Tag Archives: phol

Stocks in the news (a, akr, ama, banpu, bbl, bdms, erw, fsmart, genco, ilink, irpc, kcm, phol, pstc, sat, sci, snc, vng, wha) 29.08.16

A
A plans to open new projects worth Bt6bn to bring its backlog to Bt1bn. It expects 2016 revenue to grow 30% from Bt4.45bn last year, supported by more transfers. (Thun Hoon, 29/08/16)
Comment: One of the most stable stock price charts I have ever seen
 
AKR
AKR expects 3Q16 to turn to profit after booking backlog. It expects to bid for a new job in Thailand in 2H16. It targets 2016 revenue of Bt2.5bn and plans to do a JV with in Indonesia and Vietnam with local partners for power plants abroad. (Thun Hoon, 29/08/16)
AMA
AMA has filed for an IPO with the SEC of 108mn shares. It expects to expand its fleet and vehicles to allow it to get in on potential in Thailand and abroad. (Kao Hoon, 29/08/16)
Comment: No idea who this is, but looking forward to seeing another first day bounce
 
BANPU
BANPU is preparing to increase capital of Banpu Power or BPP to shareholders at a ratio 18-25 BANPU shares to 1 BPP share. It will pay an interim dividend of Bt0.25/share, XD on Sep 8. (Kao Hoon, 29/08/16)
Comment: Another capital increase. Getting ready for the listing of BPP in the near future perhaps. 
 
BBL
BBL will pay an interim dividend of Bt2/share, payment on Sep 23. (Kao Hoon, 29/08/16)
BDMS
BDMS expects 3Q16 to be outstanding due to high season and more customers. It expects 2016 profit to reach Bt9bn, growth of 15%. It plans to expand to 50 hospitals within 2-3 years. (Kao Hoon, 29/08/16)

Continue reading Stocks in the news (a, akr, ama, banpu, bbl, bdms, erw, fsmart, genco, ilink, irpc, kcm, phol, pstc, sat, sci, snc, vng, wha) 29.08.16

Stocks in the news (abc, ah, aot, asefa, ck, cpn, dcon, delta, ecl, gunkul, ifec, irpc, itd, loxley, phol, pps, tpch) 26.08.16

ABC
ABC is ready to start presales of ABOVE Sukhumvit 39 condo. It expects presales to reach 70-80%. It expects to wipe out its retained losses this year. (Thun Hoon, 26/08/16)
Comment: Argh….I’m bored of reading news about this company
AH
AH maintains 2016 revenue growth target at 5%, aligning with the auto industry. It expects 2H16 revenue to be better than 1H16 on the back of large orders. Its investment budget is Bt300400mn. It targets net margin to reach 10% in 2020. (Khao Hoon, 26/08/16)
Comment: With the reduced number of shares from their buybacks, a slight improvement in performance, could this company, for the first time in … a decade be the best performer out of all the automotive manufacturers?
AOT
AOT is budgeting Bt190bn to invest in six airports. It expects four contracts for Suvarnabhumi phase 2 to put up for bid by 2016. (Thun Hoon, 26/08/16)
Comment: Wow. If this really does happen could AOT hit 1,000? I wouldn’t bet against it.
 
ASEFA
ASEFA expects 2H16 performance to be good on seasonality. Its backlog is Bt1.82bn, of which it expects to book 60-65% this year. It plans to take part in Bt2.5bn bids and to get Bt700mn of this, which will raise backlog to Bt2bn. It targets 2016 revenue to rise 20%. (Khao Hoon, 26/08/16)
CK
CK revised up 2016 revenue target to Bt480bn from Bt38bn, backed by Bt80bn backlog, with project transfers expected soon. It plans to take part in Bt35bn in bids and to get the Bt25bn MRT Blue Line extension this year . (Khao Hoon, 26/08/16)
Comment: I wonder how the news decided THB 480 bn in revenue was possible?
CPN
CPN is budgeting Bt60bn to invest in five new department stores and to renovate five others. It targets 34 stores within 2018. It plans to expand to Vietnam and Indonesia. It targets 2016 revenue to grow 15%. (Khao Hoon, 26/08/16)
Comment: Watch them open a mall in Vietnam and Malaysia. 
 
