Stocks in the news (week 07/06-15/06)
Given I was overseas 2 weeks ago, here’s a full compilation of all the stock related news during the week of 07/06 – 15/06 sans comments as it is just too much to catch up on.
BKD BKD plans to bid for a Bt3bn project, expecting to win 50%. It expects 45% revenue growth this year. It expects to book Bt1bn revenue from Bt2bn backlog. (Thun Hoon, 15/06/15)
CHO BMTA board approved 489 NGV buses project. It expects to sign a contract with CHO this week, although Bestlin Group has complained about unfair bidding. (Khao Hoon, 15/06/15)
CK CK expects to book Bt4.34bn gain from selling Xayaburi shares to CKP in 2Q15. (Khao Hoon, 15/06/15)
IRPC IRPC has joined with Wonderworld Products to launch Trix Track toys in Thailand and in ASEAN. (Thun Hoon, 15/06/15)
JMART/SINGER JMART now holds 24.99% of SINGER shares. It expects to open 50 showrooms in 2H15 and 100 in 2016, raising revenue by Bt150mn and Bt1bn respectively. It expects 10% revenue growth this year. (Khao Hoon, 15/06/15)
KSL KSL expects 2Q15 earnings to drop to Bt463mn in tandem with falling sugar price. 2H15 profit is estimated at Bt856mn. (Khao Hoon, 15/06/15)
LOXLEY LOXLEY targets 15% growth in 2015 revenue backed by expansion at home and abroad. It plans to introduce SME products to China and Hong Kong. (Khao Hoon, 15/06/15)MEGA MEGA is confident it will achieve 10% revenue growth this year although the stutter in the economy has eroded its land sales. 1Q15 sales growth was 5.8% with average growth of health product industry of 5-6%. (Bangkokbiznews, 15/06/15)
MK MK major shareholder Khun Chuan Tangmathitham sold 30% of MK share at Bt7 per share to a new investor. (Khao Hoon, 15/06/15)
PT Foreign investors are interested in buying PT shares via PP as PT has strong fundamentals with high dividend and high ROE. Japanese investors are dealing to do business with PT, expected to be finalized in 2015. 2015 revenue is expected to grow 10-15%. (Thun Hoon, 15/06/15)
SAMCO SAMCO expects revenue of Bt3bn within three years. It expects to sign contracts for two new projects that will increase its backlog to Bt900mn. Management says a JV for a community mall in Khon Kaen is expected to be concluded this year. (Thun Hoon, 15/06/15)
SANKO SANKO expects 2H15 earnings to be good backed by orders from overseas and new clients who are expected to generate Bt10mn in revenue. It targets 2015 revenue of Bt450mn. (Thun Hoon, 15/06/15)
SAWAD SAWAD plans to split par to increase stock liquidity. SAWAD plans to co-operate with 10 franchises to approve nano-finance loans to entrepreneurs valued at Bt500mn (its partner will guarantee 100% of the loans). (Khao Hoon, 15/06/15)
SIM 2Q15 mobile sales are expected to be better than 1Q15, benefitting from cooperation with operators by selling mobile phones as a package deal. It targets 2mn mobile phone sales in 1H15. (Khao Hoon, 15/06/15)
TASCO 2Q15 earnings are expected to surge aided by MOT investment project. It expects a solid growth of bitumen demand locally and abroad. It is confident 2015 earnings will mark a record high. (Thun Hoon, 15/06/15)
TCMC TCMC plans to invest Bt1bn to buy Alston, a UK furniture maker, in an expansion abroad. It expects to book revenue from Alston in 3Q15. (Khao Hoon, 15/06/15)
TIPCO TIPCO expects 1000% 2015 profit growth to Bt1bn backed by an uptrend in the beverage business. (Khao Hoon, 15/06/15)
TK 2Q15 profit is expected to be higher than 2Q14’s Bt928.29 backed by loan growth. Management is confident it will achieve 3% revenue growth this year. (Thun Hoon, 15/06/15)
TPIPL TPIPL expects solid growth in 2Q15 earnings, benefitting from booking power plant revenue. It expects to book profit from the 60MW power plant in 2H15. Cement sales continue to trend up as new projects are launched. (Thun Hoon, 15/06/15)
UREKA 2015 revenue is expected to grow to Bt770mn (100% growth). It expects to show profit backed by agricultural machines with high margin. It expects 50% revenue will come from this product in the next two years. (Khao Hoon, 15/06/15)
