Tag Archives: lit

Stocks in the news (aot, bem, bjchi, brr, cbg, itd, itel, ksl, lit, ptg, qtc, tkn, uac) 15.09.16

AOT
Suvarnabhumi expects bids by October – The long-awaited expansion of Suvarnabhumi airport is slated to have an auction for contractors in October, with construction starting by February, says president Nitinai Sirismatthakarn of the state-controlled Airports of Thailand (AoT). (Bangkok Post, 15/09/16)
BEM
MRTA will negotiate with BEM for the Blue Line extension, Chaloem Ratchamongkhon Line and hub station next week. MRTA plans for concessions to expire in 2049. (Kao Hoon, 15/09/16)
BJCHI
BJCHI plans to bid for a new job worth Bt20bn and expects to get this job. This will increase its backlog from Bt3.1bn. It expects 2016 revenue to achieve its target growth of 15% from Bt5.7bn in 2015, supported by more new orders. (Thun Hoon, 15/09/16)
BRR
BRR expects 2016 revenue and profit to be stable from last year backed by a recovery in sugar price in 2H16. It has now switched to FiT for its power business and this will boost revenue by 20% and lift the proportion of revenue from power to 10%. It plans to set up a fund worth Bt3.6bn next year. (Kao Hoon, 15/09/16)
Comment: Could sugar names be the biggest turnaround story next year? Like the O&G and Food names this year. 
 
CBG
CBG expects 2H16 earnings to be good after reporting 1H16 revenue of Bt4.48bn supported by demand from home and abroad. It expects 2016 sales to grow 20% from last year due to more customers. It has budgeted Bt2.61bn to increase can and bottle production capacity. (Thun Hoon, 15/09/16)

Continue reading Stocks in the news (aot, bem, bjchi, brr, cbg, itd, itel, ksl, lit, ptg, qtc, tkn, uac) 15.09.16

Stocks in the news (akp, bch, bcp, biz, ivl, jas, lit, mill, oishi, ori, prin, pttgc, qlt, sawad, spali, tasco, tfg, tkn, tpch) 11.08.16

AKP
AKP reported 2Q16 net profit of Bt18.08mn, up 61.6% YoY. It expects 2H16 performance to achieve its target. (Thun Hoon, 11/08/16)
BCH
BCH expects 2H16 earnings to be good supported by a faster breakeven at WMC than expected. It plans to increase Social Security clients to 800,000. It expects 2016 revenue to grow no less than 10%. (Thun Hoon, 11/08/16)
Comment: Well WMC has been waiting to breakeven for a long time…
 
BCP
Bangchak seeks 4th revenue engine – BANGCHAK PETROLEUM is seeking a new business to perform as the “fourth engine” of the company, after the spin-off of its green-power business. (The Nation, 11/08/16)
Comment: And the spin is expected to happen within the next 6 months
 
BIZ
BIZ reported 2Q16 net profit of Bt8.1mn and total revenue of Bt106.59mn, a surge of 502.51% YoY due to realizing more revenue. (Thun Hoon, 11/08/16)
IVL
IVL reported 1H16 net profit of Bt10.84bn, increasing 95% YoY, and 2Q16 profit of Bt5.95bn supported by PET business recovery and booking extra gain of Bt2.49bn from an acquired business. (Kao Hoon, 11/08/16)
Comment: So they were able to boost their 1H16 #’s due to “extra gain” bookings from acquisitions, what magical things await in 2H16?
 

Continue reading Stocks in the news (akp, bch, bcp, biz, ivl, jas, lit, mill, oishi, ori, prin, pttgc, qlt, sawad, spali, tasco, tfg, tkn, tpch) 11.08.16

Stocks in the news (acap, akr, bkd, chg, gold, ivl, lit, lph, oishi, ppp, siri, spa, tfg, tipco, uac) 25.07.16

ACAP
ACAP plans to expand to Cambodia and Myanmar via subsidiary “Capital OK” and expects to conclude the deals this year. It targets loans to reach Bt3bn after reported 1H16 loans of Bt2.1bn. It plans to issue a new debenture worth Bt600mn in 4Q16. It expects to list a subsidiary on the SET. (Thun Hoon, 25/07/16)
Comment: It isn’t unimagineable to see Thai financial co’s to gain strong market share in Laos and Cambodia, Myanmar however, could be a tougher nut to crack
 
