Tag Archives: uwc

Stocks in the news (age, apco, cen, ci, dcc, ifec, jwd, mcs, pjw, pttep, sawad, tfg, tk, tpch, uwc, wha) 16.12.15

AGE
AGE plans to expand to Vietnam and Cambodia where demand is high. It expects 2016 revenue to grow 10-20% from this year’s Bt4bn. It plans to expand its seaport, which is expected to increase its capacity by 30%. (Thun Hoon, 16/12/15)
Comment: The coal industry isn’t going anywhere and AGE is suffering with it

APCO
APCO plans to expand its market at home and overseas and will launch a new product, “Refreshing Spray”. It expects 4Q15 sales to increase by 50%. It expects to recognize revenue from abroad within 2016. (Khao Hoon, 16/12/15)
Comment: Effectively a listed MLM firm. If you believe that there are enough silly consumers out there to overpay for POS products then you can go ahead and believe in APCO

CEN
CEN expects to show net profit next year from net loss this year backed by its subsidiary and whole year of revenue from its power plant. It plans to expand abroad and acquire more power plants. (Thun Hoon, 16/12/15)

CI
CI expects 2016 revenue growth of 100% backed by transfers, rental revenue, and selling Bt1.2bn assets to REITs. It expects 2015 revenue to be higher than Bt2bn. (Khao Hoon, 16/12/15)
Comment: This will mainly be from the REIT, the issue with a property company this size is that earnings will be lumpy, great for a year or 2 and rubbish for the next few years and CI is no different.

Continue reading Stocks in the news (age, apco, cen, ci, dcc, ifec, jwd, mcs, pjw, pttep, sawad, tfg, tk, tpch, uwc, wha) 16.12.15

Stocks in the news (02.11.15)

Names today: GCAP, JAS, KAMART, MATCH, MODERN, NCL, NUSA, PK, PTT, SGP, SUPER, SVOA, UWC, VGI

GCAP
GCAP licensed to engage in nano-finance and offer personal loans. It expects this to support robust earnings in 2H15. (Thun Hoon, 02/11/15)

JAS
JAS says it is ready for 4G auction for 1800MHz and 900MHz. It expects this to available for 4G mobile broadband. (Khao Hoon, 02/11/15)
Comment: I’m curious about how are they able to compete within this market

KAMART
KAMART expects 2015 net profit to be a five-year high (+140.6%) backed by high margin (more than 55%) from raising the sales of house brands plus seasonality. KAMART shares are of interest to institute investors (via PP) in recognition of its strong fundamentals, earnings growth and regular dividend. It plans to expand abroad. (Thun Hoon, 02/11/15)
Comment: Wouldn’t be surprised to see KAMART do a PP and then shift its business model, beautified solar power plants perhaps?

Continue reading Stocks in the news (02.11.15)

Stocks in the news (aot, bdms, big, chow, cwt, eastw, nusa, planb, pttep, samart, sgp, siam, spcg, uwc) 23.09.15

AOT
AOT’s board has approved a computerized passenger-screening system at its six international airports on December 1. International passengers will be charged for this. It expects this to increase revenue by Bt120mn. (Khao Hoon, 23/09/15)
BDMS
BDMS expects 2015 revenue to grow 12% as targeted. It has a goal of 50 operating hospitals. It plans to open a Neuroscience Center. (Khao Hoon, 23/09/15)
BIG
BIG has asked for shareholder approval to reduce registered and paid-up capital from Bt882.21bn to Bt352.88bn by means of reducing the value of each share from Bt0.25 to Bt0.10 to write off negative retained earnings and discount on capital. Management expects this business restructure to support future business growth. (Thun Hoon, 23/09/15)
CHOW
CHOW plans to operate 3.5MW more in solar farms in Japan, which will increase total capacity by 12MW. It plans to invest more. (Khao Hoon, 23/09/15)
Comment: They are actively looking for projects throughout the region. Then again so are many other companies in the space, its just a question of how much is one willing to pay.
CWT
CWT expects to sign the PPA for a 9.9MW waste power plant after completing the public hearing. It expects the sale of ordinary shares via PP to be successful. It expects to show a net profit in 3Q15 from 3Q14 net loss of Bt1.73mn aided by large orders. (Khao Hoon, 23/09/15)

