Tag Archives: SAT

Stocks in the news (banpu, bcp, hmpro, kbank, ktb, mc, mtls, pjw, sat, scc, tcap) 07.09.16

BANPU
BANPU’s last day to get BPP IPO reserve. Today is the last day to buy BANPU and get rights to reserve BPP IPO and dividend of Bt0.25. The stock will be posted as “XB-XD” on September 8. (Khao Hoon, 7/9/16)
Comment: Most certainly one way of ensuring your share price stays elevated 
 
BCP
BCP to IPO BCPG this month. It is issuing ~ 590mn IPO shares with initial price estimated at Bt9.80-10.00 per share. (Khao Hoon, 7/9/16)
HMPRO
HMPRO to add branches. It plans to add more branches and set up marketing campaigns and promotions to attract customers. (Thun Hoon, 7/9/16)
KBANK
KBANK expects 2016 fee income to grow 5-12%, supported by investment banking deals, issuing bonds, M&A, REIT IPOs and extending loans to large corporate customers (expected growth of 4-5%) and SME (expected growth of 5-7%). (Khao Hoon, 7/9/16)
Comment: Looks there is no impact from decrease in transfer fees to KBANK
 
KTB
KTB expects SME recovery in 2H16, aided by government support and loans to construction companies. It targets 2016 loans of Bt25bn. (Thun Hoon, 7/9/16)

Continue reading Stocks in the news (banpu, bcp, hmpro, kbank, ktb, mc, mtls, pjw, sat, scc, tcap) 07.09.16

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 (advanc, atp30, biz, itd, lpn, ptt, sat, seafco, sena, tmb, tnp, vgi) 05.08.16

ADVANC
ADVANC will pay an interim dividend of Bt5.79/share, XD on Aug 15 even though it reported 1H16 net profit of Bt17.70bn, a fall of 10%. It said it is still No.1 in revenue, profit and customers. (Kao Hoon, 05/08/16)
Comment: I wouldn’t be surprised to a declining trend in the dividends paid
 
ATP30
ATP30 reported 2Q16 net profit growth of 206.38% supported by more customers and efficient cost management. It targets 2016 gross margin of 25% and revenue growth no less than 15%. (Thun Hoon, 05/08/16)
Comment: A small name that recently IPO’ed and somehow has amazing numbers  in the 1H16
 
BIZ
BIZ expects to bid for a new job worth more than Bt200mn in 2H16. It has backlog of Bt640mn with 80-90% of that to be booked this year. It expects this to lift 2016 revenue to Bt600mn. (Kao Hoon, 05/08/16)
ITD
ITD won the bid for construction of a 800MW coal power plant in Krabi. Its bid was the lowest, at Bt32bn. It will start construction after it gets EHIA approval. (Kao Hoon, 05/08/16)

Continue reading Stocks in the news (advanc, atp30, biz, itd, lpn, ptt, sat, seafco, sena, tmb, tnp, vgi) 05.08.16

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 (ait, bjc, chow, ck, dcorp, ea, forth, gpsc, lit, samco, sat, seafco, sgp, super, tmb) 03.06.16

AIT
AIT has backlog of Bt2.73bn, which it expects to realize in two years. It plans to bid for new jobs worth Bt18bn and expects to get at least 45-50%. It plans to expand its Data Center project with a partner with a budget of Bt800mn. It is negotiating with a partner to add new products in Cambodia and Laos. (Thun Hoon, 3/6/16)
Comment: It does look like the IT project sector his beinnng to show some life
BJC
BJC expects 2016 revenue growth of 300% supported by BIGC earnings. It expects to finish the rights offering and private placement in July-August. It plans funding of Bt80bn. (Kao Hoon, 3/6/16)
Comment: and a dilution of … ?
 
CHOW
CHOW reported 1Q16 profit growth 381.60% supported by steel business recovery and more orders. It is building a new 12MW facility in Japan and expects to be able to record revenue from at least 80MW. It has EPC backlog of ¥12bn. (Thun Hoon, 3/6/16)
Comment: perhaps one of the few companies to have made a proper concerted effort to shift from construction to alternatives
CK
CK expects to sign the Bt19.4bn contract to construct Sayaburi in 2Q16, lifting its backlog to Bt97bn. If BEM gets the Blue Line job, it expects to get a contract to build the rail network valued at Bt25bn. (Kao Hoon, 3/6/16)
DCORP
DCORP bought 40% in a solar power plant in the Philippines from two companies. The plant has capacity of 320MW. It expects to spend no more than US$15.36mn. It expects to finish the deal in July. It expects sustainable revenue and profit growth. (Thun Hoon, 3/6/16)
Comment: #s don’t quite add up if it only costs USD 15mn to buy a stake in a powerr plant that has 320MW in capacity

