Tag Archives: lhbank

Stocks in the news (a, bgt, earth, fsmart, lalin, lhbank, q-con, max, mcs, mint, pttep, thani, world) 29.07.16

A
A expects 2016 net profit to mark a record high despite the slowdown in 2Q16 sales. It plans to launch 3-4 new projects, valued at Bt2bn. It expects 2016 sales to reach Bt6bn. It targets revenue to hit Bt10bn within three years. (Thun Hoon, 29/07/16)
Comment: It is rather incredible how this property developer started with effectively nothing back in ’97 to achieve these levels of revenues
 
BGT
BGT expects to show a net profit this year thanks to strong growth in sales in 1H16. It plans to launch new products throughout the rest of the year. It targets revenue to grow 15%. It plans to expand to Myanmar with two new branches. (Thun Hoon, 29/07/16)
Comment: A forgotten consumer brand retailer if there was one. One can guess that they’ve struggled with the advent of the new brands hitting the Thai market in the past 5 years
 
EARTH
EARTH expects 2H16 earnings to be good backed by numerous orders and seasonality. It plans to expand to China where it is getting orders amounting to Bt4-6bn/year. (Thun Hoon, 29/07/16)
FSMART
FSMART expects to report its earnings on Aug 11. It expects 2Q16 revenue and profit to record a new high, supported by more top-ups and the addition of 78,000 on-line top-up machines. It will sell 2018 FIFA World Cup Russia tickets on Aug 1. (Kao Hoon, 29/07/16)
Comment: And this compounding machine continues to grow
 
LALIN
LALIN plans to launch new projects to handle demand in 2H16. It expects demand to grow from public transportation. It expects 2016 revenue to grow 15%. Work on hand of Bt700-800mn is expected to be booked this year. (Thun Hoon, 29/07/16)

Continue reading Stocks in the news (a, bgt, earth, fsmart, lalin, lhbank, q-con, max, mcs, mint, pttep, thani, world) 29.07.16

Stocks in the news (ap, arrow, bem, cpn, eason, global, jmt, lhbank, ptt, qh, smm, trc) 23.06.16

AP
AP reports presales of Bt10.5bn for the first five months of the year. It plans to launch 13 projects in 2H16, valued at Bt25.3bn. It targets 2016 presales of Bt31bn with revenue of Bt23.7bn backed by Bt14.7bn backlog. (Khao Hoon, 23/06/16)
ARROW
ARROW expects to get 60% market share because of its strength. It is confident it has potential to handle mega projects. It expects to get large orders from MRT, Suvarnabhumi Phase 2, moving cable to underground, motorway, and private projects. It expects 2016 net profit to mark a record high of Bt300mn, up 22.1%. (Thun Hoon, 23/06/16)
Comment: Their stock price has been declining in the past few months despite the continued growth. 
 
BEM
BEM expects to open Sri Rat outer ring road by August. It expects 97,000 cars/day. It expects this to increase revenue by Bt1.7bn. (Thun Hoon, 23/06/16)
Comment: Just have to love oligopolies
 
CPN
CPN expects 2016-2017 net profit to grow 18-20% aided by opening a new shopping mall and increasing rental and occupancy rate. It expects 2016 net profit of Bt9.49bn. (Khao Hoon, 23/06/16)
Comment: And they’ll have a kicker with condominiums

Continue reading Stocks in the news (ap, arrow, bem, cpn, eason, global, jmt, lhbank, ptt, qh, smm, trc) 23.06.16

Stocks in the news (a, ap, apco, aq, chewa, drt, epco, fer, jmt, kbank, lhbank, plat, pttep, stpi, thai, tsc) 10.06.16

A
Areeya targets 2016 revenue of Bt7bn supported by its backlog of Bt2.34bn, of which will book Bt1.5bn this year. It has stock of Bt3.5bn. It expects sales of Bt10bn in 2016. It plans to launch 12 projects worth Bt20bn. (Khao Hoon, 10/06/16)
Comment: Their stock price performance has one of the smoothest charts I’ve ever seen.
 
