Tag Archives: ecl

Stocks in the news (abc, ah, aot, asefa, ck, cpn, dcon, delta, ecl, gunkul, ifec, irpc, itd, loxley, phol, pps, tpch) 26.08.16

ABC
ABC is ready to start presales of ABOVE Sukhumvit 39 condo. It expects presales to reach 70-80%. It expects to wipe out its retained losses this year. (Thun Hoon, 26/08/16)
Comment: Argh….I’m bored of reading news about this company
AH
AH maintains 2016 revenue growth target at 5%, aligning with the auto industry. It expects 2H16 revenue to be better than 1H16 on the back of large orders. Its investment budget is Bt300400mn. It targets net margin to reach 10% in 2020. (Khao Hoon, 26/08/16)
Comment: With the reduced number of shares from their buybacks, a slight improvement in performance, could this company, for the first time in … a decade be the best performer out of all the automotive manufacturers?
AOT
AOT is budgeting Bt190bn to invest in six airports. It expects four contracts for Suvarnabhumi phase 2 to put up for bid by 2016. (Thun Hoon, 26/08/16)
Comment: Wow. If this really does happen could AOT hit 1,000? I wouldn’t bet against it.
 
ASEFA
ASEFA expects 2H16 performance to be good on seasonality. Its backlog is Bt1.82bn, of which it expects to book 60-65% this year. It plans to take part in Bt2.5bn bids and to get Bt700mn of this, which will raise backlog to Bt2bn. It targets 2016 revenue to rise 20%. (Khao Hoon, 26/08/16)
CK
CK revised up 2016 revenue target to Bt480bn from Bt38bn, backed by Bt80bn backlog, with project transfers expected soon. It plans to take part in Bt35bn in bids and to get the Bt25bn MRT Blue Line extension this year . (Khao Hoon, 26/08/16)
Comment: I wonder how the news decided THB 480 bn in revenue was possible?
CPN
CPN is budgeting Bt60bn to invest in five new department stores and to renovate five others. It targets 34 stores within 2018. It plans to expand to Vietnam and Indonesia. It targets 2016 revenue to grow 15%. (Khao Hoon, 26/08/16)
Comment: Watch them open a mall in Vietnam and Malaysia. 
 
DCON
DCON expects 3Q16 earnings to be good aided by numerous orders. It targets 2016 revenue to reach Bt1.1bn brought by transfers. It expects an extra gain of Bt105mn from selling land at Lopburi, booked in 2017 . (Thun Hoon, 26/08/16)
DELTA
DELTA plans to focus on ASEAN market because of higher demand. It plans for the ASEAN market to contribute 10% revenue. It also plans to focus on India. It plans to invest in an R&D center, with revenue from this in 2017. (Thun Hoon, 26/08/16)

Continue reading Stocks in the news (abc, ah, aot, asefa, ck, cpn, dcon, delta, ecl, gunkul, ifec, irpc, itd, loxley, phol, pps, tpch) 26.08.16

Stocks in the news (bcp, dtac, ecl, gfpt, ktis, mfec, oto, sappe, seafco, siam, spali, ssi, tmb, twpc) 06.10.15

BCP
BCP expects earnings to be better than peers after it sold a futures contract for high quality fuel oil in 2Q15. This minimizes the impact from weakening refinery margin. It expects its solar farm to contribute Bt700mn net profit/quarter. (Thun Hoon, 06/10/15)
Comment: The combination of a high margins and the expansion into renewables have resulted in this stock price not dropping along with other companies in the energy sector
DTAC
DTAC plans to offer Payment Gateway service. It expects 2015 revenue of Bt3.5bn (+25%YoY). It plans to improve services to make them easier to use. It targets 30% revenue growth in 2016. It plans to introduce E-Wallet in November. (Khao Hoon, 06/10/15)
ECL
ECL plans to do a M&A. It plans to expand its logistics business, as well as car and truck rentals. It expects to do a JV with PFS (stake not less than 25%), hoping this will make it a leader in the leasing business. It expects 3Q15 earnings to be good backed by a JV. 2015 revenue is expected to grow 30%. (Thun Hoon, 06/10/15)
GFPT
GFPT expects 3Q15 earnings to recover backed by seasonality and increasing chicken price because of lower supply from the bird flu in US and Europe. It expects chicken price of Bt39-40/kg. (Thun Hoon, 06/10/15)
Comment: Still the best chicken company around

Continue reading Stocks in the news (bcp, dtac, ecl, gfpt, ktis, mfec, oto, sappe, seafco, siam, spali, ssi, tmb, twpc) 06.10.15

Stocks in the news (anan, atp30, bkd, chg, ecl, forth, fpi, gpsc, intuch, mill, nwr, planb, pttep, ratch, rs, samco, sappe, spcg, super, tasco, thai, tgpro, tk, tpch, tuf, uv) 14.08.15

ANAN
ANAN launches 4 new projects worth of Bt11bn. It has set a presales target of 40% per project within Aug 12-16. It is cooperating with Thai Samsung Electronics. (Khao Hoon, 14/8/15)]
Comment: And they’re spending quite the small fortune on marketing these projects, you can see their advertisements everywhere in Bangkok

ATP30
ATP30 IPO price at Bt0.95/share with 24.59% discount. It plans to invest in a bus. First trading day is Aug 27, 2015. It expects revenue growth of 15-20% in 2015. (Khao Hoon, 14/8/15)
Comment: Looks like another small IPO, watch for the first day bounce

BKD
BKD reported profit growth of 20% to reach Bt63mn in 2Q15. It targets jobs of Bt3.5bn supported by a new client. (Khao Hoon, 14/8/15)

CHG
CHG targets revenue growth of 15-20% from Bt2.71bn last year due to high season in 2H15 and expanding demand. It has budgeted Bt550mn to expand its hospital. (Thun Hoon, 14/8/15)
Comment: We still wonder aloud if this hospital group will ever be taken over.

Continue reading Stocks in the news (anan, atp30, bkd, chg, ecl, forth, fpi, gpsc, intuch, mill, nwr, planb, pttep, ratch, rs, samco, sappe, spcg, super, tasco, thai, tgpro, tk, tpch, tuf, uv) 14.08.15

Stocks in the news for the week

Note: Scroll down to see commentary for the past 3 days.

Stocks in the news (amata, arrow, bay, bkd, cbg, ecl, kbs, ldc, pf, ptg, ptt, spali, super, tcap, thai, ttcl, wha) 27.01.15

AMATA
AMATA plans to invest in industrial estate in Myanmar, in addition to its existing investment in Vietnam to prepare for the inception of AEC. The company will also increase investment in an information technology system to add more value to its IE. The investment plan should be ready soon. (Krungthep Turakit, 27/01/15)
Comment: It’s a natural development for AMATA to have look at Myanmar however I can also say that I’m planning to expand to investments in Myanmar and raise $ even though its still years away.

ARROW
ARROW expects revenue growth of 20% and margin of 23-25% this year. The company plans to use capex of ~Bt30mn to build a new plant to serve more pipe conduit orders. (Post Today, 27/01/15)

BAY
No ‘trading alert’ — Despite a sharp 118% rally in the stock price since the beginning of this year, the SET says it does not meet the criteria for a “Trading Alert” sign, because the volatile share price movement was due to low liquidity. BAY denies the news about de-listing. (Krungthep Turakit, 27/01/15)
Comment: Everyone regrets not having these shares, I do wonder if local institutions (i.e. mutual funds) have benefited given that it traditionally isn’t among the top holdings.

Continue reading Stocks in the news for the week