BEM expects to pay dividend this year on the expectation of 40% growth in net profit after the Sri Rat expressway and MRT Purple Line open. It plans to take part in bids for public projects in CBD and outskirts. (Khao Hoon, 06/01/16)
Comment: And now the largest infrastructure/transportation play is listed!
CI expects a turnaround in 2015 performance from 2014 net loss of Bt20mn aided by condominium projects. It plans to launch a new Bt1bn condo and set up a Bt1.15bn REIT. (Thun Hoon, 06/01/16)
GFPT expects to pay dividend of Bt0.23/share, 2.3% dividend yield. It expects chicken price to recover this year and better exports. It expects net profit growth of 26% thanks to less excess supply. (Khao Hoon, 06/01/16)
Comment: Still the best chicken company, good luck trying to figure out chicken price movement.
GPSC expects growth in its power business this year on the back of government policy and its 20-year PPA. It expects some projects to start supplying electricity this year. It says it is not impacted by lower oil price. (Thun Hoon, 06/01/16)
Names today: GCAP, JAS, KAMART, MATCH, MODERN, NCL, NUSA, PK, PTT, SGP, SUPER, SVOA, UWC, VGI
GCAP licensed to engage in nano-finance and offer personal loans. It expects this to support robust earnings in 2H15. (Thun Hoon, 02/11/15)
JAS says it is ready for 4G auction for 1800MHz and 900MHz. It expects this to available for 4G mobile broadband. (Khao Hoon, 02/11/15)
Comment: I’m curious about how are they able to compete within this market
KAMART expects 2015 net profit to be a five-year high (+140.6%) backed by high margin (more than 55%) from raising the sales of house brands plus seasonality. KAMART shares are of interest to institute investors (via PP) in recognition of its strong fundamentals, earnings growth and regular dividend. It plans to expand abroad. (Thun Hoon, 02/11/15)
Comment: Wouldn’t be surprised to see KAMART do a PP and then shift its business model, beautified solar power plants perhaps?
BKD expects 3Q15 revenue to be higher than 2Q15. It expects to be awarded projects valued at Bt1.3bn in 4Q15. It expects 2015 revenue of Bt1.3bn as Bt2.5bn in backlog is expected to be booked. It targets 20% revenue growth next year. It plans to launch a property project in 2Q16. (Khao Hoon, 26/08/15)
BECL expects the merger of BECL and BMCL to be finished by October with the new company trading in November. It expects to book a Bt1bn extra gain from BMCL in 3Q15. It expects Sri-Rat highway to open in July 2016. (Khao Hoon, 26/08/15)
Comment: The question still stands whether or not the company will be considered to be more valuable when the two entities combine, financial theory says no, thai investors may say otherwise.
CPR expects 2015 net profit of Bt50mn after it has reaching Bt27mn in 1H15. It expects 2015 revenue of Bt500mn backed by a broader customer base. It plans to add more farming machinery in 2017. (Thun Hoon, 26/08/15)
CSS has opened a new warehouse and office as management expects the telecom business to continue to trend up. It expects 2015 revenue of Bt4.8-5bn. (Thun Hoon, 26/08/15)
FPI expects 2015 revenue to achieve 20% target growth on the back of lower material cost and baht depreciation. It expects net margin of 13% this year. It is talking with ECF to invest in a 120MW biomass power plant, which is expected to be finalized in December. (Khao Hoon, 26/08/15)
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.
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 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 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)
AQ says AQ Aria Asoke, valued at 1.6bn, sold out within 1 week after launch. It plans to launch new projects focused on single detached houses and townhomes. (Khao Hoon, 08/07/15)
Comment: Location is still the most important part of property regardless of the brand name, AQ has done a decent job getting its projects up and running but still worried re its valuaton
ARROW expects 3Q15 earnings to mark a record high with 25% gross margin backed by implementing cost controls and stable materials cost. It expects 2015 revenue to achieve target. It expects to get Bt20mn from selling pipe for underground cable in 3Q15. (Thun Hoon, 08/07/15)
Comment: Arrow has been on such a run for the past few years, we do wonder aloud if they have the necessary capacity to match all the potential projects
BCP expects 2Q15 earnings to grow aided by refinery margin and stock gain. It targets power plant capacity of 200MW this year. (Khao Hoon, 08/07/15)
Comment: Just like every other industrial related co, they’ll have profits in 2q as a result of stock gains, 3q however now looks to be unfolding the other way
BEAUTY plans to broaden its market to Indonesia, expected to be clear in 2H15. It expects 2015 revenue to increase 20% thanks to strong demand. (Thun Hoon, 08/07/15)
ADVANC expects 2Q15 sales to drop more than 10-20% on the slow economy, though internet utilization will still grow. ADVANC says the company is not worried about sales as there are more than 10mn prepaid subscribers who do not register. (Khao Hoon, 07/07/15)
Comment: That’s a huge drop for ADVANC.
