Tag Archives: pdg

Stocks in the news (age, anan, banpu, bm, chow, com7, gl, ihl, ktis, pdg, sst, tfg, tm, trc, twpc, twz) 08.09.16

AGE
AGE has orders of more than 300K tons from China. It expects export portion to rise to over 20%. It plans to increase coal sales to 200K tons, with service revenue rising to Bt300mn. (Thun Hoon, 08/09/16)
ANAN
ANAN expects 2H16 earnings to be better than first half supported by backlog of Bt38.5bn, of which more than Bt8.39bn will be booked in 2H16. It plans to open eight new projects with a total value of Bt19bn. It reports presales of Bt10.3bn in the first eight months of the year. (Kao Hoon, 08/09/16)
Comment: Next year is supposedly their “harvest” year as they call it.
 
BANPU
BANPU got funds of Bt5bn from the conversion of 993mn units of BANPU-W3. It will set the rights ratio and offer price for the BPP IPO on Sep 26. (Kao Hoon, 08/09/16)
BM
BM cuts 2016 target revenue growth to 10% from 20% in response to the economic slowdown. It is talking with a party in Myanmar to set up a factory. (Kao Hoon, 08/09/16)
CHOW
CHOW expects to start commercial operations of a 5MW power plant in Japan, which will push 2016 capacity up to reach 28.5MW. It plans to invest in a solar farm in the Philippines. It expects a profit in 2016 thanks to growth in steel sales. It is confident that revenue will reach its target of Bt4bn and targets a doubling in steel sales to 140k tons. (Thun Hoon, 08/09/16)
COM7
COM7 expects 2H16 earnings to grow. It expects 4Q16 sales to be good due to high season and the launch of iPhone 7. It expects 2016 sales to be over Bt17bn. (Kao Hoon, 08/09/16)
Comment: Well it had the little pop and now along with the rest of the market it’s falling.
 
GL
Group Lease strengthens ties with Sri Lankan financial group – SET-listed microfinance company Group Lease (GL) plans to collaborate further with Commercial Credit & Finance, a Sri Lankan financial group, to strengthen its microfinance businesses in Indonesia and Cambodia after GL acquired a microfinance company in Myanmar from a Commercial Credit shareholder. (The Nation, 08/09/16)
Comment: So they have Thailand, Indonesia, Laos, Cambodia, and Myanmar. 

Continue reading Stocks in the news (age, anan, banpu, bm, chow, com7, gl, ihl, ktis, pdg, sst, tfg, tm, trc, twpc, twz) 08.09.16

Stocks in the news (asimar, com7, cpn, css, eic, gc, mill, pdg, qlt, seafco, sena, spa, super, sutha, tsr, uniq) 05.01.16

ASIMAR
ASIMAR expects 2015 net profit of Bt120-130mn after achieving Bt102.2mn in the first nine months of the year. (Thun Hoon, 05/01/16)

COM7
COM7 expects tax incentives to help revenue grow more than 25%. It expects 4Q15 sales to be good because it has 300 branches and many products for sale, including iPhone 6s and iPhone 6sPlus.(Khao Hoon, 05/01/16)
Comment: A 1 time shot, expect for 1Q #’s to look weak.

CPN
CPN has budgeted Bt400mn to invest in Pororo Aquapark Bangkok at Central Plaza Bangna. It expects this to increase traffic by 15-20%. (Khao Hoon, 05/01/16)

CSS
CSS expects 2016 revenue of Bt5.5bn (20-25% growth) as DTAC and TRUE get busy with expanding their 4G towers. It also expects to get jobs from AIS and JAS. It expects to get a solar farm at a cooperative, which is expected to be announced in 3Q16. (Thun Hoon, 05/01/16)
Comment: You can do the numbers and you’ll see its already fairly priced.

EIC
EIC plans to sell 30.2% of Smart Traffic shares to Smart Merchant International for Bt185mn. It expects this to contribute gain of Bt18.8mn. (Khao Hoon, 05/01/16)
Comments: Looks like a left pocket right pocket deal, wonder what the FA would say here…

Continue reading Stocks in the news (asimar, com7, cpn, css, eic, gc, mill, pdg, qlt, seafco, sena, spa, super, sutha, tsr, uniq) 05.01.16

Stocks in the news (akr, apco, beauty, bigc, ck, cpall, dcon, epg, eastw, genco, hmpro, kce, mtls, pdg, pylon, rs, samco, scc, sim, tisco) 29.07.15

AKR
AKR expects to get a 20MW solar farm from a cooperative which is expected to be concluded in August. It plans to invest in a power plant on 94 rai in Lopburi. It expects to show net profit in 2Q15, benefitting from booking revenue from its backlog. 2H15 performance is expected to be good backed by Bt500-600mn in revenue. (Thun Hoon, 29/07/15)

APCO
APCO plans an acquisition to increase its competitiveness. To fund this, it is issuing 250mn shares. It expects the acquisition to increase revenue by 2X-3X from last year. It expects to launch new products throughout the rest of the year. (Thun Hoon, 29/07/15)
Comment: I’ve never met the company, but I’ve marveled at the way the stock has been brokered all the way to 50x earnings.

