Tag Archives: wiik

Stocks in the news (age, aot, ba, bem, cpf, ea, gunkul, intuch, itel, jubile, kce, lph, ndr, ptt, sena, skr, thai, tpbi, tu, wiik) 15.08.16

AGE
AGE expects 2H16 to be good. It plans to do a marketing campaign in ASEAN. It is confident that 2016 sales will reach the target of 2.2mn tons. It reported 2Q16 net profit of Bt29mn, up 4% YoY and total revenue over Bt1bn. (Thun Hoon, 15/08/16)
AOT
AOT reported 3QFY16 profit of Bt5.06bn, growing 24% supported by a 20.62% growth in lowcost airline passengers and total passenger growth of 11.08%. It passed more than 90mn passengers through its gates in the nine months and profit was Bt15bn. (Kao Hoon, 15/08/16)
Comment: The bombing over the weekend isn’t going to help matters in the ST, but unless there are continued incidents in Thailand I doubt that there’ll be a permanent impact over the med-long term
 
BA
BA expects 2H16 to be better than 1H16 due to high season. It plans to open two new routes to increase Chinese passengers. It has budgeted Bt1bn to expand Samui Airport to support 6mn passengers per year. It reported 1H16 earnings of Bt1.46bn or growth of 12.5%. (Thun Hoon, 15/0 8/16)
BEM
BEM reported 1H16 earnings growth of 12.3% to over Bt1.2bn and expects 2H16 to continue to grow. It will bid for a new job and plans to list its subsidiary soon. (Thun Hoon, 15/08/16)
CPF
CPF reported 2Q16 net profit of Bt4.02bn or growth of 35%, with 1H16 net profit of Bt7.78bn supported by more sales, both domestic and export. It will pay an interim dividend of Bt0.50/share, XD on Aug 23. (Kao Hoon, 15/08/16)
EA
EA reported 2Q16 net profit of Bt992mn or growth of 33%, due to booking revenue from its solar farm in Phitsanulok. It will COD 126MW a wind power plant at the end of this year. (Kao Hoon, 15/08/16)
GUNKUL
GUNKUL reported 1H16 net profit of Bt315.94mn, up 42.62% from Bt221.53mn in 1H15. It expects demand to increase and will continue to expand business to support earnings growth. (Thun Hoon, 15/08/16)
Comment: Similar to most renewable players, GUNKUL’s growth is relatively straightfwd to forecast for the next few years. The jumps in revenues will come from new projects

Continue reading Stocks in the news (age, aot, ba, bem, cpf, ea, gunkul, intuch, itel, jubile, kce, lph, ndr, ptt, sena, skr, thai, tpbi, tu, wiik) 15.08.16

Stocks in the news (aav, cwt, eforl, hmpro, kbank, kiat, maco, ori, planb, ptt, stec, tfd, wiik, win) 31.03.16

AAV
AAV sets 2016 passenger target of more than 16.9mn passengers from 14.8mn. In THE first two months, the number of passengers grew 20%. It has budgeted Bt500mn to buy five planes and for oil price hedging. (Kao Hoon, 31/03/16)
Comment: Without a doubt they are the #1 airline carrier in town. 
CWT
CWT increases revenue target growth to Bt1.7bn supported by wood export business. It expects to get a new customer in the automotive business to increase its backlog by Bt1.5bn. (Thun Hoon, 31/03/16)
EFORL
EFORL reports subsidiary “Siam Snail” plans to open the first snail eco farm in Asia after completing a study. (Thun Hoon, 31/03/16)
Comment: I have no idea how this will add value to its business…a most rather curious case of diversification
HMPRO
HMPRO expects profit in 1Q16 of Bt819mn or growth of 12% supported by positive SSS growth, new stores and profit at the Mega Home format. (Kao Hoon, 31/03/16)

Continue reading Stocks in the news (aav, cwt, eforl, hmpro, kbank, kiat, maco, ori, planb, ptt, stec, tfd, wiik, win) 31.03.16

Stocks in the news (advanc, bkd, gold, iec, nok, scn, sena, svi, tfg, uv, wiik, xo) 15.03.16

