AGE expects to become a holding company engaged in the property business. It expects a return of at least 15%. It plans to export coal to Vietnam, which will increase revenue by 5-10%. It expects 4Q15 earnings to be good. It plans to implement cost control to increase profit. (Thun Hoon, 18/01/16)
Comment: A holding company engaged in property? Wait a minute, they are a coal company! Well better to switch now before its too late i suppose.
BBL revises up GDP growth to 3.5-4% from 3-3.5% driven by stimulus measures. It targets loans growth of 3.5%. (Thun Hoon, 18/01/16)
Comment: Don’t banks traditionally grow at 2x GDP?
BKD got a Bt300mn project, decorating Lotte and Marriot hotels. It plans to take part in Bt2bn bids. It targets 2016 revenue and net profit growth of 20%. (Khao Hoon, 18/01/16)
CSP targets steel sales of 150,000 tons driven by economic recovery. It expects to show net profit in 1Q16 after focusing on valued added products. (Khao Hoon, 18/01/16)
ADVANC announced the dividend payment in 2H15 Bt5.96/share, raising the full year dividend to Bt12/share. This year, it targets revenue growth of 3-4%. It has budget of Bt40bn to expand 3G, fiber optic and broadband. (Kao hoon, 6/2/15)
CRANE will propose board to pay dividend more than 50% within 1Q15, following from the superb 2014 earnings. In 2015, it expects the business to grow 20% from the boom of construction. It is studying on the listing of its four associates to raise fund from SET. (Thun Hoon, 6/2/15)
EGCO invested Bt1.2bn for acquiring an additional 33.33% of the common shares in Natural Energy Development Co (NED) with the capacity of 63 megawatts. It will recognize additional revenue contribution from the increase of its stake for the investment immediately. (Kao hoon, 6/2/15)
Digital TV to decide GRAMMY’s result – The company expects its 2015 performance to be based on its digital TV business. It sets the investment in content about Bt1bn for digital TV channel. (Kao Hoon, 6/2/15)
Comment: Similar to RS and WORK, grammy is betting the bank on digital TV working, but they have had capital issues hence the new partner in it’s digital operations
HTECH not impacted by political situation, though clients changed production base after they had done marketing in other countries. It is preparing to present its business plan to its board of directors in Feb. It expects revenue growth of 10% YoY in 2014. (Khao Hoon, 3/2/14)
IRPC expects a turnaround in its 2013 profit supported by bookings from land sale worth Bt1bn. The company also still has more than 2,000 rai of land on hand ready for development. (Khao Hoon, 03/02/14)
Comment: A petrochem firm that has to sell land assets to be profitable? IRPC is still a horribly mismanaged firm.
JAS expects net profits for 2013 to exceed Bt3bn supported by new broadband clients that will help push top line growth. Concerns on debt repayment case are also off the table after no creditors filed a claim for repayment. It aims to set up an infrastructure fund in the first half of this year. (Khao Hoon, 03/02/14)
Comment: We doubt its ability to raise a big infrastructure fund, look at the issues that TRUEGIF had, TRUE themselves had to buy more, SCB had to buy 9% etc etc. Continue reading Stocks in the news (htech, irpc, jas, rojna, spgc, sricha) 03.02.14
Capital increase update — BMCL reports that of the 8.55bn newly issued shares as rights offering, 6,275,704,432 were taken, leaving 2,274,295,568 shares to be privately placed. (Khao Hoon, 26/12/13)
Comment: Good for the company, will BMCL then in the future also do an infrastructure fund?
Subsidiary signs contract for expansion — GLOW subsidiary, GLOW SPP 11, has signed a contract with Wartsila to construct the expansion part of the 19MW gas-fired power plant. It expects the project to be completed by 1Q15. (Khao Hoon, 26/12/13)
Comment: Still one of the better utility firms out there, the normal dividend yield is nothing special @ this moment, but don’t be surprised to see a special dividend in april ‘14 Continue reading Stocks in the news (bmcl, glow, htech, ea, tmi) 26.12.13