Tag Archives: br

Stocks in the news (advanc, bem, br, brr, ecf, egco, pstc, seafco, smt, tcmc, top, tru, tsr) 29.06.16

ADVANC
ADVANC made ITS first payment of Bt8.6bn with A Bt72.3bn bank guarantee for 900MHz. It expects to handle 2G clients before being shut down. It expects higher earnings from less expense of Bt4bn. (Khao Hoon, 29/06/16)
Comment: There’s a lot of analysts expecting 2Q16 to be the peak for ADVANC earnings for the next 2 years
 
BEM
BEM expects 2016 net profit of Bt2.1bn mainly driven by MRT. (Khao Hoon, 29/06/16)
BR
BR expects to revise down 2016 revenue target growth from 10-15% because of higher competition in Europe, and excess supply in Poland and Hungary. (Post Today, 29/06/16)
BRR
BRR expects an increase in revenue from biomass power plants from Bt19mn/month to Bt25mn/month after it changed from adder scheme to FiT scheme. (Khao Hoon, 29/06/16)
Comment: Completely forgot that some sugar companies will benefit somewhat from this as well.

Continue reading Stocks in the news (advanc, bem, br, brr, ecf, egco, pstc, seafco, smt, tcmc, top, tru, tsr) 29.06.16

Stocks in the news (br, chow, daii, earth, epg, esso, gold, ihl, impact, ircp, lhk, s, samtel, uniq) 09.06.16

BR
BR expects 2016 revenue growth OF 10-15% supported by recovery in sales in 2H16. It plans to develop a new project to increase its margin. It expects to conclude a JV in Hong Kong in 1-2 months which is a key to expanding to Indonesia. (Thun Hoon, 09/06/16)
Comment: Cheap on valuations, so so on growth prospects
 
CHOW
CHOW sets 2016 revenue target growth at 50% to reach Bt4bn. It expects to sell 180k tons of steel, supported by government projects and higher price. It expects to start up a 30.5MW power plant by the end of this year and will list “CHOW Energy” on mai this year. (Kao Hoon, 09/06/16)
Comment: They have spent the last 12 months accumulating PPA’s in Thailand and solar power projects in Japan. Will be interesting to see the financial performance of those plants 
 
DAII
DAII has cut its 2016 revenue target growth to 10% from 15% as sales of construction materials has slowed. It expects to book an extra item from sale of land in 3Q16 which will push 2016 profit to grow more than last year. It plans to expand in Vietnam. (Kao Hoon, 09/06/16)
EARTH
EARTH expects 2Q16 earnings to be good supported by high season. It is certain that 2016 revenue will grow 10% from last year’s Bt17.1bn as it has a wider customer base. It expects to finish the deal for a solar farm in Europe this year. (Thun Hoon, 09/06/16)

Continue reading Stocks in the news (br, chow, daii, earth, epg, esso, gold, ihl, impact, ircp, lhk, s, samtel, uniq) 09.06.16

Stocks in the news (a, br, bts, eforl, gcap, intuch, irpc, itd, jsp, kcm, mill, ndr, seafco, synex) 01.04.16

A
A targets 2016 revenue of Bt7bn compared to 2015’s Bt5.43bn thanks to large orders. It plans to launch Bt20bn projects, raising backlog from Bt2bn and covering revenue through 4Q16. It is budgeting Bt600mn to buy land for new projects. (Thun Hoon, 01/04/16)
Comment: This relatively small property developer has been on my radar ever since I met the owner years ago, they have this potentially huge project on Rajadamri that they’ve been planning to develop for years
BR
BR expects 2016 net profit to be better than 2015’s Bt550mn. It targets revenue to grow 10-15%. It has budgeted Bt1.2bn to invest in slaughterhouse, ready-to-eat food production, and farm expansion. It expects its association plan with Indonesian investors to be concluded in 2Q16. (Khao Hoon, 01/04/16)
Comment: It does seem to be a recovery year for every food related company, chicken, pork, tuna you name it.
BTS
BTS is budgeting Bt100bn to take part in MRT bids (Yellow and Pink lines). It has budgeted Bt750mn to purchase shares from Line Biz Plus via its subsidiary (RabbitPay). It expects this to be completed by Apr 25. It expects this to support electronic and online payment. (Thun Hoon, 01/04/16)
Comment: Their expansion with Line has me incredibly excited. If they play their cards right they could become the first major online payment platform in Thailand
EFORL
EFORL targets 2016 revenue of Bt5bn with net profit margin of 10%. It expects this to be mainly driven by being a distributor of medical instruments and apparatus and health and beauty business. It is budgeting Bt100mn to open 20 more Wutthisak clinics in Thailand. It plans to expand to CLMV. (Khao Hoon, 01/04/16)
Comment: No Snail Farm comment this time?

Continue reading Stocks in the news (a, br, bts, eforl, gcap, intuch, irpc, itd, jsp, kcm, mill, ndr, seafco, synex) 01.04.16

Stocks in the news (advanc, bjchi, bkd, br, eforl, jsp, major, mono, mtls, pace, pf, pimo, polar, rs sc, stpi, tnpc, vgi) 04.02.16

ADVANC
ADVANC expects to report 2015 earnings of Bt38bn. It expects to pay a dividend of Bt6/share, equal to 3.5% dividend yield. (Khao Hoon, 04/02/16)
Comment: Well that’s proven to be wrong, the first dividend to be paid out is THB 6.49 / share…
BJCHI
BJCHI say it is not worried about the downtrend of oil and gas industry as it plans to implement cost control. It targets 2016 revenue to grow not less than 15%. It took part in Bt6.5bn in bids. (Thun Hoon, 04/02/16)
BKD
BKD expects 4Q15 earnings of Bt44mn, up 160%. This will bring 2015 net profit to Bt170mn (+80%). (Khao Hoon, 04/02/16)
BR
BR expects to complete a deal with an Indonesian partner by 1Q16. It is studying taking over local and international companies. It plans to distribute its products in Laos, Cambodia, and Myanmar. It expects 2016 revenue growth of 10-15% backed by fast food and high demand during Chinese New Year. (Thun Hoon, 04/02/16)
Comment: Well it should be no brainer for BR to diversify its revenue sources further throughout the region..
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Continue reading Stocks in the news (advanc, bjchi, bkd, br, eforl, jsp, major, mono, mtls, pace, pf, pimo, polar, rs sc, stpi, tnpc, vgi) 04.02.16

Stocks in the news (acd, ah, aq, asefa, br, bsm, ck, cpall, fer, focus, gpsc, ichi, lpn, pdi, preb, prin, singer, svoa, tluxe, work) 28.08.15

ACD
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
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
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
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)

Continue reading Stocks in the news (acd, ah, aq, asefa, br, bsm, ck, cpall, fer, focus, gpsc, ichi, lpn, pdi, preb, prin, singer, svoa, tluxe, work) 28.08.15