DCON
DCON expects 3Q16 earnings to be good aided by numerous orders. It targets 2016 revenue to reach Bt1.1bn brought by transfers. It expects an extra gain of Bt105mn from selling land at Lopburi, booked in 2017 . (Thun Hoon, 26/08/16)
DELTA
DELTA plans to focus on ASEAN market because of higher demand. It plans for the ASEAN market to contribute 10% revenue. It also plans to focus on India. It plans to invest in an R&D center, with revenue from this in 2017. (Thun Hoon, 26/08/16)

Continue reading Stocks in the news (abc, ah, aot, asefa, ck, cpn, dcon, delta, ecl, gunkul, ifec, irpc, itd, loxley, phol, pps, tpch) 26.08.16

Stocks in the news (ap, big, egco, maco, ocean, phol, ptt, qtc, sutha, top, tvt, vih, wice) 22.07.16

AP
AP expects 2H16 earnings to be good supported by first time booking revenue from JV with Japanese partner. It expects revenue from the JV to increase in 2017. It plans to launch 13 new projects worth Bt25bn in 2H16, which will help it meet its presales target of Bt31bn. (Thun Hoon, 22/07/16)
BIG
BIG expects 2H16 to be outstanding due to high season and two big fairs. It plans to add four branches by the end of 2016. (Thun Hoon, 22/07/16)
Comment: This has been a learning lesson for us, let the market take this company up despite that fact that you can run any DCF even with high growth #’s and not attain the valuation that it’s trading at today. PEG Ratios…gotta love ’em…
 
EGCO
EGCO has booked more revenue from new tariff for the geothermal power plant in Indonesia which has capacity of 227MW. It has set a 2016 investment budget of Bt22bn to acquire power plants. (Thun Hoon, 22/07/16)
MACO
MACO expects 2H16 to be better than first half supported by new mass transit lines and high season. It is confident that 2016 revenue will grow more than 15%. (Thun Hoon, 22/07/16)
OCEAN
OCEAN expects 2016 revenue to grow and turn to profit. It will focus on expanding its business abroad. It expects cost to decrease more than 50% in 2017 after opening its own showroom and installing solar panels. (Khao Hoon, 22/07/16)
Comment: What is this water company doing with solar panels? Solar powered water showers? 

Continue reading Stocks in the news (ap, big, egco, maco, ocean, phol, ptt, qtc, sutha, top, tvt, vih, wice) 22.07.16

Stocks in the news (anan, atp, color, gunkul, inet, jas, jmt, ktis, ncl, phol, ptg, richy, sena, singer, tkn, tmill, vgi, xo) 18.03.16

ANAN
ANAN has achieved Bt3.6bn in presales from Aston Silom Condo (60% of total). It is interested in joining the “Baan Pracharat” project. It targets 2016 sales of Bt21bn. (Khao Hoon, 18/03/16)
Comment: According to management, they are going to report slower pre-sales than before because they’ll hold some inventory to make more $

ATP
ATP targets 2016 revenue of Bt310mn (15% growth). It is talking with four clients, with a decision expected by 2Q16. This will increase its clients to 30. It has put off its plan to acquire a hazardous waste handler. (Khao Hoon, 18/03/16)

COLOR
COLOR targets 2016 revenue to grow 7-8%, backed by numerous orders. It expects exports to comprise 20%, focusing on ASEAN, Australia, and Europe. (Khao Hoon, 18/03/16)

GUNKUL
GUNKUL reports its subsidiary that is engaged in the wind power business began operations at its wind power plants (Sub-Plu Wind farm1&2) on March 17. (Khao Hoon, 18/03/16)

INET
INET expects to benefit from government IT plans in 2Q16 including village internet, digital economy, 4G, and educational and corporate Internet. It expects to get cloud solutions and data center projects. It expects new clients to reach 700 companies. It expects 2016 revenue to be higher than Bt800mn. (Thun Hoon, 18/03/16)
Comment: The digital economy story has gone quiet for a while but companies such as INET, ILINK and even WHA are going ahead with building data centers.

Continue reading Stocks in the news (anan, atp, color, gunkul, inet, jas, jmt, ktis, ncl, phol, ptg, richy, sena, singer, tkn, tmill, vgi, xo) 18.03.16

Stocks in the news (bay, bsm, cpf, demco, jas, jsp, kool, mill, pylon, ratch, sgp, super, tpch, trc, tu) 03.03.16