Continue reading Stocks in the news (ait, bjc, chow, ck, dcorp, ea, forth, gpsc, lit, samco, sat, seafco, sgp, super, tmb) 03.06.16

Stocks in the news (ajd, banpu, bbl, ckp, drt, gfpt, mill, qtc, samart, sat, scc, sci, sena, tkn, true, ureka, vpo) 20.04.16

AJD
AJD targets top-up machines of 50,000 at the end of this year after yesterday reaching 10,000 machines. It plans to offer more services via its top-up machines in 2H16, such as ordering merchandise from the 7-Eleven catalog, insurance payments, etc. (Khao Hoon, 20/14/16)
Comment: We still have our doubts on their ability to execute, after all the incumbent FSMART is still continuing to dominate the country
 
BANPU
BANPU plans to take a step into upstream unconventional gas by acquiring 29.4% stake in the low-cost Chaffee Corners Joint Exploration Agreement (JEA) operation in the northeast section of the Marcellus Shale in Pennsylvania in US for US$112mn. (SET, Khao Hoon, 20/14/16)
BBL
BBL reported 1Q16 net profit of Bt8.31bn from Bt9.40bn in 1Q15, affected by higher provisions. This brought EPS to Bt4.36/share from Bt4.93/share in 1Q15. (Khao Hoon, 20/14/16)
Comment: I do wonder how many more times we shall hear, “it’s ok to have rising NPLs because we have provisioned for them already”
CKP
CKP targets capacity of 5,000MW in 2025 from 2,160MW now. It plans to focus on expanding in Thailand, Laos, and Myanmar. Its board approved issuing a Bt10bn debenture, with subscription expected in 2H16. (Khao Hoon, 20/14/16)

Continue reading Stocks in the news (ajd, banpu, bbl, ckp, drt, gfpt, mill, qtc, samart, sat, scc, sci, sena, tkn, true, ureka, vpo) 20.04.16

Stocks in the news (abc, acap, drt, earth, iec, jwd, kkc, news, pstc, ptt, sat, sc, sutha, tisco, tks, tmi, top, uac) 13.01.16

ABC
ABC plans to invest in education business. It expects to sign an MoU with Lanna International School in Chiang Mai, valued at Bt150mn. It plans to launch the Bt2.5bn ABC Residence Sukhumvit39. (Khao Hoon, 13/01/16)
Comment: Wait…weren’t they going to do IT? And then renewable energy? And now its an international school and property development, gotta love the consistency here.

ACAP
ACAP expects net profit this year after restructuring its business. It expects 4Q15 earnings to be good. It targets 2016 loan portfolio of Bt2bn. It plans to broaden its SME customer base. (Thun Hoon, 13/01/1)

DRT
DRT plans to export to CLMV+1. It targets exports to comprise 20% of sales. It plans to increase domestic sales via modern trade and property projects upon economic recovery. It expects 2015 net profit to be good. (Thun Hoon, 13/01/16)
Comment: Regardless, growth is minuscule for the company at this point.

EARTH
EARTH plans to acquire a 40mn-ton mine. It targets 2016 revenue of Bt16bn. It expects exports to be good thanks to the baht weakening. (Thun Hoon, 13/01/16)

Continue reading Stocks in the news (abc, acap, drt, earth, iec, jwd, kkc, news, pstc, ptt, sat, sc, sutha, tisco, tks, tmi, top, uac) 13.01.16

Stocks in the news (beauty, bem, bkd, cpf, ea, kbank, kool, pap, preb, qtc, samart, sat, stpi, tfd) 04.01.16

BEAUTY
BEAUTY expects 4Q15 earnings to be good on the back of government stimulus measures. It expects 2015 sales of Bt1.7bn with a record high net profit from 2014’s Bt301mn. It targets 2016 sales to grow 20%. (Khao Hoon, 04/01/16)
Comment: The last minute bump by the government to promote year end spending should bold well not only for names like BEAUTY, but virtually every other retailer. But of course this isn’t sustainable and it will just lead to poor QoQ #’s further down the road.

