Stocks in the news (samart, chg, lh, sappe, pf, aot, ttcl, itel, sky, cho, sccc) 01.02.19
SAMART set a revenue target of Bt20b for this year, 30-40% rise yoy.
Comment: Seeing is believing
CHG sees higher traffic from fine-dust particles related, sets 10-15% revenue growth target this year, mulls cancer medical center for social security patients.
Comment: Shouldn’t every hospital benefit?
LH’s firm on Bt33b presales target this year, to launch 6 new projects in 1H19 worth Bt16.135b, sees no impact from new LTV.
SAPPE in JV with Danone of France to expand drink biz in Thailand, to increase its stake in All Coco from 40% to 51%.
Comment: When commentators are stating that retailers should perform well leading up to an election, why? And if so do drink co’s such as SAPPE, MALEE, ICHI benefit? If not them, then who?
PF sets Bt27.6b revenue target this year, +45% yoy, 22 projects worth Bt53.3b and Bt21.6b pre-sales, to book Bt1.74b revenue from land sales in 1H19. Also, target 20 new projects worth Bt38.4b, Bt6.8b backlog to realize this year, sets Bt2b budget to add landbank, eyes Bt27.5b revenue target.
AOT’s Chiang Mai airport reports additional landing request topped 100 flights during Feb 1-10, 82 flights from Shanghai, the rest from Nanjing & Jing Tao, adding 14,400 travelers.
Comment: Here comes the boom!
TTCL reaffirms big jumps 4Q from Bt350m gains from disposal of 30.5mw JPN solar for Bt945m, expects to win 1 projects worth Bt7.5b in Jun, sees more to come from Bt46.5b current bidding, target FY19 revenue exceed Bt10b.
ITEL & SKY sign 2 government broadband projects with NBTC combined worth Bt4.65b (Bt2.46b & Bt2.196b).
Comment: This funny little company called SKY, has somehow won projects left right and center in the IT sector…
CHO to deliver 189 NGV buses to BMTA within March, firms on 15% revenue growth target, will bid for 400 hybrid buses and 300 NGV buses worth Bt4b this year.
Comment: And should corruption not deter things – CHO should win the bid
SCCC expects domestic cement demand +3-4% from infra expansion, anticipates wider margins yoy from lower production and transport costs
Post Note: Change of format, why? Time reduction.