BEAUTY
BEAUTY plans to expand overseas, especially in ASEAN, first in Indonesia and Malaysia. It expects 2Q15 earnings to be good, with good earnings continuing in 2H15. (Thun Hoon, 29/07/15)
Comment: I … still … just … don’t … get …. it.

BIGC
BIGC reported 2Q15 earnings of Bt1.9bn (+4.7% growth) with revenue of Bt34bn aided by SSS growth and expansion in its customer base. It expects to expand its business by opening more branches. It is confident 2015 sales will achieve its target. (Thun Hoon, 29/07/15)
Comment: Expect to see more cost cutting measures by BIGC, there is very little that they can now do to push top line growth.

Continue reading Stocks in the news (akr, apco, beauty, bigc, ck, cpall, dcon, epg, eastw, genco, hmpro, kce, mtls, pdg, pylon, rs, samco, scc, sim, tisco) 29.07.15

Stocks in the news (beauty, css, earth, estar, ifec, ivl, kcm, pdg, ratch, rwi, samart, seafco, sena, spcg, tfd, tvd) 14.05.15

BEAUTY
BEAUTY to trade at new par of Bt0.1 on May 14 (split par from Bt1). 1Q15 earnings outperformed due to growth in tourists that led to rising sales at both the existing and new branches. (Thun Hoon, 14/05/15)
Comment: Everyone loves a good stock split, but Beauty has one of the most demanding valuations today.

CSS
1Q15 income surged 219% to Bt64mn while revenue grew 30% to Bt999mn. CSS got a project from DTAC worth Bt500mn. The firm expects to book revenue from this project this year, meaning revenue may hit Bt4-5bn (+25% growth). (Khao Hoon, 14/05/15)

EARTH
1Q15 earnings up 27% to Bt272mn backed by increasing orders. Proportion of international sales rose to 70%. It targets 2015 coal sales of 10mn.tons. (Khao Hoon, 14/05/15)
Comment: I’m still curious about this coal mining company

ESTAR
2015 earnings to turn around after wiping out retained losses. 1Q15 revenue continues to trend up from new projects. It is dealing with PS about selling its land. (Thun Hoon, 14/05/15)
Comment: a potential dividend payer in 2016?

Continue reading Stocks in the news (beauty, css, earth, estar, ifec, ivl, kcm, pdg, ratch, rwi, samart, seafco, sena, spcg, tfd, tvd) 14.05.15

Stocks in the news (delta, eureka, forth, hmpro, lh, noble, pdg, ptt, pttep, qh, sithai, stpi, tpch) 15.12.14

DELTA
DELTA expects revenue growth of 10-15% YoY in 2015 upon growing demand and expanding foreign client base from expected 2014 revenue of Bt42bn. The company will conclude an acquisition deal for a European company soon. (Thun Hoon, 15/12/14)
Comment: One of the best performing electronic names in the past few years.

EUREKA
EUREKA expects a turnaround next year, with next year’s revenue to reach Bt800mn, double this year’s expected revenue of Bt320mn. The growth in revenue will be supported by two of its subsidiaries, Eureka Automation and Eureka Trading, which are expected to grow revenue and pull it back into the black. (Kao Hoon, 15/12/14)

FORTH
FORTH says 4Q14 earnings will be better than 3Q14 after receiving the purchase order for SAP licenses from Metropolitan Electricity Authority (MEA) worth more than Bt221mn. It expects to record this revenue right away. Net profit for this year is therefore expected to be higher than last year’s. Moreover, it said it expects to receive Bt2-3bn worth of new projects in 2015. (Kao Hoon, 15/12/14)

Continue reading Stocks in the news (delta, eureka, forth, hmpro, lh, noble, pdg, ptt, pttep, qh, sithai, stpi, tpch) 15.12.14

Stocks in the news (cbg, esso, grand, itd, jas, isp, pae, pdg, ps, siri, spvi, takuni) 10.11.14

CBG
CBG sets IPO price range of Bt26-28/share and subscription period during 12-14 November. The company will list on the SET on 21 November and expects to use the funds from the IPO to repay debt and expand, focusing on CLMV markets. (Kao Hoon, 10/11/14)

ESSO
ESSO plans to invest Bt2.2bn to increase refinery and petrol station efficiency. The company expects to take second place in terms of market share in the retail market. It confirms that it has no plan to divest its refinery. (Kao Hoon, 10/11/14)
Comment: The sleepy ESSO has finally woken up!

