Tag Archives: skr

Stocks in the news (age, aot, ba, bem, cpf, ea, gunkul, intuch, itel, jubile, kce, lph, ndr, ptt, sena, skr, thai, tpbi, tu, wiik) 15.08.16

AGE
AGE expects 2H16 to be good. It plans to do a marketing campaign in ASEAN. It is confident that 2016 sales will reach the target of 2.2mn tons. It reported 2Q16 net profit of Bt29mn, up 4% YoY and total revenue over Bt1bn. (Thun Hoon, 15/08/16)
AOT
AOT reported 3QFY16 profit of Bt5.06bn, growing 24% supported by a 20.62% growth in lowcost airline passengers and total passenger growth of 11.08%. It passed more than 90mn passengers through its gates in the nine months and profit was Bt15bn. (Kao Hoon, 15/08/16)
Comment: The bombing over the weekend isn’t going to help matters in the ST, but unless there are continued incidents in Thailand I doubt that there’ll be a permanent impact over the med-long term
 
BA
BA expects 2H16 to be better than 1H16 due to high season. It plans to open two new routes to increase Chinese passengers. It has budgeted Bt1bn to expand Samui Airport to support 6mn passengers per year. It reported 1H16 earnings of Bt1.46bn or growth of 12.5%. (Thun Hoon, 15/0 8/16)
BEM
BEM reported 1H16 earnings growth of 12.3% to over Bt1.2bn and expects 2H16 to continue to grow. It will bid for a new job and plans to list its subsidiary soon. (Thun Hoon, 15/08/16)
CPF
CPF reported 2Q16 net profit of Bt4.02bn or growth of 35%, with 1H16 net profit of Bt7.78bn supported by more sales, both domestic and export. It will pay an interim dividend of Bt0.50/share, XD on Aug 23. (Kao Hoon, 15/08/16)
EA
EA reported 2Q16 net profit of Bt992mn or growth of 33%, due to booking revenue from its solar farm in Phitsanulok. It will COD 126MW a wind power plant at the end of this year. (Kao Hoon, 15/08/16)
GUNKUL
GUNKUL reported 1H16 net profit of Bt315.94mn, up 42.62% from Bt221.53mn in 1H15. It expects demand to increase and will continue to expand business to support earnings growth. (Thun Hoon, 15/08/16)
Comment: Similar to most renewable players, GUNKUL’s growth is relatively straightfwd to forecast for the next few years. The jumps in revenues will come from new projects

Continue reading Stocks in the news (age, aot, ba, bem, cpf, ea, gunkul, intuch, itel, jubile, kce, lph, ndr, ptt, sena, skr, thai, tpbi, tu, wiik) 15.08.16