BAY
BAY targets loan growth of 7% mainly corporate loans in Thailand and Japan. It expects revenue from fees to grow, offsetting lower NIM. It expects NPLs in 2016 of not over 2.5% and plans to sell Bt2-3bn in NPLs. It plans to issue a debenture worth no less than Bt10bn to bring Tier 2 capital to near 2%. (Thun Hoon, 03/03/16)
Comment: Could this bank join the ranks BBL, KTB, SCB, KBANK? I wouldn’t bet against it given the new shareholder
BSM
BSM reported net profit in 2015 of Bt14.62mn, up 10%, supported by increase in domestic and export sales. It will pay a dividend of Bt0.0033/share, XD on May 9 and payment on May 25. The board approved a capital increase and warrant issue. (Thun Hoon, 03/03/16)
CPF
CPF is budgeting Bt500mn to expand its swine farm. It targets revenue of Bt30bn in 2016. (Kao Hoon, 03/03/16)
CPN
CPN will start building Central i-City Malaysia worth more than Bt8.5bn. It expects to finish in 2018. (Kao Hoon, 03/03/16)
Comment: A regional shopping mall player in the making.
DEMCO
DEMCO expects earnings in 1Q16 continue to in the red after it lost opportunity to produce electricity. (Kao Hoon, 03/03/16)
Comment: No surprises here, more curious to see how 2Q16 plays out.
JAS
JAS stock price was up even if it does not get a 4G license. Investors view the abandoning of a license as positive, as it means it will not take on a debt load of Bt100bn and thus limits losses. JAS plans to deal with AIS and TOT to push “fixed broadband”. (Kao Hoon, 03/03/16)
Comment: Well. Ok.

Continue reading Stocks in the news (bay, bsm, cpf, demco, jas, jsp, kool, mill, pylon, ratch, sgp, super, tpch, trc, tu) 03.03.16

Stocks in the news (aot, ba, bch, eforl, epg, hmpro, jas, kbs, nch, ncl, noble, ori, pf, phol, samart, spcg, syntec, takuni, tasco, ticon, tk, true, tse) 02.03.16

AOT
AOT will open Don Mueang Airport Terminal 2 on Mar 8. This terminal can handle up to 30mn passengers annually. It expects 2016 passenger growth of 26%. It expects Don Mueang and Phuket airport to contribute additional revenue of Bt1bn in 2016. (Khao Hoon, 02/03/16)
Comment: Plus you do have phuket opening as well, the growth here has just been amazing, as a friend reminded me this morning, only 2% of china’s population is currently traveling..
BA
BA expects 2016 net profit to mark a record high from 2015’s Bt1.79bn. It expects revenue to grow 10-11% from lower oil price and more passengers. It is talking to 7-8 international airlines to increase its alliances. (Khao Hoon, 02/03/16)
Comment: They are posting relatively amazing numbers versus what AAV, THAI and Nok has.
BCH
BCH reported three-year best for net profit from lower loss from WMC. It targets 2016 earnings to be good because WMC is expected to reach breakeven in 2H16. (Thun Hoon, 02/03/16)
EFORL
EFORL reported 2015 revenue growth of 211%. It will pay a dividend of Bt0.203/share. It plans to cooperate with BORSAM to be a distributor of portable electrocardiographs. It plans to launch cosmetic products carrying the Wuttisak brand. (Khao Hoon, 02/03/16)
Comment: No real surprise re the earnings growth as it’s been known for the past 2 years that Wuttisak was coming in and will be spun off.

Continue reading Stocks in the news (aot, ba, bch, eforl, epg, hmpro, jas, kbs, nch, ncl, noble, ori, pf, phol, samart, spcg, syntec, takuni, tasco, ticon, tk, true, tse) 02.03.16

Stocks in the news (aav, ait, age, ba, bmcl, chuo, demco, drt, kbank, pcsgh, phol, samtel, vgi, vng) 11.09.15

AAV
AAV will pay its first ever dividend at Bt0.10/share, XD on September 14, paid on September 29. It expects 3Q15 earnings to be better on the back of recovery in tourists and lower oil price. It plans to open a new route soon. It expects 4Q15 earnings to peak thanks to seasonality. (Thun Hoon, 11/09/15)
Comment: Without a doubt, a continued beneficiary from the increase in Chinese tourists to Thailand
AIT
AIT has budgeted Bt700mn to invest in data centers in Thailand and Cambodia via setting up a joint venture. It expects the decision to be finalized this year. It plans to participate in the Bt11.36bn public projects up for bid in 2H15. It expects 2015 revenue to be less than 2014’s because of fewer public projects. (Thun Hoon, 11/09/15)
Comment: With the digital economy likely a go, then data centers are an easy money making
AGE
AGE expects 2015 net profit of Bt100mn after profit reached Bt34mn in 1H15. It expects 2015 revenue of Bt5bn. It plans to expand abroad. It is budgeting Bt50mn to invest in a coal screening machine which will raise capacity by 30% and allow it to take on the many orders. (Thun Hoon, 11/09/15)
BA
BA has budgeted Bt9bn to acquire more 43 aircraft by 2018. It plans to open a new route (Phuket-Hat Yai) this October, which will increase its passengers. It expects 2015 net profit to reach a new high backed by increasing passengers and cost control. It expects to pay an interim dividend. (Thun Hoon, 11/09/15)
Comment: The monopoly airline of Samui that has a decent holding in BDMS, can they translates their success to airports where they aren’t a monopoly?