CHO expects to sign a Bt4bn NGV contract this week. It is talking to KCM to build a DC and warehouse for rent in Khon Kaen which is expected to be finalized this year. (Khao Hoon, 07/07/15)
Comment: Great news for CHO, doubt the long term sustainability of receiving constant projects from the government, but still great for the short term
CPF expects to pay a Bt0.3 per share interim dividend. 1H15 profit is expected to drop 76% to Bt959mn. It expects to show its best performance in 3Q15, benefitting from recovery of chicken and pork prices and export growth. (Khao Hoon, 07/07/15)
DNA has announced that subsidiary DNA Revolution will buy WSG shares. World Sport Group (WSG) is engaged in ad management business and has obtained the rights to broadcast sports competitions. (Khao Hoon, 07/07/15)
AJP plans to launch new TV program on free TV after getting a three-year license for an international sports program. It expects to complete the deal for a waste power plant project at the end of June. It believes it will show a net profit this year, backed by this project. (Thun Hoon, 26/06/15)
Comment: AJP has a TV program channel + a waste power plant, again the synergies here are amazing, can you imaging the future potential of the shows, documentaries on waste power plants!!! You just have to believe. All kidding aside, while this doesn’t have any synergies at all, waste to power can be incredibly lucrative.
APCS expects no impact from becoming a major shareholder of Advance web studio. It targets 10% revenue growth this year. (Thun Hoon, 26/06/15)
BIG expects 2Q15 earnings to surge, benefitting from increase in mirror-less camera sales. It plans to introduce a new product to add to its revenue. (Khao Hoon, 26/06/15)
BTC shareholders approved a capital increase via PP. It plans to invest in three businesses: alternative energy, logistics and infrastructure construction via JV and takeover. (Thun Hoon, 26/06/15)
Comment: So a terminal business switches to power + infrastructure, ok…see AJP comments above
BEAUTY targets to maintain gross margin of 69%. It plans to introduce a new product in 3Q15. 2H15 is expected to be good thanks to seasonality. The plan to set up a distributor in Indonesia is expected to be finalized in 3Q15. It expects Bt1.7bn revenue from abroad this year. (Thun Hoon, 23/06/15)
Comment: Since templeton bought in, share price hasn’t gone anywhere, a sign of a peak perhaps?
CGS is dealing with Neo & Partners Global, a Singapore partner to introduce a new innovation, DMA for investors who trade stocks and derivatives via the Internet. (Thun Hoon, 23/06/15)
Comment: Zzzz no impact on earnings.
FPI expects 2Q15 earnings to grow, backed by numerous orders and the baht depreciation. It targets 10% revenue growth in 2015. It plans to increase production utilization to 85% after warehouse is finished. (Khao Hoon, 23/06/15)
GFPT is confident 2Q15 earnings will beat forecasts. It expects 5-10% export growth and 7-8% revenue growth this year. It plans to expand poultry farms in the second half of the year. (Khao Hoon, 23/06/15)
Comment: Still the best chicken co in town.
AMATAVN puts off listing to 3Q15 from 2Q15. It says the industrial complex in Vietnam will be finished in time. It plans to collaborate with foreign partners in the future. (Post Today 07/05/15)
Comment: Well at least the delay was by 12 months as it was last year.
Plans to invest in waste and solar power plants. It plans to raise the proportion of revenue from alternative energy to 50%. It will fund its investments via a Bt2bn bond. It is dealing for an advertising event worth Bt40mn in May. (Thun Hoon 07/05/15)
Treasury Department plan for developing the land at Mochit expected to finalize this week. BTS is interested in handling a portion of the development of the property and maintenance depot. (Khao Hoon 07/05/15)
To change its name to “Advance Connection Corporation Plc” (ACC). The company’s focus will be on energy, trading and property businesses. It plans to hold a shareholders meeting about mid-June for shareholder approval. Foreigners are interested in jointly investing in a power plant in Thailand. CEI is waiting for the purchase power agreement (PPA) for its solar power plant. It has a land bank of ~2,000 rai which it plans to use for the power plant. It expects to set up phase 1 of a solar power plant with 20MW capacity in 2016. (Thun Hoon 07/05/15)
Comment: Another odd company that somehow will combine property and renewable energy. Perhaps they’ll be creative and another space programs too…