AUCT AUCT is confident 2H15 earnings will be better, backed by a turnaround in demand for second-hand cars. It expects 20-40% revenue growth. It plans to expand its business and bid for projects abroad in 2016. (Khao Hoon, 12/06/15)
BTS 1QFY15 profit marked a record high, benefitting from booking extra revenue from selling assets valued at Bt2-3bn. It targets 4-6% passenger growth this year. It budgets Bt1.9bn to invest in other businesses, especially in the property business. (Khao Hoon, 12/06/15)
CHOW CHOW got a construction job for a 30MW Japanese solar power plant which lifts its backlog to Bt5bn. It expects to get more jobs. (Khao Hoon, 12/06/15)
COLOR COLOR expects net profit this year aided by implementing a cost control plan that will lower interest expense. It expects 2Q15 earnings to be better than 1Q15’s. It expects to wipe out retained losses. (Khao Hoon, 12/06/15)
CRANE 2Q15 revenue is expected to be higher than 1Q15’s Bt321mn, benefitting from increasing demand for crane rentals. 2015 revenue is expected to grow 20%, backed by the uptrend of construction. (Thun Hoon, 12/06/15)
CSS CSS expects 2015 revenue of Bt4.8-5bn (+20-25% growth) supported by Bt2.1bn backlog, Bt1.8bn will be booked this year. (Khao Hoon, 12/06/15)
DEMCO DEMCO got a job from Rojana Power worth Bt164mn, 30% of which is expected to be booked this year. Bids for EGAT projects worth Bt780mn are expected to be announced in July. It plans to bid for Bt13bn in jobs in 2H15. It expects to get 15-20% of these, which will increase 2015 revenue to the target of Bt6bn. (Thun Hoon, 12/06/15)
EE EE says it is dealing with a partner to invest in biomass and solar power plant, which it expects to finalize soon. It expects 2016 earnings to surge backed by booking revenue from subsidiary SSUT in 2Q15. It plans to wipe out retained losses of Bt674.68mn. (Thun Hoon, 12/06/15)
GSPC GSPC has signed an MoU with Marybeni-EDEN to invest in a 400MW power plant in Myanmar. COD is expected in 2020. (Khao Hoon, 12/06/15)
IFEC IFEC plans to invest Bt270mn to buy UP shares, raising its stake to 100%. It expects to add a 3MW power plant at Srisaket. It expects to book revenue from UP immediately. (Khao Hoon, 12/06/15)
LPN LPN plans to open “Lumpini MIXX Thepharak – Srinakarin”, valued a Bt1.8bn, for presales on June 14. (Khao Hoon, 12/06/15)
MOONG MOONG expects 10% revenue growth in 2015. It has budgeted Bt50mn to launch a marketing campaign that it expects to increase demand. (Khao Hoon, 12/06/15)
MTLS MTLS expects Bt10mn loans per month in 2H15, with interest rate at 29.5%. It targets Bt16.5bn loans in 2015 (30% growth). It expects to have 1,400 branches to cover every area in Thailand. (Khao Hoon, 12/06/15)
PRIN PRIN has more than Bt2bn in retained earnings. It continues to open new projects. It is confident 2015 revenue will reach its target of Bt3bn. (Thun Hoon, 12/06/15)
STAR Investors are interested in STAR shares. Management says the company does not have a plan to sell its business. It plans to focus on high-margin sanitaryware. It plans to expand into Malaysia. It is confident 2015 performance will show a net profit. (Thun Hoon, 12/06/15)
SUPER SUPER is confident it will announce a net profit in 3Q15 backed by booking revenue from 396MW solar power plant. 4Q15 performance is expected to surge. It expects 2016 revenue of Bt4.25bn and plans to wipe out retained losses. (Khao Hoon, 12/06/15)
TFD TFD is cooperating with its Chinese partner to set up a subsidiary to invest in solar cell production. This is expected to be finalized within a few months. TFD industrial park phase 2 is of interest to foreign investors wishing to set up plants. It expects to sell 300 rai of land valued at Bt2.7bn this year. (Thun Hoon, 12/06/15)
TKT TKT expects robust earnings in 2H15, benefitting from demand recovery, orders from Ford and high margin products. It plans to invest Bt40-50mn to develop its software and build a spray painting garage. (Thun Hoon, 12/06/15)