Continue reading Stocks in the news (aav, ait, age, ba, bmcl, chuo, demco, drt, kbank, pcsgh, phol, samtel, vgi, vng) 11.09.15

Stocks in the news (banpu, bbl, bh, centel, dtac, emc, jubile, perm, phol, ps, super, tse, ureka, vng) 22.06.15

BANPU
BANPU plans to invest in power plant at home and abroad due to a downtrend in mining. 2015 revenue is expected to be equal to 2014’s thanks to cost control. It expects to list a subsidiary on the SET by the end of 2015. (Thun Hoon, 22/06/15)
Comment: BANPU’s stock price has followed that of coal prices in the past 5 years, declining from its peak of nearly THB 83 baht/share to where it is today, the continued shift of strategy to power plants is a natural move for them.

BBL
BBL is confident loan growth will achieve its target in the second half of the year without more NPLs, backed by economic recovery. It targets 3-4% growth for corporate and 6-8% for SME loans this year. (Khao Hoon, 22/06/15)
Comment: Surprisingly they had the best corporate loan growth in May

BH
BH confident it will not suffer impact from MERS. It expects 2015 revenue to grow 10-15% as targeted. It plans to invest Bt700mn in a new hospital. (Khao Hoon, 22/06/15)

CENTEL
CENTEL believes the impact on MERS on Thailand will be short-lived. 2015 revenue is targeted at Bt20bn (10% growth). (Khao Hoon, 22/06/15)

Continue reading Stocks in the news (banpu, bbl, bh, centel, dtac, emc, jubile, perm, phol, ps, super, tse, ureka, vng) 22.06.15

Stocks in the news (arrow, cpall, jmt, lalin, msc, nmg, pe, phol, qlt, siri, symc, trc) 19.03.15

ARROW
ARROW expects strong 1Q15 earnings backed by rising revenue. It expects 20% revenue growth this year and has a chance to get one of the Red Line contracts value at Bt40mn. (Kao Hoon, 19/03/15)

CPALL
Subsidiary CP Retail Link Co., Ltd. expects 2015 revenue of Bt3.4bn or 15% YoY growth from last year and will expand over 50 service centers this year. (Kao Hoon, 19/03/15)

JMT
JMT plans to bid for the new bad loan portfolio worth of Bt10bn. The company has about Bt62bn loans currently which it expects to book as revenue through 2020. This year the firm expects 50% earnings growth driven by better collection of bad loans. (Kao Hoon, 19/03/15)
Comment: The issue with JMT is that despite its absolutely amazing growth, they will need to raise additional capital to continue growing at this pace.

Continue reading Stocks in the news (arrow, cpall, jmt, lalin, msc, nmg, pe, phol, qlt, siri, symc, trc) 19.03.15

Stocks in the news (aav, amata, cgd, css, fsmart, gfpt, gunkul, ircp, ivl, jas, jmart, kcm, l&e, mpg, phol, sccc, scn, smpc, snc, spcg, susco, thai, thani, utp) 24.02.15

AAV
AAV expects strong recovery this year and targets 14.5mn passengers and double-digit revenue growth. The company said 1Q15 cabin factor will be strong at more than 84%, driven by the influx of Chinese tourists. (Kao Hoon, 24/02/15)
New CFO — AAV has informed SET that the Nomination and Remuneration Committee has approved the appointment of Mrs. Pattra Boosarawongse as Chief Financial Officer and Director of the company, replacing Mr. Pornanan Gerdprasert, effective February 23, 2015. (SET, 24/02/15)

AMATA
AMATA says investors still interested in investment in Thailand especially Chinese and Japanese, despite the BoI’s changes in privileges. It believes a clear picture will be seen in the next 1-2 quarters. It has set a land sales target of at least 1,000 rai this year and currently has backlog of Bt2bn, of which 90% will be realized as revenue this year. It has budgeted capex at Bt4.5bn, with 85% of that for land acquisition. It expects to list its REIT on the SET by May. Amata VN will conduct a roadshow by July and trade on the SET by yearend. (Krungthep Turakij, 24/2/15)
Comment: The only thing to think about for AMATA this year is it’s IPO of Amata VN and a potential REIT.

CGD
CGD expects to turn around to a net profit this year backed by large backlog. It will sell Bt1.3bn in assets to a REIT in 1Q15. It also plans to invest in a riverside hotel worth Bt19bn with completion by 2018. (Thun Hoon, 24/2/15)
Comment: That is the only thing driving CGD at the moment, forget the rest.

Continue reading Stocks in the news (aav, amata, cgd, css, fsmart, gfpt, gunkul, ircp, ivl, jas, jmart, kcm, l&e, mpg, phol, sccc, scn, smpc, snc, spcg, susco, thai, thani, utp) 24.02.15