Continue reading Stocks in the news (aot, bdms, big, chow, cwt, eastw, nusa, planb, pttep, samart, sgp, siam, spcg, uwc) 23.09.15

Stocks in the news (ap, brr, bwg, emc, epco, ilink, kc, major, pps, sppt, ssi, tpipl, uwc, win) 22.09.15

AP
AP expects 2H15 backlog of Bt14.47bn, of which Bt8.47bn is expected to be booked this year. It expects 2015 revenue of Bt25.3bn as it has achieved Bt20.9mn. (Khao  Hoon, 22/09/15)
BRR
BRR plans to issue a Bt2bn 2-year debenture. It expects to use the cash from this to increase capacity to 23,000 tons/day. (Khao Hoon, 22/09/15)
Comment: Every company should be issuing debentures to take advantage of this low interest rate environment. 
BWG
BWG expects M&A to be finalized soon. It is ready for new machinery for the waste power plant which is expected to supply electricity next year. It expects 2H15 earnings to be good on the back of high demand. It expects 2015 revenue to grow 15% as targeted. (Thun Hoon, 22/09/15)
EMC
EMC has launched Palmio Amata Nakorn condo which targets workers in Amata industrial estate. It expects to recognize Bt261mn revenue in 4Q15. (Thun Hoon, 22/09/15)
EPCO
EPCO expects to get a 600MW cooperative solar farm project. It expects a 15MW Japanese solar farm to be finished and supply electricity in 3Q15. It expects 2015 revenue to grow 10% and net profit to grow 15%. (Khao Hoon, 22/09/15)
Comment: EPCO does have quite the professional team targeting renewable projects, no surprise in their ability to win projects

Continue reading Stocks in the news (ap, brr, bwg, emc, epco, ilink, kc, major, pps, sppt, ssi, tpipl, uwc, win) 22.09.15

Stocks in the news (ajd, amata, anan, hpt, maco, synex, tasco, tta, uwc) 15.09.15

AJD
AJD expanding business to online top up machines. It has a three-month target to sell 20,000 machines with sale of 70,000 machines next year. The setup of a JV with YTO Express at Alibaba will finish this month. (Kao Hoon, 15/9/15)
Comment: So they’ll try and compete with FSMART, quite curious to see if AJD can really pull this off, we have major doubts.
AMATA
AMATA expects good news from successful in sell land to Chinese customer. It will book revenue in 3Q15 and realize gain in 4Q15. This will support revenue to hit target even though it sold only 408 rai in 1H15. (Thun Hoon, 15/9/15)
Comment: AMATA vietnam is the last driver left for this stock price
ANAN
ANAN increased revenue target to Bt26.5bn from Bt25.5bn after booking revenue of Bt17bn in the first eight months of 2015. It is confident that revenue will reach the target supported by its backlog Bt34.3bn. It will book revenue in 2H15 of Bt5.7bn. (Kao Hoon, 15/9/15)
Comment: Backlog target, not revenue target
HPT
HPT expects 2015 revenue to be unchanged from 2014, missing its target growth of 10% because it had to shut for furnace maintenance. The new furnace will ready to operate in 4Q15, supporting revenue growth of 20%. It plans to find a new customer at Australia Fair on September 18, 2015. (Kao Hoon, 15/9/15)

Continue reading Stocks in the news (ajd, amata, anan, hpt, maco, synex, tasco, tta, uwc) 15.09.15

Stocks in the news (anan, auct, com7, csl, epg, gfpt, irpc, mtls, oto, ptt, samtel, sat, trc, upa, uwc) 07.09.15

