Tag Archives: ps

Stocks in the news (aot, beauty, bsm, bwg, cgd, ecf, epco, ihl, jas, kool, lanna, lpn, nusa, ps, tasco) 20.09.16

AOT
AOT expects 2016 profit of more than Bt19bn. It expects 4Q16 profit of Bt4.2bn, growth of 10% YoY, supported by more passengers and more flights. (Kao Hoon, 20/09/16)
Comment: There have been mumurs that if Thailand really does crack down on the zero dollar tourists from China that AOT could lose 10% of revenues
BEAUTY
BEAUTY sets 2016-2020 revenue target growth of 20% each year supported by expanding into Asia. It expects to conclude a deal to set up a distributor in Hong Kong in 4Q16 and increase revenue from other business. It expects 2016 revenue of more than Bt2.1bn. (Kao Hoon, 20/09/16)
BSM
BSM expects 2H16 revenue and profit to grow supported by high season and signing a contract for a Bt100mn job in 4Q16. It maintains its 2016 revenue target at Bt700mn. (Kao Hoon, 20/09/16)
BWG
BWG plans an industrial waste power plant. Recently, it cooperated with EGCO to study a project to develop an industrial waste power plant. It expects to set up the first industrial power plant capacity of 9.4MW and COD within 2017. (Kao Hoon, 20/09/16)
Comment: This funny little company seems to be finding a way to make things happy
 
CGD
CGD gets B13bn for project. SET-listed Country Group Development Plc (CGD) has secured US$375 million (about 13 billion baht) through China Ping An Bank to continue developing luxury project Chao Phraya Estate. (Bangkok Post, 20/09/16)
Comment: Sounds like they had quite the capital crunch… 

Continue reading Stocks in the news (aot, beauty, bsm, bwg, cgd, ecf, epco, ihl, jas, kool, lanna, lpn, nusa, ps, tasco) 20.09.16

Stocks in the news (ajd, asefa, bjchi, brr, css, fsmart, gl, hpt, ifec, ihl, ilink, ps, ptg, ptt, seafco, super, tacc, thai, tvd, wha, work) 16.08.16

AJD
AJD reported 2Q16 net profit of Bt126.59mn on higher sales at a subsidiary and implementing cost control. It expects 2016 revenue to grow 10-15% from last year backed by transfers. (Thun Hoon, 16/08/16)
ASEFA
ASEFA expects 2016 revenue to grow 20% backed by mega projects with backlog of Bt1.8bn, of which 60% is expected to be booked this year. (Khao Hoon, 16/08/16)
BJCHI
BJCHI posted 2Q16 revenue of Bt1.76bn with Bt191.71mn net profit. It expects 2016 revenue to grow 15% backed by backlog of Bt3.1bn. (Thun Hoon, 16/08/16)
BRR
BRR expects to benefit from the good outlook for sugar. It expects 2H16 earnings to be good. It expects crop to amount to 2.5mn tons of sugar cane backed by efficient cultivation. It reported 2Q16 net profit of Bt41.5mn. (Thun Hoon, 16/08/16)
Comment: Effectively every sugar company has the same story, I do wonder if we will see a consolidation phase 
 
CSS
CSS expects 2H16 earnings to be good backed by the telecom business. It expects 2016 revenue to reach Bt5bn or 10% growth as targeted. It will pay a dividend of Bt0.06/share, XD on Aug 23. (Khao Hoon, 16/08/16)
FSMART
FSMART expects 3Q16 revenue to grow 40% backed by expansion in Boon Term Top Up machines. It is talking to BBL, BAY, SCB, and KBANK in order to provide transfer service, expects to sign a contract with one bank at the end of this year. (Khao Hoon, 16/08/16)
Comment: I do now wonder what is the next step for FSMART with their top up machines, how many additional services can they add to this channel?

Continue reading Stocks in the news (ajd, asefa, bjchi, brr, css, fsmart, gl, hpt, ifec, ihl, ilink, ps, ptg, ptt, seafco, super, tacc, thai, tvd, wha, work) 16.08.16

Stocks in the news (aot, bkd, cpn, cwt, dtac, erw, gfpt, irpc, ktc, pap, ps, salee, sat, sccc, thai) 26.07.16

