Tag Archives: tfd

Stocks in the news (anan, ba, ckp, egco, gtb, inet, itel, jas, lalin, lpn, major, nwr, singer, tfd, twpc) 27.09.16

ANAN
ANAN expects to launch five projects with a total value of Bt13bn in 4Q16 which it believes will lift 2016 presales to reach its target of Bt22bn. Presales are now at Bt14.3bn and backlog at Bt38.5bn. It will book revenue of Bt12bn in 2H16. (Kao Hoon, 27/09/16)
Comment: Same story as yesterday and as it has been for past the 12 months 
 
BA
BA expects 2Q16 earnings to be good, supported by high season. It says prebooking will be over 13% and expects 2016 net profit to be a new high. It targets 2016 revenue growth of no less than 10% and passenger load to reach 70%. ( Thun Hoon, 27/09/16)
CKP
CKP share price surged due to expectation of a 2H16 profit of over Bt300mn or growth of 53% YoY, driven by more capacity from Nam Ngum 2. (Kao Hoon, 27/09/16)
Comment: I’m only thinking when will they sell things off to a fund of sorts, otherwise the valuation is a bit rich for my liking.
 
EGCO
EGCO is working with a partern to take over geothermal power plants in Indonesia and the Philippines. It expects to wind up the deal in November. It expects 3Q16 earnings growth as it books revenue from Khanom power plant 4. ( Thun Hoon, 27/09/16)
GTB
GTB targets 2016 revenue growth of 8%. It has backlog of Bt700mn and expects to book revenue of Bt500mn in 2H16. It expects to get a new job worth of Bt80mn soon. It targets an increase in revenue from abroad to 20% within three years. (Kao Hoon, 27/09/16)

Continue reading Stocks in the news (anan, ba, ckp, egco, gtb, inet, itel, jas, lalin, lpn, major, nwr, singer, tfd, twpc) 27.09.16

Stocks in the news (anan, arrow, atp30, bwg, cho, demco, egco, ndr, ptt, sgp, spali, stec, t, tfd, wha) 14.07.16

ANAN
ANAN and Mitsui Fudosan plan to set up associated companies and launch three projects at the end of this year. It expects this to bring up backlog from Bt38bn, which can cover revenue until next year. It plans to buy land. (Thun Hoon, 14/07/16)
Comment: And their growth is effectively secured for the next 2 years
 
ARROW
ARROW is budgeting Bt37mn to set up its 2nd electrical conduit plant on 7 rai of land in order to serve high demand. This will increase its capacity by 50%. It expects RTRC conduits to be a key driver. It expects 2016 revenue to be not less than Bt1.4bn. (Thun Hoon, 14/07/16)
ATP30
ATP30 signed a contract valued at Bt20mn to provide five years of logistics service. It took part in Bt800mn bids and expects to get this job. It expects 2Q16 earnings to be good thanks to new clients. (Thun Hoon, 14/07/16)
Comment: Popular at the amount amongst retail investors, seems to be a steady cash earner with its basic logistics service
 
BWG
BWG plans to operate RDF phase 2, capacity of 250 tons, by the end of this year. This will ramp up its total capacity to 600 tons per day which can serve three 10MW power plants. (Khao Hoon, 14/07/16)
Comment: It feels like the renewable game in the market has returned

Continue reading Stocks in the news (anan, arrow, atp30, bwg, cho, demco, egco, ndr, ptt, sgp, spali, stec, t, tfd, wha) 14.07.16

Stocks in the news (banpu, bm, cpn, csl, demco, epg, fpi, gold, jas, pttep, sena, tfd, trc, uu) 02.06.16

BANPU
BANPU to have BPP invest in solar farms in China and Japan. It expects to increase capacity to increase revenue in 2017. The coal business continues to be good. It plans to acquire another mine and to invest in renewable energy to replace coal, such as water and solar. It expects to increase capacity to 2,400MW in 2020. (Thun Hoon, 2/6/16)
BM
BM expects 2Q16 earnings continue to grow. It is confident 2016 revenue growth will hit target at 20% from last year and bring net profit up supported by more orders. It expects to get a job in Suvarnabhumi phase 2 expansion. (Kao Hoon, 2/6/16)
CPN
CPN expects 2Q16 to be similar to 1Q16. It maintains its revenue target growth at 14-15% and is preparing to open a new department store. It plans to increase rental space in its department stores to 2-3% and in office building to 3-5%. (Kao Hoon, 2/6/16)
Comment: Still the incumbent in the retail industry in Thailand. International expansion is a positive but does have lower margins.
 
