Tag Archives: tgpro

Stocks in the news (beauty, bkd, chewa, cho, cpall, focus, glow, pstc, ptg, rjh, sgp, siri, tgpro, thai, tluxe, tm, yuasa) 01.09.16

BEAUTY
BEAUTY expects 2016 revenue and profit to be a new high due to revenue growth of more than 45% in 2H16. It is negotiating with a partner to set up distributorship in Hong Kong and Taiwan; it expects the deal to be concluded in 4Q16. It expects revenue growth of no less than 20% for the next three years. (Kao Hoon, 01/09/16)
Comment: I have sat down with management and I suspect they just got lucky with the international business. Regardless its still growing and growing and growing
 
BKD
BKD will ask its board for approval to sell land for Bt500mn. It plans to take part in Bt1.5bn in bids. It expects 2016 revenue to grow not less than 20%. (Thun Hoon, 01/09/16)
CHEWA
CHEWA is confident that 2016 revenue will grow 20% from last year supported by backlog of more than Bt300mn waiting to be booked and transfers of more than Bt1.3bn. It plans to launch two projects in 2H16 valued at Bt1.94bn. (Kao Hoon, 01/09/16)
CHO
CHO expects 2016 revenue growth of more than 10% backed by backlog of Bt586mn, with Bt310mn of this booked as revenue this year. It has a new job worth Bt300mn and expects to sign the contract and book revenue this year. It has budgeted Bt800mn to expand by eight fullservice maintenance centers. (Kao Hoon, 01/09/16)
CPALL
CPALL expects SSS growth to reach 3-5% brought by 7-Eleven stamp campaign and higher purchasing power from better farm income. It targets 12,000 branches within three years, with plans to open 420 stores this year. It expects a better margin from high margin products. (Thun Hoon, 01/09/16)
Comment: And just wait for the MAKRO turnaround + debt reduction 
 
FOCUS
FOCUS is talking to a prospective partner in France to take over a waste management business and expects to invest in the power business. It expects 2016 earnings to be good and for revenue to be higher than last year. It expects to take part in Bt800mn bids, of which it expects to get 50%. (Thun Hoon, 01/ 09/16)

Continue reading Stocks in the news (beauty, bkd, chewa, cho, cpall, focus, glow, pstc, ptg, rjh, sgp, siri, tgpro, thai, tluxe, tm, yuasa) 01.09.16

Stocks in the news (cbg, cwt, iec, j, jmart, max, nwr, tgpro, tpoly, tsr, tta, ureka) 01.06.16

CBG
CBG is confident that sales in 2Q16 WILL continue to grow supported by expansion in domestic and export markets. It plans to do marketing in Europe after being chosen as a sponsor for Chelsea Football Club. It expects 2016 sales to grow 15-20% and gross margin to reach 40%. (Thun Hoon, 1/6/16)
CWT
CWT expects 2016 revenue to reach Bt1.6bn. It expects to increase seat factory capacity in Cambodia. It expects 2019 production to increase to 1 million cars from capacity of 6,000 cars per month. It plans to invest in power plant and expects to clarity in 3Q16. (Thun Hoon, 1/6/16)
IEC
IEC spent Bt100mn to buy 25% of SK1 power plant. After the transaction it will hold 100%. It expects ROI of 13.12% per year. (Kao Hoon, 1/6/16)
Comment: Well ok, they will have to raise more capital to achieve their dreams
 
J
J expects revenue and profit to be a new high. It has budgeted Bt1bn to expand branches, acquire a business and buy land for development. (Kao Hoon, 1/6/16)
Comment: Similar business model to SF, in the end its a sqm leasing game.

