AIT is talking to A prospective partner to provide data center service. It expects this to need Bt400mn capital investment. It plans to ask board approval in April. It plans to take part in Bt10bn public bids, of which it expects to get 40-50%. (Khao Hoon, 25/02/16)
Comment: They’ve come out saying a few times that they want to diversify away from being a project based company, and if the government is really adamant on these data centers then it just sounds like another great cash flow for those that are able to win these contracts
ECF reported 2015 net profit of Bt75mn. It will pay a dividend of Bt0.05/share, XD on April 19. It targets 2016 revenue of Bt1.5bn. (Khao Hoon, 25/02/16)
FPI targets 2016 revenue growth of 10% as the auto sector bottoms out. Its backlog is Bt600mn. It expects Bt300mn to be booked this year. It is talking to a partner to expand to India. (Khao Hoon, 25/02/16)
Comment: Haven’t they said that the deal in India was already completed?
GFPT targets 2016 revenue to reach Bt16-18bn thanks to broiler price recovery and lower cost. (Thun Hoon, 25/02/16)
Comment: Well they have benefited from lower raw mat costs, the only question here is will the domestic price of chicken increase?
GLOW’s board approved investing in Vietnam and Malaysia. Its 2015 net profit is Bt8.35bn. It will pay a dividend of Bt4.36/share, XD on April 29, PD on May 26. (Khao Hoon, 25/02/16)
Comment: Don’t be surprised to see GLOW continually offering special dividends every year
AIT revised down 2015 revenue target from Bt6.8bn to Bt5-5.5bn due to a slowdown of government projects. Earnings are expected to turn around in 2H15 backed by infrastructure investment. (Post Today, 05/06/15)
Comment: Whatever happened to the wonderful digital economy that was supposed to push AIT’s growth into the stratosphere like every broker predicted?
ANAN reported 5 month sales of Bt11bn. It plans to list subsidiary The Agent in a few years. It expects its subsidiary to report sales of Bt8.5bn. (Khao Hoon, 05/06/15)
Comment: No idea on what “The Agent” is, will have to look at it, but I do like the long term story of ANAN the most out of every property developer
CI expects a net profit in 2Q15 from 2Q14’s loss of Bt25.78mn aided by booking revenue. It is confident it will achieve 15% revenue growth this year, benefitting from an uptrend of the property sector. The company plans to open a new project worth Bt4bn. (Thun Hoon, 05/06/15)
Comment: They have been buying shares back in the market for the past 12 months, perhaps there’s a story here.
1H15 earnings will be better than 2H14 on higher orders and coal price. 2015 sales are targeted at 10mn tons. The investment in a power plant in the Philippines is expected to be finalized by 4Q15. Management says the baht depreciation is leading to higher exports. (Thun Hoon, 05/06/15)
China gives 85% load factor in 1Q15 – AAV reports that higher traffic from China remained the key driver to bring load factor to 85% in 1Q15. Management expects tourist sentiment towards traveling to Thailand to continue to improve over the remainder of the year despite the ongoing martial law. The Tourism Authority of Thailand says hotel bookings in Chiang Mai during Songkran is at over 90% despite the continued air pollution. (Krungthep Turakij, 20/03/15)
Comment: I’ve mentioned this enough times, AAV is the only airline you’d want to bother looking at on the Thai Equity market.
ASIMAR expects 2015 performance to break the record with two projects on hand worth Bt1bn. The company will also benefit from more budget from the Port Authority of Thailand of Bt4.67bn. The company believes it will be awarded new projects from PAT amounting to Bt500mn plus Bt450mn from a private company. (Thun Hoon, 20/03/15)
CGD expects 1H15 performance to improve YoY given its abundant backlog. Management says revenue for 2015 could exceed Bt834mn. (Thun Hoon, 20/03/15)
CNT working to set up a new JV with foreign partner. The company aims to become one of the contractors selected for public sector investment projects. It expects to see greater opportunities in the AEC market which could be finalized soon. CNT also expects to be awarded more jobs from PTT group. (Thun Hoon, 20/03/15)
Comment: A surprising loss last year from this construction co, I do expect for things to improve and am wondering why they can’t bid for the larger projects like UNIQ has.
Continue reading Stocks in the news (aav, asimar, cgd, cnt, cpf, dcon, demco, drt, glow, ichi, itd, jas, kbank, mbket, moong, ndr, pae, ptt, qtc, uac, rs, rwi, samart, mlink, sappe, tsi, uwc) 20.03.15
BSM is preparing to launch two new products during March-April supporting 2014 revenue of Bt700mn, +30% YoY. It said revenue in 2013 beat its target of Bt500mn. It will focus on the healthcare market. (Khao Hoon, 31/1/14)
Comment: New products will not have much influence on its performance if the demand in the construction market is still low during Q1-Q2 of 2014
CENTEL aims at 2014 revenue of Bt19bn, +10% YoY. It expects to receive additional 5-6 hotel management deals. It expects more revenue from 2 hotels in Maldives. Although hotel business in Bangkok has been pressured, hotels in rural have performed well with 80-90% occupancy rate. (Khao Hoon, 31/1/14)
Comment: Mimicing MINT in terms of the food and hotel combination, however their growth in management contracts is certainly impressive
GLOW reported 2013 net profit of Bt7.2bn, +33% YoY. Revenue from sales and service was Bt69.7bn, +18.1% YoY, due to higher electricity sales from GHECO-One power plant to EGAT. (Khao Hoon, 31/1/14)
Comment: We’ve loved GLOW for years, however we now view it more as a dividend play pending the right entry price Continue reading Stocks in the news (BSM, CENTEL, GLOW, PTT, RATCH, SCC) 31.01.14
AMATA land sales for 2013 ended at 1,000 rai. In 2014, it plans to focus more on land sales abroad, especially in Vietnam, to avoid the political turmoil in Thailand. It said that 3-4 customers are already waiting to sign a deal. (Khao Hoon, 06/01/13)
Comments: AMATA’s business model is very simple, land sales, some years its good, some years its bad, and its during the negative period when one should consider picking up the stock
BBL targets 5-7% loan growth in 2014 — BBL plans to grow loans in 2014 at 5-7% YoY supported by all channels, despite political pressure. It said 2013 revenue growth hit its target at 8% and expects net profit of Bt36.7bn, up 11% YoY. (Khao Hoon, 6/1/13)
Targets 1,000 stores in India and Vietnam in 5 years — CPF plans to expand its business over the next five years with a target of at least 1,000 stores in India and Vietnam within the next five years. The company targets growth of 25-30% annually in those countries. (Khao Hoon, 06/01/13) Continue reading Stocks in the news (amata, bbl, cpf, global, glow, ps, wha) 06.01.14