AOT says 2015 passengers grew 21.94% to 106.79mn on the back of 47.75% passenger growth in Don Mueng Airport because of growth of low cost airlines. (Khao Hoon, 20/10/15)
Comment: Continued amazing passenger growth numbers by AOT.
APCS expects to get Bt100mn orders from Japan. It expects to show a net profit for nine months performance after it had a net loss of Bt2.37mn for the first half of this year. It expects performance to turn around. It plans to broaden its customer base at home and abroad. It is looking for partner to invest in new products. (Thun Hoon, 20/10/15)

AQ’s board has approved taking shares in of Golden Technology Industrial Co.,Ltd. It will manage 4,300 rai of land valued at Bt13.5bn. It is confident it can repay total debt to KTB. It plans to negotiate with KTB to restructure the debt. (Khao Hoon, 20/10/15)

Comment: Well that’s rather strange given that the company is short on cash.

CPALL expects 3Q15 net profit of Bt3bn, lifted by higher sales of ready-to-eat foods and its stamp marketing campaign. It expects 2015 revenue to grow 30%. (Thun Hoon, 20/10/15)
Comment: It’s stamp campaign was an amazing success, with zero cost to CPALL and all the costs passed down to the suppliers.

CTW expects 2016 revenue to be good backed by private and public investment such as rapid transit, 4G, moving above-ground cables underground and the government’s “digital economy”. It expects this to increase demand for electric wire, cable, and fiber optics. (Thun Hoon, 20/10/15)

DTAC reported 3Q15 revenue of Bt19.7bn with Bt1.2bn in net profit. It will pay an interim dividend of Bt0.72/share. (Thun Hoon, 20/10/15)

Comment: Decent #’s but they realise that it isn’t worth chasing customers today with 4G on the horizon and the need to conserve cash.

EMC is ready to bid for both public and private projects. It expects to sign a Bt2bn contract for system integration in MRT in 4Q15. It expects 4Q15 earnings to be good on the back of huge projects. It expects 2016 revenue to achieve target of Bt10bn. (Thun Hoon, 20/10/15)

Comment: Best to stay away from this company.

HMPRO expects 3Q15 net profit of Bt786mn thanks to government stimulus measures that are increasing consumer confidence plus demand for repairing residences. (Khao Hoon, 20/10/15)

JWD expects growth in 3Q15 earnings on the back of warehouse expansion. It expects its Ecommerce investment plan to be concluded by this year. It plans to set up an REIT in 1Q16. (Khao Hoon, 20/10/15)

PACE expects 2016 revenue to turn around backed by transfers of Mahanakorn project. It plans to launch a new project valued at Bt4bn which will raise its backlog from Bt14bn. It expects to benefit from property incentives. (Thun Hoon, 20/10/15)

Comment: Post the transfer of Mahanakorn you’ll see PACE’s EPS #’s take a nosedive not too dissimilar from RML back in the day.

PSTC is talking to prospective partner to invest in alternative energy. It expects the deal to be finalized in 4Q15. It targets 100MW of wind power, 50MW of biomass and 50MW of biochemical. It expects 2015 revenue growth to achieve its target of 15-20%. (Thun Hoon, 20/10/15)

S expects 2015 revenue of Bt3bn, missing its target because of the economic slowdown. Hotel and office for rent businesses are still good. It has done a JV with FICO to purchase 26 hotels in the UK. It expects this to contribute Bt400-500mn/year. It expects to show a net profit next year. (Khao Hoon, 20/10/15)

Comment: Tomorrow they’ll announce a PP

SAWAD expects 3Q15 earnings to mark a record high at Bt320mn. It expects 3Q15 net profit to grow not less than 50% compared to last year. (Khao Hoon, 20/10/15)
Comment: SAWAD and MTLS continue to grow very strongly.

SIRI has Bt9bn in housing ready to transfer for property incentives. It expects this measure to expand the residential market in 4Q15. It expects 2015 revenue of Bt35bn. (Khao Hoon, 20/10/15)

SMM expects 4Q15 earnings to be peak backed by ad revenue. It targets 2015 revenue growth of 15% from 2014’s Bt697.4mn aided by expansion in television and radio. It is looking for new content to increase its revenue. (Thun Hoon, 20/10/15)

STPI maintains 2015 revenue target of Bt11-12bn after achieving Bt7.68bn in the first half of the year. It expects to sign contracts for Bt40mn in projects this month. It plans to bid for five projects valued at Bt250bn. (Thun Hoon, 20/10/15)

TPOLY’s board has approved selling 37.5mn TPCH shares or 9.35%, Bt16.4/share. It expects to use this cash (Bt615mn) to repay debt and expand. (Khao Hoon, 20/10/15)
Comment: We do wonder aloud who are the buyers and are asking if we can have some.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.