Tag Archives: eastw

Stocks in the news (eastw, gold, gpsc, kool, nwr, pttep, qh, qtc, uac, sc, siri, smt, thana, top, yuasa) 19.04.16

EASTW
EASTW expects 2Q16 net profit to be peak because of seasonality. It expects 2016 revenue to grow 5% from 2015’s Bt4.65bn brought by continuous demand growth. It plans to list its subsidiary by 4Q16. (Thun Hoon, 19/04/16)
Comment: We’ve been waiting for this UU IPO for quite a while now.
GOLD
GOLD is talking to a prospective partner to invest in property business abroad, with a decision to be made within next year. It targets 2016 revenue of Bt9.77bn driven by transfers. (Thun Hoon, 19/04/16)
GPSC
GPSC expects 1Q16 earnings to be above Bt600mn (+28%YoY, +117%QoQ) mainly driven by Bt180mn dividend from subsidiary RPCL. (Thun Hoon, 19/04/16)
KOOL
KOOL targets 2016 revenue to grow 40% on the back of a marketing campaign and higher sales because of the high temperatures. (Bangkokbiznews, 19/04/16)
NWR
NWR expects to sign contract for motorway (Bang Pa-In – Korat) valued at Bt2.5bn soon. It plans to take part in Bt30bn in bids. It is studying investing in new business which is expected to raise revenue in 2017. (Khao Hoon, 19/04/16)
Comment: The issue here is that they can’t do more than what their balance sheet permits despite their best efforts

Continue reading Stocks in the news (eastw, gold, gpsc, kool, nwr, pttep, qh, qtc, uac, sc, siri, smt, thana, top, yuasa) 19.04.16

Stocks in the news (big, cho, daii, eastw, ecf, epco, fire, grammy, mill, mtls, ori, s, sc, solar, uac) 17.03.16

BIG
BIG adjusts revenue target growth to 15% from 10% supported by camera market growth. It plans to start up “Print Gift” services in May to increase net and gross margins. (Kao Hoon, 17/03/16)
Comment: One interesting tidbit here is with the model cycle, when new models are released the older models will naturally see a drop in price, however BIG’s % margin shall remain the same and it’s the supplier that will be squeezed

CHO
CHO expects 2016 net profit will be better than last year. It expects revenue growth of 5- 10% supported by backlog of Bt650mn. It will know the outcome of its suit against the BMTA in 6 months or a year. (Kao Hoon, 17/03/16)

DAII
DAII sets 2016 revenue target growth at 15%. It plans to find a partner to do home building business in Vietnam. It expects to be No.1 in home building business in five years. (Kao Hoon, 17/03/16)

EASTW
EASTW expects 2016 net profit growth with a new target revenue growth of 5% from 2015 supported by high sales water quantity. It is considering increasing fees to reflect its cost. (Thun Hoon, 17/03/16)

Continue reading Stocks in the news (big, cho, daii, eastw, ecf, epco, fire, grammy, mill, mtls, ori, s, sc, solar, uac) 17.03.16

Stocks in the news (aot, bigc, bjc, eastw, fsmart, kkc, ktc, lit, mint, planb, sccc, smpc, snc, svi, tcap, tnh, top, trc) 15.02.16

AOT
AOT to report 1QFY16 today, profit estimated at Bt4.48bn, growing 20% supported by an 11% rise in passengers to 28.9 million. It expects good earnings in 2Q16. It expects profit in FY2016 of Bt18.5bn based on the ATTA estimate of 13% growth in passenger flow-through in 2016. (Khao Hoon, 15/2/15)
Comment: It should be rather incredible #’s coming out of AOT..yet again
BIGC/TCC
Berli Jucker Plc (BJC) to buy the 58.56% stake in Big C from France-based Casino Group. TCC Group led by billionaire Charoen Sirivadhanabhakdi has assigned subsidiary BJC to make the purchase, borrowing Bt220bn to finance the acquisition. (Bangkok Post, 13/2/15)
Comment: We are curious to see how shareholders of BJC react to this given that they had initially rejected Metro Vietnam at BJC’s first attempt
EASTW
EASTW reported net profit of Bt1.58bn, growth of 18.79%. It reported revenue from sales and services of Bt4.36bn, up 2.94%, on an improvement in the economy. (Khao Hoon, 15/2/15)
Comment: Scale scale scale
FSMART
FSMART reported net profit of Bt272mn, 77% growth. It reported total revenue of Bt1.68bn, up 45%. The board approved a full year dividend of Bt0.15; the, interim dividend of Bt0.02 will be paid in 2H16. (Khao Hoon, 15/2/15)
Comment: Just incredible #’s continuing to come out of FSMART!