ADVANC
ADVANC asking for injunction from the Central Administrative Court to allow its customers to continue using 900MHz if JAS does not make its license fee payment. Its 2G-900 service will cut off at midnight tonight, the NBTC said. (Khao Hoon, 15/03/16)
Comment: And the drama continues….we are all rather curious as to how 1q looks for these telco’s

BKD
BKD’s capital increase shares of 146mn will trade today. Institutional investors are interested in its shares because of its strong financial position with Bt1bn cash on hand. It plans to take part in Bt3bn in bids, with bid winners expected to be announced in mid-2016. It expects this to bump up 2016 revenue growth by 20%. (Khao Hoon, 15/03/16)

GOLD
GOLD plans to expand its business to condominiums. It expects 1H16 sales to reach Bt7bn (30% growth) compared to 1H15’s Bt5.4bn, thanks to high demand generated by tax incentives. It is confident 2016 revenue will hit Bt10bn as targeted. (Thun Hoon, 15/03/16)
Comment: I do wonder if this competes against UV’s condo business via Grand Unity

IEC
IEC’s board has approved increasing capital by 73,639mn shares, to be offered as a PP of 32,960 mn shares with 40,679mn shares for the exercise of its warrants. Its board also approved investing in new plants. (Khao Hoon, 15/03/16)
Comment: So which new shareholder is going to punt IEC?

KTB
KTB expects 2016 revenue to grow 15-20% as targeted by focusing on money market and capital market clients. It will be an underwriter for Bt30bn in debentures in 1H16. It expects 2016 debentures will reach Bt80bn. (Khao Hoon, 15/03/16)
Comment: That is quite the aggressive target for a bank, unless they feel that they can really grow their non-interest income business – perhaps from the government projects, then I don’t see this possibly happening..

Continue reading Stocks in the news (advanc, bkd, gold, iec, nok, scn, sena, svi, tfg, uv, wiik, xo) 15.03.16

Stocks in the news (anan, bcp, ci, cpf, delta, eastw, ecf, epg, hft, k, mtls, pttgc, siam, stpi, tfg, tsth, twpc, wice, wiik) 02.02.16

ANAN
ANAN expects Bt1.8bn cash from transfer of Ideo Mobi Wongsawang Interchange in 3Q16. It expects this to lift 2016 revenue to its target of Bt15bn. (Thun Hoon, 02/02/16)
Comment: Well that’s only a 50% increase in revenue this year..

BCP
BCP has budgeted Bt2.92bn to acquire a 198MW Japan solar power plant. It expects to list its subsidiary by 2016 after its capacity has achieved 410MW. (Thun Hoon, 02/02/16)
Comment: It’s interesting to see that they are acquiring SunEdison Japan…hopefully it won’t be a mess like its recent oil acquisition (pre price drop..)

CI
CI plans to set up a Bt1.4bn REIT. It targets 2016 revenue to grow 15% from last year. (Thun Hoon, 02/02/16)
Comment: Hence why they’ve been engaging in share buybacks

CPF
CPF expects 4Q15 net profit of Bt1.66bn (+106%) aided by Bt1.06bn extra gain from selling CPALL shares, bringing 2015 earnings to Bt11.17bn (5% growth). It expects to pay a dividend of Bt0.45/share. (Khao Hoon, 02/02/16)
Comment: Ohhhh again trading CPALL’s shares has given them a profit!

Continue reading Stocks in the news (anan, bcp, ci, cpf, delta, eastw, ecf, epg, hft, k, mtls, pttgc, siam, stpi, tfg, tsth, twpc, wice, wiik) 02.02.16

Stocks in the news (age, bbl, bkd, csp, dcon, drt, htech, j, mc, spcg, synex, thai, tmt, top, true, ureka, wiik) 18.01.16

AGE
AGE expects to become a holding company engaged in the property business. It expects a return of at least 15%. It plans to export coal to Vietnam, which will increase revenue by 5-10%. It expects 4Q15 earnings to be good. It plans to implement cost control to increase profit. (Thun Hoon, 18/01/16)
Comment: A holding company engaged in property? Wait a minute, they are a coal company! Well better to switch now before its too late i suppose.