AKR
AKR expects 2016 revenue growth of 25% supported by outstanding 2H16 earnings. It expects 2016 earnings to be expanded by government projects such as mass transit lines, SEZ and property that will support demand. (Thun Hoon, 25/07/16)
BKD
BKD expects 2H16 to be good. It plans to bid for 2-3 new jobs worth Bt3bn, of which it expects to get Bt1.5bn. It has backlog of more than Bt1.7bn and expects to book this in 3Q16. (Khao Hoon, 25/07/16)
CHG
CHG spent Bt600mn to invest in Ruamphat Chacherngsao Hospital. Construction will begin this September and it will open in 2018. (Khao Hoon, 25/07/16)
GOLD
GOLD expects to report good earnings in 2Q16 in mid-August. Its presales hit Bt8.5bn for the first half of the year with Bt3bn backlog. (Khao Hoon, 25/07/16)
Comment: The story for this company is rather well covered, residential property sales with some offices and a REIT.
 
IVL
IVL expects 2Q16 net profit to reach Bt2.5bn driven by higher sales and higher spread between PTA and PET. (Thun Hoon, 25/07/16)
Comment: And another revaluation of an acquisition ?
 
LIT
LIT expects 2H16 earnings to be good from seasonality in 3Q16. It expects revenue, net profit, and loan portfolio to grow not less than 30%. It expects 2016 performance to mark a record high. (Thun Hoon, 25/07/16)

Continue reading Stocks in the news (acap, akr, bkd, chg, gold, ivl, lit, lph, oishi, ppp, siri, spa, tfg, tipco, uac) 25.07.16

Stocks in the news (ait, bjc, chow, ck, dcorp, ea, forth, gpsc, lit, samco, sat, seafco, sgp, super, tmb) 03.06.16

AIT
AIT has backlog of Bt2.73bn, which it expects to realize in two years. It plans to bid for new jobs worth Bt18bn and expects to get at least 45-50%. It plans to expand its Data Center project with a partner with a budget of Bt800mn. It is negotiating with a partner to add new products in Cambodia and Laos. (Thun Hoon, 3/6/16)
Comment: It does look like the IT project sector his beinnng to show some life
BJC
BJC expects 2016 revenue growth of 300% supported by BIGC earnings. It expects to finish the rights offering and private placement in July-August. It plans funding of Bt80bn. (Kao Hoon, 3/6/16)
Comment: and a dilution of … ?
 
CHOW
CHOW reported 1Q16 profit growth 381.60% supported by steel business recovery and more orders. It is building a new 12MW facility in Japan and expects to be able to record revenue from at least 80MW. It has EPC backlog of ¥12bn. (Thun Hoon, 3/6/16)
Comment: perhaps one of the few companies to have made a proper concerted effort to shift from construction to alternatives
CK
CK expects to sign the Bt19.4bn contract to construct Sayaburi in 2Q16, lifting its backlog to Bt97bn. If BEM gets the Blue Line job, it expects to get a contract to build the rail network valued at Bt25bn. (Kao Hoon, 3/6/16)
DCORP
DCORP bought 40% in a solar power plant in the Philippines from two companies. The plant has capacity of 320MW. It expects to spend no more than US$15.36mn. It expects to finish the deal in July. It expects sustainable revenue and profit growth. (Thun Hoon, 3/6/16)
Comment: #s don’t quite add up if it only costs USD 15mn to buy a stake in a powerr plant that has 320MW in capacity

Continue reading Stocks in the news (ait, bjc, chow, ck, dcorp, ea, forth, gpsc, lit, samco, sat, seafco, sgp, super, tmb) 03.06.16

Stocks in the news (aot, egco, epg, fn, gold, gunkul, lit, nncl, pf, preb, ps, sappe, tcc, tmill) 26.05.16

AOT
The board of directors of Airports of Thailand’s (AOT) yesterday approved the master plan for the development of Chiang Mai airport. The project will be carried out in two phases. The first, set for 2016 to 2025, is aimed at boosting the airport’s passenger capacity to serve 18 million travelers a year. In the second phase, from 2026 to 2030, the capacity will be further increased to serve 20 million passengers per year, of which 8 million will be international passengers and 12 million domestic travelers. (The Nation, 26/5/16)
Comment: And the monopoly will continue growing, interesting fact learnt last night, Thailand has ~30-40 mn visitors p.a., Spain has ~70mn. 
 
EGCO
EGCO expects to book revenue from Khanom power plant unit 4 in 3Q16 and expects to start commercial operations on June 19, 2016. The Chaiyaphum wind farm is expected to start up in late 2016. It plans to expand its business abroad, with an eye especially on the Philippines. It plans to cooperate with a partner to invest in a battery storage electrical system. (Kao Hoon, 26/5/16)
EPG
EPG expects 2017 revenue to grow to Bt10bn supported by continued growth in its overall business. Government projects will increase construction materials demand. It expects the board to approve new investment. (Thun Hoon, 26/5/16)
Comment: But the driver is still going to be the shift from metal based materials on automotives to plastic based. 
 