AP
AP expects 2Q16 earnings to be better than first quarter due to more transfers. It is confident that 2016 revenue will reach target of Bt23.7bn as it has backlog of more than Bt12bn. It plans to launch 13 new projects valued at Bt25bn in 2H16. (Thun Hoon, 10/06/16)
Comment: They came out with rather strong pre-sale #’s
 
APCO
APCO expects 2Q16 to continue to grow. It expects 2016 revenue growth of 10% and with net profit growing 25%. It will focus on the domestic market. It plans to launch a new product in 4Q16. (Khao Hoon, 10/06/16)
AQ
AQ will focus on low-rise projects. It plans to open two new condos worth Bt1bn. It opened hotel in Chiang Mai to bring rental revenue to Bt200mn per year. (Thun Hoon, 10/06/16)
Comment: Weren’t they recently bankrupt?
 
CHEWA
CHEWA bought a condominium from AQ for Bt586mn. It expects this to contribute revenue rapidly. It expects 2016 revenue of Bt1.7-1.8bn. It plans to open two new projects wtih total value of Bt2bn. (Khao Hoon, 10/06/16)
Comment: Ah see above…
 
DRT
DRT accepts that 2Q16 earnings will decrease from 1Q16 due to low season and demand. However, it maintains its 2016 target of revenue growth of 5%, supported by growing exports to CLMV+1. It expects to increase the export portion to 18%. It has budgeted Bt100mn to renovate machines. (Khao Hoon, 10/06/16)
Comment: But they have announced a sharebuyback, last time was in 2009

Continue reading Stocks in the news (a, ap, apco, aq, chewa, drt, epco, fer, jmt, kbank, lhbank, plat, pttep, stpi, thai, tsc) 10.06.16

Stocks in the news (advanc, aira, ci, fpi, gpsc, ivl, lalin, lhbank, pk, sena scc, sim, sprc, susco, thcom, tmi, tse) 05.04.16

ADVANC
ADVANC expects 1Q16 earnings to drop to Bt9.26bn, down 6% because of the higher expense of Bt3.5bn needed to keep its 2G subs. (Khao Hoon, 05/04/16)
Comment: Part of expectations to an extent however the question how comes how/why/when would they bid /receive the spectrum that JAS failed to pay for 
AIRA
AIRA plans to launch nano-finance in May. It targets people aged between 20-55 years old with maximum credit of Bt50,000. It will open its first branch in Silom Complex. (Thun Hoon, 05/04/16)
CI
CI indicates 1Q16 earnings will exceed target of Bt500-600mn supported by more project transfers. It expects 2016 revenue will hit target of Bt3bn. It has backlog of more than Bt2.5- 2.6bn, of which it will realize 50% this year. The company will book a Bt1.2bn extra gain from the sale of Sripanwa phase 2 to REIT in 2H16. (Thun Hoon, 05/04/16)
Comment: They’re beginning to perform like a decent property developer. 
FPI
FPI board approved a dividend of Bt0.07/share, payment on April 29. It sets 2016 revenue target growth of 10%. It plans to build a factory in India and start operating in 4Q16. It has orders amounting to more than Bt300mn. (Thun Hoon, 05/04/16)
GPSC
GPSC plans to spend Bt3.15bn to invest in a 20.8MW solar farm in Japan. It expects to sell electricity in 4Q16. (Thun Hoon, 05/04/16)

Continue reading Stocks in the news (advanc, aira, ci, fpi, gpsc, ivl, lalin, lhbank, pk, sena scc, sim, sprc, susco, thcom, tmi, tse) 05.04.16

Stocks in the news (akr, global, gpsc, ifec, jubile, lhbank, perm, pb, ps, rs, tacc, tmc, tpch, tu, upa) 30.03.16

AKR
AKR expects 2016 revenue to grow not less than 50% aided by public projects. It plans to cooperate with agricultural cooperatives to take part in government unit solar farm in April. It expects to get electricity transformer orders in May. It expects to take part in Bt6bn bids. Investors in Singapore and China are interesting to invest in solar farm if government allows doing. (Thun Hoon, 30/03/16)

GLOBAL
GLOBAL expects 1H16 earnings to be good on high season. It expects 2016 revenue to grow 10-15% from 2014’s Bt17.4bn. It is budgeting Bt2bn to open 8 stores. (Thun Hoon, 30/03/16)
Comment: I still don’t see GLOBAL’s business performing well until there is far more infrastructure investments throughout the country and plus they still have one of the worst CF’s in the retail business in Thailand

