ASEFA expects its new plant to run this February. This plant will raise its capacity by 50%. It plans to open five more after-sales service centers to handle upcoming large orders. (Thun Hoon, 29/01/16)
Comment: Well the question will turn to utilisation rates, its a new ipo, not much of a public market track record and we still have many questions about it.
BCP expects 2015 net profit to be over Bt4.1bn (500% growth) despite net loss of Bt99mn in 4Q15 from stock and impairment loss. (Khao Hoon, 29/01/16)
BIG targets 2016 revenue to grow 10% by offering photography services and solutions. It plans to provide another service, printing photos from mobile phones, targeting the youth. It plans to pay a dividend on its robust 2015 earnings. (Thun Hoon, 29/01/16)
Comment: They say that 1) Margins are stable 2) Growth comes from consumers actually wanting to use cameras and the change in consumer behaviour; I say 1) Ok 2) Don’t see it ccontinuing
BWG targets 2016 revenue growth of 10-15% backed by increasing waste income. It is working with EGAT to invest in a waste power plant. It plans to cooperate with IEAT to invest in IE for alternative energy, with a decision to be made by April. Foreign investors are interested in its shares via PP. (Khao Hoon, 29/01/16)
Comment: It would be interesting to see how this company develops….if everything they say is true then there could be a decent amount of upside available. No idea why they would need a PP give that their capital base seems solid
FSMART targets 90,000 Boon-Term Top-Up machines by the end of this year. It expects these to contribute Bt21bn revenue in 2016. It expects to offers a new platform for its Top-Up machines to make them more user friendly. (Thun Hoon, 29/01/16)
Comment: Just amazeballs
Names today: ACAP, COM7, CPN, IFEC, CPN, CSP, IFEC, JAS, KC, NUSA, ORI, PE, RCI, SAMART, SENA, SMART, TSF
ACAP expects to show net profit next year on the back of loan extensions and cost control although this year may have a net loss. It is working with AJD to invest in an online loan machine valued at Bt400mn. It plans to acquire more debt to increase its debt collection portfolio. (Thun Hoon, 30/10/15)
Comment: We do wonder who the new shareholders are in ACAP and what their plans will be with this entity in the future
COM7 expects to show net profit in 4Q15 backed by 4G auction and iPhone6-plus launch. It expects 2015 revenue to achieve its target. It expects 2016 revenue to grow 5%. It plans to open more branches to expand to the SME market. (Thun Hoon, 30/10/15)
Comment: So, wait for the price to decline and buy again when the iPhone 7 releases?
CPN plans to expand to Myanmar. It targets to open hotel and department stores to cover AEC. It expects 2016 revenue to grow 10-15% backed by tourism. (Thun Hoon, 30/10/15)
Comment: The family already has a foothold there, so this is just a natural extension of the group’s overall business
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 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 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)
ANAN expects real estate revenue to reach Bt10.5bn this year backed by large backlog of Bt35bn. It will launch 12 projects worth Bt31.5bn. Its presales were impressive at Bt7.5bn in 1Q15. (Kao Hoon, 27/3/15)
Comment: Again the question for ANAN is how much can operating margins improve. Should they match industry average then the upside is fairly obvious.
BJC targets revenue growth this year at more than 10% with better net margin than last year. It plans to invest Bt4bn to raise production capacity and production lines. It is also looking for a new acquisition. (Kao Hoon, 27/3/15)
Comment: Well it eventually pushed through the Metro acquisition in Vietnam.
EASTW disclosed water sales grew 3-4% in 1Q15 as demand in the eastern region continues growing. It expects total revenue growth of 5-6% plus better margin than last year’s in the light of lower electricity cost. (Than Hoon, 27/03/15)
EMC continues to take over residential property projects, hoping to generate revenue at a faster pace than investing on its own. It recently acquired Imperial Land (IMP) from UWC worth Bt278mn. Its Station One @ China Town project will be launched and recorded as revenue in 2Q15. (Thun Hoon, 27/03/15)
Comment: Another wannabe property company? As if we don’t have enough of these smaller developers that appear to just be one hit wonders.
AAV’s bookings down 15% due to the coup. The CEO says the airline has seen a significant decline in Chinese clients, but domestic traffic continues to support operations. Khon Kaen, Nakorn Panom, and Naratiwat flights have a load factor of 90%. It will control costs and postpone client base expansion to handle the drop in bookings. It is preparing to cut capacity by more than 15% and will definitely survive. (Khao Hoon, 20/06/14)
Comment: If you think about it, a 15% decrease in bookings despite all the negative news about Thailand, and yet domestic flights are still operating at a 90% load factor, thats not too bad at all!
AIS names new chief executive – Mobile leader Advanced Info Service (AIS) finally named chief marketing officer Somchai Lertsutiwong as its new chief executive after a process lasting several months. His appointment had been expected by many in the company. He has worked at Shin Group including AIS for 23 years. (Bangkok Post, 20/06/14)
BAY adds Japanese flavour to services – Now that Bank of Tokyo-Mitsubishi UFJ (BTMU) has finished acquiring 72% of Bank of Ayudhya (BAY), the local bank is moving towards attracting Japanese investors by setting up desks with fluent Japanese speakers at select branches. Moreover, the Thai bank plans to open more branches in industrial estates where Japanese work and add the Japanese language to its 5,000 ATMs nationwide this year. (Bangkok Post, 20/06/14)
Comment: Since the BTMU has become the majority shareholder in BAY, its stock price has re-rated to valuations levels similar to SCB and KBANK, is this warranted? Perhaps.
Ananda scales back condo advertising – The SET-listed Ananda Development Plc (ANAN) has capped spending on marketing and advertising at 2.5% of sales, down from 4% last year, as the political turmoil looks set to dampen condo-buying sentiment throughout 2014. (Bangkok Post, 11/04/14)
Comment: The pullback in advertising has been throughout all of Bangkok, hardly any fairs nor sales points in any of the malls.
Good Songkran travel — AOT expects an 8% rise in passengers and 15% in flights at its six airports during Songkran holiday. It is planning at phase 4 for Don Muang airport at a cost of Bt20bn, a third passenger building connected with the Red and Green lines. (Khao Hoon, 11/4/14)
Comment: Once management improves – there’s no reason why this Airport won’t be number one in the region in terms of volume and quality – same goes for Thai Airways.
SAMART says 1Q14 was good supported by higher sales from SIM. It expects higher growth in 2Q14 and 3Q14 with the TV digital business helping support sales. Its subsidiary, One to One Contracts Plc (OTO) will also IPO with 80mn shares at Bt5.40/share. It will start trading on mai on May 15. (Khao Hoon, 11/04/14)
Comments: Brokers (and we) are loving this at the moment. Continue reading Stocks in the news (anan, aot, samart, gunkul, ivl, ptt, rml, sccc, svi, thai, tsf) 11.04.14
Confident in target — BEAUTY is confident revenues will hit target growth of 30% and said that the economic slowdown will have no impact on its business, with sales in the second half expected to continue to grow, supported by the opening of new branches and launch of new products. The company expects to open new branches in Laos and Vietnam in 4Q13. (Khao Hoon, 03/09/13)
Hopes for Purple line contract ok today — BMCL is ready to sign the Purple line contract, hoping for cabinet approval today after it cut its bid down to Bt82.625bn. (Khao Hoon, 03/09/13)
Comment: If you have to choose a mass transit operator then go for BTS instead of BMCL
Just received this in my mailbox, its a rather nifty little infographic showing which publicly listed companies in Thailand will benefit from the recent issuance of 3G licenses to the telecom operators.
Source: Not sure, if someone knows do inform me so I can credit them properly