Tag Archives: hmpro

Stocks in the news (banpu, bcp, hmpro, kbank, ktb, mc, mtls, pjw, sat, scc, tcap) 07.09.16

BANPU
BANPU’s last day to get BPP IPO reserve. Today is the last day to buy BANPU and get rights to reserve BPP IPO and dividend of Bt0.25. The stock will be posted as “XB-XD” on September 8. (Khao Hoon, 7/9/16)
Comment: Most certainly one way of ensuring your share price stays elevated 
 
BCP
BCP to IPO BCPG this month. It is issuing ~ 590mn IPO shares with initial price estimated at Bt9.80-10.00 per share. (Khao Hoon, 7/9/16)
HMPRO
HMPRO to add branches. It plans to add more branches and set up marketing campaigns and promotions to attract customers. (Thun Hoon, 7/9/16)
KBANK
KBANK expects 2016 fee income to grow 5-12%, supported by investment banking deals, issuing bonds, M&A, REIT IPOs and extending loans to large corporate customers (expected growth of 4-5%) and SME (expected growth of 5-7%). (Khao Hoon, 7/9/16)
Comment: Looks there is no impact from decrease in transfer fees to KBANK
 
KTB
KTB expects SME recovery in 2H16, aided by government support and loans to construction companies. It targets 2016 loans of Bt25bn. (Thun Hoon, 7/9/16)

Continue reading Stocks in the news (banpu, bcp, hmpro, kbank, ktb, mc, mtls, pjw, sat, scc, tcap) 07.09.16

Management Trades 22/08 – 26/08

Notable Transactions

Buy(s) THB 33 mn

  • N/A

Sell(s) THB 2.4 bn

  • MTLS – A huge sale from the owner. Does he not see a continuation of the 50% YoY growth after 2017?
  • TKN – Again the major shareholders sell, looks like a block trade
  • BEAUTY – See TKN
  • BA – Now this is a rarity, a sell out of BA. When will they get rid of their BDMS shares?
  • HMPRO – And he continues to sell
  • MCS – Ohh a first sell from this wonderful steel manufacturer.

mgmt_trades

Stocks in the news (bem, bcp, btw, cho, fsmart, gl, hmpro, loxley, nch, ptt, sc, tks, tluxe, tse, uniq) 03.08.16

BEM
MRTA board approved hiring BEM to install a system at Taopoon-Bang Sue station for Bt63mn. It expects to sign the contract in September and finish the project within March 2017. It plans to negotiate with BEM to operate the Blue Line until 2042. (Kao Hoon, 03/08/16)
BCP
BCP negotiating with Indonesian partner to set up a geothermal power JV. It expects a decision to be made in September. It will continue to hold second place in its market with a share of 15%. It targets selling 320mn liters of oil per month or growth of 12% YoY. It expects 3Q16 GRM to average US$6-7/bbl. It plans to list its subsidiary in September or October. (Thun Hoon, 03/08/16)
BTW
BTW gets 2 solar farms with capacity of 10MW for Bt520mn. (Thun Hoon, 03/08/16)
CHO
CHO expects to get a big project valued at Bt800mn. It targets revenue growth of 10% and expects 2Q16 to show a profit thanks to more orders. It has backlog of Bt600mn, of which it has booked Bt400mn. (Thun Hoon, 03/08/16)
FSMART
FSMART has no effect from the cancellation of World Cup tickets and maintains its revenue target growth at 30%. It plans to expand to 90,000 Boon-Term machines nationwide. (Kao Hoon, 03/08/16)
GL
GL expects 2H16 earnings to step up after realizing profit from its JV in Indonesia. It targets loans to reach US$1bn within 2018 and will expand to Cambodia and Laos. (Thun Hoon, 03/08/16 )
Comment: The key driver for GL will still only be Cambodia, Laos and Indonesia will be too small to have an impact

Continue reading Stocks in the news (bem, bcp, btw, cho, fsmart, gl, hmpro, loxley, nch, ptt, sc, tks, tluxe, tse, uniq) 03.08.16

Management Trades 25/07 – 29/07

Notable Transactions

Buy(s) THB 28 mn

  • N/a

Sell(s) THB 614 mn

  • QTC – The tender offer is still in play, interesting that its @ ~thb 7/share but the stock is at 14…
  • HMPRO – Must’ve been a block sale by this director..
  • IHL – More selling out of IHL, are things changing at this company on the shareholder level?
  • ITD – When was the last time you saw the founder ever buy shares in ITD?
  • ILINK – Two directors selling rather large stakes
  • DCORP – The Vice Chairman dumps some 3 mn shares
  • CRANE – Now this is a first, haven’t seen a sale by anyone in CRANE for as far back as I can remember.

mgmt_trades

Stocks in the news (aot, bcp, cpall, delta, ea, eason, hmpro, kce, mtls, pace, ptt, pttgc, scc, tpc, trt, tsr, vgi, wha) 27.07.16

AOT
AOT expects 3Q16 earnings growth of 16.3% YoY supported by tourism recovery and low oil price. It expects to benefit from competition between low-cost airlines. (Thun Hoon, 27/07/16)
BCP
BCP expects 2016 EBITDA from retail business grow to Bt3bn supported by low oil price. It has budgeted Bt15bn to expand and renovate its petrol stations. It has set a five-year target of 400 stations. It expects non-oil business to grow and plans to open a new supermarket under franchise from Europe by end-2016. (Thun Hoon, 27/07/16)
Comment: I do wonder if the outstanding growth from PTG has been behind the major players finally deciding to expand their stations throughout Thailand
 
