ADVANC reported 2Q15 net profit of Bt9.8bn (16% growth) backed by higher service revenue and mobile phone sales. It will pay a dividend of Bt6.5/share, XD on Aug 11. It revised down 2015 target growth from 3-4% to 3%. (Khao Hoon, 04/08/15)

AJD is talking to prospective Chinese partner (Alibaba) to invest in logistics and Ecommerce in Thailand. It is considering an alternative for this JV such as capital increase via PP, or setting up a subsidiary. It expects conclusion by the end of this year. (Thun Hoon, 04/08/15)
Comment: I have my doubts that Alibaba would partner with AJD

ARROW expects 2Q15 earnings to be close to 1Q15’s Bt62.16mn. It is confident 2015 revenue will reach Bt1.2bn, backed by numerous orders. It has received BoI promotion for its product (tube for underground wire), which it plans to introduce in 3Q15. It targets revenue of Bt20mn from this product. (Thun Hoon, 04/08/15)
Comment: A wonderful grower in the past 2 years, the only question here is capacity constraint going to be an issue?

BDMS expects 2Q15 earnings of Bt1.5bn aided by local and international patients. 2H15 net profit is expected to be higher than Bt3.7bn. (Khao Hoon, 04/08/15)

BMCL says it is not worried about the auction for the Blue Line extension. BMCL is confident it will be awarded the Blue Line extension because of its expertise. (Khao Hoon, 04/08/15)

CEN expects 10% revenue growth in 2015 aided by UWC. It plans to list subsidiaries and invest in waste power plant and innovative products. (Thun Hoon, 04/08/15)

CITY expects 2015 revenue to mark a record high on high demand and cost control. It plans to set up a subsidiary in Hong Kong to increase its production line. It plans to expand warehouses to act as long-term income. A decision is expected soon. (Thun Hoon, 04/08/15)
Comment: CITY has always been a very conservative steady business

CM expects 2015 net profit to be good, aided by the baht depreciation. It expects to book extra gain from exchange rate as exports comprise 90% of total revenue. It plans to acquire cultivated land to increase capacity. It is talking to a prospective partner for more orders from Japan. (Thun Hoon, 04/08/15)

HMPRO reported 2H15 revenue of Bt25.5bn (10.53% growth) on the back of high demand in local and abroad. (Thun Hoon, 04/08/15)
Comment: Impressive given the economic environment that they are in operating in, still curious to see how long it will take for the Malaysia expansion to work

INET plans to open a data center and cloud computing in local areas with a budget of Bt500mn. It plans to do a capital increase via rights and/or PP. This will be finalized soon. 2Q15 earnings are expected to be good on increasing demand for data center. It expects 2015 net profit to grow 30% and plans to wipe out retained losses and pay a dividend. (Thun Hoon, 04/08/15)
Comment: As one of the smartest men told me, Digital Economy will be the next solar power craze

ITD expects to sign a contract to set up a SPV (Special Purpose Vehicle) on Aug 5. It expects to get a portion of the Bt62bn Suvarnabhumi airport phase 2 and is ready for upcoming government bids in 2H15. Potash mining is expected to be finalized in 3Q15. (Khao Hoon, 04/08/15)

KKP expects 2015 loans to be on par with 2014’s although loans contracted in the first half of the year on the a slowdown in car leasing. It expects to control NPLs to 6% over the remainder of the year. It plans to open new branches to serve high net worth clients. (Thun Hoon, 04/08/15)

NYT expects 2015 revenue to be good aided by exports of 1.2mn vehicles, with a market share of 80%. 2Q15 net profit will be reported this month and will be good. (Thun Hoon, 04/08/15)
Comment: They have a monopoly on all car exports – what a business!

PLANB plans to launch new ad media “ON WiFi” which is a free WiFi for bus passengers. The first phase will begin with 550 buses in Bangkok. (Khao Hoon, 04/08/15)
Comment: They are killing VGI and MACO, have been very impressed by their growth but at 70x trailing PE….

QLT is talking to a prospective partner to invest in a new business. This is expected to be cleared this year. It is confident 2015 revenue will achieve its 5% growth target although 2Q15 earnings may drop slightly. It targets net margin of over 20%. (Thun Hoon, 04/08/15)

RS says it has no plan to do business with King Power, which recently acquired a 9% stake in RS. It says its organizational chart and major shareholders are unchanged. (Post Today, 04/08/15)

SENA expects 2015 presales of Bt4.5bn with Bt3bn of sales. It plans to launch five new projects. The selling point for these will be solar cells, worth Bt5bn, over the rest of the year. It is looking for a business partner and expects to increase capital via rights and/or PP. (Thun Hoon, 04/08/15)
Comment: Well they have already announced that they are going to do a PP or some form of equity raising

TAE plans to acquire a 200,000 litre ethanol plant. This purchase is expected to be concluded in 4Q15. It targets 2015 revenue of Bt2.5bn (10% growth) supported by high demand. It plans to expand abroad, first into the Philippines. (Thun Hoon, 04/08/15)

TKS expects to revise down its 2015 revenue target affected by prolonged economic sluggishness. It has received a job from 7-Eleven, printing the stamps for its promotion. It plans to do a JV with Japanese company to invest in packaging and logistic businesses, finalizing in 3Q15. (Khao Hoon, 04/08/15)

TTA expects 2Q15 earnings to be higher than Bt150mn on contribution from subsidiaries, particularly Mermaid Maritime, which has utilization rate of 70%. (Khao Hoon, 04/08/15)

TVT expects to conclude an M&A of a television production company within 2 weeks. It expects 2H15 earnings to be good backed by many television programs. It plans to hold a roadshow in Khon Kaen this month. (Thun Hoon, 04/08/15

  1. For an interesting insight into corporate schizophrenia, it may be worth looking at, Homepro’s on-line, discount, amazonian punt. Possible self-cannibalization. Although they’ll have to get the website to work at some point.

    Pon, if you run into your technical tilac, the chartista, could you inquire what she makes of bells, whistles, IED’s, tactical nuclear devices, et al, positively exploding–my cheapo speakers blew out a week ago–as RSI, Relative Strength Index, oversold triggers get pulled. I noticed this purely by accident, my finger slipped. Couldn’t help but notice some interesting readings–under 20 in lieu of the nominal oversold threshold of 30–for shares of companies that are not bankrupt. Yet. Inter alia, see DTAC, ADVANC and SET itself. Strange numbers, up or down.

    • Good question, I have no idea, their revenue’s have grown consistently over the past 6 years from 500 to ~700 mn from ’10 to ’15, but profitability hasn’t.
      1) most likely some rumours and/or punters having a good time.

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