Continue reading Stocks in the news (aot, bigc, bjc, eastw, fsmart, kkc, ktc, lit, mint, planb, sccc, smpc, snc, svi, tcap, tnh, top, trc) 15.02.16

Stocks in the news (anan, bcp, ci, cpf, delta, eastw, ecf, epg, hft, k, mtls, pttgc, siam, stpi, tfg, tsth, twpc, wice, wiik) 02.02.16

ANAN
ANAN expects Bt1.8bn cash from transfer of Ideo Mobi Wongsawang Interchange in 3Q16. It expects this to lift 2016 revenue to its target of Bt15bn. (Thun Hoon, 02/02/16)
Comment: Well that’s only a 50% increase in revenue this year..

BCP
BCP has budgeted Bt2.92bn to acquire a 198MW Japan solar power plant. It expects to list its subsidiary by 2016 after its capacity has achieved 410MW. (Thun Hoon, 02/02/16)
Comment: It’s interesting to see that they are acquiring SunEdison Japan…hopefully it won’t be a mess like its recent oil acquisition (pre price drop..)

CI
CI plans to set up a Bt1.4bn REIT. It targets 2016 revenue to grow 15% from last year. (Thun Hoon, 02/02/16)
Comment: Hence why they’ve been engaging in share buybacks

CPF
CPF expects 4Q15 net profit of Bt1.66bn (+106%) aided by Bt1.06bn extra gain from selling CPALL shares, bringing 2015 earnings to Bt11.17bn (5% growth). It expects to pay a dividend of Bt0.45/share. (Khao Hoon, 02/02/16)
Comment: Ohhhh again trading CPALL’s shares has given them a profit!

Continue reading Stocks in the news (anan, bcp, ci, cpf, delta, eastw, ecf, epg, hft, k, mtls, pttgc, siam, stpi, tfg, tsth, twpc, wice, wiik) 02.02.16

Stocks in the news (aqua, banpu, bgt, demco, earth, eastw, eforl, epg, gunkul, ratch, sithai, takuni, ticon, ttcl, tu) 14.12.15

AQUA
AQUA plans to acquire a power business in Japan, expecting to invest in solar power. It expects performance to grow steadily. (Thun Hoon, 14/12/15)
Comment: An advertising company, with a water-related name, investing in solar power. yeahhhhhhhhhhhhhh!

BANPU
BANPU plans to restructure its business with a focus on power. It expects to increase capacity to 4000MW by 2020. It plans to invest in power plants in Laos, Myanmar and China. It plans to expand capacity at its Japan solar farm to 200MW. It targets coals sales of 42mn tons next year. (Thun Hoon, 14/12/15)
Comment: Well they had better do something to shift away from the dying industry that is coal.

BGT
BGT expects to increase 2016 net margin to 7% even though 2015 net margin will be lower than 1%. It expects to expand to Myanmar and open 5-6 branches. It expects exports to contribute revenue of Bt11mn/year. It is considering investing in Cambodia. It expects 2015 revenue growth to achieve target of 10%. (Thun Hoon, 14/12/15)
Comment: I’ve always liked the CEO of BGT, he knows and understands the retail business very well but not many people care for the Bodyglove brandname.

DEMCO
DEMCO plans to take part in the Bt10bn EGAT and PEA bidding. It plans to invest in running tap water lines from hydropower plants in Laos. It plans to hedge risk from windmill power by using large engineering companies and buying more insurance. It is confident it will have no problems at its three new projects (Khao Kho, Watabaek, and Had Gunghang). (Thansetthakij, 14/12/15)
Comment: Over the next 3-6 months expect to see a lot of news surrounding demco’s turnaround efforts

Continue reading Stocks in the news (aqua, banpu, bgt, demco, earth, eastw, eforl, epg, gunkul, ratch, sithai, takuni, ticon, ttcl, tu) 14.12.15

Stocks in the news (ap, beauty, becl, bmcl, bem, cbg, ck, daii, demco, ea, eastw, ifec, jsp, mono, ncl, planb, samart, seafco, sprc, tfg, tmill, ureka) 09.12.15

