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 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 is budgeting Bt20bn for add 60 gas stations. It plans to list a subsidiary in 4Q16. (Thun Hoon, 26/02/16)
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
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 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 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 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..
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 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 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 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 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 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.
Names today: DCC, EPG, GLOBAL, GOLD, KOOL, MTLS, MSC, NOK, PTG, SC, SIRI, TFD
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 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 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
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 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 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 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.