ABC has signed an MoU to rent a commercial building. It plans to use this area as an integrated services animal hospital. It plans to launch a Bt2.5bn condo on Sukhumvit 39. (Khao Hoon, 19/01/16)
Comment: Whenever I’m reading news about this company my head begins to cock to the side like a dog when it sees something confusing. IT to e-commerce to renewables to property to animal hospitals. YES! I can see the differentiating factor here so very clearly, they will launch an animal hospital (commercial) where pet’s owners can stay next door (residential), pay everything online via an ecommerce system (IT/ecommerce), where the neutering operations will be solar powered! Booyah!
ASIAN expects 2015 sales of Bt8bn with Bt60-200mn net profit after it has revised its business strategy. It is looking for a partner. (Khao Hoon, 19/01/16)
BTS is budgeting Bt140bn to support the operational management and investment in five MRT routes covering 114.4km. It expects this to be put up for bid by 1Q16. It estimates ridership of 1mn/day. (Thun Hoon, 19/01/16)
Comment: We do wonder aloud what will happen to the stock price when the dividend disappears…
EPG expects 3QFY16 earnings to grow 100% from 3QFY15’s Bt148.05mn thanks to the baht depreciation. It expects a net profit margin of 15% on lower oil prices. (Thun Hoon, 19/01/16)
Comment: Commence head banging against the wall, saw them at THB 9/share and could never really get my head around the company’s potential.
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.
Names today: CEI, COM7, CSC, EPCO, GIFT, HFT, HMPRO, JSP, KIAT, MAJOR, ORI, SENA, TAKUNI, UTP
CEI targets 2016 revenue of Bt400mn with net profit of Bt100mn. It is considering investing in a Bt10bn mixed-use development on 123 rai in Phuket. It is looking for M&A and takeover. It plans to list its subsidiary soon. It asked for 100MW PPA in a government unit’s solar farm, which is expected to be finalized by December. (Thun Hoon, 06/11/15)
COM7 expects 2015 sales to grow 10% backed by iPhone6s and iPhone6S Plus. It is considering investing in AEC, which is expected to be finalized soon. (Thun Hoon, 06/11/15)
Comment: The stock price shows that investors are loving the iphone6s’ launch
CSC reported 3Q15 earnings of Bt96mn (+34%YoY) and Bt700mn in revenue. 9M15 net profit was Bt256mn (+16%) with revenue of Bt2.15bn, backed by increase in sales of high margin products. (Khao Hoon, 06/11/15)
EPCO plans to focus on supplying electricity. It plans to ask for a 50MW PPA from government units; it expects this to be finalized soon. It expects revenue from selling electricity to comprise 50% of revenue in 2016 from 40% this year. It expects 2016 revenue to be good. (Thun Hoon, 06/11/15)
ASIMAR says it is looking for a partner. It targets 2015 revenue of 15-20% as it expects to get two more jobs in 3Q15-4Q15. It expects to book revenue from two Cambodian ships. It plans to focus on ship maintenance jobs to increase margin from 10-30% to 50%. (Thun Hoon, 24/08/15)
Comment: ASIMAR has been looking for a partner for…years now.
Management is considering investing in an aircraft maintenance depot offering area for
rent at Suvarnabhumi airport with a budget of Bt500-1000mn. It expects this to be finalized in 2015. (Post Today, 24/08/15)
Comment: Again the only value in BA, other than its monopoly in Samui is it’s holdings in BDMS, similar to CPF and CPALL
CCP is confident 2H15 net profit will be higher than 1H15. Its backlog is Bt2.3bn, of which it expects to book 60-70% this year. It is talking with a prospective partner to export to Myanmar and Laos, expecting this to be finalized in 4Q15. (Khao Hoon, 24/08/15)
CI expects to revise up 2015 revenue growth to 20% from 2014’s Bt1.69bn aided by transfers. It plans to launch three projects with a total value of Bt3bn, which it expects will raise backlog from Bt5bn. It plans to set up a Bt1.5bn REIT in 2016. (Thun Hoon, 24/08/15)
AOT says there is no impact from the Chinese yuan depreciation. Growth in Chinese tourist was 10-14% for eight months. (Post Today, 13/08/15)
Comment: For once, I concur with this government enterprise.
ARROW reported 2Q15 earnings of Bt56mn (+92%YoY). It plans to pay an interim dividend of Bt0.15/share, XD on Aug 21. It targets 2015 revenue growth of 20%. (Khao Hoon, 13/08/15)
Comment: And somehow this little company continues to rack up decent earnings growth inspite of the overall economic situation.
BBL sees Chinese corporations becoming some of its major Vietnam customers after seeing greater direct investment activities by them. It targets 2015 Vietnam loan growth of 14% after it achieving 7-8% in 1H15. (Thun Hoon, 13/08/15)
Comment: Perhaps more of a regional play at the moment, without a doubt the Chinese are the largest investors in Vietnam
BIG reported 2Q15 earnings of Bt70.8mn. It expects revenue and net profit to grow steadily. It plans to launch a marketing campaign to boost sales. It is confident 2015 revenue will achieve its target growth of 10%. (Khao Hoon, 13/08/15)
Comment: Well its a camera retail co, just depends upon how large you believe the market is for them