Tag Archives: pstc

Stocks in the news (age, ccn, fsmart, pimo, pstc, ptt, rpc, seafco, smt, spali, sta, super, thai, tsr, tvo) 19.09.16

AGE
AGE maintain its revenue target growth of 10% supported by more than 2mn tons coal sales. It expects to finish a deal with a partner to do a coal warehouse in Vietnam by the end of 2016. (Kao Hoon, 19/09/16)
CCN
CCN expects to get a government job from the Industry 4.0 project. It expects 2H16 earnings to grow, supported by booking backlog of Bt100mn. It is confident that 2016 revenue will reach its 20% target growth backed by Bt150mn from its telecommunication business. It is negotiating with a partner to do alternative power business . (Thun Hoon, 19/09 /16)
Comment: Well not sure how much of an impact the government news will have on this little IT System integrator. I’d turn my eyes to the bigger players SAMTEL and AIT and possible even MFEC
FSMART
FSMART expects 3Q16 profit record new high of Bt100mn or growth 40% YoY supported by Boon Term Top Up machine. (Kao Hoon, 19/09/16)
Comment: No surprises here, they just keep growing
 
PIMO
PIMO expects 2016 profit to jump 92% to Bt46mn supported by more orders. It expects 2017 profit of Bt72mn due to new orders from US customer in 1Q17. It plans to invest in BLDC motor technology. (Kao Hoon, 19/09/16)
Comment: Another small player, THB 1 bn mkt cap, not particularly cheap nor scalable.
 
PSTC
PSTC expects 2016 revenue growth and profit to double after booking backlog of Bt300-400mn. It expects revenue from its power plant to grow in 4Q16. It has completed a deal to do a biomass power plant and 50MW cogeneration power plant in ASEAN. (Kao Hoon, 19/09/16)
Comment: There’s a lot of news about biomass and waste to energy expected to be announced within the next few weeks.
 
PTT
PTT expects to bring service stations to 200 this year. It expects revenue of Bt520bn. It has a plan to expand to 500 service stations abroad within five years and sell more Amazon franchises in Japan. (Thun Hoon, 19/09/16)

Continue reading Stocks in the news (age, ccn, fsmart, pimo, pstc, ptt, rpc, seafco, smt, spali, sta, super, thai, tsr, tvo) 19.09.16

Stocks in the news (banpu, brr, cm, dcorp, gunkul, jmart, l&e, nwr, perm, pstc, scn, tnp, tog, tsr, ttcl) 12.09.16

BANPU
BANPU expects 3Q16 net profit to be better than 2Q16’s Bt281mn thanks to higher coal price. It plans to invest in solar rooftop by negotiating with IEs, department stores and residences. (Thun Hoon, 12/09/16)
BRR
BRR’s board approved setting up an infrastructure fund for the power business of its two subsidiaries (Buriram Sugar and Buriram Power) with capacity of 19.8MW. It expects to use the funds to invest in new plants in Buriram and Surin. (Khao Hoon, 12/09/16)
Comment: Well that is an interesting development for a company firm. I’m not sure if 20 MW is enough for an infrastructure fund though…
 
CM
CM expects to complete a deal to set up a subsidiary in Myanmar by the end of this year. It plans to invest Bt700mn in a processing plant. It plans to expand to abroad. It expects 2016 revenue to be good on the back of the baht depreciation. (Thun Hoon, 12/09/16)
DCORP
DCORP expects to sign an MoU with a Chinese partner this week to invest in a mega project. It plans to invest in a 320MW solar farm in the Philippines. It expects net profit this year. It will also book revenue from a new service (energy saving management for private companies). It expects 2017 performance to be good on the back of the power business. (Thun Hoon, 12/09/16)
Comment: We’ve been reading a lot about these solar farm’s in the Philippines, last we checked the grid there is far worse than Thailand so we have our doubts on several of these projects going through.
 
GUNKUL
GUNKUL plans to take over 40-70MW Japanese solar farms. It also plans to submit bidding documents for a 20MW solar farm in Malaysia. It expects this to increase its total capacity to 420MW at the end of 2015. It expects its capacity to reach 1000MW within 2021. It expects 2016 revenue to grow 30% as targeted. (Thun Hoon, 12/09/16)
JMART
JMART expects 4Q16 sales to surge brought by launching iPhone7. It expects 2016 revenue to grow 30% as targeted. It expects to change to a holding company within 2017 after it reaches Bt10bn in assets. (Thun Hoon, 12/09/16)
Comment: We are more curious about their other businesses which are the key drivers versus just the phone sales. Plus when you’re up against someone like Com7 that is sweet with True or SPVI that is sweet with AIS, how can JMART continue to compete?