GPSC
GPSC expects 1Q16 earnings to be good on the back of IRPC Clean Power. It plans to start up the 123MW Nava Nakorn power plant in 2Q16. It targets 1,400MW capacity at the end of 2016. (Khao Hoon, 30/03/16)

IFEC
IFEC expects to get a 100MW Japanese solar farm in 2Q16 after signing a letter of intent with a Japanese partner. It expects Dhara Dhevi to exit rehabilitation plan in 2Q16. (Thun Hoon, 30/03/16)
Comment: Another random LOI? How about some action instead IFEC.,

JUBILE
JUBILE expects 1Q16 earnings to be good driven by Forevermark. It targets revenue to grow 10-15% with 40% profit margin. (Thun Hoon, 30/03/16)
Comment: This company has been experiencing growing pains, they expanded stores tremendously in the past 6 years and then in the first 3-4 years had a decent SSSG until the last few years where they have struggled. If you believe the consumer is going to start spending $ that they don’t have they JUBILE may be one of your best bets.

Continue reading Stocks in the news (akr, global, gpsc, ifec, jubile, lhbank, perm, pb, ps, rs, tacc, tmc, tpch, tu, upa) 30.03.16

Stocks in the news (akr, global, gpsc, ifec, jubile, lhbank, perm, pb, ps, rs, tacc, tmc, tpch, tu, upa) 30.03.16

AKR
AKR expects 2016 revenue to grow not less than 50% aided by public projects. It plans to cooperate with agricultural cooperatives to take part in government unit solar farm in April. It expects to get electricity transformer orders in May. It expects to take part in Bt6bn bids. Investors in Singapore and China are interesting to invest in solar farm if government allows doing. (Thun Hoon, 30/03/16)

GLOBAL
GLOBAL expects 1H16 earnings to be good on high season. It expects 2016 revenue to grow 10-15% from 2014’s Bt17.4bn. It is budgeting Bt2bn to open 8 stores. (Thun Hoon, 30/03/16)
Comment: And the stock price had a positive move after management stepped down after being caught for insider trading

GPSC
GPSC expects 1Q16 earnings to be good on the back of IRPC Clean Power. It plans to start up the 123MW Nava Nakorn power plant in 2Q16. It targets 1,400MW capacity at the end of 2016. (Khao Hoon, 30/03/16)

IFEC
IFEC expects to get a 100MW Japanese solar farm in 2Q16 after signing a letter of intent with a Japanese partner. It expects Dhara Dhevi to exit rehabilitation plan in 2Q16. (Thun Hoon, 30/03/16)
Comment: I’ve seen them announce a million LOI’s…

Continue reading Stocks in the news (akr, global, gpsc, ifec, jubile, lhbank, perm, pb, ps, rs, tacc, tmc, tpch, tu, upa) 30.03.16

Stocks in the news (abc, ait, bsm, drt, lhbank, sf, smpc, sprc, tasco, tipco, tsr) 18.02.16

ABC
Asset Bright is expanding its business. It is preparing to open “ABC Pet World”, the biggest pet shopping center in Thailand, hopefully in 3Q16. It sees the pet market as valuated at Bt20bn with annual growth of 10-15%. (Khao Hoon, 18/2/16)
Comment: Perhaps instead of me mocking ABC continuously I should be supportive of these entrepreneurial projects that the company is undertaking from solar, to condominiums, to hotels, to internet services and now a Pet world…

AIT
AIT reported net profit of Bt532.5mn in 2015. The decrease in net profit is due to customers delaying their investment in IT. The board has approved a dividend of Bt1.5 on 2H15. It targets revenue growth of 10% supported by ICT industry recovery. (Khao Hoon, 18/2/16)
Comment: The whole industry suffered last year, mainly b/c of the lack of action by the government.

BSM
BSM negotiating with partner to invest in a new big project. The progress in the JV with a partner in Australia will be clear in 2Q16. It expects revenue in 2016 of Bt700mn supported by exports. (Thun Hoon, 18/2/16)
Comment: I have always liked this company but never cared for its valuation…

DRT
DRT sets revenue target at Bt4.2bn or growth of 5% in 2016 supported by exports. It plans to increase revenue in CLMV+I. The company plans to sell its products to property developers in Myanmar and Cambodia. (Khao Hoon, 18/2/16)
Comment: I still have doubts on their ability to grow, a value trap potentially if one isn’t careful..

