new showrooms. It is confident that 2016 revenue will grow 15% from Bt402mn in 2015 driven by its backlog of Bt1150mn. (Thun Hoon, 08/04/16)

Continue reading Stocks in the news (amatav, big, bjchi, daii, gpsc, pca, seaoil, sena, super, thcom, top, tsth, tu) 08.04.16

Stocks in the news (anan, banpu, bcp, bjchi, bwg, epco, forth, fpi, gunkul, ircp, k, l&e, maco, ndr, nok, rs, samart, sawad, tcj, tfd, tkn, tmi, trc, tvt, ubis, wha) 26.02.16

ANAN
ANAN targets 2016 revenue to reach Bt11bn backed by Bt37.2bn backlog. It plans to launch 12 projects, valued at Bt22bn. (Thun Hoon, 26/02/16)
Comment: Seems to be rather conservative estimates coming out from the management team given their backlog, lets see how things unfold during the year

BANPU
BANPU expects net profit to return to the black this year aided by US$70mn extra gain on Hongsa power plant and its coal capacity of 46.1mt/year. It plans to acquire a coal mine in Indonesia. It plans to issue a Bt10bn debenture. (Khao Hoon, 26/02/16)
Comment: Well and there’s a supposed listing of BANPU power..

BCP
BCP is budgeting Bt20bn for add 60 gas stations. It plans to list a subsidiary in 4Q16. (Thun Hoon, 26/02/16)

BJCHI
BJCHI reported its highest net profit at Bt1.32bn in 2015 supported by continuous construction of FPSO’s P75&77 projects. It targets 2016 revenue to grow not less than 15% thanks to Bt3.7bn backlog. It expects to be awarded new projects in April. (Thun Hoon, 26/02/16)
Comment: Impressive results given the huge drop in oil prices

Continue reading Stocks in the news (anan, banpu, bcp, bjchi, bwg, epco, forth, fpi, gunkul, ircp, k, l&e, maco, ndr, nok, rs, samart, sawad, tcj, tfd, tkn, tmi, trc, tvt, ubis, wha) 26.02.16