Continue reading Stocks in the news (banpu, brr, cm, dcorp, gunkul, jmart, l&e, nwr, perm, pstc, scn, tnp, tog, tsr, ttcl) 12.09.16

Stocks in the news (beauty, bkd, chewa, cho, cpall, focus, glow, pstc, ptg, rjh, sgp, siri, tgpro, thai, tluxe, tm, yuasa) 01.09.16

BEAUTY
BEAUTY expects 2016 revenue and profit to be a new high due to revenue growth of more than 45% in 2H16. It is negotiating with a partner to set up distributorship in Hong Kong and Taiwan; it expects the deal to be concluded in 4Q16. It expects revenue growth of no less than 20% for the next three years. (Kao Hoon, 01/09/16)
Comment: I have sat down with management and I suspect they just got lucky with the international business. Regardless its still growing and growing and growing
 
BKD
BKD will ask its board for approval to sell land for Bt500mn. It plans to take part in Bt1.5bn in bids. It expects 2016 revenue to grow not less than 20%. (Thun Hoon, 01/09/16)
CHEWA
CHEWA is confident that 2016 revenue will grow 20% from last year supported by backlog of more than Bt300mn waiting to be booked and transfers of more than Bt1.3bn. It plans to launch two projects in 2H16 valued at Bt1.94bn. (Kao Hoon, 01/09/16)
CHO
CHO expects 2016 revenue growth of more than 10% backed by backlog of Bt586mn, with Bt310mn of this booked as revenue this year. It has a new job worth Bt300mn and expects to sign the contract and book revenue this year. It has budgeted Bt800mn to expand by eight fullservice maintenance centers. (Kao Hoon, 01/09/16)
CPALL
CPALL expects SSS growth to reach 3-5% brought by 7-Eleven stamp campaign and higher purchasing power from better farm income. It targets 12,000 branches within three years, with plans to open 420 stores this year. It expects a better margin from high margin products. (Thun Hoon, 01/09/16)
Comment: And just wait for the MAKRO turnaround + debt reduction 
 
FOCUS
FOCUS is talking to a prospective partner in France to take over a waste management business and expects to invest in the power business. It expects 2016 earnings to be good and for revenue to be higher than last year. It expects to take part in Bt800mn bids, of which it expects to get 50%. (Thun Hoon, 01/ 09/16)

Continue reading Stocks in the news (beauty, bkd, chewa, cho, cpall, focus, glow, pstc, ptg, rjh, sgp, siri, tgpro, thai, tluxe, tm, yuasa) 01.09.16

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 (ajd, alt, asimar, ccn, csp, gift, glow, gpsc, kbank, kool, mega, pk, plat, pstc, ptg, stanly, tasco, uac) 02.08.16

AJD
AJD is adding 20,000 online top-up machines and it is confident that at end of 2016 it will reach 50,000 machines. It has budgeted Bt10mn for marketing and promotional campaigns in 2H16. (Khao Hoon, 02/08/16)
Comment: If they could pull off what FSMART has done then perhaps for the first time in a decade I may consider this name
 
ALT
ALT expects 2H16 earnings to be good backed by trading business and 4G. It targets 2016 revenue to grow 10% from last year’s Bt2.6bn brought by IT trend. It plans to take part in bids. (Thun Hoon, 02/08/16)
ASIMAR
ASIMAR expects 2H16 earnings to be outstanding upon the booking of more revenue. It has backlog in hand of Bt380mn. It plans to bid for more jobs from TAT. (Kao Hoon, 02/08/16)
CCN
CCN is negotiating with both listed and non-listed companies about partnership. It plans to diversify to energy, with a decision to be made by the end of 2016. It expects 2H16 revenue at Bt100mn, growth of 20%. (Thun Hoon, 02/08/16)
CSP
CSP expects 1H16 sales volume of 80,000 tons, up 20% YoY, with 2016 sales volume of not less than 160,000 tons or up 15% YoY. It expects 2H16 steel price to average Bt16-18/kg. It plans to increase 2016 target revenue in August. (Thun Hoon, 02/08/16)
GIFT
GIFT expects 2Q16 earnings to be good backed by higher sales. It expects 2016 net profit to be a record high. It is talking to a partner to invest in alternative energy, with a decision to be made by the end of this year. (Khao Hoon, 02/08/16)
Comment: And they’ve recently switched from the MAI to the SET

Continue reading Stocks in the news (ajd, alt, asimar, ccn, csp, gift, glow, gpsc, kbank, kool, mega, pk, plat, pstc, ptg, stanly, tasco, uac) 02.08.16

Stocks in the news (advanc, bem, br, brr, ecf, egco, pstc, seafco, smt, tcmc, top, tru, tsr) 29.06.16