AOT
AOT expects 3QFY16 net profit to hit Bt4.9bn, up 21%, giving 9MFY16 net profit of Bt15bn, up 17%. This came from higher passenger pass-through of 90mn passenger in the first nine months (+12%). (Khao Hoon, 26/07/16)
Comment: Altogether now, 1, 2, 3, amazing thailanddddd.
BKD
BKD expects to get jobs worth Bt300bn in 2H16 which will increase its backlog to 1.8bn. It expects 2H16 net profit to be good because of seasonality. It expects to recognize Bt400mn revenue in 2H16. (Thun Hoon, 26/07/16)
CPN
CPN yesterday announced the launch of its first mixed-use property project in Nakhon Ratchasima at the cost of Bt10bn. (The Nation, 26/07/16)
CWT
CWT expects 2H16 earnings to be good driven by automotive and exports. It expects 2016 revenue to pick up from Bt1.38bn to Bt1.5bn aided by numerous orders. It plans to take part in upcoming PPA bidding. It expects to complete a power plant deal in the north by 4Q16. (Thun Hoon, 26/07/16)
DTAC
DTAC chief marketing officer Sitthichoke Nopchinabutr aims to make the company the No 1 digital brand in Thailand by 2020 through revitalising its brand image, providing digital services that meet the needs of all market segments, and enhancing relationships and partnerships with local and global partners. (The Nation, 26/07/16)
Comment: Well it isn’t happening in the numbers

Continue reading Stocks in the news (aot, bkd, cpn, cwt, dtac, erw, gfpt, irpc, ktc, pap, ps, salee, sat, sccc, thai) 26.07.16

Stocks in the news (aot, bjc, bkd, ivl, lph, lpn, maco, mcs, nwr, pca, ps, rs, tf, vgi) 04.07.16

AOT
AOT is confident that FY2016 profit will be a new high. It reports 1H16 profit of Bt10.1bn supported by tourism recovery. It targets 2016 passengers of more than 12.5%. It will increase its investment budget to Bt194bn to develop six airports and increase non-aeronautical ratio to 50%. (Thun Hoon, 04/07/16)
BJC
BJC announces a second rights offering of not over 807,779,000 shares. It will indicate the number of shares that will be issued for a PP on July 8, 2016. (Kao Hoon, 04/07/16)
BKD
BKD expects 2016 net profit growth of 245.8% after booking an extra item of Bt410mn from the sale of 20 rai. It expects average revenue growth of 38.5% per year. It expects 2016 revenue to exceed Bt1.45bn. (Thun Hoon, 04/07/16)
IVL
IVL confirms that Brexit will not affect its business. It expects 2Q16 to show continued growth, supported by more orders and booking profit from acquiring a business. (Kao Hoon, 04/07/16)
Comment: One of the few commodity related names to not yet have rebounded post “brexit”

Continue reading Stocks in the news (aot, bjc, bkd, ivl, lph, lpn, maco, mcs, nwr, pca, ps, rs, tf, vgi) 04.07.16

Stocks in the news (cho, chow, cig, epg, fpi, ilink, kool, mcs, ncl, ps, samco, tog, tsr) 27.06.16

CHO
CHO expects to show net profit in 2Q16 from net loss of Bt9.12mn. It expects 2H16 earnings to be good backed by transfers and Bt652mn backlog. It expects 2016 revenue to achieve its target at 10%. It expects to get the Bt4mn NGV bus project, which will be announced in July. (Thun Hoon, 27/06/16)
CHOW
CHOW plans for subsidiary CE to submit filing to launch Bt380mn IPO and expects to trade in mai. It will use the funding to expand its power business at home and abroad. (Khao Hoon, 27/06/16)
Comment: They are continuing on their shift to more renewable energy projects
 
CIG
CIG has a deal with a foreign partner to launch a new product with expected revenue of Bt200mn. It expects 2016 revenue turn to positive from loss of Bt7.24mn last year. It is considering paying a dividend. It expects FY2016 revenue of over Bt1bn. It plans to increase revenue portion from exports to over 50%. (Thun Hoon, 27/06/15)
EPG
A Hong Kong fund is interested in EPG because of its strong fundamentals. It expects this to be clarified soon. It will gain from a weaker baht after the UK leaves the EU. (Thun Hoon, 27/06/15)
FPI
FPI expects 2Q16 earnings to be good boosted by large orders. It expects 2016 revenue to hit target growth of 10% after the auto sector bottomed out. It expects to run new machinery, which will increase its capacity by 15%. It will use the capacity to handle OEM orders. (Khao Hoon, 27/06/16)

Continue reading Stocks in the news (cho, chow, cig, epg, fpi, ilink, kool, mcs, ncl, ps, samco, tog, tsr) 27.06.16

Stocks in the news (aot, egco, epg, fn, gold, gunkul, lit, nncl, pf, preb, ps, sappe, tcc, tmill) 26.05.16

AOT
The board of directors of Airports of Thailand’s (AOT) yesterday approved the master plan for the development of Chiang Mai airport. The project will be carried out in two phases. The first, set for 2016 to 2025, is aimed at boosting the airport’s passenger capacity to serve 18 million travelers a year. In the second phase, from 2026 to 2030, the capacity will be further increased to serve 20 million passengers per year, of which 8 million will be international passengers and 12 million domestic travelers. (The Nation, 26/5/16)
Comment: And the monopoly will continue growing, interesting fact learnt last night, Thailand has ~30-40 mn visitors p.a., Spain has ~70mn. 
 
