ABC plans to do M&A and acquisition. It is talking to acquire two property projects and expects the deal for one to be concluded this year. It plans to launch the Bt2.5bn ABC Residential condo. It plans to introduce a new service “E-Payment” in December. (Khao Hoon, 23/11/15)
Comment: We are still confused about this company’s business model, eservices, property, renewable energy?!
COM7 expects 2015 revenue to be an 18-year high. It expects 4Q15 revenue to be not less than Bt4bn thanks to 4G. It expects to finish its 2016 business plan in December. (Thun Hoon, 23/11/15)
Comment: And iphone sales of course
CSP is talking to prospective partners to take part in mega project. It expects talks to be concluded at the beginning of next year. It expects 2016 revenue to turn around, backed by Bt100-200mn in exports to Myanmar. (Thun Hoon, 23/11/15)
CTW expects 2016 to grow because it plans to expand its business by doing a JV between its subsidiary and a management system company. It expects to be a major systems management company for ADVANC, DTAC, and TRUE. It expects to get many projects from both the public and private sectors. It expects to get an MRT project from ITD. (Thun Hoon, 23/11/15)
DCORP expects to conclude a deal with a US partner to supply solar cells this month. It expects this to contribute Bt100mn revenue/year. It expects to show net profit in 2016.It plans to invest in a hydropower plant in Laos. It expects to get PPA for a solar cooperative unit in December. (Thun Hoon,23/11/15)
FORTH is talking to a prospective partner to invest in the telecoms business in 2016. It expects this to increase net profit growth to 15-20% from this year’s Bt500mn. (Thun Hoon, 23/11/15)
Comment: Again the major strength of this group is it’s sub business, FSMART.
IEC expects startup of a 5.8MW biomass power plant in Kamphaeng Phet and 10.6MW biomass power plant in Suphan Buri by 1Q16 and 2017 respectively. It has budgeted Bt301mn to acquire two biomass power plants in Songkhla and Rayong. (Khao Hoon, 23/11/15)
Comment: The history of this stock is interesting, one that has been manipulated over and over again over the past decade. Trade/invest it at your own risk.
KTC plans to focus on its credit card business next year. It targets 2016 revenue growth of 15%. It believes performance bottomed out in 3Q15. (Khao Hoon, 23/11/15)
Comment: Their revenue growth has never been outstanding, the key driver here WAS the operational turnaround. We have our doubts that they’ll be able to win major market share in the competitive Bangkok environment.
LPH plans to open five “Excellence” centers which are expected to boost 4Q15 revenue growth to 15-20%. It targets 2015 revenue to grow 15%. (Khao Hoon, 23/11/15)
M expects 2015 revenue growth to achieve target of 10% backed by seasonality in 4Q15. It opened London Street Community Food Mall which it expects to boost revenue. (Thun Hoon, 23/11/15)
MTLS says local and foreign investors are interesting in MTLS shares. It plans to hold a roadshow in Hong Kong, Malaysia, and Singapore. It targets to achieve 1,750 branches in 2017. Its loan portfolio grew 50%. (Khao Hoon, 23/11/15)
Comment: How much would you pay for 50% a year growth? PE 50x? 60x? 70x? That’s the only question.
NCL got Bt50mn orders from TPIPL. It expects to get logistics projects at home, with the deal to be concluded by December. It targets 2016 revenue growth of 20-30% from 2015’s Bt1bn. It expects to show net profit in 1H16. (Thun Hoon, 23/11/15)
PMTA acquired exclusive distributorship for Solvay’s innovative fertilizer. It targets 2016 sales of 15,000 tons by focusing on Laos, Cambodia, and Africa. (Khao Hoon, 23/11/15)
PTTEP expects 4Q15 earnings to be better than 3Q15 because of no impairment and increase in petroleum sales to 328,000bpd (+3%YoY). It has budgeted Bt2bn for investment. It expects average oil price of US$60/barrel. (Thun Hoon, 23/11/15)
TKS has bought 32% of TBSP shares, raising its stake to 51.89%. It expects this to increase its printing business. (Khao Hoon, 23/11/15)
TTCL expects revenue to grow 10% this year and next. It estimates 2015 backlog at Bt30bn, of which 50-60% is expected to be booked next year. It is taking part in Bt70bn in bids for which winners are expected to be announced next year. It says the coal-fired power plant in Myanmar is ready to start up. (Thun Hoon, 23/11/15)