BBL
BBL revises up GDP growth to 3.5-4% from 3-3.5% driven by stimulus measures. It targets loans growth of 3.5%. (Thun Hoon, 18/01/16)
Comment: Don’t banks traditionally grow at 2x GDP?

BKD
BKD got a Bt300mn project, decorating Lotte and Marriot hotels. It plans to take part in Bt2bn bids. It targets 2016 revenue and net profit growth of 20%. (Khao Hoon, 18/01/16)

CSP
CSP targets steel sales of 150,000 tons driven by economic recovery. It expects to show net profit in 1Q16 after focusing on valued added products. (Khao Hoon, 18/01/16)

Continue reading Stocks in the news (age, bbl, bkd, csp, dcon, drt, htech, j, mc, spcg, synex, thai, tmt, top, true, ureka, wiik) 18.01.16

Stocks in the news (abc, bcp, beauty, bla, cho, ck, css, epco, irpc, ldc, mpg, pca, psl, pttgc, rcl, siri, star, thcom, trubb, tsr, wiik) 26.05.15

ABC
ABC expects to report net profit in 3Q15 after a loss of Bt32mn, with revenue of Bt3bn. It plans to expand to E-commerce by launching an application with a credit card point redemption campaign. (Khao Hoon, 26/05/15)
Comment: I still have extreme doubts on ABC’s business, perhaps they’ll allow us to redeem credit card points to purchase the property projects they are also planning on doing?

BCP
BCP expects to book inventory gain in 2Q15 with 2015 EBITDA of Bt10.4bn. The company has scheduled a meeting with shareholders about selecting board members from the Vayupak Fund and SSO. (Khao Hoon, 26/05/15)

BEAUTY
2Q15 earnings to be better than 1Q14’s Bt308mn backed by increasing orders that will raise revenue to Bt1.7bn. Management says the company plans to expand into Indonesia. (Thun Hoon, 26/05/15)
Comment: Indonesia…not the easiest market in the world for beauty products. But retail punters love to hear this!

BLA
Management expects 2Q15 earnings of Bt16bn, third in the insurance business. (Khao Hoon, 26/05/15)

Continue reading Stocks in the news (abc, bcp, beauty, bla, cho, ck, css, epco, irpc, ldc, mpg, pca, psl, pttgc, rcl, siri, star, thcom, trubb, tsr, wiik) 26.05.15

Stocks in the news (akr, amata, cei, cho, cpn, egco, hotpot, ktb, nncl, pf, pttep, sappe, siri, sorkon, spali, spcg, ttcl, wha, wiik) 22.05.15

AKR
2Q15 earnings expected to outperform. AKR will sign a contract for an electric transformer project worth Bt100mn with EGAT next week. The company is preparing for upcoming bids, expecting to win 10-15% of the Bt4bn up for bids. It plans to invest Bt1.2bn in a solar power plant. (Thun Hoon, 22/05/15)
Comment: Perhaps with the investments into solar power plants will AKR finally have some real value within the company

AMATA
2015 net profit will be better than 2014’s Bt2.224bn, supported by two factors: booking extra gain from selling assets to AMATA Summit Growth REIT and booking profit from the IPO of its subsidiary Amata VN, scheduled to be listed in 4Q15. (Khao Hoon, 22/05/15)
Comment: As we’ve been writing the past 12 months, these are the only 2 reasons to be holding AMATA at the moment

CEI
Performance will turn around in 2016. It plans to set up a JV to invest in an 8MW solar power plant and expects the deal to be finalized in July. It plans to invest in Phase2 and 3 of a solar roof project. Funding for investment is not a problem because assets for sale worth Bt800mn. (Thun Hoon, 22/05/15)

CHO
CHO wins bid for 489-bus NGV project worth Bt4bn with a ten-year contract. It expects to sign the contract in May. (Khao Hoon, 22/05/15)
Comment: CHO does have an interesting business model in their manufacturing of truck bodies and trailers.

Continue reading Stocks in the news (akr, amata, cei, cho, cpn, egco, hotpot, ktb, nncl, pf, pttep, sappe, siri, sorkon, spali, spcg, ttcl, wha, wiik) 22.05.15