Tag Archives: LPN

Stocks in the news (anan, ba, ckp, egco, gtb, inet, itel, jas, lalin, lpn, major, nwr, singer, tfd, twpc) 27.09.16

ANAN
ANAN expects to launch five projects with a total value of Bt13bn in 4Q16 which it believes will lift 2016 presales to reach its target of Bt22bn. Presales are now at Bt14.3bn and backlog at Bt38.5bn. It will book revenue of Bt12bn in 2H16. (Kao Hoon, 27/09/16)
Comment: Same story as yesterday and as it has been for past the 12 months 
 
BA
BA expects 2Q16 earnings to be good, supported by high season. It says prebooking will be over 13% and expects 2016 net profit to be a new high. It targets 2016 revenue growth of no less than 10% and passenger load to reach 70%. ( Thun Hoon, 27/09/16)
CKP
CKP share price surged due to expectation of a 2H16 profit of over Bt300mn or growth of 53% YoY, driven by more capacity from Nam Ngum 2. (Kao Hoon, 27/09/16)
Comment: I’m only thinking when will they sell things off to a fund of sorts, otherwise the valuation is a bit rich for my liking.
 
EGCO
EGCO is working with a partern to take over geothermal power plants in Indonesia and the Philippines. It expects to wind up the deal in November. It expects 3Q16 earnings growth as it books revenue from Khanom power plant 4. ( Thun Hoon, 27/09/16)
GTB
GTB targets 2016 revenue growth of 8%. It has backlog of Bt700mn and expects to book revenue of Bt500mn in 2H16. It expects to get a new job worth of Bt80mn soon. It targets an increase in revenue from abroad to 20% within three years. (Kao Hoon, 27/09/16)

Continue reading Stocks in the news (anan, ba, ckp, egco, gtb, inet, itel, jas, lalin, lpn, major, nwr, singer, tfd, twpc) 27.09.16

Stocks in the news (aot, beauty, bsm, bwg, cgd, ecf, epco, ihl, jas, kool, lanna, lpn, nusa, ps, tasco) 20.09.16

AOT
AOT expects 2016 profit of more than Bt19bn. It expects 4Q16 profit of Bt4.2bn, growth of 10% YoY, supported by more passengers and more flights. (Kao Hoon, 20/09/16)
Comment: There have been mumurs that if Thailand really does crack down on the zero dollar tourists from China that AOT could lose 10% of revenues
BEAUTY
BEAUTY sets 2016-2020 revenue target growth of 20% each year supported by expanding into Asia. It expects to conclude a deal to set up a distributor in Hong Kong in 4Q16 and increase revenue from other business. It expects 2016 revenue of more than Bt2.1bn. (Kao Hoon, 20/09/16)
BSM
BSM expects 2H16 revenue and profit to grow supported by high season and signing a contract for a Bt100mn job in 4Q16. It maintains its 2016 revenue target at Bt700mn. (Kao Hoon, 20/09/16)
BWG
BWG plans an industrial waste power plant. Recently, it cooperated with EGCO to study a project to develop an industrial waste power plant. It expects to set up the first industrial power plant capacity of 9.4MW and COD within 2017. (Kao Hoon, 20/09/16)
Comment: This funny little company seems to be finding a way to make things happy
 
CGD
CGD gets B13bn for project. SET-listed Country Group Development Plc (CGD) has secured US$375 million (about 13 billion baht) through China Ping An Bank to continue developing luxury project Chao Phraya Estate. (Bangkok Post, 20/09/16)
Comment: Sounds like they had quite the capital crunch… 

Continue reading Stocks in the news (aot, beauty, bsm, bwg, cgd, ecf, epco, ihl, jas, kool, lanna, lpn, nusa, ps, tasco) 20.09.16

Stocks in the news (advanc, atp30, biz, itd, lpn, ptt, sat, seafco, sena, tmb, tnp, vgi) 05.08.16

ADVANC
ADVANC will pay an interim dividend of Bt5.79/share, XD on Aug 15 even though it reported 1H16 net profit of Bt17.70bn, a fall of 10%. It said it is still No.1 in revenue, profit and customers. (Kao Hoon, 05/08/16)
Comment: I wouldn’t be surprised to a declining trend in the dividends paid
 
ATP30
ATP30 reported 2Q16 net profit growth of 206.38% supported by more customers and efficient cost management. It targets 2016 gross margin of 25% and revenue growth no less than 15%. (Thun Hoon, 05/08/16)
Comment: A small name that recently IPO’ed and somehow has amazing numbers  in the 1H16
 