EGCO
EGCO expects to book revenue from Khanom power plant unit 4 in 3Q16 and expects to start commercial operations on June 19, 2016. The Chaiyaphum wind farm is expected to start up in late 2016. It plans to expand its business abroad, with an eye especially on the Philippines. It plans to cooperate with a partner to invest in a battery storage electrical system. (Kao Hoon, 26/5/16)
EPG
EPG expects 2017 revenue to grow to Bt10bn supported by continued growth in its overall business. Government projects will increase construction materials demand. It expects the board to approve new investment. (Thun Hoon, 26/5/16)
Comment: But the driver is still going to be the shift from metal based materials on automotives to plastic based. 
 
FN
FN sent filing to the SEC for an IPO of 250 million shares. It plans to expand its branches and renovate old branches. (Thun Hoon, 26/5/16)
GOLD
GOLD expects 2Q16 to be good supported by property tax incentives. It expects 2016 revenue will hit its target of Bt9.7bn supported by more demand. It plans to build a condo and open 12 new projects. This will increase its backlog from Bt4bn. (Thun Hoon, 26/5/16)
Comment: Their issue, just as we have already seen with PS, is that there is a certain limitation to how far a property company can grow in Thailand as Bangkok is the only real targetable market.
 
GUNKUL
GUNKUL plans to acquire a company that has a solar farm PPA. It expects to get 150MW this year. It expects more revenue in 2H16. It plans to increase its revenue target of Bt5.8bn in 3Q16. (Thun Hoon, 26/5/16)

Continue reading Stocks in the news (aot, egco, epg, fn, gold, gunkul, lit, nncl, pf, preb, ps, sappe, tcc, tmill) 26.05.16

Stocks in the news (bdms, ihl, itd, nusa, pttep, ps, pylon, seafco) 22.04.16

BDMS
BDMS sets 2018 revenue target to reach Bt100bn supported by foreign customers. In 2016, It budgets Bt6bn to renovate its hospital and buy medical equipment. (Khao Hoon, 22/04/16)
Comment: Given the way that Prasert continues to buyback shares in BDMS he must have a lot of faith in the business’ ability to grow from 70 bn today to 100 bn in 2 years.
 
IHL
IHL expands its business to high margin. It plans to open a protein factory to support revenue and expects this to be operational in June. It targets 2016 revenue of Bt2.5bn from Bt2.2bn in 2015 supported by more orders and new business. (Thun Hoon, 22/04/16)
Comment: Well if you believe in an automotive rebound and IHL’s ability to shift its product mix then sure.
 
ITD
ITD expects 2016 revenue of over Bt60bn and 2017 revenue of Bt130bn after getting a new job worth Bt200bn. It plans to deal with French investors to bid for the Pink and Yellow lines jointly. (Khao Hoon, 22/04/16)
NUSA
NUSA plans to expand its business to ASEAN. It plans to cooperate with partners to set up JVs as well as invest by itself. It expects to make a decision in 3Q16. It is confident that 2016 revenue will hit the target of Bt2bn, up from Bt1.2bn in 2015, supported by more pending transfers. (Thun Hoon, 22/04/16)

Continue reading Stocks in the news (bdms, ihl, itd, nusa, pttep, ps, pylon, seafco) 22.04.16

Stocks in the news (akr, global, gpsc, ifec, jubile, lhbank, perm, pb, ps, rs, tacc, tmc, tpch, tu, upa) 30.03.16

AKR
AKR expects 2016 revenue to grow not less than 50% aided by public projects. It plans to cooperate with agricultural cooperatives to take part in government unit solar farm in April. It expects to get electricity transformer orders in May. It expects to take part in Bt6bn bids. Investors in Singapore and China are interesting to invest in solar farm if government allows doing. (Thun Hoon, 30/03/16)

GLOBAL
GLOBAL expects 1H16 earnings to be good on high season. It expects 2016 revenue to grow 10-15% from 2014’s Bt17.4bn. It is budgeting Bt2bn to open 8 stores. (Thun Hoon, 30/03/16)
Comment: I still don’t see GLOBAL’s business performing well until there is far more infrastructure investments throughout the country and plus they still have one of the worst CF’s in the retail business in Thailand

GPSC
GPSC expects 1Q16 earnings to be good on the back of IRPC Clean Power. It plans to start up the 123MW Nava Nakorn power plant in 2Q16. It targets 1,400MW capacity at the end of 2016. (Khao Hoon, 30/03/16)

IFEC
IFEC expects to get a 100MW Japanese solar farm in 2Q16 after signing a letter of intent with a Japanese partner. It expects Dhara Dhevi to exit rehabilitation plan in 2Q16. (Thun Hoon, 30/03/16)
Comment: Another random LOI? How about some action instead IFEC.,

JUBILE
JUBILE expects 1Q16 earnings to be good driven by Forevermark. It targets revenue to grow 10-15% with 40% profit margin. (Thun Hoon, 30/03/16)
Comment: This company has been experiencing growing pains, they expanded stores tremendously in the past 6 years and then in the first 3-4 years had a decent SSSG until the last few years where they have struggled. If you believe the consumer is going to start spending $ that they don’t have they JUBILE may be one of your best bets.