TLUXE 2015 performance is expected to be better than 2014’s loss of Bt10.66mn. 1Q15 earnings was Bt10.15mn with revenue of Bt3bn. It plans to increase it capacity and set up a new factory. It believes the company will not face liquidity problems. (Thun Hoon, 12/06/15)
AP AP expects good earnings in 2Q15, backed by sales growth from new projects opened in June. (Khao Hoon, 11/06/15)
AQ AQ reported sales of Bt1.3bn for the first five months of the year. It expects 1H15 sales of Bt2bn. It plans to open six new projects worth Bt6bn in the second half of the year. (Khao Hoon, 11/06/15)
BIG BIG expects revenue growth in 2Q15, benefitting from higher demand. It expects 10% revenue growth in this year aided by seasonality in 4Q. (Khao Hoon, 11/06/15)
BRR BRR expects solid revenue growth leading to profit growth of 50% this year, benefitting from revenue from sale of electricity. It plans to invest Bt1bn in a third power plant and expand sugar capacity to 20,000 tons per day. (Thun Hoon, 11/06/15)
CHOW CHOW is budgeting Bt1.5bn for a 25MW solar power plant in the Philippines. It expects this to provide revenue of Bt300mn annually. The investment in Japan is expected to be finalized soon. (Khao Hoon, 11/06/15)
KBANK Management is confident there is no need to increase bad debt reserve in 2Q15. It expects 3-5% loan growth, targets that are higher than GDP growth. The MPC maintained its interest rate at 1.5%. (Khao Hoon, 11/06/15)
LHK LHK expects 5% revenue growth this year, benefitting from auto sector recovery that will increase its orders. It has budgeted Bt50mn to improve machine efficiency. (Khao Hoon, 11/06/15)
PACE PACE plans to list subsidiary D&D (Dean and Deluca) on the US stock market in three years. It has budgeted Bt6-7bn to add 500 branches worldwide over the next 3-5 years. It targets Bt3.3bn revenue from D&D this year. (Khao Hoon, 11/06/15)
PYLON PYLON expects a surge in 2H15 revenue, benefitting from more foundation piles in property and mass transit projects. It expects to get high margin projects that will support 2015 profit. Its backlog is Bt800mn. Management says PYLON expects to trade on the main board in 3Q15. (Thun Hoon, 11/06/15)
RPC An oil and gas company is interested in taking over RPC, offering Bt3/share. Management says RPC is willing to see if the price is right. It plans to invest in the property business because return is better in that business. It expects to launch property projects with a new brand in 2016. (Thun Hoon, 11/06/15)
SAMTEL SAMTEL expects to sign the contract for AOT’s Bt6.4bn project next week. (Khao Hoon, 11/06/15)
SENA SENA plans to invest in alternative energy business. It plans to set up a subsidiary with a US partner to invest in the solar roof business, expecting to sign the MoU in June. It estimates investment at Bt3.6bn for a 30-60MW solar power plant. (Thun Hoon, 11/06/15)
SVI SVI plans to set up a subsidiary in Cambodia to act as an electronic components export base. This location will help reduce labor cost. It expects 2015 revenue of US$260-290mn as targeted backed by booking insurance compensation in 2Q15. (Thun Hoon, 11/06/15)
THCOM THCOM, Kantana Group and InTouch plan to launch what they call “2nd screen” application together as a new venture in the broadband business. (Khao Hoon, 11/06/15)\
TKS TKS got a government project, printing election ballots, which has raised backlog. It expects 2015 profit of Bt374mn. (Khao Hoon, 11/06/15)
UAC UAC expects 2015 revenue to turn around to Bt1.5bn supported by booking revenue from APC. It plans to purchase a company, expecting to conclude the sale in 2H15. (Khao Hoon, 11/06/15)
UV Local and international investors are interested in UV shares with Bt10bn in urban property development. UV expects 50% revenue growth to Bt15bn this year. It believes its business will continue to grow in 2H15. (Thun Hoon, 11/06/15)
VGI 2015 net profit is expected to be better than last year without the low margin ads in department stores. It expects a gross margin of 40% to offset the 12% shrinkage in revenue. It budgets Bt268mn for investment. (Khao Hoon, 11/06/15)
