Tag Archives: eic

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

Stocks in the news (ba, bcp, brock, cpf, eic, gfpt, kkp, lh, mint, snp, mlink, nusa, ocean, pttgc, ratch, scc, uac, uv, wave) 24.04.15

BA
CEO says give BA some time – The Chief Executive Officer of BA, Khun Prasert Prasartong-osoth told shareholders yesterday that the reason the price of BA shares has fallen below IPO price is that it has been listed only six months and needs at least a year to prove itself to investors. Shareholders voted a cash dividend of Bt0.2 per share even though it had been listed only two months at the end of the year, giving investors a good return. (Post Today 24/04/15)
Comment: Well 1) It wasn’t the cheapest IPO 2) All airline stocks were hit hard recently 3) They effectively only feed 1 airport 4) They do have shares in BDMS (formerly BGH) which does argue that the underlying stock could be cheap.

BCP
1Q15 profit to be Bt1.55bn due to the increase refinery margin above US$10. (Khao Hoon 24/04/15)

BROCK
1Q15 earnings should be better than 1Q14’s loss of Bt680bn due to more backlog. The firm expects a 10% growth in revenue in 2015 as a result of an uptrend in the property business. The firm plans to enter into a joint venture with a foreign and listed property company in Thailand to launch a new project, expected to be settled by 4Q15. (Thun Hoon 24/04/15)

CPF
Plans to expand ready-to-eat branches in both Vietnam and India to 1,000-1,200 branches in Vietnam and 500 in India to get in on the economic growth. (Khao Hoon 24/04/15)
Comment: We would love CPF more if it wasn’t an obvious exit strategy for all of CP Group’s private entities.

Continue reading Stocks in the news (ba, bcp, brock, cpf, eic, gfpt, kkp, lh, mint, snp, mlink, nusa, ocean, pttgc, ratch, scc, uac, uv, wave) 24.04.15

Stocks in the news (bcp, demco, egco, eic, global, mc, ofm, ptt, robins, tog) 27.05.14

BCP

Only slight QoQ fall in EBITDA in 2Q14 — Although its refinery will be shut down for maintenance, BCP expects EBITDA for 2Q14 to only fall slightly compared to 1Q14. Even though EBITDA for refinery business will fall by 30%, revenue from its three solar energy phases plus the attractive adders, will help strengthen EBITDA margin this quarter. (Khao Hoon, 27/05/14)

Comment: The main growth driver here will be from the solar business which is what had analysts all excited for the past 3 months

DEMCO

DEMCO says 2Q14 net profit will be strong supported by dividends of more than Bt116mn from wind projects Huay Bong 2 and 3. Management said its current backlog is Bt4.348bn and it is waiting to sign for a Bt200mn new project. It will also expand into Laos, Myanmar and list “Wind Energy Holding” in the market at the beginning of 2015. (Tun Hoon, 27/05/14)

Comment: The listing of the Wind Energy Holding + its dividends from the wind projects are keeping demco’s valuations at these levels.

EGCO

EGCO confirms investment into electricity business this year at Bt18bn, with at least ROE of 10%. Management said they will expand and invest in both Thailand and abroad. (Khao Hoon, 27/05/14)

Continue reading Stocks in the news (bcp, demco, egco, eic, global, mc, ofm, ptt, robins, tog) 27.05.14

Top perfomers in 2013

These were the top 10 performing stocks for 2013, I normally like to do this and see what I missed, why I missed them, should I have missed them?

Its good to kick your own butt everyone once in a while

 top 10 2013

Star (MAI)

Business: The Company is a manufacturer and distributor of sanitaryware products under the trademark of STAR for domestic and export sale.

Thoughts: It had losses for 2012 but a decent 2011, quite happy to have missed this one

ACD (MAI)

Business: The Company is a leading developer, producer, and distributor of sports and entertainment products such as dartboards, pool tables, soccer tables, and fireball tables under Medalist trademark to Japan, Taiwan, and Australia.

Thoughts: Niche business, no scalability, with continuous losses, quite happy to have missed this one

EIC (MAI)

Business: The Company is the manufacturer and distributor of Discrete Semiconductor- Wafer/Dice and Diodes. EIC’s Wafer are both Open Junction Wafer and Glass Passivated Processed Wafer. EIC’s Diodes are included Rectifier Diodes, Zener Diodes, Switching Diodes and Transient Voltage Supressor Diodes.

Thoughts: Ehhh….  Continue reading Top perfomers in 2013

Management Trades 02/12 – 06/12

Notable Transactions

Buy(s) THB 333mn

  • BTS – K. Keereeee buys another THB 234 mn worth of shares
  • IFEC – The founder continues to sell to K. Wichai, another THB 64 mn worth of shares

Sell(s) THB 259 mn

  • EIC – No idea what happened here, but its been a volatile stock and key shareholders have sold some THB 170 mn
  • IFEC – See above

131212 mgmt_trades