CPALL
CPALL expects 3Q16 to be outstanding supported by 7-Eleven stamps that stimulated sales and expects 4Q16 earnings to be good supported by high season. (Thun Hoon, 27/07/16)
DELTA
DELTA reported 2Q16 net profit of Bt1.32bn, down 22%YoY due to lower sales. It has budgeted to invest in India. (Khao Hoon, 27/07/16)
EA
EA expects 2Q16 to be peak due to high season and expects revenue of Bt1bn. It believes that 2016 profit will be higher than last year. It expects 2016 capacity to reach 404MW and PPA 664MW. (Thun Hoon, 27/07/16)

Continue reading Stocks in the news (aot, bcp, cpall, delta, ea, eason, hmpro, kce, mtls, pace, ptt, pttgc, scc, tpc, trt, tsr, vgi, wha) 27.07.16

Stocks in the news (aeont, aot, cho, ck, cwt, earth, fpi, hmpro, ktb, tasco, tfg, true) 08.07.16

AEONTS
AEONTS issues debenture of Bt8bn which it will use to refinance and as funding to support its business. It reported 1H16 profit of Bt515.84mn supported by more credit card revenue. (Thun Hoon, 08/07/16)
Comment: Still one of the best operators in town 
 
AOT
AOT has budgeted Bt194bn to develop its six airports over 5-10 years. Once finished, its airports will support 181mn passengers per year. (Kao Hoon, 08/07/16)
Comment: Contractors, materials, security firms will all benefit from this.
 
CHO
CHO will bid in the e-auction for the 489 NGV bus project worth Bt4bn. It expects to know the result this evening. (Kao Hoon, 08/07/16)
CK
CK signed the contract for Xayaburi in Laos worth Bt19.4bn. This will expand its backlog to Bt100bn. (Kao Hoon, 08/07/16)
CWT
CWT will bid for renewable energy project. It expects 2016 revenue of Bt1.5bn. It has more jobs to book and is steadily adding new jobs to add to its backlog of Bt1.5bn. (Thun Hoon, 08/07/16)

Continue reading Stocks in the news (aeont, aot, cho, ck, cwt, earth, fpi, hmpro, ktb, tasco, tfg, true) 08.07.16

Stocks in the news (centel, grand, hmpro, ktb, maco, oishi, pace, pylon, tluxe, tmi, uniq) 07.07.16

CENTEL
CENTEL plans to take over Thai Foods brand. It targets 2016 revenue to grow at 10%, driven by healthy tourism. (Thun Hoon, 7/7/16)
GRAND
GRAND plans to take over a prestigious hotel in Thailand. It expects to see healthy 2Q16 earnings, driven by booking from Hyde Sukhumvit 11 and hotel businesses. (Thun Hoon, 7/7/16)
Comment: Still have our doubts on their ability to execute…
 
HMPRO
HMPRO expects to see outstanding 2Q16 earnings from Mega Home. It targets 2016 revenue to grow 10-15% from expanding portfolios and a slight change in business model. (Thun Hoon, 7/7/16)
KTB
KTB targets 2016 loans to grow 3-4% from SME and governmental lending. It expects 2Q16 NPL to deceleratedly increase. (Thun Hoon, 7/7/16)
MACO
MACO plans to be number one in the country in 2-3 years with market share more than 40%. It is expanding the business, negotiating for M&A. Its 2Q16 performance is expected to be healthy from advertising signs covering 77 provinces. (Thun Hoon, 7/7/16)
Comment: I’m fairly certain that they are already the largest in what is a very fragmented industry

Continue reading Stocks in the news (centel, grand, hmpro, ktb, maco, oishi, pace, pylon, tluxe, tmi, uniq) 07.07.16

Stocks in the news (cpall, epco, hmpro, itd, ptt, ratch, salee, super, tacc, tae, tsth, ttw, uv) 04.05.16

CPALL
CPALL expects its net profit to be good brought by SSS growth and 700 new stores. It expects 1Q16 net profit to be no less than Bt3.85bn with Bt102bn sales. It plans to sell MAKRO shares. (Thun Hoon, 04/05/16)
Comment: It does finally look like they are going to do something with their stake in Makro

EPCO
EPCO expects 2016 net profit growth to be higher than 50% as it plans to invest in power plants at home and overseas to bring capacity to 200MW. It plans to list its subsidiary (Eastern Power Group) this year. It targets capacity of 500MW within 2018. Its shareholders approved issuing a Bt2bn debenture. (Thun Hoon, 04/05/16)

HMPRO
HMPRO reported 1Q16 revenue of Bt14.61bn, up 11.57%YoY with Bt866.18mn net profit, up 18.06%YoY. This brought by SSS growth and new stores for both HMPRO and Mega Home. (Thun Hoon, 04/05/16)
Comment: What consumer debt issue??

ITD
ITD signed a contract with the Department of Rural Road to proceed with the construction of the rail overbridge along the Rural Road No. Sor Kor 2032 at Baan Khoke Kham, Amphur Muang, Samut Sakorn Province on Apr 27, valued at Bt405.59mn. (Khao Hoon, 04/05/16)

Continue reading Stocks in the news (cpall, epco, hmpro, itd, ptt, ratch, salee, super, tacc, tae, tsth, ttw, uv) 04.05.16