CCP CCP expects public projects to fill its backlog this year after orders for motorway projects are added to its backlog. It expects to get private projects, which will increase its gross margin to 5%. It expects the Thai-China dual-track project to progress. (Thun Hoon, 08/02/16) ECF ECF expects solar farm ECF-Tamado Energy GK in […]
Read More →ARIP ARIP expects profit to turnaround this year on the back of expansion into digital marketing arena which should generate revenue around Bt10-15mn. It targets 2016 revenue of Bt300mn. It expects to finalize 2 organizer deals abroad in 1Q16. (Thun Hoon, 22/01/16) BIG BIG plans to pay dividend after it has wiped out the negative […]
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 →Power and property strengthen foundation of Thai Polycons SET-listed Thai Polycons Plc (TPOLY) has been in the construction business since 1988 and since diversified into renewable energy and property. President Chainarong Chanpalangsri discusses the company’s strategy and outlook. Please explain Thai Polycons’ history and business model. We started in 1988 initially with 1 million baht in […]
Read More →AGE AGE plans to expand to Vietnam and Cambodia where demand is high. It expects 2016 revenue to grow 10-20% from this year’s Bt4bn. It plans to expand its seaport, which is expected to increase its capacity by 30%. (Thun Hoon, 16/12/15) Comment: The coal industry isn’t going anywhere and AGE is suffering with it […]
Read More →BWG BWG plans to expand waste power plants by 50MW. It targets 100MW within five years. It expects 2016 revenue to be good backed by Bt100-200mn revenue from selling electricity, beginning in 3Q16. It plans to list its subsidiary. (Thun Hoon, 15/12/15) Comment: They do seem to have a lot of momentum behind over the […]
Read More →BKD BKD reported 3Q15 earnings growth of 107%. It expects 2015 revenue to mark new high. It has completed up a roadshow in Hong Kong with CLSA with good feedback. (Khao Hoon, 11/11/15) Comment: I just don’t understand how they were able to grow as well and whether or not it is sustainable. BRR BRR […]
Read More →ANAN ANAN says its backlog is Bt36bn of which Bt6bn is expected to be booked in 4Q15. It plans to launch two condominium projects at Bang Sue and Silom valued at Bt8bn. (Khao Hoon, 14/10/15) AUCT AUCT expects to get 4G auction system project management from NBTC. It expects this to contribute revenue in 4Q15. […]
Read More →AOT AOT expects 2015 net profit of Bt15bn (+22%) backed by growth in low cost airlines and increase of 10mn passengers. (Khao Hoon, 16/09/18) Comment: And the most expensive airline stock in the world continues growing & growing, what capacity issue? BDMS BDMS expects 2H15 earnings to be good on seasonality and more patients from […]
Read More →BBL BBL says its loans grew less than its target of 3% affected by economic slowdown. Credit card spending for the first seven months grew 13-14% from target of 10%. It added 200,000 new credit card members. (Thun Hoon, 20/08/15) Comment: Strange to see BBL finally pushing into the consumer market with its credit cards, […]
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