ANAN
ANAN plans to launch Bt9.8bn in new projects which will lift backlog from Bt34.3bn. 4Q15 earnings is expected to be the best this year. It expects 2015 revenue of Bt10-11bn. (Thun Hoon, 07/09/15)
Comment: THB 34 bn of backlog as of end of ’15 seems like they are slightly lagging their plans 

AUCT
AUCT expects 2H15 earnings to be at least 10% higher than 1H15 earnings on the back of unlocking the first-car “silent period” by the Excise Department. It expects auto auctions to rise 20%. It plans to opens three more branches. (Thun Hoon, 07/09/15)
Comment: The stock price had run up yet again b/c of the news that the government will decrease the # of years for the first car purchased scheme

COM7
COM7 expects a gradual growth of 2H15 earnings supported by new products including notebooks and smartphones. It expects to benefit from the launch of iPhone6S in 4Q15. It expects to be selected as a repair center for iPhones. (Khao Hoon, 07/09/15)

CSL
CSL expects to show net profit this year backed by an uptrend in ICT jobs in 2H15. It has budgeted Bt50mn to invest in a data center which is expected to be completed this October. (Khao Hoon, 07/09/15)

Continue reading Stocks in the news (anan, auct, com7, csl, epg, gfpt, irpc, mtls, oto, ptt, samtel, sat, trc, upa, uwc) 07.09.15

Stocks in the news (amata, cpf, css, gcap, ktb, precha, ps, pylon, siam, slp, super, tfd, thai, thani, trc, uwc, wha) 27.08.15

AMATA
Vietnam government has approved AMATA investment in Amata City Long Thanh, valued at US$258mn. It expects this to open in 2017 and attract US$500mn in foreign investment intially. Management expects Chinese companies to set up plants in this industrial estate, with value reaching US$4bn within ten years. (Thun Hoon, 27/08/15)
Comment: Vietnam has a few things going for it in terms of FDI, American guilt from the war, China looking to control its southern “younger” brother, Korea and Japan looking for a cheaper manufacturing base.

CPF
CPF has budgeted Bt10bn for treasure stock of about 5.17% of its shares. It expects 2015 revenue to grow 10% from 2014’s Bt426bn aided by high orders from home and abroad. (Thun Hoon, 27/08/15)
Comment: Boom, another sharebuyback, and why? Simple its holding’s in CPALL effectively mean you’re buying CPF’s business for free

CSS
CSS expects stable growth in 2H15 thanks to the telecom business. It expects 2015 revenue of Bt4.8-5bn (20-25% growth). It has opened new offices and a warehouse, preparing for business expansion. (Khao Hoon, 27/08/15)
Comment: Digital economy beneficiary?

GCAP
GCAP is looking for a business partner, expects to conclude a deal by the end of this year. It expects to get a nano-finance license soon and expects to lend in 2H15. It targets 2015 loans of Bt900mn with revenue close to last year’s Bt186.22mn. (Thun Hoon, 27/08/15)

Continue reading Stocks in the news (amata, cpf, css, gcap, ktb, precha, ps, pylon, siam, slp, super, tfd, thai, thani, trc, uwc, wha) 27.08.15

Stocks in the news (advanc, aira, ajd, anan, bjchi, dcc, epg, gunkul, kbank, kkc, mono, perm, qh, ptt, rs, ticon, tndt, true, uniq, uwc, work) 03.08.15

ADVANC
ADVANC expects to report 2Q15 net profit of Bt9.1bn which will raise 1H15 earnings to Bt19bn. It expects to pay an interim dividend of Bt6.57/share (2.8% yield). It expects to gain benefit from the 4G auction that will be held before the end of this year. (Khao Hoon, 03/08/15)
Comment: Perhaps still the only decent telecom player in Thailand given how DTAC has fallen by the wayside

AIRA
AIRA is talking to prospective partner and targets to have 12 subsidiaries in 2020 from six now to increase its profit growth. It expects to diversify to property business for regular income. It plans to list subsidiary AIRA Propery” next year. It is confident 2017 revenue will grow significantly aided by higher revenue from its subsidiaries. (BangkokBiznews, 03/08/15)
Comment: AIRA is trying its damnest to be a mini financial conglomerate with the securities, lending, leasing, property businesses