BEM
BEM will be included in SET100. It will begin trading on Jan 5 in the Transportation and Logistics sector. (Khao Hoon, 04/01/16)
Comment: I still think that this would be an incredibly attractive name to many many institutional investors

BKD
BKD got a Bt1bn contract to refurbish BMA City Hall. It expects to get another Bt2bn in projects soon. It plans to take part in refurbishing a hotel in Myanmar, valued at Bt500mn. (Khao Hoon, 04/01/16)

CPF
CPF plans to invest in Africa, Europe, and Australia. It plans to set up a new production base which is expected to increase sales growth by 10% per year. It targets sales of Bt700bn within five years. (Khao Hoon, 04/01/16)

EA
EA reports its 90MW solar farm in Phitsanulok has reached 90% completion. Operational start-up is expected in Jan 2016. It expects 2016 revenue to be good backed by 404MW in power plants. (Khao Hoon, 04/01/16)

KBANK
KBANK targets fee revenue growth of 18-20% from insurance, mutual fund and credit cards. It expects 2015 fee revenue to reach Bt20bn. It targets 20% growth in fees from E-transactions. (Khao Hoon, 04/01/16)
Comment: A lot of NVDR buying on the last day of 2015 in this name ~ THB 3 bn alone.

Continue reading Stocks in the news (beauty, bem, bkd, cpf, ea, kbank, kool, pap, preb, qtc, samart, sat, stpi, tfd) 04.01.16

Stocks in the news (ah, bts, ck, cpon, csl, ecf, gpsc, maco, ori, samco, samtel, sat, spa, sta, tasco, thai, tse) 11.12.15

AH
AH expects 2015 revenue of Bt15.3bn with net profit growth of 3% on growth in the automotive sector. It targets revenue of Bt30bn in five years with 10% gross margin. It is talking to partners in India and Europe which is expected to be finalized soon. (ASTV, 10/12/15)
Comment: Still don’t see any real reason to buy this company when its peers are performing far better

BTS
MRTA to negotiate with BTS instead of bidding for the operational contract for the MRT Green Line (north and south). MRTA is considering transferring both lines to BMA. When it decides it will ask approval from cabinet. (Khao Hoon, 11/12/15)

CK
CK plans to take part in bids for Bt600bn in public projects next year. It expects to win about 20%. It won a dual-track project (Jira-Khon Kaen) which will increase its backlog to Bt100bn from Bt77bn. (Post Today, 10/12/15)
Comment: And they’ll continue to win 1/4 of the projects

CPN
CPN targets 2016 revenue growth of 14-15% backed by four new department stores this year and two more next year. It plans to broaden its clientele by focusing on Indonesia and Vietnam. It expects to open a department store in Malaysia in 2017. (Thun Hoon, 11/12/15)
Comment: A really impressive growth machine that doesn’t stop

CSL
CSL expects 2015 net profit of Bt300mn aided by full occupancy of its data center. It targets broadband subscribers of 10,000, up from 4,000. (Thun Hoon, 11/12/15)

Continue reading Stocks in the news (ah, bts, ck, cpon, csl, ecf, gpsc, maco, ori, samco, samtel, sat, spa, sta, tasco, thai, tse) 11.12.15

Stocks in the news (anan, auct, fsmart, ilink, jas, kce, lhbank, ml, pace, planb, sat, seafco, tkt, tpch, trubb, tsr) 14.10.15

ANAN
ANAN says its backlog is Bt36bn of which Bt6bn is expected to be booked in 4Q15. It plans to launch two condominium projects at Bang Sue and Silom valued at Bt8bn. (Khao Hoon, 14/10/15)
AUCT
AUCT expects to get 4G auction system project management from NBTC. It expects this to contribute revenue in 4Q15. It expects 3Q15 earnings to be good. It expects to revise up revenue by 20-40%. It plans to bid for a condominium in 4Q15. (Thun Hoon, 14/10/15)
Comment: That is quite interesting, if you remember the interview posted within the past few weeks, AUCT was hinting towards being able to auction any and every type of product
FSMART
FSMART expects 2015 earnings to be good. It targets 57,000 Boon Term Top Up machines by the end of this year. It expects 2H15 earnings to be better backed by new products. It expects 2015 revenue to grow 30% as targeted. (Thun Hoon, 14/10/15)
Comments: And the cash machine still continues to grow and grow
ILINK
ILINK expects to get a Bt3bn project from PEA which is expected to put up for bid this year. It expects 2015 revenue of Bt3bn on the back of a Bt2bn submarine cable project at Ko Pha Ngan. It expects the telecom market to grow 100% because of the moves toward a “digital economy”. It plans to list Interlink Telecom next year. (Thun Hoon, 14/10/15)
Comment: Still one of the biggest beneficiaries in the “digital economy” market

Continue reading Stocks in the news (anan, auct, fsmart, ilink, jas, kce, lhbank, ml, pace, planb, sat, seafco, tkt, tpch, trubb, tsr) 14.10.15