Stocks in the news (aav, abc, advanc, arip, delta, epco, epg, gpsc, kkp, lpn, rml, s, scn, scp, thcom, thl, tnp, trc) 12.02.16
AAV
AAV benefits from lower oil prices. It plans to open routes to Luang Prabang and Vientiane in 2Q16. (Khao Hoon, 12/2/16)
Comment: Similar to what was said before, AAV should dominate this entire region for LCC’s regardless of market events.
ABC
ABC expects to turn around this year. It plans to open a luxury condominium with units priced at Bt2.5mn. (Khao Hoon, 12/2/16)
ADVANC
ADVANC plans to invest Bt40mn to expand 3G-4G to cover Thailand. It expects to get 10mn 4G users. (Khao Hoon, 12/2/16)
Comment: Needless to say its going to be an interesting year for this sector.
ARIP
ARIP plans to focus on digital marketing. It targets 2016 revenue of Bt300mn. (Khao Hoon, 12/2/16)
DELTA
DELTA expects to see its highest net profits. It plans to set up a factory in India. (Khao Hoon, 12/2/16)
EPCO
EPCO’s board allows capital increase at subsidiary Eastern Power Group (EP) of Bt750mn. (Khao Hoon, 12/2/16)
EPG
EPG expects to see 2016 revenue of Bt9mn. It plans to use Bt1.25mn to strengthen its business. (Khao Hoon, 12/2/16)
GPSC
GPSC’s 2015 net profit was Bt1.96bn, +20.60% growth. It plans to move to more power generation in Thailand and invest abroad. (Khao Hoon, 12/2/16)
KKP
KKP focuses on SME loans. It expects to see Bt4bn in loans. (Khao Hoon, 12/2/16)
Comment: I still prefer to stay far away from companies like KKP and TISCO, why not just look @ TCAP? Despite it being a larger bank it offers a far better dividend yield with obvious profit growth…
LPN
LPN’s 2015 net profit was Bt2.413mn, +19% growth. It plans to hold a roadshow in Hong Kong. (Khao Hoon, 12/2/16)
Comment: Plus clear visibility for 2016 #’s and they are paying a 4.8% dividend for 2H15 #’s…
RML
Raimond Land to transfer 3 condos worth Bt6.4bn. It plans to hold a roadshow in Hong Kong. (Khao Hoon, 12/2/16)
Comment: I’d wait until this stock drops below 1 before I would even consider it again.
S
Singha Estate targets 2016 revenue of Bt7bn. It plans to invest Bt18bn to invest in a hotel, offices and in land. It announced that that it has 6-7 business deals this year. (Khao Hoon, 12/2/16)
SCN
SCN plans to grow 40%. It expects to get a Bt200mn project that it is bidding for. (Khao Hoon, 12/2/16)
SCP
SCP expects to get government projects that are worth billions. (Khao Hoon, 12/2/16)
Comment: Would be better if the news was clearer with their reporting on this…
THCOM
THCOM’s 2015 profit was Bt2.122bn or +32.5%. It expects to see Bt2.2bn in 2016. (Khao Hoon, 12/2/16)
Comment: And that beat all analyst expectations.
THL
THL plans to do a business restructure. It aims to invest in alternative energy in Myanmar, Laos and Malaysia. (Khao Hoon, 12/2/16)
TNP
TNP aims to grow more than 12%. It plans to add more three branches. (Khao Hoon, 12/2/16)
TRC
TRC got a project worth Bt34bn, raising backlog to Bt40bn. (Khao Hoon, 12/2/16)
Comment: To be clear, they received the construction work in a potash mine where they are one of the shareholders, it was fairly obvious hence why the price has been crushed like the other contractors in Thailand