Continue reading Stocks in the news (cbg, cwt, iec, j, jmart, max, nwr, tgpro, tpoly, tsr, tta, ureka) 01.06.16

Stocks in the news (bkd, becl, bmcl, cpr, css, fpi, irpc, kbank, kcm, match, mcs, ml, nwr, pps, ptg, ptt, pttgc, rml, smt, spa, tgpro, tpoly, trt, true, tvd) 26.08.15

BKD
BKD expects 3Q15 revenue to be higher than 2Q15. It expects to be awarded projects valued at Bt1.3bn in 4Q15. It expects 2015 revenue of Bt1.3bn as Bt2.5bn in backlog is expected to be booked. It targets 20% revenue growth next year. It plans to launch a property project in 2Q16. (Khao Hoon, 26/08/15)

BECL/BMCL
BECL expects the merger of BECL and BMCL to be finished by October with the new company trading in November. It expects to book a Bt1bn extra gain from BMCL in 3Q15. It expects Sri-Rat highway to open in July 2016. (Khao Hoon, 26/08/15)
Comment: The question still stands whether or not the company will be considered to be more valuable when the two entities combine, financial theory says no, thai investors may say otherwise.

CPR
CPR expects 2015 net profit of Bt50mn after it has reaching Bt27mn in 1H15. It expects 2015 revenue of Bt500mn backed by a broader customer base. It plans to add more farming machinery in 2017. (Thun Hoon, 26/08/15)

CSS
CSS has opened a new warehouse and office as management expects the telecom business to continue to trend up. It expects 2015 revenue of Bt4.8-5bn. (Thun Hoon, 26/08/15)

FPI
FPI expects 2015 revenue to achieve 20% target growth on the back of lower material cost and baht depreciation. It expects net margin of 13% this year. It is talking with ECF to invest in a 120MW biomass power plant, which is expected to be finalized in December. (Khao Hoon, 26/08/15)

Continue reading Stocks in the news (bkd, becl, bmcl, cpr, css, fpi, irpc, kbank, kcm, match, mcs, ml, nwr, pps, ptg, ptt, pttgc, rml, smt, spa, tgpro, tpoly, trt, true, tvd) 26.08.15

Stocks in the news (anan, atp30, bkd, chg, ecl, forth, fpi, gpsc, intuch, mill, nwr, planb, pttep, ratch, rs, samco, sappe, spcg, super, tasco, thai, tgpro, tk, tpch, tuf, uv) 14.08.15

ANAN
ANAN launches 4 new projects worth of Bt11bn. It has set a presales target of 40% per project within Aug 12-16. It is cooperating with Thai Samsung Electronics. (Khao Hoon, 14/8/15)]
Comment: And they’re spending quite the small fortune on marketing these projects, you can see their advertisements everywhere in Bangkok

ATP30
ATP30 IPO price at Bt0.95/share with 24.59% discount. It plans to invest in a bus. First trading day is Aug 27, 2015. It expects revenue growth of 15-20% in 2015. (Khao Hoon, 14/8/15)
Comment: Looks like another small IPO, watch for the first day bounce

BKD
BKD reported profit growth of 20% to reach Bt63mn in 2Q15. It targets jobs of Bt3.5bn supported by a new client. (Khao Hoon, 14/8/15)

CHG
CHG targets revenue growth of 15-20% from Bt2.71bn last year due to high season in 2H15 and expanding demand. It has budgeted Bt550mn to expand its hospital. (Thun Hoon, 14/8/15)
Comment: We still wonder aloud if this hospital group will ever be taken over.

Continue reading Stocks in the news (anan, atp30, bkd, chg, ecl, forth, fpi, gpsc, intuch, mill, nwr, planb, pttep, ratch, rs, samco, sappe, spcg, super, tasco, thai, tgpro, tk, tpch, tuf, uv) 14.08.15

Stocks in the news (ap, bigc, bkd, bts, cho, color, cpf, delta, earth, gc, gpsc, ktb, ktp, mtls, planb, samart, tgpro, tluxe, tpch, tvo) 27.07.15

AP
AP expects 2015 net profit to mark a record high of Bt25.3bn. It targets presales of Bt28.3bn and already has Bt18bn. It expects to launch 15 new projects throughout the rest of the year, worth Bt24bn. (Khao Hoon, 27/07/15)
Comment: Quite interesting that despite this economic malaise, AP is able to recognise revenue (the headlines are wrong) at such a high level.

