ADVANC has budgeted Bt2bn to upgrade 4G client services. It targets expanding to 121 branches by the end of 2016. (Kao Hoon, 29/03/16)
AJD work with Alibaba to service Alibaba members in Thailand. It sets member target at 5,000 members or revenue of Bt250mn in 2016. (Thun Hoon, 29/03/16)
ARROW expects 2016 profit to be a new high. It is confident that revenue will reach Bt1.4bn. It expects 1Q16 earnings to be good supported by more sales, its backlog of Bt250mn and bids for government jobs. (Kao Hoon, 29/03/16)
Comment: And they continue and continue to grow and grow, at what point do they need to increase capacity to maintain this path?
BRR expects revenue and profit in 2016 to grow, driven by rising in sugar price. It expects to get 2.2mn tons of sugar cane and book full-year revenue from its biomass power plant. It expects to increase power plant revenue to 20%. (Kao Hoon, 29/03/16)
Comment: Sugar prices have rebounded from 10 to ~14 now so would 1Q-2Q should begin to look decent for all the sugar names in Thailand compared to last year.
AIT is talking to A prospective partner to provide data center service. It expects this to need Bt400mn capital investment. It plans to ask board approval in April. It plans to take part in Bt10bn public bids, of which it expects to get 40-50%. (Khao Hoon, 25/02/16)
Comment: They’ve come out saying a few times that they want to diversify away from being a project based company, and if the government is really adamant on these data centers then it just sounds like another great cash flow for those that are able to win these contracts
ECF reported 2015 net profit of Bt75mn. It will pay a dividend of Bt0.05/share, XD on April 19. It targets 2016 revenue of Bt1.5bn. (Khao Hoon, 25/02/16)
FPI targets 2016 revenue growth of 10% as the auto sector bottoms out. Its backlog is Bt600mn. It expects Bt300mn to be booked this year. It is talking to a partner to expand to India. (Khao Hoon, 25/02/16)
Comment: Haven’t they said that the deal in India was already completed?
GFPT targets 2016 revenue to reach Bt16-18bn thanks to broiler price recovery and lower cost. (Thun Hoon, 25/02/16)
Comment: Well they have benefited from lower raw mat costs, the only question here is will the domestic price of chicken increase?
GLOW’s board approved investing in Vietnam and Malaysia. Its 2015 net profit is Bt8.35bn. It will pay a dividend of Bt4.36/share, XD on April 29, PD on May 26. (Khao Hoon, 25/02/16)
Comment: Don’t be surprised to see GLOW continually offering special dividends every year
BIG is budgeting Bt200-150mn to expand its business by opening more branches. It expects 2015 revenue to mark a record high and to pay its first dividend. It expects 2016 earnings to be good. (Thun Hoon, 14/01/16)
Comment: I’ve been surprised by their continuing positive performance but I still have doubts on their sustainability
BJCHI’s board has approved the share repurchase program for the purposes of financial management. It has set the maximum at not exceeding Bt250mn, equal to 40mn shares (2.5% of registered shares). It expects this to confirm its good outlook in the minds of investors and to give them the message that current share price is undervalued. It targets 2016 revenue growth of 15%. (Thun Hoon, 14/01/16)
Comment: Oil price drop? Who cares! Obviously not BJCHI’s board with their announcement yesterday to do a share buyback.
COLOR targets 2016 revenue growth of 7-8% backed by Bt150mn in transfers contributing revenue in 2Q16. It expects to take part in upcoming bids. It plans to expand to ASEAN, Australia, and Europe. (Khao Hoon, 14/01/16)
DCORP signed contract with Yingli Solar to set up a solar cell plant for Bt689mn. It expects this to start up by 2H16. (Thun Hoon, 14/01/16)
DEMCO expects 2016-2017 revenue to grow driven by construction, steel structure, and service businesses. It expects 2016 revenue of Bt6-6.5bn. (Post Today, 14/01/16)
Comment: Effectively 4Q15 was crap, 1Q16 will be crap and in a perfect world 2Q16 returns to normal.
Added value and ethical practices underpin Project Planning Service
Project Planning Service Plc (PPS), which has been listed on the Market for Alternative Investment since September 2012, is a major engineering professional services firm. Phongthon Tharachai, deputy managing director, discusses the company’s strategy and outlook.
What is PPS’s business model?
We offer a comprehensive range of project consultancy services that includes management and construction supervision of construction work such as buildings and infrastructure, structural and architectural work, civil work, utility systems, landscape, interior decoration and others. We have executed more than 200 domestic and cross-border projects for both public and private-sector clients. The former include the Bank of Thailand and Suvarnabhumi airport (phase one), and the latter include the Grand Hyatt Erawan Bangkok, CentralWorld and Central Embassy, Makro and Tesco Lotus stores.
Who are PPS’s target customers?
What is PPS’s value proposition to its clients?
Our role as a project manager is to ensure that the budget, quality and timing are within the customers’ expectations. The knowledge that we provide to our clients is intangible and difficult to prove until after a project is completed and then clients realise the value that we provide. Also, given that our services typically represent only 1-2% of project value, it is a very small price for project owners to pay in order to alleviate the stress and complexities that come with managing a project.
We have also grown beyond merely offering engineering advice and construction management, and through our subsidiaries and investments in other businesses we can offer other services. For example, PPS Design Co Ltd offers services in structural design and system building work. Swan & Maclaren (Thailand), specialising in architectural and interior design, is a joint venture with Swan & Maclaren LLP, one of the oldest architectural design firms in Singapore. PPS Information Consultant Co Ltd offers services in information technology, in particular media and advertising, and has created its own programme to facilitate construction supervision.
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)
MRTA plans to negotiate with BTS to operator the Green Line (Bearing-Saput Prakan) rather than putting it up for bidding. (Khao Hoon, 06/07/15)
Comment: Well because BTS already operates every other part of the BTS, the question is only down to politics and fee-arrangements now
CGS acting as financial advisor for Ankor Kasemkam Roongroeng, a company in Cambodia. (ASTV, 06/07/15)
DCON and partner plan to set subsidiary to invest in Bt3bn 30MW biomass power plant. Management expects this plant to generate revenue of Bt50mn each year. 2Q15 profit is expected to surge backed by property business and double track project. (Thun Hoon, 06/07/15)
Comment: Now thats a positive move for DCON, but the earnings are still based upon its property project for the near term
EA expects electricity capacity to reach 396mn units this year (30% revenue growth), adding a 188MW power plant. A 90MW solar farm at Phitsanulok is expected to be completed this year. (Khao Hoon, 06/07/15)
ACD plans to acquire three hotels in Phuket worth Bt10bn, expecting to finalize the deals within this year. It also plans to acquire businesses in Laos and Cambodia. It expects to achieve revenue above Bt1bn this year. (Thun Hoon, 19/6/15)
BBL sold 484mn shares of IRPC at Bt4.06/share to foreign funds. (Khao Hoon, 19/6/15)
Comment: Clever move on the part of BBL, never cared much about this so-called long term “Phoenix” project that IRPC have been touting for years.
BMA insists NPG project is transparent. In response to Bestrin Group’s appeal to the prime minister to investigate the transparency of the NPG bus project, the Bangkok Mass Transit Authority insists the bid for NGV bus project was transparent and it will go ahead and sign two contracts with CHO to provide the NGV buses and maintenance services in June. (Khao Hoon, 19/6/15)
DNA acquired 8.32% stake in TCC for Bt180mn. TCC expects revenue to grow 10% this year on the back of rising demand. (Thun Hoon, 19/6/15)