Continue reading Stocks in the news (akr, global, gpsc, ifec, jubile, lhbank, perm, pb, ps, rs, tacc, tmc, tpch, tu, upa) 30.03.16

Stocks in the news (akr, global, gpsc, ifec, jubile, lhbank, perm, pb, ps, rs, tacc, tmc, tpch, tu, upa) 30.03.16

AKR
AKR expects 2016 revenue to grow not less than 50% aided by public projects. It plans to cooperate with agricultural cooperatives to take part in government unit solar farm in April. It expects to get electricity transformer orders in May. It expects to take part in Bt6bn bids. Investors in Singapore and China are interesting to invest in solar farm if government allows doing. (Thun Hoon, 30/03/16)

GLOBAL
GLOBAL expects 1H16 earnings to be good on high season. It expects 2016 revenue to grow 10-15% from 2014’s Bt17.4bn. It is budgeting Bt2bn to open 8 stores. (Thun Hoon, 30/03/16)
Comment: And the stock price had a positive move after management stepped down after being caught for insider trading

GPSC
GPSC expects 1Q16 earnings to be good on the back of IRPC Clean Power. It plans to start up the 123MW Nava Nakorn power plant in 2Q16. It targets 1,400MW capacity at the end of 2016. (Khao Hoon, 30/03/16)

IFEC
IFEC expects to get a 100MW Japanese solar farm in 2Q16 after signing a letter of intent with a Japanese partner. It expects Dhara Dhevi to exit rehabilitation plan in 2Q16. (Thun Hoon, 30/03/16)
Comment: I’ve seen them announce a million LOI’s…

Continue reading Stocks in the news (akr, global, gpsc, ifec, jubile, lhbank, perm, pb, ps, rs, tacc, tmc, tpch, tu, upa) 30.03.16

Stocks in the news (abc, advanc, ask, bec, big, cnt, ea, gold, gunkul, ktc, oto, ps, pstc, pt, ptt, sf, trc, uac) 16.03.16

ABC
ABC expects net profit to be back in the black this year. It expects to launch ABC Residence and ABC Pet World projects, valued at Bt7.5bn, in 3Q16. It plans to wipe out all retained losses this year. (Khao Hoon, 16/03/16)
Comment: I’m beginning to be very bored of the newsflow from this company….

ADVANC ‘Respite’ for AIS’s 400,000 2G users facing cut-off – The Central Administrative Court decided to allow AIS extend the signals for 2G SIM cards on the 900 MHz network until March 21. The signals were due to be switched off at midnight yesterday The court’s decision follows a request by ADVANC for an order to force the NBTC to extend the period for 2G customer retention and ensure service continuity as stipulated in rules set out by the National Broadcasting and Telecommunications Commission (NBTC). (Bangkok Post, 16/03/16)
Comment: Now the question is what will happen to that license if JAS doesn’t pay up?

ASK
ASK expects 2016 loan growth of 15% backed by higher truck demand for government projects and stimulus measures. It expects to benefit from AEC. It plans to expand its customer base. (Thun Hoon, 16/03/16)
Comment: While still paying a decent dividend.

BEC
BEC has high hopes of sports programmes shoring up TV ratings and advertising revenue on top of top-rated dramas this year after the news-show category experienced a slowdown due to intense competition and the impact from the departure of famous TV host Sorrayuth Suthassanachinda. (The Nation, 16/03/16)
Comment: People slightly misunderstand what is happening with BEC, everyone says that they are losing a fortune but in reality they are still the leading player in the media business, but because of increased supply in the industry their ASP’s have dropped.

BIG
BIG expects 1Q16 earnings to be good with net profit of Bt160mn (120% growth) thanks to camera sales. It expects its market share to increase to 63% this year. (Khao Hoon, 16/03/16)
Comment: Much to our surprise, the stock has been on a tear for the past few months

CNT
CNT expects 2016 net profit to grow backed by higher revenue from condominium projects. (Khao Hoon, 16/03/16)

Continue reading Stocks in the news (abc, advanc, ask, bec, big, cnt, ea, gold, gunkul, ktc, oto, ps, pstc, pt, ptt, sf, trc, uac) 16.03.16