BIZ
BIZ expects to bid for a new job worth more than Bt200mn in 2H16. It has backlog of Bt640mn with 80-90% of that to be booked this year. It expects this to lift 2016 revenue to Bt600mn. (Kao Hoon, 05/08/16)
ITD
ITD won the bid for construction of a 800MW coal power plant in Krabi. Its bid was the lowest, at Bt32bn. It will start construction after it gets EHIA approval. (Kao Hoon, 05/08/16)

Continue reading Stocks in the news (advanc, atp30, biz, itd, lpn, ptt, sat, seafco, sena, tmb, tnp, vgi) 05.08.16

Stocks in the news (aot, bjc, bkd, ivl, lph, lpn, maco, mcs, nwr, pca, ps, rs, tf, vgi) 04.07.16

AOT
AOT is confident that FY2016 profit will be a new high. It reports 1H16 profit of Bt10.1bn supported by tourism recovery. It targets 2016 passengers of more than 12.5%. It will increase its investment budget to Bt194bn to develop six airports and increase non-aeronautical ratio to 50%. (Thun Hoon, 04/07/16)
BJC
BJC announces a second rights offering of not over 807,779,000 shares. It will indicate the number of shares that will be issued for a PP on July 8, 2016. (Kao Hoon, 04/07/16)
BKD
BKD expects 2016 net profit growth of 245.8% after booking an extra item of Bt410mn from the sale of 20 rai. It expects average revenue growth of 38.5% per year. It expects 2016 revenue to exceed Bt1.45bn. (Thun Hoon, 04/07/16)
IVL
IVL confirms that Brexit will not affect its business. It expects 2Q16 to show continued growth, supported by more orders and booking profit from acquiring a business. (Kao Hoon, 04/07/16)
Comment: One of the few commodity related names to not yet have rebounded post “brexit”

Continue reading Stocks in the news (aot, bjc, bkd, ivl, lph, lpn, maco, mcs, nwr, pca, ps, rs, tf, vgi) 04.07.16

Stocks in the news (chow, ivl, lpn, pylon, scn, spcg, susco, takuni, ticon, tpbi, tsr, tta, uac) 16.06.26

CHOW
CHOW got EPC project from Primo energy for a 10MW solar farm. (FUKUI project, valued at Bt3bn.) (Khao Hoon, 16/06/16)
IVL
IVL plans to cooperate with Dhunseri, expects this to expand its PET market in India. It expects a decision to be finalized by 2016. It expects 2016 outlook to be good after its capacity reaches 9mn tons. It expects significant growth in 2016 net profit and revenue. (Thun Hoon, 16/06/16)
Comment: I’m looking forward to seeing what else they put in their 2Q16 numbers
 
LPN
LPN expects 2Q16 earnings to mark a record high. It expects 2H16 earnings to be better than 1H16 aided by Bt5bn in transfers and Bt5.8bn backlog. It expects 2016 sales to reach Bt17.6bn. It plans to launch 10-12 projects this year. (Khao Hoon, 16/06/16)
Comment: Well if 2Q is indeed the high, then it should be near THB 6 bn in revenues, otherwise they will have a tough time at matching last years revenue numbers 
 
PYLON
PYLON got a Bt150mn foundation project, expects to sign the contract soon. This raises its backlog to Bt750mn. It plans to take part in Bt2bn bids. It expects 2016 revenue to reach Bt1.2bn as targeted, backed by transfers. (Thun Hoon, 16/06/16)
SCN
SCN expects 2016 revenue to grow 40% thanks to higher demand for NGV. It is budgeting Bt1bn for business expansion. It expects a 5MW cooperative solar farm to start up by the end of this year. (Khao Hoon, 16/06/16)

Continue reading Stocks in the news (chow, ivl, lpn, pylon, scn, spcg, susco, takuni, ticon, tpbi, tsr, tta, uac) 16.06.26

Stocks in the news (advanc, dtac, gpsc, gunkul, jwd, kcm, kkp, lpn, nch, ptg, pttep, solar, spcg, top, tru, vng) 25.05.16

ADVANC
ADVANC has confirmed that it will be bidding for the 900MHz on May 27 with a bid of Bt75.65bn. (Kao Hoon, 25/5/16)
DTAC
DTAC unfazed by more 4G competition — The country’s second-largest mobile operator shrugged off increased competition from its rivals, saying that Advanced Info Service (AIS) and True Move will also face high licensing-based fourth-generation (4G) spectrum costs similar to DTAC’s. (Bangkok Post, 25/5/16)
GPSC
GPSC is confident that it will have IPP and SPP capacity of more than 1922MW and stream production of 1,582 tons/hour within 2019. ( Thun Hoon, 25/5/16)
GUNKUL
GUNKUL has backlog of Bt1.5-1.6bn. It expects to get more jobs to construct solar farms. It expects 2016 revenue growth of 20-30%. (Kao Hoon, 25/5/16)
Comment: Quite the drop in backlog for GUNKUL but because they already have invested and built/are completing their projects I don’t think management quite cares to focus on new projects .
 
