Tag Archives: com7

Stocks in the news (aav, bay, bigc, centel, ck, com7, cpf, cwt, gold, ichi, ocean, uwc) 09.09.16

AAV
AAV expects 3Q16 to grow 20%, driven by Chinese tourists. It plans to open four more routes after already adding 10 routes this year. It is ready for the AOC assessment on Sept 12. (Thun Hoon, 7/9/16)
Comment: A discussion with the founder, T.F., indicates that he’d like to take back all of the Air Asia’s that aren’t fully under his control. I wonder what the outcome shall be for Air Asia Thailand
 
BAY
BAY goes for home loans with interest rates of 4-5% for seven years. It targets new home loans to grow from Bt52bn to Bt65bn and limited NPLs at 2.5-2.6%. (Khao Hoon, 9/9/16)
Comment: This is an amazing movement, don’t be surprised to see more and more clients shift to BAY
 
BIGC
BIGC to renovate Mahachai branch for Bt100mn. It plans to expand the area by 15,920 square meters. (Khao Hoon, 9/9/16)
CENTEL
CENTEL expects to perform well in 2H16, driven by its food business. It plans to expand its business abroad and buy a hotel in Dubai. (Thun Hoon, 7/9/16)
CK
CK increases revenue target to Bt44-45bn from Bt35-38bn. It plans to bid in the Bt200bn government project bids, lifting its backlog above Bt100bn. It says 2016 earnings will be better than 2015. (Thun Hoon, 7/9/16)
COM7
COM7 expects iPhone7 to boost sales. The iPhones will be available at stores around October this year. (Khao Hoon, 9/9/16)
Comment: It had a little pop pre the iPhone7 announcement but the market just took it down with everything else.

Continue reading Stocks in the news (aav, bay, bigc, centel, ck, com7, cpf, cwt, gold, ichi, ocean, uwc) 09.09.16

Stocks in the news (age, anan, banpu, bm, chow, com7, gl, ihl, ktis, pdg, sst, tfg, tm, trc, twpc, twz) 08.09.16

AGE
AGE has orders of more than 300K tons from China. It expects export portion to rise to over 20%. It plans to increase coal sales to 200K tons, with service revenue rising to Bt300mn. (Thun Hoon, 08/09/16)
ANAN
ANAN expects 2H16 earnings to be better than first half supported by backlog of Bt38.5bn, of which more than Bt8.39bn will be booked in 2H16. It plans to open eight new projects with a total value of Bt19bn. It reports presales of Bt10.3bn in the first eight months of the year. (Kao Hoon, 08/09/16)
Comment: Next year is supposedly their “harvest” year as they call it.
 
BANPU
BANPU got funds of Bt5bn from the conversion of 993mn units of BANPU-W3. It will set the rights ratio and offer price for the BPP IPO on Sep 26. (Kao Hoon, 08/09/16)
BM
BM cuts 2016 target revenue growth to 10% from 20% in response to the economic slowdown. It is talking with a party in Myanmar to set up a factory. (Kao Hoon, 08/09/16)
CHOW
CHOW expects to start commercial operations of a 5MW power plant in Japan, which will push 2016 capacity up to reach 28.5MW. It plans to invest in a solar farm in the Philippines. It expects a profit in 2016 thanks to growth in steel sales. It is confident that revenue will reach its target of Bt4bn and targets a doubling in steel sales to 140k tons. (Thun Hoon, 08/09/16)
COM7
COM7 expects 2H16 earnings to grow. It expects 4Q16 sales to be good due to high season and the launch of iPhone 7. It expects 2016 sales to be over Bt17bn. (Kao Hoon, 08/09/16)
Comment: Well it had the little pop and now along with the rest of the market it’s falling.
 
GL
Group Lease strengthens ties with Sri Lankan financial group – SET-listed microfinance company Group Lease (GL) plans to collaborate further with Commercial Credit & Finance, a Sri Lankan financial group, to strengthen its microfinance businesses in Indonesia and Cambodia after GL acquired a microfinance company in Myanmar from a Commercial Credit shareholder. (The Nation, 08/09/16)
Comment: So they have Thailand, Indonesia, Laos, Cambodia, and Myanmar. 

