BEAUTY expects 4Q15 earnings to be good on the back of government stimulus measures. It expects 2015 sales of Bt1.7bn with a record high net profit from 2014’s Bt301mn. It targets 2016 sales to grow 20%. (Khao Hoon, 04/01/16)
Comment: The last minute bump by the government to promote year end spending should bold well not only for names like BEAUTY, but virtually every other retailer. But of course this isn’t sustainable and it will just lead to poor QoQ #’s further down the road.
BEM will be included in SET100. It will begin trading on Jan 5 in the Transportation and Logistics sector. (Khao Hoon, 04/01/16)
Comment: I still think that this would be an incredibly attractive name to many many institutional investors
BKD got a Bt1bn contract to refurbish BMA City Hall. It expects to get another Bt2bn in projects soon. It plans to take part in refurbishing a hotel in Myanmar, valued at Bt500mn. (Khao Hoon, 04/01/16)
CPF plans to invest in Africa, Europe, and Australia. It plans to set up a new production base which is expected to increase sales growth by 10% per year. It targets sales of Bt700bn within five years. (Khao Hoon, 04/01/16)
EA reports its 90MW solar farm in Phitsanulok has reached 90% completion. Operational start-up is expected in Jan 2016. It expects 2016 revenue to be good backed by 404MW in power plants. (Khao Hoon, 04/01/16)
KBANK targets fee revenue growth of 18-20% from insurance, mutual fund and credit cards. It expects 2015 fee revenue to reach Bt20bn. It targets 20% growth in fees from E-transactions. (Khao Hoon, 04/01/16)
Comment: A lot of NVDR buying on the last day of 2015 in this name ~ THB 3 bn alone.
Investors are interested in buying BWG shares via PP. It expects 2015 revenue to grow 15- 20% backed by marketing strategy. (Thun Hoon, 03/09/15)
Comment: Right…and we thought the SEC had crackdown on dodgy PP’s
ESSO expects 2015 performance to be the best in three years after net profit reached Bt3bn in 1H15 thanks to higher refinery margin and stock gain. It plans to eliminate Bt7bn in retained losses within 1-2 years and expects to pay a dividend. (Thun Hoon, 03/09/15)
Comment: What crack has this reporter been smoking? Yes 2Q15 was decent @ THB 3bn profits because of the inventory gain, however the company has lost some THB 12 bn in the past 3 years (’12-’14)
GPSC has signed contract with Sumitomo Mitsui Construction Co.,Ltd., Tohoku Branch (SMCC) to invest in a 20.8MW solar power plant. It expects this to start up by 2017. (Thun Hoon, 03/09/15)
KGI expects 2H15 revenue to be better than 1H15 on the back of increasing in and IB deals. (Thun Hoon, 03/09/15)
Comment: KGI has always been a rather interesting investment in during 4Q-1Q every year because of its dividend, just have a look at the historical share price performance
AJP will change its name to DCORP and plans to invest in the power business. It plans to go to China to study a project that it wants to operate in Thailand. (Khao Hoon, 06/08/15)
ANAN plans to launch seven condominiums valued at Bt20.3bn in 2H15. 1H15 presales reached Bt12.5bn (+227%). It is confident 2015 revenue will hit target of Bt11.4bn. (Khao Hoon, 06/08/15)
Comment: And the margin expansion continues for this property developer.
BCP reported 2Q15 earnings of Bt2.8bn, benefitting from a better refinery margin and power business. (Khao Hoon, 06/08/15)
BOL plans to expand data base service abroad by doing a JV with a local company and/or acquisition. It expects revenue to be good for over two years backed by investing in data base expansion. (Thun Hoon, 06/08/15)
Comment: BOL has always been a steady earner over the years, but like every other little name appears to be fairy/overvalued today
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
ARIP expects higher net profit and revenue from 2014 after it has readied itself to support digital content. It also said that its acquisition plan has been concluded. (Kao Hoon, 05/01/5)
Comment: Well hopefully, they’ve lost money in 2014, and I have no idea what acquisition plan they are referring to.
CRANE will invest Bt300mn to rent more cranes in preparation for the construction boom. It said that revenue this year will be over Bt1.4bn, supported by strong flow of orders. The company expects to benefit from increased public investment, which should help spur its machineries sales. (Thun Hoon, 05/01/15)
Comment: CRANE has a wonderful little business of renting and selling Chinese models in Thailand, their value is in the fact that they depreciate the value of the cranes and then when the crane is sold off the Book value gain is huge
NPARK shareholders approve share swap with BTSG of 213 million shares worth Bt10.01bn. Management said the company is preparing documents and the process should be completed within 1Q15. (Kao Hoon, 05/01/15)
Comment: I do wonder when NPARK will be “pushed” up in share value.
MRTA to negotiate with BMCL on the Blue line extension work worth more than Bt100bn. The Governor of the MRTA said this would be more beneficial and effective than an auction and will help lower costs for both service centers and construction. (Kao Hoon, 18/07/14)
Comment: BMCL’s stock price has been going through the roof because in 3 years from now they potentially will be profitable on a regular basis.
CCET expects earnings growth to double in 2H14 with peak in 4Q14 as sales have grown sharply at home and overseas from set-top boxes and electronic products. It has added 30% new clients YoY from 194 because foreign clients have accessed its electronics manufacturing services in 2014 with large orders. Revenue is expected to increase 20-25% YoY in 2014. (Thun Hoon, 18/07/14)
Comment: Every electronic manufacturer has done well in the past 12 months on the back of new orders and a weakening baht.
CI with partner in Myanmar plans to set up utility business, supporting future recurring income. Songkarn Issara expects revenue of Bt2bn in 2014 and Bt2.4bn in 2015. It has backlog of Bt4bn and targets revenue of over Bt5bn within four years. The company is expected to be in the black in 2Q14 with lowest PE ratio in the industry and dividend yield of 7%. (Thun Hoon, 18/07/14)