CSL
CSL expects 2016 revenue to increase 2-3% supported by a data center, for which renters have reached 68% now. The broadband business continues to grow. It targets 10,000 customers in 2016. (Thun Hoon, 2/6/16)

Continue reading Stocks in the news (banpu, bm, cpn, csl, demco, epg, fpi, gold, jas, pttep, sena, tfd, trc, uu) 02.06.16

Stocks in the news (aav, cwt, eforl, hmpro, kbank, kiat, maco, ori, planb, ptt, stec, tfd, wiik, win) 31.03.16

AAV
AAV sets 2016 passenger target of more than 16.9mn passengers from 14.8mn. In THE first two months, the number of passengers grew 20%. It has budgeted Bt500mn to buy five planes and for oil price hedging. (Kao Hoon, 31/03/16)
Comment: Without a doubt they are the #1 airline carrier in town. 
CWT
CWT increases revenue target growth to Bt1.7bn supported by wood export business. It expects to get a new customer in the automotive business to increase its backlog by Bt1.5bn. (Thun Hoon, 31/03/16)
EFORL
EFORL reports subsidiary “Siam Snail” plans to open the first snail eco farm in Asia after completing a study. (Thun Hoon, 31/03/16)
Comment: I have no idea how this will add value to its business…a most rather curious case of diversification
HMPRO
HMPRO expects profit in 1Q16 of Bt819mn or growth of 12% supported by positive SSS growth, new stores and profit at the Mega Home format. (Kao Hoon, 31/03/16)

Continue reading Stocks in the news (aav, cwt, eforl, hmpro, kbank, kiat, maco, ori, planb, ptt, stec, tfd, wiik, win) 31.03.16

Stocks in the news (anan, banpu, bcp, bjchi, bwg, epco, forth, fpi, gunkul, ircp, k, l&e, maco, ndr, nok, rs, samart, sawad, tcj, tfd, tkn, tmi, trc, tvt, ubis, wha) 26.02.16

ANAN
ANAN targets 2016 revenue to reach Bt11bn backed by Bt37.2bn backlog. It plans to launch 12 projects, valued at Bt22bn. (Thun Hoon, 26/02/16)
Comment: Seems to be rather conservative estimates coming out from the management team given their backlog, lets see how things unfold during the year

BANPU
BANPU expects net profit to return to the black this year aided by US$70mn extra gain on Hongsa power plant and its coal capacity of 46.1mt/year. It plans to acquire a coal mine in Indonesia. It plans to issue a Bt10bn debenture. (Khao Hoon, 26/02/16)
Comment: Well and there’s a supposed listing of BANPU power..

BCP
BCP is budgeting Bt20bn for add 60 gas stations. It plans to list a subsidiary in 4Q16. (Thun Hoon, 26/02/16)

BJCHI
BJCHI reported its highest net profit at Bt1.32bn in 2015 supported by continuous construction of FPSO’s P75&77 projects. It targets 2016 revenue to grow not less than 15% thanks to Bt3.7bn backlog. It expects to be awarded new projects in April. (Thun Hoon, 26/02/16)
Comment: Impressive results given the huge drop in oil prices

Continue reading Stocks in the news (anan, banpu, bcp, bjchi, bwg, epco, forth, fpi, gunkul, ircp, k, l&e, maco, ndr, nok, rs, samart, sawad, tcj, tfd, tkn, tmi, trc, tvt, ubis, wha) 26.02.16

Stocks in the news (beauty, bcp, cbg, iec, fire, j, jmart, nusa, preb, rml, samart, tfd) 01.02.16

BEAUTY
BEAUTY targets 2016 revenue of Bt2.1bn, up 20% on the back of opening new branches at home and abroad, launching new products, and a focus on the online market. It expects 2015 revenue to be above Bt1.7bn. (Khao Hoon, 01/02/16)
Comment: And they still keep growing and growing! *continue to smack head against the wall*

BCP
BCP has budgeted bt10bn to invest in power businesses which it expects will support its growth. It expects to complete a deal by next week. (Khao Hoon, 01/02/16)

CBG
CBG revised down its marketing budget from Bt500mn to Bt300-400mn because consumer purchasing power has not recovered. It plans to waiting for government stimulus measures, hoping this will inject money into the economy, especially grass roots. (Post Today, 01/02/16)
Comment: We do wonder aloud…will their multi brand multi product approach work? I have yet to see an independent Thai consumer company be very successful at this

IEC
IEC signed contract with 8 clients to sell thermoplastics valued at Bt130mn. It plans to increase its capacity by 2Q16. It is confident its shareholders will okay a capital increase. It expects funding of Bt498mn. (Khao Hoon, 01/02/16)
Comment: Urgh…this company…watch the volume traded, the moment it begins to pick up, then just join the punters..

