ABC expects net profit to be back in the black this year. It expects to launch ABC Residence and ABC Pet World projects, valued at Bt7.5bn, in 3Q16. It plans to wipe out all retained losses this year. (Khao Hoon, 16/03/16)
Comment: I’m beginning to be very bored of the newsflow from this company….
ADVANC ‘Respite’ for AIS’s 400,000 2G users facing cut-off – The Central Administrative Court decided to allow AIS extend the signals for 2G SIM cards on the 900 MHz network until March 21. The signals were due to be switched off at midnight yesterday The court’s decision follows a request by ADVANC for an order to force the NBTC to extend the period for 2G customer retention and ensure service continuity as stipulated in rules set out by the National Broadcasting and Telecommunications Commission (NBTC). (Bangkok Post, 16/03/16)
Comment: Now the question is what will happen to that license if JAS doesn’t pay up?
ASK expects 2016 loan growth of 15% backed by higher truck demand for government projects and stimulus measures. It expects to benefit from AEC. It plans to expand its customer base. (Thun Hoon, 16/03/16)
Comment: While still paying a decent dividend.
BEC has high hopes of sports programmes shoring up TV ratings and advertising revenue on top of top-rated dramas this year after the news-show category experienced a slowdown due to intense competition and the impact from the departure of famous TV host Sorrayuth Suthassanachinda. (The Nation, 16/03/16)
Comment: People slightly misunderstand what is happening with BEC, everyone says that they are losing a fortune but in reality they are still the leading player in the media business, but because of increased supply in the industry their ASP’s have dropped.
BIG expects 1Q16 earnings to be good with net profit of Bt160mn (120% growth) thanks to camera sales. It expects its market share to increase to 63% this year. (Khao Hoon, 16/03/16)
Comment: Much to our surprise, the stock has been on a tear for the past few months
CNT expects 2016 net profit to grow backed by higher revenue from condominium projects. (Khao Hoon, 16/03/16)
GLOBAL’s 2015 net profits grow 20% from last year’s Bt701mn, driven by numerous orders. It targets 2016 revenue to grow 10%. A plan to invest in Myanmar will be finalized within 1H16 (Thun Hoon, 17/2/16)
Comment: And yet they still have one of the worst inventory turnover’s I’ve seen…
KCE’s 2015 net profit was Bt2.24bn (+6.2% YoY) with sales growth of 10.3% to Bt12bn. 4Q15 net profit was Bt630mn, hitting a new high. (Khao Hoon, 17/2/16)
Comment: No surprise if you’ve been following this company for the past few years..
KTC expects to see 2016 financial performance to be in line with 2015. NPL is expected to reduce to 2.1%. It plans to do business aggressively to boost market shares. (Khao Hoon, 17/2/16)
Comment: We’ve said this since last year, the issue for KTC now is no longer operational, its sales, growing revenue and I doubt that they’ll be able to do more than 2x the industry growth rate unless they shift into other products.
MAJOR looks more to non-film revenue – MAJOR will renovate some of its cinemas nationwide in a bid to achieve almost 12% revenue growth from group bookings and events. It expects 11.8% growth in group bookings to Bt190mn this year. It believes this business has great potential despite contributing only a small proportion of total ticket sales. (Bangkok Post, 17/02/16)
Comment: I’ve always liked this company, perhaps for the first time in a while it may be time to relook at it if they can monetise their assets better..
ARROW plan to invest Bt40mn to build construction manufacturing plant. It expects to get revenue of Bt100mn with 20% revenue growth this year. (Thun Hoon, 1/12/15)
Comment: And this little company continues to grow and grow
BSM to finalize partnering with Australian company. It expects to get Bt35mn each year. It aims to drive revenue to grow 20% to reach Bt700mn. It expects to generate revenue of Bt570mn this year by expanding business abroad. (Thun Hoon, 1/12/15)
CHO said this year’s net profit could fall YoY. It plans to file a lawsuit against BMTA for cancelling the NGV bus auction. Its target growth this year is 2% and aims at 10% next year. (Khao Hoon, 1/12/15)
Comment: The owner doesn’t seem to like this current government much at all.
CWT expects to approval of biomass power plant this week. It targets 2015 revenue of Bt1.3bn. (Thun Hoon, 1/12/15)
Comment: A dodgy shareholder and business owner, trade/invest at your own peril.
KTC expects 2015 profit of Bt2bn. It plans to expand aggressively next year. (Thun Hoon, 1/12/15)
Comment: Again the issue here is top line growth, and there has been recent news that the BOT has reduced the maximum penalty fee allowed to be charged from 250 to 100 baht.
ABC plans to do M&A and acquisition. It is talking to acquire two property projects and expects the deal for one to be concluded this year. It plans to launch the Bt2.5bn ABC Residential condo. It plans to introduce a new service “E-Payment” in December. (Khao Hoon, 23/11/15)
Comment: We are still confused about this company’s business model, eservices, property, renewable energy?!
COM7 expects 2015 revenue to be an 18-year high. It expects 4Q15 revenue to be not less than Bt4bn thanks to 4G. It expects to finish its 2016 business plan in December. (Thun Hoon, 23/11/15)
Comment: And iphone sales of course
CSP is talking to prospective partners to take part in mega project. It expects talks to be concluded at the beginning of next year. It expects 2016 revenue to turn around, backed by Bt100-200mn in exports to Myanmar. (Thun Hoon, 23/11/15)
CTW expects 2016 to grow because it plans to expand its business by doing a JV between its subsidiary and a management system company. It expects to be a major systems management company for ADVANC, DTAC, and TRUE. It expects to get many projects from both the public and private sectors. It expects to get an MRT project from ITD. (Thun Hoon, 23/11/15)