BKD BKD revised up 2015 growth from 20% to 45% as it expects to book Bt1.3bn from backlog. It plans to invest in single house projects valued at Bt3bn. It targets 50% revenue from the property business in five years. (Khao Hoon, 10/06/15)
CENTEL CENTEL expects 1H15 revenue of Bt9bn, benefitting from Chinese tourisst. It plans to invest Bt26bn in its food and hotel business. (Thun Hoon, 10/06/15)
DEMCO DEMCO expects shareholder restructuring of WEH to be finalized by June. (Thun Hoon, 10/06/15)
DRT DRT targets 4% revenue growth this year with better net profit. It budgets Bt100mn to improve its machines. It plans to set up a new plant overseas. (Khao Hoon, 10/06/15)
ECL ECL talking to prospective Japanese partner which it expects to be concluded by 2Q15. It expects robust earnings this year aided by loan growth and interest rate cut. The company is waiting for its nano-finance license from the BoT which it expects in 4Q15. (Thun Hoon, 10/06/15)
GL GL expects its 2Q15 profit to beat, backed by interest rate cuts and booking revenue from its business in Cambodia. It expects to extend Bt8bn in loans this year. It expects net profit this year to be a two-year high. (Thun Hoon, 10/06/15)
JMART JMART expects to have competitive advantage after buying SINGER as this will expand its customer base. It plans to expand upcountry. It believes the smartphone business will turn around in 2H15. (Khao Hoon, 10/06/15)
JSP JSP budgets Bt70mn for Sampeng 2 sales promotion. It expects 2Q15 earnings to grow, benefitting from Bt6bn backlog, with Bt3.5bn in transfers expected this year. (Khao Hoon, 10/06/15)
JUBILE JUBILE to set up “Jubilee Midyear Sale” to encourage sales. It expects 20% revenue growth this year. It plans to open eight outlets in 2H15. (Khao Hoon, 10/06/15)
LDC LDC plans to invest Bt100mn to open 10 new outlets. It expects 2017 revenue of Bt1bn and 40 outlets in total. (Khao Hoon, 10/06/15)
MTLS MTLS says loans in 2Q15 are growing 45%, beating 1Q15’s 35%. It plans to conduct a roadshow in Hong Kong, Singapore, U.K., France and the Netherlands. It expects to start nanofinance in August. (Khao Hoon, 10/06/15)
PAF PAF has restructured into a holding company. Investors offered to buy stock at Bt6-7.4. The company plans to invest in a 20MW power plant, which is expected to add Bt1bn in revenue. It expects 2015 profit of Bt200mn. (Thun Hoon, 10/06/15)
PLAT PLAT expects robust earnings in 2Q15, benefitting from gradual growth of its rental and hotel business. It expects 5% revenue growth in 2015. It plans to invest in a department store and hotel on Samui island. (Thun Hoon, 10/06/15)
PTT PTT expects the government to launch measures to support bio-plastics in Thailand after the BoI introduced measures to help reduce costs. PTT expects Natureworks to set up a second PLA plant in Thailand. (Thun Hoon, 10/06/15)
SIRI SIRI revised up 2Q15 sales target to Bt13bn because customers are interested in its projects, resulting in a surge in sales in the first five months of the year. It plans to open new projects soon. (Khao Hoon, 10/06/15)
STPI STPI expects 2015 profit to mark a record high of Bt3bn, benefitting from US$158mn additional revenue from early completion. It expects to get five new projects worth Bt50-81bn. (Khao Hoon, 10/06/15)
SYNEX 2Q15 profit expected to be better than 1Q15’s Bt5.11bn for SYNEX. It is confident it will achieve 2015 revenue of Bt21bn. It plans to double export growth by setting up a production base overseas. (Thun Hoon, 10/06/15)
TICON TICON is planning with partner Mitsui to invest Bt6bn for construction and purchase land with 5-10% revenue growth in 2015. Mitsui is interested in buying TICON shares. (Khao Hoon, 10/06/15)
TVD TVD has received its life insurance and casualty insurance license and plans to open a call center in 2H15. It expects Bt150mn insurance premiums in 2H15. (Khao Hoon, 10/06/15)