GRAND
GRAND reported 3Q14 net profit of Bt45.4mn from net loss of Bt68.3mn in 3Q13 as it booked revenue from Hyde Sukhumvit. The company is studying to form a partnership with domestic and overseas hotels after board approval. (Thun Hoon, 10/11/14)
Comment: The Hyde Sukhumvit is all that GRAND has going for it at the moment, most of their other major assets are leaseholds which only have a few years left.

Continue reading Stocks in the news (cbg, esso, grand, itd, jas, isp, pae, pdg, ps, siri, spvi, takuni) 10.11.14

Thailand’s IPO Frenzy

Want to feel like a rock star investor? Get into the small IPO’s. Anyone who was able to get IPO’s this year has been feeling that way, excluding IPO’s where commercial bank’s were the underwriters (here’s looking at you KBANK and SCB). The basic framework for IPO’s performing well on their first day hasn’t changed, if the market cap, free float are small enough, first day returns were and are likely to continue to be amazing given the market environment.

On the flip side, is this really a good thing? Shouldn’t IPO prices remain somewhat constant on their first day? If we’re seeing such high positive first day movements then the investment bankers aren’t doing their jobs properly on behalf of their clients (the listing companies) and are mispricing everything thereby missing a lot of potential capital..meh as if people care…

IPO FrenzhSource: Bangkok Post

 

Stocks in the news (ayud, ccp, jmt, jubile, pdg, stec, wha) 21.07.14

AYUD
AYUD hunting for acquisitions – Investment company Sri Ayudhya Capital (AYUD) continues to  look for acquisition opportunities as it believes the coming insurance liberalization will force small insurers to seek strategic partners to reduce operating costs. (The Nation, 21/07/14)
Comment: The insurance industry has been growing very well in the past decade and AYUD has benefitted from this, the value here is in its investment holdings
CCP
CCP reaffirms revenue target growth of 10% this year after it sees higher chance to get more work from the private and public sector. The company also plans to launch precast products in 3Q14 in hopes of attract new clients. It said the negotiations on a new partnership should be concluded within 1-2 months. (Khao Hoon, 21/07/14)
JMT
JMT buying bad debt purchasing of Bt1bn from EasyBuy and Thanachart. It continues to  purchase bad debt to manage and expects a portfolio of Bt50bn in 2014. It expects sharp growth  in 2Q14, bringing net profit growth of 50% in 2014. (Tun Hoon, 21/07/14)
Comment: They are the best and biggest debt collector in Thailand today.
JUBILE
JUBILE says 2Q14 earnings were good supported by a positive response to its big marketing  campaign, “Jubilee Mid-Year Sale 2014”. It said it may consider revising its 2014 revenue target up  after its board meeting to close its books in August. It plans to open its flagship store in 3Q14. (Khao Hoon, 21/07/14)
Comment: If you still think that the mid-high end consumer is spending money on jewelry, then you can’t go too wrong with JUBILE

Continue reading Stocks in the news (ayud, ccp, jmt, jubile, pdg, stec, wha) 21.07.14

Stocks in the news (ck, hemraj, hmpro, mega, pcsgh, pdg, prin, seafco, sena) 27.06.14

CK
CK not concerned about delays in public project bidding with the NCPO scrutinizing public investment projects to improve transparency. It expects 2014 revenue of not less than Bt30bn and will continue to bid new projects in late 2014 of Bt20bn, bringing backlog up to more than Bt100bn. (Tun Hoon, 27/06/14)
Comment: Thinking aloud, wouldn’t all construction companies be happier if there is less corruption in the system (this is one of my key themes/belief about the military coup)
HEMRAJ
HEMRAJ expects recovery in 2Q14 land sales supported by foreign investment because political problems have eased and the BoI is active again. It is preparing to transfer 400 rai worth Bt1.2bn and plans to set up seven new industrial estates. (Tun Hoon, 27/06/14)
Comment: Every industrial estate developer will recover over the next 12 months

HMPRO
HMPRO to invest more than Bt178mn to renovate its Rangsit branch and also set up a promotion campaign with up to 70% discount on products from June 27-July 16. It expects to bring in revenue of at least Bt106mn per month from its new Rangsit branch. (Khao Hoon, 27/06/14)
Comment: The main issue is to watch SSS growth from HMPRO and other consumer related plays

Continue reading Stocks in the news (ck, hemraj, hmpro, mega, pcsgh, pdg, prin, seafco, sena) 27.06.14