BCP is certain that 2017 earnings will reach target as oil volatility is not expected to affect earnings. Its EBITDA is targeted to grow at 20% with support from subsidiaries’ power plants. (Thun Hoon, 11/7/17)
COM7 is expected to have 2Q17 earnings of Bt105bn or 30% growth, supported by sales of smart phones. 2H17 sales are also expected to grow due to the launch of iPhone 8 in September. (Khao Hoon, 11/7/17)
Comment: iPhone 8? iphone 7s? Whatever it is that will be released by Apple there will be a positive impact to Com7
NUSA has attracted a Chinese business partner for its healthcare center project. This project is worth USD10mn. It also plans to launch three new projects. (Thun Hoon, 11/7/17)
Comment: Stay away from this dodgy company.
PM, as known as the producer of snack brand Taro, sold PE stock (153.8mn shares or Bt0.80/share worth Bt123.08mn). 2Q17 performance is expected to be outstanding due to profit from selling PE shares while the 2Q17 performance is expected to grow more due to more strategic partnerships. (Thun Hoon, 11/7/17)
Comment: A one-time gain. They’ve been talking about strategic partnerships for as long as I can remember but I’ve never seen management execute anything.
PTG has a market share of 10.55% after expanding to 1400 gas stations. It expects sales of 200,000 liters per station per month or 2.4mn liters per station per year. (Thun Hoon, 11/7/17)
Comment: Still on track to being the largest (if it isn’t already) gas station company in the country.
TKN expects to have good international sales, driven by a new factory in China, which could relieve the slowdown in domestic sales. Overall 2017 sales are expected to grow 8%. (Thun Hoon, 11/7/17)
TTW is expected to pay a dividend of Bt0.3/share or dividend yield of 2.8%. (Khao Hoon, 11/7/17)
TWZ to invest Bt500mn via GEAR, which will invest in two solar farms with production power of 10MW to generate more revenue long term. (Thai Post, 11/7/17)