UKEM UKEM is looking for a partner to invest in a new government investment project in 2H15. It targets 2015 revenue of Bt3.76bn with higher net profit, benefitting from cost control implementation. (Thun Hoon, 10/06/15)
WIN Management says WIN plans to invest in rental warehouse backed by raise in demand. It expects to become the number 1 solar roof producer. It plans to set up an REIT and list its subsidiary. (Thun Hoon, 10/06/15)
WHA WHA expects 2Q15 profit to surge, benefitting from booking revenue from HEMRAJ and Bt3bn in extraordinary items. WHA stock is expected to be included in the SET 50. It plans a roadshow in July. (Khao Hoon, 10/06/15)
ACAP ACAP expects to get the three projects for management service, worth Bt60mn. It estimates 2015 revenue will be near to 2014’s. ACD expects to get more jobs in 2H15. After implementing a cost control plan, it expects to show a net profit next year. (Thun Hoon, 09/06/15)
ACD ACD will undergo a capital increase, offering 199mn shares, each with a free warrant at a ratio of 1:1. Payment period is June 8-12. ACD says it plans to use the cash from the capital increase to purchase assets that will raise revenue. (Thun Hoon, 09/06/15)
ANAN ANAN plans to introduce four projects valued at Bt5bn in June. It expects 2015 revenue of Bt26bn. (Khao Hoon, 09/06/15)
BH FTSE reviewed BH stock for inclusion in FTSE SET Index in the second half of the year. BH has been chosen to be included in FTSE SET Large Cap, effective June 22. (Post Today, 09/06/15)
BTS BTS plans to bid for mass transit projects and expects to win the Pink and Yellow lines, valued at Bt110bn. It has cash on hand of more than Bt16bn. It expects 73% earnings growth in 1H16 (Apr-Sep 2015) to Bt5bn, backed by booking extra profit from selling land to U City. (Thun Hoon, 09/06/15)
CSS CSS booked extra profit from selling 50% of its investment in a Japanese power plant. It expects to its request for a 20MW PPA to be cleared soon. CSS is considering investing in a waste power plant. It expects a robust 2Q15 profit and record high 2015 earnings. (Thun Hoon, 09/06/15)
DRT DRT doing well from uptrend for construction sector. It plans to increase exports to Bt650mn. Management says the construction and building materials sector will continue to trend up, aided by government projects. (Thun Hoon, 09/06/15)
KTIS KTIS expects a revenue boost in 2H15, benefitting from the revival of sugar price and booking revenue from selling electricity. Management expects Bt20bn revenue this year. The power plant in Udon Thani that increased capacity to 110MW will start up in June. (Thun Hoon, 09/06/15)
SENA SENA expects earnings growth in 2Q15. It targets 2015 revenue of Bt3bn and plans to open seven projects valued at Bt8bn in 2H15. (Khao Hoon, 09/06/15) SOLAR SOLAR budgets Bt750mn to raise solar power plant capacity from 70MW to 200MW. It believes it has competitive advantage in terms of quality of solar cells, after-sales service and its 25-year guarantee. (Khao Hoon, 09/06/15)
STPI STPI expects to bid for Bt500bn in international jobs, expecting to get Bt50bn. 2Q15 revenue is estimated at Bt4bn. It targets 2015 revenue of Bt12bn. (Khao Hoon, 09/06/15)
SUPER SUPER is confident it will get PPAs for 2000MW within three years, recently adding 19MW. It has budgeted Bt30bn to invest in solar power plant with a partner. It expects to sell 500MW this year. (Khao Hoon, 09/06/15)
TOG TOG plans to purchase a company to increase competitive advantage. It expects gradual growth in earnings this year. It says 2Q15 is a good quarter, with high season leading to more orders. (Khao Hoon, 09/06/15)
TRU TRU cuts 2015 revenue growth to 5% based on the uncertainty of auto sector recovery. It expects a fall in 2Q15 earnings, since this is generally a low season. (Khao Hoon, 09/06/15)
UAC UAC ready to invest in solar-waste-biomass power plant as per MOE policy. 2Q15 profit is expected to climb, aided by recognize revenue from APC. It plans to increase capacity as orders are rising. It targets 2015 revenue of Bt1.5bn. (Thun Hoon, 09/06/15)