BIGC
BIGC reported 2Q15 earnings of Bt1.9bn (1.4% growth) backed by adding stores, marketing campaigns and cost control. (Khao Hoon, 27/07/15)
Comment: BIGC themselves admit that Thailand is no longer a growing retail market, it has all the hallmarks of a developed retail market and the only focus that they have is cost cutting cost cutting cost cutting.

BKD
BKD expects 2Q15 earnings to be robust (+279%YoY). It is ready for upcoming bids which are expected to raise its backlog to a record high. (Thun Hoon, 27/07/15)

BTS
Management says it expects 5-7% revenue growth for the next two years and expects profit to surge in 2018. (Post Today, 27/07/15)

Continue reading Stocks in the news (ap, bigc, bkd, bts, cho, color, cpf, delta, earth, gc, gpsc, ktb, ktp, mtls, planb, samart, tgpro, tluxe, tpch, tvo) 27.07.15

Stocks in the news (bjchi, fsmart, intuch, mint, mlink, nmg, pttgc, ratch, spa, super, tgpro, tsr, tvt) 11.05.15

BJCHI
Expects to get project in Brazil worth Bt4-5bn in May. 1Q15 earnings will be released in this week. (Khao Hoon, 11/05/15)
Comment: Even though oil prices have dropped, it hasn’t appeared to hurt BJCHI at all just yet.

FSMART
1Q15 earnings surged 83%YoY to Bt57mn with total revenue of Bt361mn. Management says “Boon-term” machines are growing more than expected, rising to 47,392 machines in 1Q15 from 34,996 in 1Q14. Boon-term machines provide many services that boost revenue, so it has raised its target top up to Bt15bn in this year. The firm continues to look for other channels to build revenue. (Thun Hoon, 11/05/15)
Comment: Still an amazing business model, valuations are getting a bit rich now.

INTUCH
1Q15 earnings will be released today. Profit is expected to reach Bt4.2bn, 6%YoY growth, backed by greater profit at THCOM and ADVANC. (Khao Hoon, 11/05/15)

Continue reading Stocks in the news (bjchi, fsmart, intuch, mint, mlink, nmg, pttgc, ratch, spa, super, tgpro, tsr, tvt) 11.05.15

Stocks in the news (auct, banpu, cpf, dtac, ea, emc, genco, ifec, irpc, ivl, jmt, kbank, kcm, match, nusa, pf, planb, pstc, samco, saad, tgpro, tsf) 07.04.15

AUCT
AUCT revealed that it is studying the business potential abroad. If it is feasible it will begin the business by early 2016 and expects this could contribute 10% to its revenue. Management expects 1Q15 performance TO be strong with revenue growth of 20-40% YoY in 2015. (Thun Hoon, 07/04/15)
Comment: Still my biggest regret of last year with their amazing growth, but I’m now continually shaking my head at its valuation

BANPU
BANPU targets equity-based electricity generating capacity to reach 4,000MW by 2020, up from 1,800MW. This business will be its key growth driver for revenue and profit. (Thun Hoon, 07/04/15)

CPF
CPF concerned about lower purchasing power in Thailand which could be the worst among the 13 countries in which it has invested. The company expects acceleration of government budget disbursement to stimulate domestic demand and on this basis maintains its expectation of 10% revenue growth in 2015. It also targets more revenue from overseas business to reach Bt700bn in the next five years, accounting for 60% of total revenue. More M&A in Russia can be expected with an investment budget of Bt15-20bn per annum. (Krungthep Turakij, 07/04/15)

Continue reading Stocks in the news (auct, banpu, cpf, dtac, ea, emc, genco, ifec, irpc, ivl, jmt, kbank, kcm, match, nusa, pf, planb, pstc, samco, saad, tgpro, tsf) 07.04.15

Stocks in the news (bmcl, cpn, dtac, hmpro, mill, mono, ncl, psl, pylon, qh, tasco, tgpro, uv) 05.03.15