AJD
AJD expects to report to the SET today of the signing of an MoU with YTO Express to set up a new company to undertake the logistic business. (Khao Hoon, 03/08/15)

ANAN
Japanese investors are interested in becoming business partners to ANAN in view of its strong fundamentals. It expects 2015 revenue will achieve target of Bt11bn aided by transfers. It plans to invest Bt17.8bn in new projects which is expected to lift its backlog to Bt34bn. (Thun Hoon, 03/08/15)
Comment: I’ve heard about this since last year, naturally the first name should be its existing JV partner

Continue reading Stocks in the news (advanc, aira, ajd, anan, bjchi, dcc, epg, gunkul, kbank, kkc, mono, perm, qh, ptt, rs, ticon, tndt, true, uniq, uwc, work) 03.08.15

Stocks in the news (aq, arrow, bcp, beauty, css, drt, emc, erw, estar, gunkul, kkc, ktb, malee, match, mdx, mill, pjw, samart, sithai, tmb, uwc) 08.07.15

AQ
AQ says AQ Aria Asoke, valued at 1.6bn, sold out within 1 week after launch. It plans to launch new projects focused on single detached houses and townhomes. (Khao Hoon, 08/07/15)
Comment: Location is still the most important part of property regardless of the brand name, AQ has done a decent job getting its projects up and running but still worried re its valuaton

ARROW
ARROW expects 3Q15 earnings to mark a record high with 25% gross margin backed by implementing cost controls and stable materials cost. It expects 2015 revenue to achieve target. It expects to get Bt20mn from selling pipe for underground cable in 3Q15. (Thun Hoon, 08/07/15)
Comment: Arrow has been on such a run for the past few years, we do wonder aloud if they have the necessary capacity to match all the potential projects

BCP
BCP expects 2Q15 earnings to grow aided by refinery margin and stock gain. It targets power plant capacity of 200MW this year. (Khao Hoon, 08/07/15)
Comment: Just like every other industrial related co, they’ll have profits in 2q as a result of stock gains, 3q however now looks to be unfolding the other way

BEAUTY
BEAUTY plans to broaden its market to Indonesia, expected to be clear in 2H15. It expects 2015 revenue to increase 20% thanks to strong demand. (Thun Hoon, 08/07/15)

Continue reading Stocks in the news (aq, arrow, bcp, beauty, css, drt, emc, erw, estar, gunkul, kkc, ktb, malee, match, mdx, mill, pjw, samart, sithai, tmb, uwc) 08.07.15

Stocks in the news (bts, cgs, dcon, ea, egco, ktb, oishi, nch, nusa, pps, sena, tk, top, thcom, tpoly, tvd, ureka, uwc, wha) 06.07.15

BTS
MRTA plans to negotiate with BTS to operator the Green Line (Bearing-Saput Prakan) rather than putting it up for bidding. (Khao Hoon, 06/07/15)
Comment: Well because BTS already operates every other part of the BTS, the question is only down to politics and fee-arrangements now

CGS
CGS acting as financial advisor for Ankor Kasemkam Roongroeng, a company in Cambodia. (ASTV, 06/07/15)

DCON
DCON and partner plan to set subsidiary to invest in Bt3bn 30MW biomass power plant. Management expects this plant to generate revenue of Bt50mn each year. 2Q15 profit is expected to surge backed by property business and double track project. (Thun Hoon, 06/07/15)
Comment: Now thats a positive move for DCON, but the earnings are still based upon its property project for the near term

EA
EA expects electricity capacity to reach 396mn units this year (30% revenue growth), adding a 188MW power plant. A 90MW solar farm at Phitsanulok is expected to be completed this year. (Khao Hoon, 06/07/15)

Continue reading Stocks in the news (bts, cgs, dcon, ea, egco, ktb, oishi, nch, nusa, pps, sena, tk, top, thcom, tpoly, tvd, ureka, uwc, wha) 06.07.15