Continue reading Stocks in the news (age, anan, banpu, bm, chow, com7, gl, ihl, ktis, pdg, sst, tfg, tm, trc, twpc, twz) 08.09.16

Stocks in the news (ap, big, cgd, cmo, com7, dna, earth, dna, earth, earth, gold, kool, ktb, samco, synex, tfg, tsr) 05.07.16

AP
AP expects 2Q16 earnings to continue to grow, supported by its transfers. It expects 2016 revenue will hit target at Bt23.7bn supported by backlog of Bt12.9bn and the launch of 13 new projects. (Thun Hoon, 05/07/16)
BIG
BIG has opened its “WONDER PHOTO SHOP”, its first outlet for printing photos from smartphones. This has received good response. It expects 2016 revenue growth of 15%. It expects the camera market to continue to grow in 2H16. (Kao Hoon, 05/07/16)
Comment: Knowing how the consumer market works here, this may be incredibly popular for 12-18 months and then die off
 
CGD
CGD bought a school in UK for Bt848mn. It expects to book revenue of £600bn in 2H16. (Kao Hoon, 05/07/16)
CMO
CMO unveils new business strategy – CMO is marking its 30th anniversary by focusing more on tourism and its entertainment-and lifestyle-related business on top of its core eventmanagement operation as it aims to achieve a revenue target of Bt2 billion within two years. (The Nation, 05/07/16)
COM7
COM7 expects 1H16 earnings to be strong supported by the launch of “iPhone SE”. It expects 2016 revenue of Bt17bn. It plans to open 100,000 numbers within one year. (Kao Hoon, 05/07/16)
Comment: And we have the iPhone 7 coming!

Continue reading Stocks in the news (ap, big, cgd, cmo, com7, dna, earth, dna, earth, earth, gold, kool, ktb, samco, synex, tfg, tsr) 05.07.16

Stocks in the news (ba, com7, ea, jmt, ocean, ptt, ratch, sappe, sf, siri, tcap, tmt, tvd, xo) 20.06.16

BA
BA expects 2016 revenue and net profit to mark a record high aided by increasing flights, opening new routes and lower oil price. It is talking to four airlines partner about code sharing and expects to expand to 25 airlines in 2017. It plans to cooperate with Bangkok Hospital to provide ambulance flights this year. (Thun Hoon, 20/06/16)
Comment: Thai Airways, Nok Air, have a look at this management team and learn how to run an airline business properly
 
COM7
COM7 expects 2H16 earnings to be good driven by TRUE shops and iPhone7. It expects 2016 revenue to reach Bt17bn backed by higher sales and revenue contribution from management services. (Thun Hoon, 20/06/16)
Comment: The relationship with True was a positive surprise. Iphone 7 launch in a couple of months, earnings should be rather steady for this company for the next 9 months.
 
EA
EA says solar farm at Phitsanulok supplies more than 693,000units of electricity. Its capacity is 278MW. It expects 126MW wind power to operate in 3Q16. (Khao Hoon, 20/06/16)
JMT
JMT expects to show net profit in 2Q16 from 1Q16 net loss of Bt15mn after extending the booking period to 10 years for acquiring debt. It plans to acquire Bt20bn bad debt from financial institutions. It expects this to boost 2016 revenue by 15%. It plans to expand to Laos and Vietnam. It plans to offer nano-finance in Myanmar in 2017. (Thun Hoon, 20/06/16)
Comment: GL part 2? JMART as a group already has a presence there so entry into that country isn’t an issue 

Continue reading Stocks in the news (ba, com7, ea, jmt, ocean, ptt, ratch, sappe, sf, siri, tcap, tmt, tvd, xo) 20.06.16

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

Management Trades 21/03 – 25/03

Buy(s) THB 304 mn
  • IFEC – Hmmm should we really believe in this IFEC story?
  • BA – And he’s still buying and buying and buying
  • TFG – The Chairman decides to buy another THB 25 mn worth of shares
Sell(s) THB 240 mn
  • IFEC – Nope!
  • TVT – So has it peaked for TV content?
  • COM7 – Iphone SE ! mgmt_trades

Stocks in the news (ajd, arrow, banpu, bcp, big, bkd, com7, delta, ilink, itd, ivl, mtls, pdi, pk, plat, ptt, ratch, robins, sci, takuni, tk, ttw, uniq) 23.02.16