Continue reading Stocks in the news (beauty, bcp, cbg, iec, fire, j, jmart, nusa, preb, rml, samart, tfd) 01.02.16

Stocks in the news (ah, bjchi, cho, com7, dtac, earth, ifs, kce, mcs, mtls, sawad, stec, tae, tfd, thcom, tsr, uac) 11.01.16

AH
AH expects 2016 sales to grow 5-6% backed by automotive sector recovery. It expects to increase revenue by focusing on making molds, which increases its gross margin. (Thun Hoon, 11/01/16)
Comment: Rubbish, this company hasn’t performed for a decade.
BJCHI
BJCHI expects 4Q15 earnings to reach a record high aided by transfers and the baht depreciation. It targets 2016 revenue growth of 15%. (Thun Hoon, 11/01/16)
CHO
CHO plans to expand to Myanmar, Malaysia, and Indonesia. It expects this to contribute Bt100mn revenue this year. It targets 2016 revenue of Bt1.6bn with a 6% net margin. It is budgeting Bt100mn to invest in two garages. (Thun Hoon, 11/01/16)
COM7
COM7 expects 2016 net profit of Bt417mn (50% growth from 2015’s Bt281mn) backed by the switch to 4G by 10mn subscribers. (Khao Hoon, 11/01/16)
Comment: Waiting for the iphone7

Continue reading Stocks in the news (ah, bjchi, cho, com7, dtac, earth, ifs, kce, mcs, mtls, sawad, stec, tae, tfd, thcom, tsr, uac) 11.01.16

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 (27.10.15)

Names today: DCC, EPG, GLOBAL, GOLD, KOOL, MTLS, MSC, NOK, PTG, SC, SIRI, TFD

DCC
DCC’s board has approved 3Q15 interim dividend of Bt0.042/share, XD on Nov 6. It reported 3Q15 net profit of Bt275mn. (Khao Hoon, 27/10/15)
Comment: DCC’s revenues have taken a slight hit and despite their margin improvements, things still don’t look rosy for the company just yet

EPG
EPG expects 2QFY16 net profit to grow 50% from 2QFY15’s Bt148.05mn backed by numerous orders and cost control. (Thun Hoon, 27/10/15)
Comment: Just impressive numbers coming out of this niche player

GLOBAL
GLOBAL expects 2015 net profit of Bt1bn backed by Bt20bn in sales at local branches brought by government stimulus measures. It says there are a lot of orders from Laos. It plans to expand to Vietnam and Cambodia, with a decision made in 2016. (Thun Hoon, 27/10/15)
Comment: We still don’t quite understand why this company is so well loved nor why Siam Cement Group decided to buy a stake in it

Continue reading Stocks in the news (27.10.15)

Stocks in the news (asimar, bmcl, color, cpall, global, intuch, ps, malee, mint, npp, nusa, scn, ssi, stanly, tfd) 05.10.15

ASIMAR
ASIMAR expects to bid for a Bt1bn ship building contract. It plans to increase capacity by set up a third floating dock. It expects 3Q15 earnings to be good aided by transfers. (Thun Hoon, 05/10/15)

BMCL
BMCL expects growth in 3Q15 earnings backed by increasing passengers. It expects 300,000 passengers/day. It expects to show a net profit in 2016 after the MRT Purple Line begins contributing revenue in 4Q15. (Thun Hoon, 05/10/15)
Comment: The moment that BMCL can expand its lines from its existing ~20km to just even 30km then it’ll finally become a profitable company.

COLOR
COLOR expects 2015 revenue to mark a record high thanks to high demand and lower oil price. It expects 5% growth in 2015 revenue. It plans to increase exports to comprise 20% from 18- 19% now. (Thun Hoon, 05/10/15)

CPALL
CPALL expects 2H15 earnings to be better aided by a marketing campaign, recovery in purchasing power, and seasonality. (Khao Hoon, 05/10/15)
Comment: Again the story here is purely if and/or when they’ll sell their stake in MAKRO to the market.

Continue reading Stocks in the news (asimar, bmcl, color, cpall, global, intuch, ps, malee, mint, npp, nusa, scn, ssi, stanly, tfd) 05.10.15