Continue reading Stocks in the news (abc, ait, bsm, drt, lhbank, sf, smpc, sprc, tasco, tipco, tsr) 18.02.16

Stocks in the news (asefa, bcp, big, bwg, fsmart, lhbank, malee, pca, pttep, ptg, pylon, siam, sr, tsf) 29.01.16

ASEFA
ASEFA expects its new plant to run this February. This plant will raise its capacity by 50%. It plans to open five more after-sales service centers to handle upcoming large orders. (Thun Hoon, 29/01/16)
Comment: Well the question will turn to utilisation rates, its a new ipo, not much of a public market track record and we still have many questions about it.

BCP
BCP expects 2015 net profit to be over Bt4.1bn (500% growth) despite net loss of Bt99mn in 4Q15 from stock and impairment loss. (Khao Hoon, 29/01/16)

BIG
BIG targets 2016 revenue to grow 10% by offering photography services and solutions. It plans to provide another service, printing photos from mobile phones, targeting the youth. It plans to pay a dividend on its robust 2015 earnings. (Thun Hoon, 29/01/16)
Comment: They say that 1) Margins are stable 2) Growth comes from consumers actually wanting to use cameras and the change in consumer behaviour; I say 1) Ok 2) Don’t see it ccontinuing

BWG
BWG targets 2016 revenue growth of 10-15% backed by increasing waste income. It is working with EGAT to invest in a waste power plant. It plans to cooperate with IEAT to invest in IE for alternative energy, with a decision to be made by April. Foreign investors are interested in its shares via PP. (Khao Hoon, 29/01/16)
Comment: It would be interesting to see how this company develops….if everything they say is true then there could be a decent amount of upside available. No idea why they would need a PP give that their capital base seems solid

FSMART
FSMART targets 90,000 Boon-Term Top-Up machines by the end of this year. It expects these to contribute Bt21bn revenue in 2016. It expects to offers a new platform for its Top-Up machines to make them more user friendly. (Thun Hoon, 29/01/16)
Comment: Just amazeballs

Continue reading Stocks in the news (asefa, bcp, big, bwg, fsmart, lhbank, malee, pca, pttep, ptg, pylon, siam, sr, tsf) 29.01.16

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 (anan, auct, fsmart, ilink, jas, kce, lhbank, ml, pace, planb, sat, seafco, tkt, tpch, trubb, tsr) 14.10.15

ANAN
ANAN says its backlog is Bt36bn of which Bt6bn is expected to be booked in 4Q15. It plans to launch two condominium projects at Bang Sue and Silom valued at Bt8bn. (Khao Hoon, 14/10/15)
AUCT
AUCT expects to get 4G auction system project management from NBTC. It expects this to contribute revenue in 4Q15. It expects 3Q15 earnings to be good. It expects to revise up revenue by 20-40%. It plans to bid for a condominium in 4Q15. (Thun Hoon, 14/10/15)
Comment: That is quite interesting, if you remember the interview posted within the past few weeks, AUCT was hinting towards being able to auction any and every type of product
FSMART
FSMART expects 2015 earnings to be good. It targets 57,000 Boon Term Top Up machines by the end of this year. It expects 2H15 earnings to be better backed by new products. It expects 2015 revenue to grow 30% as targeted. (Thun Hoon, 14/10/15)
Comments: And the cash machine still continues to grow and grow
ILINK
ILINK expects to get a Bt3bn project from PEA which is expected to put up for bid this year. It expects 2015 revenue of Bt3bn on the back of a Bt2bn submarine cable project at Ko Pha Ngan. It expects the telecom market to grow 100% because of the moves toward a “digital economy”. It plans to list Interlink Telecom next year. (Thun Hoon, 14/10/15)
Comment: Still one of the biggest beneficiaries in the “digital economy” market

Continue reading Stocks in the news (anan, auct, fsmart, ilink, jas, kce, lhbank, ml, pace, planb, sat, seafco, tkt, tpch, trubb, tsr) 14.10.15