AJD
AJD is studying investment in logistic business. It expects 2016 performance to be good on the back of its Top-Up business. (Thun Hoon, 23/02/16)
Comment: No comment, tired of the rubbish coming out of this firm.
ARROW
ARROW reported net profit of Bt245.2mn, growth of 65.24%, supported by decrease in raw materials cost. The board approved a dividend on 2H16 of Bt0.40/share, XD on April 29. (Khao Hoon, 23/02/16)
Comment: Boom knock out earnings *smash head against the wall for missing this*
BANPU
BANPU reported 2015 net loss of Bt1.5bn due to a slowdown in the coal business and booking losses from its electricity business in Laos. It has set a five-year budget of US$554mn to support growth further. (Khao Hoon, 23/02/16)
Comment: They have suffered and suffered like every other commodity player in coal…
BCP
BCP shows profit in 2015 of Bt4.15bn supported by GRM of above US$9. It will pay a dividend of Bt1/share, XD on 2 March 2016. (Khao Hoon, 23/02/16)
BIG
BIG will report earnings today with profit expected at more than Bt380mn or growth of 180% from 2014, supported by rising sales of mirror-less cameras. (Khao Hoon, 23/02/16)

Continue reading Stocks in the news (ajd, arrow, banpu, bcp, big, bkd, com7, delta, ilink, itd, ivl, mtls, pdi, pk, plat, ptt, ratch, robins, sci, takuni, tk, ttw, uniq) 23.02.16

Stocks in the news (com7, ea, fire, fpi, gl, hmpro, iec, ihl, major, mfec, sc, solar, sprc, thcom, ttcl, uac) 15.01.16

COM7
Local institution is interested in COM7 shares because of its strong fundamental. It plans to invest in Hobby Plus to increase revenue. It targets 2016 revenue growth of 15% aided by focusing on online market and expanding its customer base. (Thun Hoon, 15/01/16)
Comments: It’s been on a tear in the past few months, a combination of acquisitions and the government spending incentive all helped.

EA
EA expects 4Q15 earnings to be good boosted by revenue contribution from every project. It plans to invest Bt23bn in a wind power plant. It is looking for partner. (Thun Hoon, 15/01/16)
Comment: No surprise here, everything still seems to be on track

FIRE
FIRE expects 2016 revenue to grow 20% aided by expanding abroad with a focus on Cambodia. It is budgeting Bt100mn to invest in Cambodia by as a distributor or outright acquisition. It expects this to be clear in 2017. It expects 2018 revenue of Bt1bn. (Khao Hoon, 15/01/16)

FPI
FPI expects 2016 revenue to be good after it has set up a JV in India. It expects this to increase orders by Bt300mn. It expects 2016 net profit to rise backed by the baht depreciation. It targets 2016 revenue growth of 20%. It has budgeted Bt150mn for investment. (Thun Hoon, 15/01/16)

GL
GL expects high 2015 net profit growth with a record high in 4Q15 driven by HP in Laos and Cambodia. It expects net profit to grow 96% on average for the next three years. (Khao Hoon, 15/01/16)
Comment: A former darling of ours and well they would have to grow at these levels just to justify their existing valuation

Continue reading Stocks in the news (com7, ea, fire, fpi, gl, hmpro, iec, ihl, major, mfec, sc, solar, sprc, thcom, ttcl, uac) 15.01.16

Stocks in the news (ah, bjchi, cho, com7, dtac, earth, ifs, kce, mcs, mtls, sawad, stec, tae, tfd, thcom, tsr, uac) 11.01.16

AH
AH expects 2016 sales to grow 5-6% backed by automotive sector recovery. It expects to increase revenue by focusing on making molds, which increases its gross margin. (Thun Hoon, 11/01/16)
Comment: Rubbish, this company hasn’t performed for a decade.
BJCHI
BJCHI expects 4Q15 earnings to reach a record high aided by transfers and the baht depreciation. It targets 2016 revenue growth of 15%. (Thun Hoon, 11/01/16)
CHO
CHO plans to expand to Myanmar, Malaysia, and Indonesia. It expects this to contribute Bt100mn revenue this year. It targets 2016 revenue of Bt1.6bn with a 6% net margin. It is budgeting Bt100mn to invest in two garages. (Thun Hoon, 11/01/16)
COM7
COM7 expects 2016 net profit of Bt417mn (50% growth from 2015’s Bt281mn) backed by the switch to 4G by 10mn subscribers. (Khao Hoon, 11/01/16)
Comment: Waiting for the iphone7

Continue reading Stocks in the news (ah, bjchi, cho, com7, dtac, earth, ifs, kce, mcs, mtls, sawad, stec, tae, tfd, thcom, tsr, uac) 11.01.16

Stocks in the news (asimar, com7, cpn, css, eic, gc, mill, pdg, qlt, seafco, sena, spa, super, sutha, tsr, uniq) 05.01.16

ASIMAR
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
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
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
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
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…

Continue reading Stocks in the news (asimar, com7, cpn, css, eic, gc, mill, pdg, qlt, seafco, sena, spa, super, sutha, tsr, uniq) 05.01.16