Tag Archives: kiat

Stocks in the news (amata, banpu, big, bkd, dcon, ekh, kiat, modern, ncl, pace, pf, pimo, rjh, sena, spcg, tcmc, tmill, vibha) 02.09.16

AMATA
AMATA expects 2016 land sales to hit target of 1,000 rai. It has land of 1,000 rai to support investment. It is confident that total revenue will grow no less than 5% supported by its backlog of more than Bt1.3bn. (Thun Hoon, 02/09/16)
BANPU
BANPU plans to COD 118MW this year, with full year capacity of more than 2000MW. Recently, it worked with twelve universities to install solar roofs. It expects 2016 revenue to reach target of Bt120bn backed by coal price recovery. (Thun Hoon, 02/09/16)
BIG
BIG expects 2H16 profit of more than Bt560mn, increasing 200% YoY, supported by introduction of a new mirrorless camera and a Big Pro Days event to raise sales. (Kao Hoon, 02/09/16)
Comment: Looking forward for next year, if they can’t expand their network then growth numbers may drop to single digits
 
BKD
BKD plans to book extra item of Bt400mn from sale of land in 2Q17 after the board approved the sale of 19 rai at Krungthepkritha for Bt487mn. If the company does not reinvest the money, it will use it to pay a dividend. (Kao Hoon, 02/09/16)
Comment: Well if they pay out the entire proceeds from the land sale then it would be more than a 10% special dividend
 
DCON
DCON expects 4Q16 to be peak supported by more orders and booking revenue from the sale of land. It is confident that 2016 revenue will be better than last year. It expects 2016 revenue of no less than Bt1.1bn. It plans to expand production lines and list a subsidiary in 2018. (Thun Hoon, 02/09/16)
EKH
EKH expects 2016 revenue and profit to be a new high. It expects revenue growth of 15% backed by more patients and expects 2H16 earnings to grow more than 1H16 due to high season. It expects 3Q16 earnings to be a new high. It plans to build a new pediatric center next year. (Kao Hoon, 02/09/16)

Continue reading Stocks in the news (amata, banpu, big, bkd, dcon, ekh, kiat, modern, ncl, pace, pf, pimo, rjh, sena, spcg, tcmc, tmill, vibha) 02.09.16

Stocks in the news (bem, epco, gpsc, kiat, ktis, major, npp, samart, sgp, ticon, trc, tvd) 21.07.16

BEM
BEM expects 2Q16 earnings to be good supported by expressway and BTS passengers. It expects 2016 revenue to grow 2.1% from last year. (Thun Hoon, 21/07/16)
EPCO
EPCO announced that it has postponed paying Bt117.50mn for a PP from July 15 to Aug 15, 2016. (Kao Hoon, 21/07/16)
GPSC
GPSC expects 2Q16 profit to be better than 2Q15’s Bt473mn. It expects 2016 profit to grow supported by booking revenue from IRPC and CP and Navanakorn power plant. It plans to operate 1,922MW within 2019. (Kao Hoon, 21/07/16)
KIAT
KIAT expects to get a job to transport chemical products. The project is valued at over Bt300mn and it expects to get 50%. It expects 2H16 to be good supported by new jobs worth Bt500mn. It plans to expand its business abroad and focus on the energy business. It expects to finish the deal to acquire a business this year. (Thun Hoon, 21/07/16)
Comment: If that is the case re the new project then it’ll just increase their recurring income to a higher level
 
KTIS
KTIS eyes packaging growth – The company’s target is to increase revenue from the bagasse packaging segment to 8% of total revenue from its pulp and sugar waste business to 1.3 billion baht within the next few years, up from the current 4%, he said. (Bangkok Post, 21/07/16)

Continue reading Stocks in the news (bem, epco, gpsc, kiat, ktis, major, npp, samart, sgp, ticon, trc, tvd) 21.07.16

Stocks in the news (anan, bch, bm, kiat, loxley, nok, pttgc, scb, smart, spc) 07.06.16

ANAN
ANAN will hold a roadshow in Singapore. It targets 2016 revenue of Bt15.6bn thanks to high demand. It plans to launch Bt18.7bn in new projects, raising its backlog from Bt38.5bn and covering revenue through 2017. (Thun Hoon, 07/06/16)
Comment: Perhaps the hardest hit name post the draft bill re property
 
BCH
BCH expects 2Q16 earnings to be good backed by a bigger customer base and better performance than expected at WMC after it signed contracts to serve more foreign clients. It expects 2016 revenue to grow not less than 10%. It is budgeting Bt500mn to invest in a 140-bed hospital in 4Q16. (Thun Hoon, 07/06/16)
BM
BM expects to talk with prospective Japanese partners after they expressed an interest in acquiring a 20-25% stake. It is talking to three prospective partners to sell conduits in Myanmar. It expects 2Q16 to be good. It expects 2016 revenue to grow 15-20% as targeted. (Khao Hoon, 07/06/16)
KIAT
KIAT got a Bt500mn chemical product logistics project which is expected to contribute Bt100mn revenue per year. It plans to take part in Bt100mn in projects. It is interested in the power business after studying LNG investment. It expects a decision to be made in 4Q16. It expects 2H16 earnings to be good. (Khao Hoon, 07/06/16)
Comment: Still a very steady business. But not sure on this LNG investment

Continue reading Stocks in the news (anan, bch, bm, kiat, loxley, nok, pttgc, scb, smart, spc) 07.06.16

