Stocks in the news (aot, aqua, bigc, bjc, ccn, earth, ifec, ihl, maco, mtls, pttgc, qtc, singer, siri, smt, tsr, uv, xo) 26.04.16
AOT
AOT expects 2QFY16 earnings to peak backed by 197,913 flights (+9.4%) and 32.3mn passengers. It expects 389,272 flights in 1HFY16 (10.6% growth) and 61.2mn passengers. (Khao Hoon, 26/04/16)
Comment: It’s just incredible, time to start a pool on when passengers hit 100 mn
AQUA
AQUA will pay dividend of 100% of profit with Bt900mn cash on hand. It plans to list its subsidiary (TCDC) by 3Q16. (Khao Hoon, 26/04/16)
Comment: I don’t know much about this business other than it being similar to MACO, but spin off’s are typically well-received by the retail market
BIGC
BIGC has received the disclosure of additional information on the tender offer for the company’s securities from BJC Retail Holding Company Limited, BJC Supercenter Company Limited and Samphunsamer Company Limited, collectively the “Offerors”. (SET, 22/04/16)
CCN
CCN has backlog of Bt100mn on telecommunication projects, expects to book in this year. It expects to get more projects from Thailand post after it got Bt300mn. (Thun Hoon, 26/04/16)
EARTH
EARTH will pay a dividend of Bt0.1/share. It expects 2016 revenue to grow not less than 10% by focusing on acquiring new customers at home and abroad. (Thun Hoon, 26/04/16)
IFEC
IFEC plans to cooperate with RML to launch high-end property (6-star hotels, condo, and luxury SDH), valued at Bt5bn in Chiang Mai. It plans to take Dhara Dhevi out from rehabilitation in May. (Khao Hoon, 26/04/16)
Comment: Wait what?!
IHL
IHL expects 2016 revenue growth of not less than 10% aided by marketing campaigns by automakers. It achieved a 85-90% market share for Japanese cars. It plans to open new plants in June that will increase revenue. (Thun Hoon, 26/04/16)
MACO
MACO expects sustainable growth after VGI has taken a higher stake. It plans to expand ad area by 20,000sqm in this year. It is considering investing in CLMV+I. (Khao Hoon, 26/04/16)
MTLS
MTLS will pay a dividend of Bt0.2/share, payment on May 13. It expects revenue, net profit, and loans to grow to meet targets backed by high demand for loans in the provinces. It expects NPLs to be manageable and not require extra provisions. (Thun Hoon, 26/04/16)
PTTGC
PTTGC is looking for a partner to invest in a petro complex in US by the end of this year. It expects initial investment of US$5.7bn. (Thun Hoon, 26/04/16)
QTC
QTC plans to invest in alternative energy. It is studying solar power plants in Japan, valued at Bt3.96bn. (DBBNews, 26/04/16)
SINGER
SINGER expects to benefit from high temperature as it launches new products. It expects this to increase sales in March by 30%. It plans to open 14 SG Power and also offer other brands. It expects 2016 revenue to grow 10%. (Khao Hoon, 26/04/16)
SIRI
SIRI says 98 Wireless condo has recorded presales of Bt2.8bn (40% of total) with average selling price of Bt550,000/sqm. (Khao Hoon, 26/04/16)
SMT
SMT expects to show net profit in 1Q16 after its business restructuring. It plans to focus on high-margin products. It plans to wipe out Bt97mn retained earnings losses in 2Q16. (DBBNews, 26/04/16)
TSR
TSR expects 2016 revenue to reach Bt2bn (30% growth) thanks to large orders. It plans to invest in ASEAN, expects a decision to be made by 2Q16. (Khao Hoon, 26/04/16)
Comment: We do wonder why the capital increase even though they have an incredibly clean b/s
UV
UV expects 2016 revenue to mark a record high after 1Q16 revenue achieved its target. Its backlog is Bt3bn. (Post Today, 26/04/16)
Comment: And the GVREIT as well.
XO
XO expects 1Q16 earnings to be good on the back of many orders. It expects its new plant to be completed within 3Q16, doubling capacity. It expects 2016 revenue to grow 15% as targeted. (Thun Hoon, 26/04/16)
TONY
Hi Pon.
I own PTTGC. Now I am in the process (due diligence) of either adding more PTTGC or PTT shares to my portfolio. In your opinion; for long-term holding, which stock is more attractive relative to its underlying value? Thanks for any comment.
Pon
Hi Tony,
You know what I’m going to say…no comment I don’t like to give out investment reco’s…
TONY
Hi Pon.
I understand, and thanks for your comment. I’ll try to be more careful in the future on the way I post. I was just being lazy.