JWD
JWD and JB TRADING are setting up a JV to develop a warehouse in Laos which has area of 3,200sqm and total cost of Bt75mn. It expects to finish and book revenue in 2017. (Kao Hoon, 25/5/16)

Continue reading Stocks in the news (advanc, dtac, gpsc, gunkul, jwd, kcm, kkp, lpn, nch, ptg, pttep, solar, spcg, top, tru, vng) 25.05.16

Stocks in the news (aot, bcp, bem, bsbm, cho, dtac, fsmart, genco, gpsc, ifec, jas, lpn, mcs, rpc, scc, ticon) 07.04.16

AOT
AOT expects passenger growth of 16% to 3.98mn passengers between Apr 8–18. (Khao Hoon, 07/04/16)
BCP
BCP cuts E&P long-term investment budget of Bt3-4bn (2015-2020). It will use the funds to invest in green power plant instead. (Khao Hoon, 07/04/16)
BEM
BEM plans to start running the Purple Line and Srirat-Orr in August 2016. It plans to issue debenture of Bt48bn to restructure debt. (Thun Hoon, 07/04/16)
Comment: And now the financial restructuring begins, if you forgot the main reason for CK deciding to merge BMCL and BECL is to ensure that they can use BECL’s balance sheet to finance BMCL’s expansion
BSBM
BSBM expects 2016 revenue will grow supported by rising world steel price and government projects to support demand. It plans to launch a new product. (Thun Hoon, 07/04/16)
CHO
CHO collaborating with SAP-NETIZEN to install SAP Business Design software. It has budgeted Bt10mn for this purpose. It expects to upgrade to offer one-stop services. (Khao Hoon, 07/04/16)

Continue reading Stocks in the news (aot, bcp, bem, bsbm, cho, dtac, fsmart, genco, gpsc, ifec, jas, lpn, mcs, rpc, scc, ticon) 07.04.16

Stocks in the news (aot, big, bigc, bjc, gtb, itd, lpn, major, rojna, sena, solar, super, thana, tbbi, tsr, ttw) 24.03.16

AOT
AOT expects earnings to be better than in 2015, which had a profit of Bt18.7bn, backed by weak oil price and tourist expansion. The board approved a budget of Bt27bn for Phase 3 of Don Muang airport. It will extend the lower landing fee to two years. (Thun Hoon, 24/03/16)
Comment: Boom, get ready for more mainland tourists

BIG
BIG expects 1Q16 sales growth of no less than 10% supported by the popularity of mirrorless cameras. It is confident that earnings in 2016 will hit target. It plans to open 10 new branches. (Thun Hoon, 24/03/16)
Comment: This stock has been a tear, it does seem that the younger consumers are happily buying camera in droves, is this taking demand away from smartphones?

BIGC
BIGC budgeted Bt16bn to build strength and open new branches nationwide. It will change strategy and have seasonal campaigns to boost sales. (Thun Hoon, 24/03/16)

BJC
BJC prepares to tender for 341.99mn shares or 41.45% of BIGC at Bt250.26/share, in total worth Bt86bn. (Kao Hoon, 24/03/16)
Comment: A deal without any excitement on its last day

 

GTB
On its first day of trade GTB price closed up 57.39% at Bt1.81, above IPO price. Its CEO said that 2016 net profit will surpass last year’s Bt69mn, supported by Its backlog of more than Bt400mn. (Kao Hoon, 24/03/16)

ITD
ITD got two new jobs in total worth Bt294mn. It has backlog of Bt259bn in the first two months. It plans to sign for a new job worth Bt23.9bn. (Kao Hoon, 24/03/16)

LPN
LPN expects transfers in 1Q16 to reach Bt4bn or 100% growth supported by the completion of five projects valued at Bt10.2bn. It has backlog of Bt4-5bn to support demand before the property stimulus ends. (Kao Hoon, 24/03/16)
Comment: Every property developer should be off to a cracking start this year, the question is only will it be sustainable.

MAJOR
MAJOR expects 1Q16 revenue to grow more than 10% supported by more revenue from foreign movies. It plans to increase the number of screens to 1,000. It expects to increase revenue from foreign movies in neighboring countries to 10%. (Thun Hoon, 24/03/16)
Comment: Batman vs Superman!

ROJNA
ROJNA targets to sell 400-500 rai of land in this year on the back of planned additional investment by Japanese and Chinese clients. It expects no help from BOI approvals because of the economic slowdown. It expects its 110MW cogeneration power plant to supply electricity from mid-2017. (Khao Hoon, 24/03/16)
Comment: Perhaps one of the CHEAPEST companies out there but….is it a value trap given how laid back management are?

