ANAN has achieved Bt3.6bn in presales from Aston Silom Condo (60% of total). It is interested in joining the “Baan Pracharat” project. It targets 2016 sales of Bt21bn. (Khao Hoon, 18/03/16)
Comment: According to management, they are going to report slower pre-sales than before because they’ll hold some inventory to make more $
ATP targets 2016 revenue of Bt310mn (15% growth). It is talking with four clients, with a decision expected by 2Q16. This will increase its clients to 30. It has put off its plan to acquire a hazardous waste handler. (Khao Hoon, 18/03/16)
COLOR targets 2016 revenue to grow 7-8%, backed by numerous orders. It expects exports to comprise 20%, focusing on ASEAN, Australia, and Europe. (Khao Hoon, 18/03/16)
GUNKUL reports its subsidiary that is engaged in the wind power business began operations at its wind power plants (Sub-Plu Wind farm1&2) on March 17. (Khao Hoon, 18/03/16)
INET expects to benefit from government IT plans in 2Q16 including village internet, digital economy, 4G, and educational and corporate Internet. It expects to get cloud solutions and data center projects. It expects new clients to reach 700 companies. It expects 2016 revenue to be higher than Bt800mn. (Thun Hoon, 18/03/16)
Comment: The digital economy story has gone quiet for a while but companies such as INET, ILINK and even WHA are going ahead with building data centers.
AKR says foreign investors are interested becoming partners to invest in alternative energy. It expects 4Q15 earnings to mark a record high backed by numerous orders. It targets 2016 revenue to grow not less than 25% thanks to Bt6bn in bids. It expects the government to approve solar farm projects. It plans to invest in 40MW. It plans to expand to ASEAN. (Thun Hoon, 08/01/16)
Comment: Well its a natural step forward for them as they are trying to shift away from being a project based only company
ATP30 expects 2016 net margin to double from 2015’s (5% in 2015 to 10% in 2016). It expects to make a decision whether to invest in or acquire a logistics business within mid-2016. It expects to invest be not less than Bt100mn. (Khao Hoon, 08/01/16)
European investors are interested in BEAUTY shares because of its strong fundamentals and growth. It expects 2016 revenue growth of 20% aided a broader customer base at home and abroad. (Thun Hoon, 08/01/16)
CK expects to report 2015 net profit of Bt2.39bn. It plans to take part in Bt600bn public project bids. (Khao Hoon, 08/01/16)
IVL has agreed to acquire BP Chemical’s Alabama plant (720 KMT PX, 1,020 KMT PTA, and naphthalene dicarboxylate or NDC) within 1H16. (Khao Hoon, 08/01/16)
Comment: We do wonder how on earth IVL will reach it’s warrant exercise prices in the next 2 years.
ACAP reported 3Q15 net profit of Bt3.82mn backed by loan growth. It expects 2016 revenue to be good as it focuses on SME loans. It targets Bt600mn in SME loans in 2016. (Khao Hoon, 24/11/15)
Comment: That is their existing business line, there were talks that it was going to expand into other businesses as well. ACAP had always been a rather cheap company on asset value that every once in a while became popular with retail investors, I am curious to see what the new shareholders will do here
AKR and Nonthaburi cooperatives take part in 5MW solar farm in government unit bidding. It has bid in the Bt1.5bn transformer project for the PEA, winner of which is expected to be announced by this year. (Khao Hoon, 24/11/15)
BROCK expects 2015 revenue growth to meet its 10% target. It expects 4Q15 earnings to be good backed by transfers from Bt40mn backlog. It plans to invest in mix-use property in Phuket (500 rai, valued at Bt10bn). It expects 2016 revenue to be good on government property stimulus measures. (Thun Hoon, 24/11/15)
BTS expects 2HFY16 to be better than 1HFY16 on seasonality. It has budgeted Bt10bn to invest in MRT Green Line. It expects FY2016 revenue to grow 5-10% on the back of 4-6% passenger growth. It plans to sell concessions to BTSGIF. (Khao Hoon, 24/11/15)
Comment: Have a look at their balance sheet and then you’ll understand exactly what BTS’s business model is.
AKR is seeing demand recovery. It expects 2Q15 profit to be positive backed by revenue recognition. It expects 3Q15 earnings to mark a record high. It is ready for an upcoming bid for the MEA valued at Bt2bn. It expects 2015 revenue will hit target growth of 10% aided by huge orders for solar plant transformers. It expects to add more PPAs next year. It plans to sell 8MW of electricity in 2016. (Thun Hoon, 07/08/15)
DTAC plans to introduce “4G VoLTE” and “VoWifi” by November. It says this is an innovative 4G service and is expected to replace traditional calls within 3-4 years. (Khao Hoon, 07/08/15)
GPSC reported profit before FX and extra items of Bt576mn (+10%YoY). It plans to invest more to achieve stable growth. (Thun Hoon, 07/08/15)
ITD is on the short-list for the Bt10.5bn dual track bid for Chachoengsao – Klong 19 – Kaeng Koi. SRT expects to announce the winner by the end of this year. ITD and ROJNA will sign a contract for Dawei phase1 valued at Bt52bn. It expects to sell land in the industrial estate in 4Q15, targeting sale of 3,000 rai. (Thun Hoon, 07/08/15)
JMT expects robust earnings in 2Q15 backed by increasing debt collection. It plans to focus on personal loans beginning from 3Q15. It is confident 2015 revenue growth will reach target of 30%. It expects a Bt90bn portfolio at the end of this year. Net profit is expected to jump for the next two years. (Thun Hoon, 07/08/15)
Comment: Just incredible, HOWEVER, if they want to keep growing and growing, don’t be surprised to see them raise more and more capital
Japanese investors are interested in AJD shares, talking with FA to do a takeover.Management is confident 2015 earnings will double, backed by increasing set-top box sales and booking revenue from two subsidiaries. (Thun Hoon, 21/07/15)
BSM expects to list subsidiary within two years. It is talking to a prospective partner to broaden its customer base. A JV with KCM is expected to be finalized in 3Q15. It targets 2015 revenue to grow 20% backed by a good performance in 2H15. (Thun Hoon, 21/07/15)
CEN plans to acquire DIMET shares through UWC, its subsidiary, by doing a tender offer priced at Bt3.6 per share. It expects this deal to increase customer base and revenue. (Thun Hoon, 21/07/15)
Comment: This acquisition is going through a few levels, I don’t quite see the value in CEN using UWC to buy DIMET which hasn’t performed well as a company for years.
EMC expects to sign contract for a Bt2bn BTS station project in 2H15. 2Q15 performance is expected to be positive from 1Q15 losses of Bt23.81mn aided by huge orders and property business. Management guarantees a turnaround performance this year. (Thun Hoon, 21/07/15)