Stocks in the news (aav, cwt, eforl, hmpro, kbank, kiat, maco, ori, planb, ptt, stec, tfd, wiik, win) 31.03.16

AAV
AAV sets 2016 passenger target of more than 16.9mn passengers from 14.8mn. In THE first two months, the number of passengers grew 20%. It has budgeted Bt500mn to buy five planes and for oil price hedging. (Kao Hoon, 31/03/16)
Comment: Without a doubt they are the #1 airline carrier in town. 
CWT
CWT increases revenue target growth to Bt1.7bn supported by wood export business. It expects to get a new customer in the automotive business to increase its backlog by Bt1.5bn. (Thun Hoon, 31/03/16)
EFORL
EFORL reports subsidiary “Siam Snail” plans to open the first snail eco farm in Asia after completing a study. (Thun Hoon, 31/03/16)
Comment: I have no idea how this will add value to its business…a most rather curious case of diversification
HMPRO
HMPRO expects profit in 1Q16 of Bt819mn or growth of 12% supported by positive SSS growth, new stores and profit at the Mega Home format. (Kao Hoon, 31/03/16)

Continue reading Stocks in the news (aav, cwt, eforl, hmpro, kbank, kiat, maco, ori, planb, ptt, stec, tfd, wiik, win) 31.03.16

Stocks in the news (abc, asian, bts, epg, genco, hft ,kiat, ktis, lalin, lhbank, ori, polar, spali, spvi, svi, tmc, tks, world) 19.01.16

ABC
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
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
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
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.

Continue reading Stocks in the news (abc, asian, bts, epg, genco, hft ,kiat, ktis, lalin, lhbank, ori, polar, spali, spvi, svi, tmc, tks, world) 19.01.16

Stocks in the news (acap, akr, brock, bts, epg, fsmart, ifec, jmt, kiat, ticon, tkt, tpoly, tu, tvt, uniq) 24.11.15

ACAP
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
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
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
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.

Continue reading Stocks in the news (acap, akr, brock, bts, epg, fsmart, ifec, jmt, kiat, ticon, tkt, tpoly, tu, tvt, uniq) 24.11.15

Stocks in the news (06.11.15)

Names today: CEI, COM7, CSC, EPCO, GIFT, HFT, HMPRO, JSP, KIAT, MAJOR, ORI, SENA, TAKUNI, UTP

CEI
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
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
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
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)

Continue reading Stocks in the news (06.11.15)

Stocks in the news (akr, aot, cwt, intuch, ilink, jmt, kiat, lpn, pf, samart, smpc, takumi, ticon, tmill, tu, vng, vgi, wha) 16.10.15

AKR
AKR expects 2016 revenue of Bt3.2bn (+60%) on the back of alternative energy and government projects (moving cables underground). It expects this to increase demand for transformers. It is talking to a prospective partner to invest in alternative energy. It plans to invest in 20MW agricultural solar. It plans to bid for a transformer project in Brunei and Malaysia. (Thun Hoon, 16/10/15)
AOT
AOT plans to put expansion Phase 2 of Suvarnabhumi up for bid. It plans to ask approval from its board on Oct 21 for the TOR for two contracts. It expects bidding to open by December. It expects to put three other contracts up for bid next year. (Thun Hoon, 16/10/15)
CWT
CWT expects to show net profit in 3Q15 from 2014’s net loss of Bt1.7mn backed by high orders and the baht depreciation. It expects 2015 revenue of Bt1.2bn on the back of transfers. (Thun Hoon, 16/10/15)
INTUCH
INTUCH expects profit growth of 6% to reach Bt11.8bn in 9M15 even if profit in 3Q15 slips 4% to Bt3.6bn after ADVANC’s profit fell to Bt3.4bn and THCOM’s profit fell to Bt286mn. (Kao Hoon, 16/10/15)
ILINK
ILINK expects profit in 9M15 of over Bt231mn or growth of 68% supported by profit in 3Q15 of Bt63mn derived from distributor and telecom businesses. (Kao Hoon, 16/10/15)
Comment: Again because of the shift in the telco industry and Thailand’s need to improve its IT infrastructure, ILINK is going to be one of the major beneficiaries.

Continue reading Stocks in the news (akr, aot, cwt, intuch, ilink, jmt, kiat, lpn, pf, samart, smpc, takumi, ticon, tmill, tu, vng, vgi, wha) 16.10.15

Stocks in the news (asimar, ba, ccp, ci, eforl, gfpt, kiat, ktb, lanna, match, ncl, paf, ple, solar, stpi, tasco, ticon, true, vng) 24.08.15

ASIMAR
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.

BA
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
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
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)

Continue reading Stocks in the news (asimar, ba, ccp, ci, eforl, gfpt, kiat, ktb, lanna, match, ncl, paf, ple, solar, stpi, tasco, ticon, true, vng) 24.08.15

Stocks in the news (aot, arrow, bbl, big, cbg, cpall, ea, gold, ilink, jsp, kcm, kiat, psl, sawad, syntec, tcap, thai, thcom, tog, tmt, true, tse, ttw, wha) 13.08.15

AOT
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
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
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
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

Continue reading Stocks in the news (aot, arrow, bbl, big, cbg, cpall, ea, gold, ilink, jsp, kcm, kiat, psl, sawad, syntec, tcap, thai, thcom, tog, tmt, true, tse, ttw, wha) 13.08.15