FN
FN sent filing to the SEC for an IPO of 250 million shares. It plans to expand its branches and renovate old branches. (Thun Hoon, 26/5/16)
GOLD
GOLD expects 2Q16 to be good supported by property tax incentives. It expects 2016 revenue will hit its target of Bt9.7bn supported by more demand. It plans to build a condo and open 12 new projects. This will increase its backlog from Bt4bn. (Thun Hoon, 26/5/16)
Comment: Their issue, just as we have already seen with PS, is that there is a certain limitation to how far a property company can grow in Thailand as Bangkok is the only real targetable market.
 
GUNKUL
GUNKUL plans to acquire a company that has a solar farm PPA. It expects to get 150MW this year. It expects more revenue in 2H16. It plans to increase its revenue target of Bt5.8bn in 3Q16. (Thun Hoon, 26/5/16)

Continue reading Stocks in the news (aot, egco, epg, fn, gold, gunkul, lit, nncl, pf, preb, ps, sappe, tcc, tmill) 26.05.16

Stocks in the news (ircp, lit, mega, richy, samco, solar, stpi, takuni, tog, tpch, tpipl, tvo) 11.04.16

IRCP
IRCP expects 2016 revenue and net profit to grow 50% because it plans to take part in Bt5bn bids. It expects winners of the Bt1bn in public projects up for bids to be announced soon. It expects to complete a deal (investing in E-commerce) with a Korean investor in 2Q16. (Khao Hoon, 11/04/16)
LIT
LIT will pay dividend of Bt0.18/share, XD on April 25. It targets no less than 30% growth in loans, revenue, and net profit in 2016. (Khao Hoon, 11/04/16)
MEGA
MEGA expects 2Q16 earnings to grow 5-10% aided by increasing sales. It plans to launch seven new products this year. It is budgeting Bt540mn to invest in a distribution center in Myanmar. (Khao Hoon, 11/04/16)
Comment: And yet their growth hasn’t really materialised. I still like their distribution business in Myanmar and this should pay off for them in the future but for now things don’t look exciting.
RICHY
RICHY plans to launch The Rich condo at Nana in May, valued at Bt3.7bn. It expects its good location to be a strength. It will hold a roadshow in Bahrain in May. (Khao Hoon, 11/04/16)

Continue reading Stocks in the news (ircp, lit, mega, richy, samco, solar, stpi, takuni, tog, tpch, tpipl, tvo) 11.04.16

Stocks in the news (aot, bigc, bjc, eastw, fsmart, kkc, ktc, lit, mint, planb, sccc, smpc, snc, svi, tcap, tnh, top, trc) 15.02.16

AOT
AOT to report 1QFY16 today, profit estimated at Bt4.48bn, growing 20% supported by an 11% rise in passengers to 28.9 million. It expects good earnings in 2Q16. It expects profit in FY2016 of Bt18.5bn based on the ATTA estimate of 13% growth in passenger flow-through in 2016. (Khao Hoon, 15/2/15)
Comment: It should be rather incredible #’s coming out of AOT..yet again
BIGC/TCC
Berli Jucker Plc (BJC) to buy the 58.56% stake in Big C from France-based Casino Group. TCC Group led by billionaire Charoen Sirivadhanabhakdi has assigned subsidiary BJC to make the purchase, borrowing Bt220bn to finance the acquisition. (Bangkok Post, 13/2/15)
Comment: We are curious to see how shareholders of BJC react to this given that they had initially rejected Metro Vietnam at BJC’s first attempt
EASTW
EASTW reported net profit of Bt1.58bn, growth of 18.79%. It reported revenue from sales and services of Bt4.36bn, up 2.94%, on an improvement in the economy. (Khao Hoon, 15/2/15)
Comment: Scale scale scale
FSMART
FSMART reported net profit of Bt272mn, 77% growth. It reported total revenue of Bt1.68bn, up 45%. The board approved a full year dividend of Bt0.15; the, interim dividend of Bt0.02 will be paid in 2H16. (Khao Hoon, 15/2/15)
Comment: Just incredible #’s continuing to come out of FSMART!

