AMATA sets target land sales of 1,000 rai in 2016. It is negotiating with a foreign customer and hopes to finish the deal in 2H16. (Khao Hoon, 24/02/16)
Comment: This implies a 20% revenue growth for AMATA this year.
ARROW is confident that revenue in 2016 will reach Bt1.4bn supported by more order, an increase in market share to 65% and expansion of factory and machinery. (Khao Hoon, 24/02/16)
Comment: What property slowdown? As long as the number of buildings continue to increase then ARROW is in good shape. A consistent grower over the past few years.
BIG reported net profit of Bt459mn, growth of 235%, on a gain in market share to over 50% and total revenue of Bt1.62bn. It targets revenue growth of no less than 10%, supported by expanding to high-end customers. It will pay a dividend of Bt0.6/share, XD on April 29. (Khao Hoon, 24/02/16)
Comment: I’ll be reading their notes to the financial statements w/ a lot of questions…
CHO reported profit in 2015 of Bt35mn, less than last year. This was due to a fall in total revenue and impact from the cancellation of the NGV bus. The board approved a stock dividend in the ratio 10 old shares for 1 new share, XD on April 27. It targets revenue growth of 5-10% in 2016. (Khao Hoon, 24/02/16)
Comment: Stock divvy’s are never liked by this market…
BCH expects double digit growth in this year. It plans to expand its customer base, focusing especially on SSO and foreign clients. It expects 2016 net profit to be good as WMC breaks even in 2H16. (Thun Hoon, 03/02/16)
Comment: I think I’ve been reading about this WMC breaking even for the past….4-5 years now?
ESSO plans to invest in high return businesses to wipe out retained losses of Bt8.35bn. It targets oil retail sales to grow 9% because of high demand as oil prices fall. It plans to launch Diesel Plus and gasohol E20 in order to raise margin. (Thun Hoon, 03/02/16)
Comment: If you look at what just happened to Shell Malaysia, it makes one a bit worried about touching any oil related names @ the moment (Shell HQ sold their 51% stake in the m’asia listed co @ a 65% discount to mkt price..)
GC is talking to a prospective local partner to launch new products. It expects a decision to be made soon. It targets 2016 revenue growth of 5%, supported by large numbers of orders and a weaker baht. (Thun Hoon, 03/02/16)
JASIF will pay 4Q15 dividend of Bt0.22/share, PD on March 2. This brings 2015 dividend to Bt0.74/share or 8.31% dividend yield. (Khao Hoon, 03/02/16)
Comment: JAS is looking forward to receiving some $
ARIP expects profit to turnaround this year on the back of expansion into digital marketing arena which should generate revenue around Bt10-15mn. It targets 2016 revenue of Bt300mn. It expects to finalize 2 organizer deals abroad in 1Q16. (Thun Hoon, 22/01/16)
BIG plans to pay dividend after it has wiped out the negative retained earnings. It expects 2016 revenue to mark a record high aided by government policy and opening of new branches. (Thun Hoon, 22/01/16)
Comment: Doubt the sustainability of this, hope for their sake that I’m proven wrong but still have my doubts…
CHG resolved to complete its acquisition of Ruampat Payong Hospital, valued at Bt117mn, effective Mar 1, 2016. (Thun Hoon, 22/01/16)
Comment: The most expensive hospital stock in Thailand today…which does say a lot.
EA expects 4Q15 earnings of Bt683mn (+86%), brought 2015 earnings to Bt2.8bn thanks to full-year contribution from solar farm. (Khao Hoon, 22/01/16)
Comment: Again everything is still on track here for EA