Stocks in the news (beauty, big, erw, kbank, lh, richy) 02.08.17
BEAUTY
BEAUTY believes 2017 revenue growth would be more than 20%. It plans to continue expanding business abroad and in Thailand. (Khao Hoon, 2/8/17)
Comment: The growth would now be determined on their ability to expand overseas, domestically its seems to have reached “peak beauty” ha…ha…ha….
BIG
BIG to go into the photo printing business. It set up a new company named “Image Solution Plus” to create business convergence. (Khao Hoon, 2/8/17)
Comment: Regardless, as written several times their growth %ages won’t be able to match 2016.
ERW
ERW to do well from strong tourism. It plans to open two new HOP INNs. It expects 2017 revenue to grow 10%. (Thun Hoon, 2/8/17)
Comment: The floods upcountry have impact 1 of their hop inn’s
KBANK
KBANK is waiting to hear from Central Bankruptcy Court about EARTH’s restructuring proposal. It is watching debt negotiations. (Thun Hoon, 2/8/17)
LH
LH guarantees 2017 performance will met the target of Bt34.1, driven by current sales of Bt26bn. Its backlog is now at Bt11.9bn. It plans to open nine projects worth Bt10bn to stimulate 2H17. It says 2Q17 performance will be better on the booking of Bt1.1bn from the sale of assets to a fund. (Thun Hoon, 2/8/17)
RICHY
RICHY has 12 projects and is engaging in heavy promotion to boost sales. It expects sales of more than Bt100mn, pushing 2017 revenue to reach Bt1bn. (Thun Hoon, 2/8/17)