ADVANC
ADVANC made ITS first payment of Bt8.6bn with A Bt72.3bn bank guarantee for 900MHz. It expects to handle 2G clients before being shut down. It expects higher earnings from less expense of Bt4bn. (Khao Hoon, 29/06/16)
Comment: There’s a lot of analysts expecting 2Q16 to be the peak for ADVANC earnings for the next 2 years
 
BEM
BEM expects 2016 net profit of Bt2.1bn mainly driven by MRT. (Khao Hoon, 29/06/16)
BR
BR expects to revise down 2016 revenue target growth from 10-15% because of higher competition in Europe, and excess supply in Poland and Hungary. (Post Today, 29/06/16)
BRR
BRR expects an increase in revenue from biomass power plants from Bt19mn/month to Bt25mn/month after it changed from adder scheme to FiT scheme. (Khao Hoon, 29/06/16)
Comment: Completely forgot that some sugar companies will benefit somewhat from this as well.

Continue reading Stocks in the news (advanc, bem, br, brr, ecf, egco, pstc, seafco, smt, tcmc, top, tru, tsr) 29.06.16

Stocks in the news (bwg, css, epg, ifec, inet, ivl, ori, pstc, ptg, pylon, ratch, richy, sim, tfg, tpoly) 31.05.16

BWG
BWG expects 2Q16 net profit to be good backed by revenue from industrial waste management service. It expects 2H16 earnings to be good aided by 9.4MW power plant and RDF (Refuse-Derived Fuel). It expects 2016 net profit of Bt379mn and expects to grow 50% next year backed by its 2nd power plant. (Thun Hoon, 31/05/16)
Comment: And they are issuing warrant after warrant for this. I’ve always liked the idea of industrial waste management but it looks like the focus of the company has shifted to powerplants more and more.
 
CSS
CSS expects to book revenue from communication system projects of ADVANC and DTAC. It expects 2016 revenue to hit its target of Bt5.3bn. It plans to take part in bidding for 15MW solar cell. It plans to expand abroad. (Thun Hoon, 31/05/16)
Comment: A retail darling at one point, could it be time for part 2?
 
EPG
EPG reported FY2016 net profit of Bt1.413bn, up 123%YoY, driven by all three business segments. It will pay a dividend of Bt0.12/share, XD on Aug 2. (Khao Hoon, 31/05/16)
IFEC
IFEC expects 2Q16 net profit to back to the black from net loss in 1Q16 and higher than 2Q15 due to Bt700mn extra gain from debt restructuring at Dhara Dhevi. It expects Dhara Dhevi to exit from its rehabilitation plan in June and list on the SET in 2017. (Khao Hoon, 31/05/16)
Comment: Hmmm. Ok. A renewable hotel owner.

Continue reading Stocks in the news (bwg, css, epg, ifec, inet, ivl, ori, pstc, ptg, pylon, ratch, richy, sim, tfg, tpoly) 31.05.16

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

Stocks in the news (aot, big, bigc, esso, hemraj, jubile, perm, pstc, ratch, scc, smt, tmb) 25.01.16

AOT
AOT expects 1Q16 earnings of around Bt4.6bn, growing 22%YoY on the back of high tourist arrivals. Tourism high season in the first quarter should boost the company. (Khao Hoon, 25/1/16)
Comment: DM terminal 2 is already bustling like crazy
BIG
BIG expects its earning to reach a new high in 2016, growing 10% from 2015 driven by growing sales volume of new cameras. This year’s focus will be on the direct-from-phone printing services. The negative retained earnings have been cleared, allowing for dividend payout from FY2015 earnings. (Khao Hoon, 25/1/16)
Comment: I’ll know more about what they are planning to do later today, still am not convinced
BIGC
Charoen’s TCC Holding and the Chirathivat family’s Central group are considering a firstround bid (5-Feb-16) for the BIG C Supercenter chains in Thailand and Vietnam. (KhaoHoon, 25/1/16) Comment: Already mentioned in my random thoughts on how I think things will play out here
ESSO
ESSO to expand its car care business, the Mobil 1 Center, targeting 400 branches within 2018 (ThunHoon, 25/1/16)
Comment: That will be going up against quite the competitive market
HEMRAJ
Hemraj Energy Co, a subsidiary of the listed company Hemaraj Land and Development Plc, has signed a joint-venture agreement with Gulf MP to develop five small power plant (SPP) projects within Hemraj’s industrial estate, totaling 630MW and worth Bt34bn. The projects are expected to complete within 2017 (KhaoHoon, 25/1/16)
JUBILE
The company targets an earnings growth of 15% in 2016, raising contribution from diamond showrooms to 13-15% of earnings. It plans to boosts sales via branch expansion and renovation, as well as new product launches and marketing campaigns. (KhaoHoon, 25/1/16)

Continue reading Stocks in the news (aot, big, bigc, esso, hemraj, jubile, perm, pstc, ratch, scc, smt, tmb) 25.01.16