Tag Archives: news

Stocks in the news (abc, acap, drt, earth, iec, jwd, kkc, news, pstc, ptt, sat, sc, sutha, tisco, tks, tmi, top, uac) 13.01.16

ABC
ABC plans to invest in education business. It expects to sign an MoU with Lanna International School in Chiang Mai, valued at Bt150mn. It plans to launch the Bt2.5bn ABC Residence Sukhumvit39. (Khao Hoon, 13/01/16)
Comment: Wait…weren’t they going to do IT? And then renewable energy? And now its an international school and property development, gotta love the consistency here.

ACAP
ACAP expects net profit this year after restructuring its business. It expects 4Q15 earnings to be good. It targets 2016 loan portfolio of Bt2bn. It plans to broaden its SME customer base. (Thun Hoon, 13/01/1)

DRT
DRT plans to export to CLMV+1. It targets exports to comprise 20% of sales. It plans to increase domestic sales via modern trade and property projects upon economic recovery. It expects 2015 net profit to be good. (Thun Hoon, 13/01/16)
Comment: Regardless, growth is minuscule for the company at this point.

EARTH
EARTH plans to acquire a 40mn-ton mine. It targets 2016 revenue of Bt16bn. It expects exports to be good thanks to the baht weakening. (Thun Hoon, 13/01/16)

Continue reading Stocks in the news (abc, acap, drt, earth, iec, jwd, kkc, news, pstc, ptt, sat, sc, sutha, tisco, tks, tmi, top, uac) 13.01.16

Stocks in the news (fsmart, inet, mcs, ml, mono, mpg, mtls, news, nncl, preecha, ptg, sc, stec, symc, tasco, tsr, ureka, yuasa) 02.06.15

FSMART
FSMART expects revenue in 2Q15 will be robust, supported by the addition of top-up machines to bring its total to 50,000. It will also book revenue from selling advertising. It is confident that total revenue in 2015 will grow 40% from Bt1.16mn in 2014. (Kao Hoon, 2/6/15)
Comment: Still an amazing cash flow generating machine business

INET
INET expects 36% profit growth in 2015 to Bt600-700mn. It will focus on the cloud business supported by more demand. It targets to increase cloud business activities to 30-40% of its portfolio. In 1Q15 it reported a margin of 26.79%, up from 2014’s 22.17%. It plans to budget for system development. (Tun Hoon, 2/6/15)
Comment: Not the first company to say they are expanding into the cloud business, it all depends if they will use a system like Amazon and just resell or their own, if their own then margins could be rubbish, if reselling far better, asset light and depending upon how well they sell, amazing margins.

MCS
MCS gaining from weak baht. It is confident that 2015 revenue will reach 10,000 million yen, supported by its backlog of 150,000 tons. (Tun Hoon, 2/6/15)
Comment: It’s always been a great company, but I’m not 100% convinced that its cheap at these levels

ML
Japan’s Marubeni negotiating to buy 46.98% of ML for no less than Bt2.2/share. It plans to use the company as a base to lend to Japanese clients. (Kao Hoon, 2/6/15)

Continue reading Stocks in the news (fsmart, inet, mcs, ml, mono, mpg, mtls, news, nncl, preecha, ptg, sc, stec, symc, tasco, tsr, ureka, yuasa) 02.06.15