BR BR expects 2016 revenue growth OF 10-15% supported by recovery in sales in 2H16. It plans to develop a new project to increase its margin. It expects to conclude a JV in Hong Kong in 1-2 months which is a key to expanding to Indonesia. (Thun Hoon, 09/06/16) Comment: Cheap on valuations, so so […]
Read More →ADVANC ADVANC asserts that financials are strong and it has no plan to increase capital. It plans to pay the first license fee payment of Bt8.04bn as scheduled and submit its bank guarantee before June 30. Dividend payout will be 100% of profit. It has budgeted Bt40bn to expand its network. (Kao Hoon, 30/5/16) Comment: […]
Read More →Changes in constituents for the MSCI Global Standard Indexes which will take place as of the close of May 31, 2016. MSCI Thailand: (+2) EGCO, ROBINS (-) […]
Read More →ACC ACC plans to take over a 5.5MW solar farm, valued at Bt320mn. It expects this to contribute Bt33mn net profit/year. It plans to issue warrants at a ratio of 4 shares per warrant. Management says it plans to focus on alternative energy business. (Thun Hoon, 12/01/16) Comment: Thats a fairly decent valuation given that […]
Read More →AH AH expects 2015 revenue of Bt15.3bn with net profit growth of 3% on growth in the automotive sector. It targets revenue of Bt30bn in five years with 10% gross margin. It is talking to partners in India and Europe which is expected to be finalized soon. (ASTV, 10/12/15) Comment: Still don’t see any real […]
Read More →What a week this has been, firstly we started off with rumours in regards to Europe somehow banning Thai businesses and citizens. Where on earth could this have come from? Who would have believed this (a lot of people it seems) But what was the impact? The market suddenly dropped by -1% after the midday […]
Read More →BJC BJC expects its highest ever revenue this year backed by two extra gains. However, this year’s revenue will miss its target of 10% growth. It plans to expand abroad to gain international market revenue of 50% within 3-5 years. (Khao Hoon, 2/12/15) Comment: Broadly the international market revenue is mainly from Vietnam, their latest […]
Read More →Well there was news in the afternoon that some police officers made false claims involving the monarchy to make 5.9 mn baht in personal gain, and that “Samart Telcoms Plc was involved in the installation at the skyscraper.” So as a friend queried, if they drove a toyota, should Toyota’s stock price get dumped too? Source: […]
Read More →AKR AKR is looking for prospective partner to invest in solar power. It plans to ask for a 20MW PPA this year. It expects 2015 revenue to be lower than 2014’s as construction of a solar farm has been delayed. It expects 2016 revenue of Bt3.2bn (+60%). (Thun Hoon, 21/09/15) Comment: AKR has been a […]
Read More →AAV AAV will pay its first ever dividend at Bt0.10/share, XD on September 14, paid on September 29. It expects 3Q15 earnings to be better on the back of recovery in tourists and lower oil price. It plans to open a new route soon. It expects 4Q15 earnings to peak thanks to seasonality. (Thun Hoon, […]
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