AP
AP and Mitsubishi launched Life Pinklao project, valued at Bt3.1bn on Nov 21. It expects this to achieve presales of 40% by this year. It expects this to support demand for premium condo in this location. (Khao Hoon, 09/12/15)

BEAUTY
BEAUTY expects 4Q15 earnings to peak on seasonality and large orders. It expects 2015 revenue to grow 20% from 2014’s Bt1.38bn thanks to a broader customer base both local and overseas. Management plans to introduce a new business plan in January 2016. (Thun Hoon, 09/12/15)
Comment: And they continue to buck the trend by posting great SSSG numbers

BECL/BMCL The cabinet has approved the amalgamation of BECL and BMCL with a new ticker, BEM. BECL will hold a joint shareholder meeting (BECL-BMCL) on Dec 28. Trading in BECL and BMCL shares will be suspended from Dec 21-30. (Thun Hoon, 09/12/15)
Comment: I am absolutely curious to see if BEM will become a must have investment for institutional investors, it just sounds right.

CBG
CBG is talking to a prospective partner in Indonesia which it expects to finalize in 1Q16. It expects this to increase its exports. It expects 2015 net profit to mark a new high backed by numerous orders. It expects 2016 revenue to grow 10% from this year. (Thun Hoon, 09/12/15)
Comment: We’ve heard this story before….ICHI, SAPPE, “we’re expanding to indonesia and growth will be amazeballs” Neither of the two have exactly panned out just yet, such things take years of development and marketing

CK
CK bids lowest for Bt23.4bn dual-track project (Jira – Khon Kaen). It expects to sign the contract with the SRT this year, as well as the Chachoengsao – Kang Koi dual-track project. It expects the SRT to ask approval from the cabinet on Dec 15. (Khao Hoon, 09/12/15)
Comment: They are carving up the pie nicely, first STEC, now CK, so now its either ITD or UNIQ that wins the next project

Continue reading Stocks in the news (ap, beauty, becl, bmcl, bem, cbg, ck, daii, demco, ea, eastw, ifec, jsp, mono, ncl, planb, samart, seafco, sprc, tfg, tmill, ureka) 09.12.15

Stocks in the news (22.10.15)

Names today: AIT, ILINK, BKD, CHOW, DELTA, DEMCO, EASTW, EPCO, FORTH, LIT, MCS, QH, SAMCO, SUSCO

AIT
AIT cooperating with ILINK to invest in a data center. It has got a Bt600mn job which is expected to start up in 2016. It expects this to boost performance next year. It expects 2015 revenue of Bt5.2bn with Bt3.2bn work on hand. (Thun Hoon, 22/10/15)
Comment: Quite clever that these two firms are going to work together with the data center’s.

BKD
BKD expects 2016 revenue to be good on the back of Bt2.7bn backlog. It expects 2015 revenue of Bt1.3bn. (Khao Hoon, 22/10/15)

CHOW
CHOW expects 2016 net profit of Bt350mn. It plans to list its subsidiary soon. 3Q15 performance is expected to grow from 2Q15 because of numerous orders and revenue contribution from solar farm in Japan. (Thun Hoon, 22/10/15)
Comment: The expansion to Japan is will begin full contribution next year, and I am curious to see how the Thai firms GUNKUL and CHOW deal with the currency fluctuation.

DELTA
Hong Kong investors are interested in DELTA shares because of its strong fundamentals and good financial status. It expects this deal to be finalized soon. It expects 2015 revenue to grow 5-10% from 2014’s Bt45bn backed by high demand and the weaker bath. (Thun Hoon, 22/10/15)

Continue reading Stocks in the news (22.10.15)

Stocks in the news (aot, bdms, big, chow, cwt, eastw, nusa, planb, pttep, samart, sgp, siam, spcg, uwc) 23.09.15

