Tag Archives: wave

Stocks in the news (aav, beauty, fsmart, gencho, glow, gunkul, ksl, npp, siri, smpc, solar, tacc, top, tpch, vibha, wave) 15.06.16

AAV
Confident in AAV’s management team — The Srivaddhanaprabha family of duty-free operator King Power has insisted it does not plan to shake up Thai AirAsia nor delist the firm that owns the majority stake in Thailand’s largest budget carrier. (Bangkok Post, 15/6/16)
Comment: Get ready to see more duty free sales on every flight!
 
BEAUTY
BEAUTY plans to expand both at home and abroad. It expects to sign a contract to distribute cosmetics in Hong Kong and Taiwan this year. It expects 2016 revenue to be higher than Bt2.1bn. (Thun Hoon, 15/06/16)
Comment: It’s just impressive what they’ve done
 
FSMART
FSMART says Boon Term Top up machines have reached 77,000. It expects this to boost its 2Q16 performance. It targets 90,000 machines at the end of this year. (Thun Hoon, 15/06/16)
GENCO
GENCO expects 2016 net profit to mark a record high with good performance in all business segments. It expects more clients to bring good 2Q16 earnings. It expects to book revenue from its property business (C Space Bang Yai and B-Live condo). It plans to launch a Bt600mn project in the Ekkamai area. It plans to take over a power business. (Thun Hoon, 15/06/16)
GLOW
GLOW is budgeting Bt3-5bn to invest in an SPP. It expects this to replace the old one for which the PPA will expire in 2018-2021. It plans to invest in the power business at home and abroad. It targets 5,000MW/year. (Thun Hoon, 15/06/16)
Comment: And the dividend machine continues

Continue reading Stocks in the news (aav, beauty, fsmart, gencho, glow, gunkul, ksl, npp, siri, smpc, solar, tacc, top, tpch, vibha, wave) 15.06.16

Stocks in the news (advanc, amata, becl, bmcl, fsmart, beauty, hft, ilink, irpc, lanna, lh, loxley, ml, ple, ptg, ptt, ratch, qh, synex, ttw, wave, work) 25.06.15

ADVANC
ADVANC says 2Q15 profit is expected to grow to Bt9.1bn (+7%), with 1H15 growth of 6% to Bt19bn. It expects to pay interim dividend of Bt6.54/share, higher than last year’s Bt6.04/ share. (Khao Hoon, 25/06/15)
Comment: Analysts have now begun downgrading ADVANC’s potential profit growth for this year and next, but its still a good dividend payer

AMATA
AMATA is confident there is no impact from the drought. It says both its industrial estates have good water management. (Khao Hoon, 25/06/15)

BECL/BMCL
MOT tells EXAT to study the merger between BECL and BMCL to ascertain if it would be against the concession. This will be considered at the board meeting on July 14. (Khao Hoon, 25/06/15)
Comment: We doubt that there would be any negative impact here.

FSMART/BEAUTY
FSMART signed a contract with BEAUTY to invest in E-Commerce. It plans to set up 1,000 coin-operated scales and expects each one to contribute Bt500 per month. (Thun Hoon, 25/06/15)
Comment: Well, depends a lot on the revenue-sharing here.

Continue reading Stocks in the news (advanc, amata, becl, bmcl, fsmart, beauty, hft, ilink, irpc, lanna, lh, loxley, ml, ple, ptg, ptt, ratch, qh, synex, ttw, wave, work) 25.06.15

Stocks in the news (ba, bcp, brock, cpf, eic, gfpt, kkp, lh, mint, snp, mlink, nusa, ocean, pttgc, ratch, scc, uac, uv, wave) 24.04.15

BA
CEO says give BA some time – The Chief Executive Officer of BA, Khun Prasert Prasartong-osoth told shareholders yesterday that the reason the price of BA shares has fallen below IPO price is that it has been listed only six months and needs at least a year to prove itself to investors. Shareholders voted a cash dividend of Bt0.2 per share even though it had been listed only two months at the end of the year, giving investors a good return. (Post Today 24/04/15)
Comment: Well 1) It wasn’t the cheapest IPO 2) All airline stocks were hit hard recently 3) They effectively only feed 1 airport 4) They do have shares in BDMS (formerly BGH) which does argue that the underlying stock could be cheap.