VTE 84mn VTE shares to be sold to investors and family via PP priced at Bt2.72 to bring in a total of Bt228.48mn, paid on June 24. The shares have a one-year silent period. (Post Today, 09/06/15)
APURE APURE expects 2Q15 earnings will be better than 1Q15’s, benefitting from the baht depreciation. 2015 revenue is expected to grow 10%. Foreign investors are interested in APURE stock. (Thun Hoon, 07/06/15)
BTS BTS ask permission from MOT to invest in double track rail in the amount of Bt70bn. BTS plans to offer area development at km.11. It plans to meet on June 25. (Khao Hoon, 07/06/15)
DCON DCON and three partners plan to invest in 10-12MW biomass power plant, worth Bt600-800mn. The investment plan is in process (asking for PPA) and is expected to be finalized in 2Q15. The company is interested in investing in dual track railway. (Thun Hoon, 07/06/15)
EASON Management confirms gradual growth in 2015 revenue aided by cost control and increasing exports. It targets revenue portion from exports to grow to 23-25% from 20%. (Thun Hoon, 07/06/15)
FER FER signs MoU with China Western, a Chinese energy company in the top ten in China, to invest in an alternative energy power plant. (Khao Hoon, 07/06/15)
GENCO GENCO expects to book revenue from the 13MW power plant in Phuket in 3Q15. Management says it plans to buy solar and waste power plants and is restructuring its business.It plans to list its subsidiary in 3Q15. Its profit is expected to be mark a record high in 3Q15,backed by revenue from electricity and property. (Thun Hoon, 07/06/15)
GPSC GPSC expects 2015 revenue will be better than 2014’s with 1315MW of capacity. It plans to do an M&A with 2-3 local and international firms. (Khao Hoon, 07/06/15)
JMART Board approves taking SINGER shareholding – JMART management says its board approved the purchase of 67.49mn SINGER shares from Singer (Thailand) B.V. for Bt14/share, giving it a holding of 24.99%. (Khao Hoon, 07/06/15)
KCM KCM expects to get a Bt200mn job, which is expected to be finalized this year. It is looking for partners to invest Bt500mn into warehouses for rent in Khon Kaen. (Thun Hoon, 07/06/15)
LIT LIT says it expects good 2H15 earnings, aided by government projects which are expected to launch in 3Q15-4Q15. It expects higher earnings in 2Q15 than in 1Q15, backed by client base expansion. It expects 30% growth in loans. (Thun Hoon, 07/06/15)
MILL MILL expects profit to rise after signing MOU with Kobe Steel. It expects to start operations in 3Q15. It expects to book Bt5bn this year. The plan for buying a solar power plant is expected to be concluded this quarter. (Thun Hoon, 07/06/15)
NCH NCH expects 2015 revenue of Bt3.4bn. It plans to open four new projects in 3Q15 worth Bt2.5bn. It is confident the property sector will grow 5% this year. (Khao Hoon, 07/06/15)
SAT SAT targets 5% growth in 2015 revenue as vehicle production recovers to 2mn units. It expects to get orders for new components for agricultural machines and this will increase its revenue. (Khao Hoon, 07/06/15)
SEAFCO SEAFCO expects gradual rise in earnings in 2Q15, backed by booking revenue from Bt500mn in backlog. It targets 15% revenue growth this year. (Khao Hoon, 07/06/15)
SGP SGP plans to expand overseas. It will sign an LPG selling contract with a partner in Myanmar. Management expects 2Q15 earnings and revenue to surge. (Thun Hoon, 07/06/15)
SUPER SUPER signs contract with EGAT for sale of electricity from 19.9MW power plants, adding to the first phase of 131MW. It expects to ask for 251MW more this July in order to achieve 500MW as targeted. (Khao Hoon, 07/06/15)
TKT TKT expects to get Bt200mn job from Ecocar phase 2. This will increase backlog from Bt1.4bn. 2015 revenue is expected to be higher than Bt1.4bn backed by customer base changes. It has budgeted Bt40mn to increase capacity. (Thun Hoon, 07/06/15)
UMI UMI is confident 2Q15 earnings will show growth, backed by increasing customers, especially clients in the property sector. It expects 10% growth in 2015 revenue. The company plans to expand overseas. (Thun Hoon, 07/06/15)