AOT
AOT’s board has approved a computerized passenger-screening system at its six international airports on December 1. International passengers will be charged for this. It expects this to increase revenue by Bt120mn. (Khao Hoon, 23/09/15)
BDMS
BDMS expects 2015 revenue to grow 12% as targeted. It has a goal of 50 operating hospitals. It plans to open a Neuroscience Center. (Khao Hoon, 23/09/15)
BIG
BIG has asked for shareholder approval to reduce registered and paid-up capital from Bt882.21bn to Bt352.88bn by means of reducing the value of each share from Bt0.25 to Bt0.10 to write off negative retained earnings and discount on capital. Management expects this business restructure to support future business growth. (Thun Hoon, 23/09/15)
CHOW
CHOW plans to operate 3.5MW more in solar farms in Japan, which will increase total capacity by 12MW. It plans to invest more. (Khao Hoon, 23/09/15)
Comment: They are actively looking for projects throughout the region. Then again so are many other companies in the space, its just a question of how much is one willing to pay.
CWT
CWT expects to sign the PPA for a 9.9MW waste power plant after completing the public hearing. It expects the sale of ordinary shares via PP to be successful. It expects to show a net profit in 3Q15 from 3Q14 net loss of Bt1.73mn aided by large orders. (Khao Hoon, 23/09/15)

Continue reading Stocks in the news (aot, bdms, big, chow, cwt, eastw, nusa, planb, pttep, samart, sgp, siam, spcg, uwc) 23.09.15

Stocks in the news (bjc, chow, eason, eastw, eforl, gunkul, ilink, kamart, tuf, tvo, ureka, uv, wha) 17.09.15

BJC
BJC expects 2015 performance to be better than 2014 aided by new products and increasing domestic purchasing power. It is talking to a prospective partner to invest in Vietnam and expects talks to be finalized soon. (Thun Hoon, 17/09/15)
CHOW
CHOW is doing a test run of its 3.5MW power plant which it expects to come on line in September (supply 12MW). It expects 3Q15 earnings to be good backed by revenue from power plant and steel businesses. It plans to list a subsidiary soon. (Thun Hoon, 17/09/15)
EASON
EASON expects 3Q15 earnings to be good aided by Bt20mn from selling shares in a subsidiary and high demand. It expects 2015 revenue to grow 10% from 2014’s Bt503mn thanks to high orders. (Thun Hoon, 17/09/15)
EASTW
EASTW reported 1H15 revenue of Bt2.2bn with net profit of Bt805mn (+8.41%). It plans to list subsidiary “UU” in 1Q16. (Thun Hoon, 17/09/15)
EFORL
EFORL has sold 9mn WCIH shares at Bt55/share (9% stake). It will use the funds to increase capital in WCIH and plans to list it soon. (Thun Hoon, 17/09/15)
Comment: Still no idea who the buyer was for the WCIH shares, still rather strange that they would use EFORL to buy WCIH and then have to list WCIH as a separate entity

Continue reading Stocks in the news (bjc, chow, eason, eastw, eforl, gunkul, ilink, kamart, tuf, tvo, ureka, uv, wha) 17.09.15

Stocks in the news (ajd, aot, bcp, bkd, city, demco, eastw, forth, hmpro, kkc, paf, pca, prin, ptt, sgp, singer, solar, thcom, trt, upa) 31.08.15

AJD
AJD expects to sign contract with YTO Express in September. It plans to invest in the logistics business in Thailand soon. (Khao Hoon, 31/08/15)
AOT
AOT expects to invest in Suvarnabhumi phase 2, valued at Bt56bn, by the end of this year. Management expects performance to be good as total passengers grew 14% in the first eight months of the year. It targets 50mn passengers this year. (Thun Hoon, 31/08/15)
Comment: And when you talk to construction co’s or project consultants, they all raise their eyebrows b/c AOT can’t talk about project value until they’ve consultant with these folks.
BCP
BCP reported 2Q15 net profit and EBITDA of Bt4.05bn and Bt10.4bn respectively aided by high utilization rate at 115KBD. It expects stock loss in 3Q15 but this loss will not impact cash. It plans to acquire a 30-41MW power plant abroad. It plans to add 350-400 new gas stations by 2020. (ASTV, 31/08/15)
BKD
BKD has gotten a Bt200mn interior decoration job for a hotel overseas. It expects to get more jobs from Laos after it has got a Bt70mn from Chip Mong Land Co., Ltd. It targets exports to grow 10%. 2H15 net profit is expected to be good aided by seasonality. It plans to bid for Bt1bn in jobs, of which it expects to get 50%. (Thun Hoon, 31/08/15)

Continue reading Stocks in the news (ajd, aot, bcp, bkd, city, demco, eastw, forth, hmpro, kkc, paf, pca, prin, ptt, sgp, singer, solar, thcom, trt, upa) 31.08.15