ADVANC reports more than 500,000 of its 2G clients have upgraded to 3G. It aims at getting more than 10mn 4G users from 4.4mn now. It has budgeted of Bt40bn to expand its business in 2016. (Kao Hoon, 29/2/16)
Comment: The number we read this morning from the news was 5 mn users already.
BBL announces a full-year dividend of Bt6.50/share. (Thun Hoon, 29/2/16)
BEAUTY reported net profit in 2015 of Bt402.5mn, up 33.65% supported by total revenue growth of 29.36% to Bt1.79mn from expanding its branches. It will pay a dividend in 2H16 of Bt0.83/share, XD on April 28. (Kao Hoon, 29/2/16)
Comment: And they keep growing!
BEM reported 2015 net profit of Bt2.65bn supported by higher toll and fare revenue. It had total revenue of Bt13.1bn with total assets of Bt78bn. It will pay a dividend of Bt0.07/share. (Thun Hoon, 29/2/16)
Comment: At what point will BEM do what BTS did and spin off the assets to an infrastructure REIT?
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 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 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 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 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…
ANAN targets 2016 revenue of Bt14.5-15.5bn (43% growth) backed by Bt38bn backlog. It targets sales of Bt21.5-22.5bn with 32% gross margin. It is confident 2015 revenue will reach target of Bt10-11bn. It plans to launch ten projects, valued at Bt22-23bn, next year. (Thun Hoon, 18/12/15)
Comment: Perhaps one of the few property companies still growing in Thailand
AJD expects 4Q15 earnings to be good backed by Top-Up machines. It plans to add 50,000 ToUp machines next year. (Thun Hoon, 18/12/15)
Comment: Follow this name at your own risk.
ASEFA expects orders to surge from mega projects and growth in data centers. (Thun Hoon, 18/12/15)
BCP is budgeting Bt3bn to expand its oil retail business in 2016. It plans to open 60 gas stations and also focus on non-oil business for sustainable growth. (Khao Hoon, 18/12/15)
CRANE expects performance to turn around next year backed by demand. It expects 2015 revenue to achieve its target. It is talking to a prospective partner to invest abroad. (Thun Hoon, 18/12/15)
Comment: It has consistently been an undervalued stock despite the fact that core business has always done ok.
AUCT will focus on urban areas in the east next year and is preparing to expand its line of business to boost revenue. (Khao Hoon, 26/11/15)
Comment: Still a wonderful asset-light business model, but don’t care much for its valuation at the moment
CSS expects to have 2015 revenue of Bt4.8bn and get a project in Myanmar on the boom in communication. Its current backlog is now Bt1.3bn. (Thun Hoon, 26/11/15)
Comment: With a backlog of only thb 1.3bn there’s no way it can justify its current valuation….but retail seems to believe otherwise, management obviously doesn’t give his continuous selling of stock
DTAC reports that roaming data usage this year has grown 50% with voice roaming slipping around 10%. Total revenue from roaming is Bt600mn, close to last year. (Khao Hoon, 26/11/15)
EGCO plans to 5-year investment of Bt91bn in order to expand power plants. It expects to generate profit of Bt10bn in 2017. (Thun Hoon, 26/11/15)
Comment: There’s something interesting happening here with EGCO being one of the few utility companies to potentially grow 20% p.a. for the next 5 years.