Continue reading Stocks in the news (aot, bigc, bjc, eastw, fsmart, kkc, ktc, lit, mint, planb, sccc, smpc, snc, svi, tcap, tnh, top, trc) 15.02.16

Stocks in the news (acap, ccp, centel, crane, forth, gl, irpc, lit, mjd, ppp, ps, sawad, smart, tasco) 07.01.16

ACAP
ACAP expects 2016 performance to turn around aided by recovery in every business. It expects its loan portfolio to reach Bt2bn this year. It expects 4Q15 earnings to be the best backed by business restructuring and its loan growth. (Thun Hoon, 07/01/16)
Comment: We do wonder what else the new shareholder is going to be doing with ACAP, it does have a decent balance sheet

CCP
CCP targets 2016 revenue of Bt2.6bn (from Bt2.4bn in 2015) with net margin of over 4%. It has budgeted Bt150mn to improve its machinery and increase capacity. Its backlog is Bt2.4bn. (Khao Hoon, 07/01/16)

CENTEL
CENTEL expects 2015 revenue to achieve target of Bt19bn, with more growth in 2016. It plans to expand both food and hotel businesses. It expects to get 8-10 hotel management contracts each year. It will hold a roadshow in Singapore this week. (Khao Hoon, 07/01/16)
Comment: Still a B-grade version of MINT but their hotel side will always continue to perform well.

CRANE
CRANE is budgeting Bt200mn to invest in new equipment. It expects 2016 revenue growth of 25% on the back of a boom in construction. It plans to take part in project bidding. (Thun Hoon, 07/01/16)
Comment: There’s always been hidden value in the CRANE and it’s been well known for monkey years.

Continue reading Stocks in the news (acap, ccp, centel, crane, forth, gl, irpc, lit, mjd, ppp, ps, sawad, smart, tasco) 07.01.16

Stocks in the news (advanc, akr, apco, csl, css, dna, emc, fpi, lit, ori, sawad, sithai, snp, spcg, super, takuni, vpo) 09.11.15

ADVANC
ADVANC expects to report 3Q15 earnings tomorrow. It expects 9M15 net profit of Bt28bn (+4%) despite 3Q15 net profit dropped by 7% to Bt8.35bn. (Khao Hoon, 09/11/15)

AKR
AKR expects to get a Bt150mn electric transformer project from the MEA, which will raise its backlog to Bt600mn. It expects 2015 revenue to achieve target of Bt2bn backed by high demand. It is expanding into another solar farm. (Thun Hoon, 09/11/15)

APCO
APCO reported 3Q15 revenue of Bt94.89mn with Bt21.33mn net profit, affected by the slowdown in local demand. It plans to broaden its market by advertising on free TV, which it expects will increase revenue. It plans to launch new products via drug stores. It plans to expand business via MLM (Multi-Level Marketing) in AEC and abroad. (Thun Hoon, 09/11/15)
Comment: A friend commented best on this, a wonderful marketing company but their products have little impact on one’s health.

CSL
CSL reported 3Q15 net profit of Bt85.96mn from 3Q14’s net loss of Bt464.34mn backed by data center project and dividend from a subsidiary. 9M15 revenue was Bt2.23bn with net profit of Bt248mn. (Thun Hoon, 09/11/15)

Continue reading Stocks in the news (advanc, akr, apco, csl, css, dna, emc, fpi, lit, ori, sawad, sithai, snp, spcg, super, takuni, vpo) 09.11.15

Stocks in the news (22.10.15)

Names today: AIT, ILINK, BKD, CHOW, DELTA, DEMCO, EASTW, EPCO, FORTH, LIT, MCS, QH, SAMCO, SUSCO

AIT
AIT cooperating with ILINK to invest in a data center. It has got a Bt600mn job which is expected to start up in 2016. It expects this to boost performance next year. It expects 2015 revenue of Bt5.2bn with Bt3.2bn work on hand. (Thun Hoon, 22/10/15)
Comment: Quite clever that these two firms are going to work together with the data center’s.

BKD
BKD expects 2016 revenue to be good on the back of Bt2.7bn backlog. It expects 2015 revenue of Bt1.3bn. (Khao Hoon, 22/10/15)

CHOW
CHOW expects 2016 net profit of Bt350mn. It plans to list its subsidiary soon. 3Q15 performance is expected to grow from 2Q15 because of numerous orders and revenue contribution from solar farm in Japan. (Thun Hoon, 22/10/15)
Comment: The expansion to Japan is will begin full contribution next year, and I am curious to see how the Thai firms GUNKUL and CHOW deal with the currency fluctuation.

DELTA
Hong Kong investors are interested in DELTA shares because of its strong fundamentals and good financial status. It expects this deal to be finalized soon. It expects 2015 revenue to grow 5-10% from 2014’s Bt45bn backed by high demand and the weaker bath. (Thun Hoon, 22/10/15)

Continue reading Stocks in the news (22.10.15)