SENA
SENA targets 2016 revenue of Bt3.5bn. It plans to invest in 100MW solar power plants by 2018. It plans to list SENA Solar Energy soon. (Thun Hoon, 24/03/16)
Comment: Again something that the market should already know by now, but is it priced in? Do people believe in the management’s capability to expand this heavily into solar?

SOLAR
SOLAR expects to show s net profit in 1Q16 with revenue of Bt400mn. It expects 2016 net profit to return to the black with revenue not less than Bt3bn backed by 400MW solar cells capacity. It expects higher revenue aided by government projects. (Khao Hoon, 24/03/16)

SUPER
SUPER expects to benefit from extension period for supplying electricity. It expects to supply 400MW electricity by April 30. It expects to begin to supply electricity at the end of March. (Khao Hoon, 24/03/16)

THANA
THANA expects backlog of Bt100mn in 1Q16. It is confident 2016 revenue will reach Bt1bn (20% growth). It plans to launch three low-rise projects valued at Bt1.4bn. (Khao Hoon, 24/03/16)

TBBI
TBBI will trade today. It expects a good response from investors because of its strength and productivity technology. It plans to expand integrated packaging at home and abroad. It plans to double revenue within five years. It expects to become a global leader in packaging. (Thun Hoon, 24/03/16)

TSR
TSR plans to open two branches, Buriram and Mukdahan. It plans to move its branches at Phitsanulok and Hatyai. It expects 2016 revenue and net profit to mark a record high this year. (Khao Hoon, 24/03/16)
Comment: I’m starting to see their advertisement’s for their “Safe” brand on buses.

TTW
TTW plans to invest in a 40,000 cubic meter tap water plant in Myanmar in 2H16. It expects domestic tap water demand to grow 5-10%. It expects enough supply to meet demand. (Khao Hoon, 24/03/16)

Stocks in the news (amata, arrow, big, cho, dtac, fvc, gpsc, gunkul, jsp, lpn, ps, siri, synex, tcap, tipco, tvt) 24.02.16

AMATA
AMATA sets target land sales of 1,000 rai in 2016. It is negotiating with a foreign customer and hopes to finish the deal in 2H16. (Khao Hoon, 24/02/16)
Comment: This implies a 20% revenue growth for AMATA this year.

ARROW
ARROW is confident that revenue in 2016 will reach Bt1.4bn supported by more order, an increase in market share to 65% and expansion of factory and machinery. (Khao Hoon, 24/02/16)
Comment: What property slowdown? As long as the number of buildings continue to increase then ARROW is in good shape. A consistent grower over the past few years.

BIG
BIG reported net profit of Bt459mn, growth of 235%, on a gain in market share to over 50% and total revenue of Bt1.62bn. It targets revenue growth of no less than 10%, supported by expanding to high-end customers. It will pay a dividend of Bt0.6/share, XD on April 29. (Khao Hoon, 24/02/16)
Comment: I’ll be reading their notes to the financial statements w/ a lot of questions…

CHO
CHO reported profit in 2015 of Bt35mn, less than last year. This was due to a fall in total revenue and impact from the cancellation of the NGV bus. The board approved a stock dividend in the ratio 10 old shares for 1 new share, XD on April 27. It targets revenue growth of 5-10% in 2016. (Khao Hoon, 24/02/16)
Comment: Stock divvy’s are never liked by this market…

Continue reading Stocks in the news (amata, arrow, big, cho, dtac, fvc, gpsc, gunkul, jsp, lpn, ps, siri, synex, tcap, tipco, tvt) 24.02.16

Stocks in the news (aot, beauty, brr, epco, epg, gl, jubile, lpn, pttgc, scc, snc, thai) 16.12.16

AOT
AOT’s 1QFY16 net profit was reported at Bt4.26bn, +18% YoY, driven by increasing flights (+11.92%) and passengers (+11.69%) (Khao Hoon, 16/12/16)
Comment: And it grows and grows

BEAUTY
BEAUTY interests foreign investors after inclusion in the MSCI. It expects 2016 revenue to grow at 20% and to expand the business to China. (Thun Hoon, 16/2/16)

BRR
BRR plans to add two new sugar factories and get into alternative energy. (Thun Hoon, 16/2/16)
Comment: Again the typical business transition of any sugar business

EPCO
EPCO plans to invest in power plants both in Thailand and abroad. It expects to 30% more revenue. (Thun Hoon, 16/2/16)
Comment: It is interesting to see how Thai utilities have been able to invest regionally. Both EPCO and RATCH have been on a buying spree in the past few years.

Continue reading Stocks in the news (aot, beauty, brr, epco, epg, gl, jubile, lpn, pttgc, scc, snc, thai) 16.12.16