BCP
1Q15 profit to be Bt1.55bn due to the increase refinery margin above US$10. (Khao Hoon 24/04/15)

BROCK
1Q15 earnings should be better than 1Q14’s loss of Bt680bn due to more backlog. The firm expects a 10% growth in revenue in 2015 as a result of an uptrend in the property business. The firm plans to enter into a joint venture with a foreign and listed property company in Thailand to launch a new project, expected to be settled by 4Q15. (Thun Hoon 24/04/15)

CPF
Plans to expand ready-to-eat branches in both Vietnam and India to 1,000-1,200 branches in Vietnam and 500 in India to get in on the economic growth. (Khao Hoon 24/04/15)
Comment: We would love CPF more if it wasn’t an obvious exit strategy for all of CP Group’s private entities.

Continue reading Stocks in the news (ba, bcp, brock, cpf, eic, gfpt, kkp, lh, mint, snp, mlink, nusa, ocean, pttgc, ratch, scc, uac, uv, wave) 24.04.15

Stocks in the news (aav, asp, bcp, ccn, chg, ktc, mill, mint, mjd, mti, pstc, tse, wave, rs, tk, trt, umi) 19.08.14

AAV
AirAsiaGo taps booming middle class – AirAsiaGo, one of Asia’s fast-growing online travel portals, is expediting its expansion in Thailand to catch in on the trend for online travel booking. Yesterday’s announced launch of a US$10mn technology platform, engineered by travel technology giant Expedia, will be instrumental to its aggressive growth plan. (Bangkok Post, 19/08/14)

ASP
ASP says 2014 net profit will exceed its target of Bt670mn after average trading volume for 2H14 to date has surged to more than Bt40bn per day compared to the Bt31bn in 1H14, spurred by resolved political problems which encouraged investment sentiment. (Kao Hoon, 19/08/14)
Comment: Still overall the best broker/investment house in Thailand today

BCP
BCP says 2014 EBITDA will exceed Bt10bn from Bt5bn in 1H14 as oil price in 2H14 is more stable and the company book will revenue from its biodiesel and solar farm projects. (Post Today, 19/08/14)
Comment: The issue arising from BCP is in regards to their latest E&P expansion, not too sure if they’re overpaying.

Continue reading Stocks in the news (aav, asp, bcp, ccn, chg, ktc, mill, mint, mjd, mti, pstc, tse, wave, rs, tk, trt, umi) 19.08.14

Top perfomers in 2013

These were the top 10 performing stocks for 2013, I normally like to do this and see what I missed, why I missed them, should I have missed them?

Its good to kick your own butt everyone once in a while

 top 10 2013

Star (MAI)

Business: The Company is a manufacturer and distributor of sanitaryware products under the trademark of STAR for domestic and export sale.

Thoughts: It had losses for 2012 but a decent 2011, quite happy to have missed this one

ACD (MAI)

Business: The Company is a leading developer, producer, and distributor of sports and entertainment products such as dartboards, pool tables, soccer tables, and fireball tables under Medalist trademark to Japan, Taiwan, and Australia.

Thoughts: Niche business, no scalability, with continuous losses, quite happy to have missed this one

EIC (MAI)

Business: The Company is the manufacturer and distributor of Discrete Semiconductor- Wafer/Dice and Diodes. EIC’s Wafer are both Open Junction Wafer and Glass Passivated Processed Wafer. EIC’s Diodes are included Rectifier Diodes, Zener Diodes, Switching Diodes and Transient Voltage Supressor Diodes.

Thoughts: Ehhh….  Continue reading Top perfomers in 2013