ADVANC has launched a campaign “AIS the startup 2015”. This is hoped to bring in younger entrepreneurs who are interested in using ADVANC as a digital partner. (Khao Hoon, 31/07/15)
AGE plans to increase investment in alternative energy. It is studying a waste power plant abroad to adapt to the local environment. 2Q15 is expected to be good aided by cost controls. It expects 2015 revenue of Bt7bn. (Thun Hoon, 31/07/15)
Comment: We’ve been hearing about AGE planning to do this for years now…
BANPU plans to list subsidiary “BANPU Power” in 2017. It expects its subsidiary to show 2015 net profit of Bt2.87bn with assets of Bt20.87bn. (Khao Hoon, 31/07/15)
Comment: With coal prices down some ~65% from its peak, its no surprise that Banpu has to shift to pure utility investments
CTH targets 2015 revenue of Bt6bn on higher monthly fees and new packages. It expects to boost the number of members to Bt3mn by the end of May 2016. (Khao Hoon, 31/07/15)
DELTA is confident 2015 revenue will achieve its 5-10% target growth. It expects 2H15 revenue to be better than 1H15 on a higher gross margin from the automotive sector. It says there is no impact from the baht depreciation. It plans to do acquisition to support R&D. (Khao Hoon, 31/07/15)
AQ says AQ Aria Asoke, valued at 1.6bn, sold out within 1 week after launch. It plans to launch new projects focused on single detached houses and townhomes. (Khao Hoon, 08/07/15)
Comment: Location is still the most important part of property regardless of the brand name, AQ has done a decent job getting its projects up and running but still worried re its valuaton
ARROW expects 3Q15 earnings to mark a record high with 25% gross margin backed by implementing cost controls and stable materials cost. It expects 2015 revenue to achieve target. It expects to get Bt20mn from selling pipe for underground cable in 3Q15. (Thun Hoon, 08/07/15)
Comment: Arrow has been on such a run for the past few years, we do wonder aloud if they have the necessary capacity to match all the potential projects
BCP expects 2Q15 earnings to grow aided by refinery margin and stock gain. It targets power plant capacity of 200MW this year. (Khao Hoon, 08/07/15)
Comment: Just like every other industrial related co, they’ll have profits in 2q as a result of stock gains, 3q however now looks to be unfolding the other way
BEAUTY plans to broaden its market to Indonesia, expected to be clear in 2H15. It expects 2015 revenue to increase 20% thanks to strong demand. (Thun Hoon, 08/07/15)
BEAUTY to trade at new par of Bt0.1 on May 14 (split par from Bt1). 1Q15 earnings outperformed due to growth in tourists that led to rising sales at both the existing and new branches. (Thun Hoon, 14/05/15)
Comment: Everyone loves a good stock split, but Beauty has one of the most demanding valuations today.
1Q15 income surged 219% to Bt64mn while revenue grew 30% to Bt999mn. CSS got a project from DTAC worth Bt500mn. The firm expects to book revenue from this project this year, meaning revenue may hit Bt4-5bn (+25% growth). (Khao Hoon, 14/05/15)
1Q15 earnings up 27% to Bt272mn backed by increasing orders. Proportion of international sales rose to 70%. It targets 2015 coal sales of 10mn.tons. (Khao Hoon, 14/05/15)
Comment: I’m still curious about this coal mining company
2015 earnings to turn around after wiping out retained losses. 1Q15 revenue continues to trend up from new projects. It is dealing with PS about selling its land. (Thun Hoon, 14/05/15)
Comment: a potential dividend payer in 2016?
BBL wins Myanmar licence – Bangkok Bank (BBL), Thailand’s largest lender by assets, is the only Thai bank among the first nine foreign ones to win a limited banking licence in Myanmar. The approval is preliminary for 12 months, during which time the winning banks must comply with Central Bank of Myanmar requirements before starting limited operations by the end of that period, BBL executive vice-president Chairit Anuchitworawong said. (Bangkok Post, 02/10/14)
Comment: Well done to BBL, as much as we like to say that BBL is the dinosaur in the banking industry, they actually have the most number of foreign branches amongst all thai banks by far.
BCP’s hydrocracking factory idled for 10-day maintenance. BCP says this will not impact its operations. (Kao Hoon, 02/10/14)
BLAND expects to book net profit from IMPACT Growth REIT sale of Bt6bn. It will use Bt700mn on its Ibis Hotel in early 2015 and Bt300mn for 2-3 multi-storey car parks worth Bt300mn. The company is studying setting up a shopping mall. (Thun Hoon, 02/10/14)
Comment: Everyone knows the plan for BLAND already, the stories that will arise post REIT is what else will BLAND do with the cash, massive dividend? Further reinvestment? Expect for rumours to go nuts. Continue reading Stocks in the news (bbl, bcp, bland, eforl, estar, hmpro, ilink, jmt, kbank, preb, scc, seafco, siri, sithai, smart, tta, uwc) 02.10.14
AGE expects 2014 coal sales to hit target of 4mn tons, supported by strong demand from China. It expects revenue for the year to reach Bt7bn. Next year, it expects to start booking Bt60-70mn in revenue from its biomass power plant in Sukhothai. (Kao Hoon, 03/11/14)
Comment: Nothing exciting happening here anymore.
Solar firms ask for protection – Ekarat Solar Co, Thailand’s top maker of solar modules, is urging the new government to adopt measures to shield the local industry from unfair competition. Wiwat Sangtian, managing director of the wholly owned unit of the country’s biggest transformer maker, SET-listed Ekarat Engineering Plc (AKR), said Ekarat was joining with other solar module companies in making the request. Mr. Wiwat said the energy regulator should at least require the next round of licence seekers to use locally made modules. Since 2009, solar modules and solar farm components have been hit hard by imported Chinese substitutes.(Bangkok Post, 03/09/14)
Comment: AKR has to change its business model, the only reason we solar plants are becoming viable is because of China.
BKD expects 20% rise in 3Q14 revenue to Bt317mn. It is waiting to sign on a government project this September worth Bt380mn. Current backlog stands at Bt2.01bn and it expects to book 50% of that this year. BKD will bid for more work worth Bt2bn. It expects revenue to reach Bt1.1bn this year and Bt1.3bn next year. (Kao Hoon, 03/11/14)
BSM preparing to launch a new product in 3Q14, boosting 2H14 revenue. The company reduced revenue target to Bt600mn, +10% YoY, as it was hurt by the political unrest in 1H14. It is signing a JV agreement with a Myanmar company. (Kao Hoon, 03/09/14)
Comment: A nice little well-run company.