BMCL
Blue Line negotiations, not bids – The cabinet has given the green light to the Mass Rapid Transit Authority of Thailand (MRTA) to negotiate with BMCL with regards to operating the Blue Line extension. In addition, the Transport Minister is ready to bring back the Joint-Venture 2013 law between state enterprises and private operators. (Thai Rath, 05/03/15)
Comment: This should be a positive for BMCL, cuts out a lot of unnecessary redtape

CPN
CPN will invest Bt6.3bn in Central Festival Phuket 1, leasing land and building from CDS. It announced a dividend of Bt0.65/share. (Kao Hoon, 05/03/15)

DTAC
DTAC introducing new service, “jaew”, an application for financial transactions. It will allow DTAC subscribers who do not have bank accounts and live far from a town to transfer and receive money and pay bills. (Kao Hoon, 05/03/15)
Comment: Now this is an interesting service, a way to transfer $ without a bank account

Continue reading Stocks in the news (bmcl, cpn, dtac, hmpro, mill, mono, ncl, psl, pylon, qh, tasco, tgpro, uv) 05.03.15

Stocks in the news (ai, aie, ajd, ajp, becl, bjchi, ck, epco, prin, scn, sena, tgpro, trc, tta, weh, xo) 23.01.15

AI
AI confident that net profit this year will grow by 200% driven by strong performance from subsidiary AIE and AI’s earlier investments that are expected to help lower costs by 20%. Revenue this year is expected to hit its target of Bt9bn. (Kao Hoon, 23/01/15)
Comment: These are impressive numbers come out of AI, I’m not sure why at the moment.

AIE
AIE expects revenue to jump to Bt8bn this year due to strong flow of orders. It said that the company’s program to increase efficiency will help lower costs to compensate for the government’s cut in the proportion of biodiesel mixed in oil. (Kao Hoon, 23/01/15)

AJD
AJD says 2014 profit jumped, while revenue from its entertainment business in 2015 is expected to increase by 50% driven by subsidiary, Happy Import-Export, which is expected to produce more than 10 TV shows this year for Channel 7. The subsidiary also plans to apply for a license to be able to sell Thai TV shows in China. AJD plans list this company on mai in 2016. (Kao Hoon, 23/01/15)

Continue reading Stocks in the news (ai, aie, ajd, ajp, becl, bjchi, ck, epco, prin, scn, sena, tgpro, trc, tta, weh, xo) 23.01.15

Stocks in the news (beauty, bgh, cpn, eureka, fire, gold, jsp, lcd, pps, pttep, rs, sawad, thai, tgpro, tk, vpo) 13.11.14

BEAUTY
BEAUTY reported 3Q14 net profit of Bt81.3mn, +68.4% YoY. The company is preparing to launch a new marketing campaign in 4Q14 to stimulate sales and is confident that revenue will grow 30% YoY in 2014 with widen net profit margin to at least 20%. (Kao Hoon, 13/11/14)
Comment: One of the few companies to have fantastic performance this 3Q14. And admittedly it is one that I’ve missed.

BGH
BGH has six M&A deals planned for Q1 — SET-listed Bangkok Dusit Medical Services Plc (BGH), Thailand’s largest hospital group, has planned merger and acquisition deals with six local hospitals in the first quarter of next year. (Bangkok Post ,13/11/14)
Comment: The M&A machine that is BGH continues, I still wouldn’t be surprised to see them to a hospital REIT in the future (not that they need the cash)

CPN
Central Pattana plots more malls in Bangkok and upcountry – SET-listed shopping project developer Central Pattana Plc (CPN), a property arm of Central Group, is set to double the number of its domestic malls to around 50 by 2024. The company seeks to open 20 retail projects from 2018-24 that will require an investment of Bt15bn a year. (Bangkok Post ,13/11/14)
Comment: Mall Group can’t catch up with CPN no matter how hard they have recently started trying.

Continue reading Stocks in the news (beauty, bgh, cpn, eureka, fire, gold, jsp, lcd, pps, pttep, rs, sawad, thai, tgpro, tk, vpo) 13.11.14