BEAUTY expects 4Q15 earnings to be good on the back of government stimulus measures. It expects 2015 sales of Bt1.7bn with a record high net profit from 2014’s Bt301mn. It targets 2016 sales to grow 20%. (Khao Hoon, 04/01/16)
Comment: The last minute bump by the government to promote year end spending should bold well not only for names like BEAUTY, but virtually every other retailer. But of course this isn’t sustainable and it will just lead to poor QoQ #’s further down the road.
BEM will be included in SET100. It will begin trading on Jan 5 in the Transportation and Logistics sector. (Khao Hoon, 04/01/16)
Comment: I still think that this would be an incredibly attractive name to many many institutional investors
BKD got a Bt1bn contract to refurbish BMA City Hall. It expects to get another Bt2bn in projects soon. It plans to take part in refurbishing a hotel in Myanmar, valued at Bt500mn. (Khao Hoon, 04/01/16)
CPF plans to invest in Africa, Europe, and Australia. It plans to set up a new production base which is expected to increase sales growth by 10% per year. It targets sales of Bt700bn within five years. (Khao Hoon, 04/01/16)
EA reports its 90MW solar farm in Phitsanulok has reached 90% completion. Operational start-up is expected in Jan 2016. It expects 2016 revenue to be good backed by 404MW in power plants. (Khao Hoon, 04/01/16)
KBANK targets fee revenue growth of 18-20% from insurance, mutual fund and credit cards. It expects 2015 fee revenue to reach Bt20bn. It targets 20% growth in fees from E-transactions. (Khao Hoon, 04/01/16)
Comment: A lot of NVDR buying on the last day of 2015 in this name ~ THB 3 bn alone.
KOOL targets 2016 sales growth of 35-40%. It expects to introduce three partners in January. It expects this to increase its distribution channels. It is budgeting Bt40mn to build its brand. (Khao Hoon, 04/01/16)
PAP expects exports to comprise 10% of revenue from 5% now. It expects to focus on customer service. It expects demand for steel to increase on the back of public investment. (Thun Hoon, 04/01/16)
PREB expects 2016 net profit to be better than 2015’s Bt305mn backed by 600% growth in transfers. It plans to list its subsidiary for sustainable growth. (Thun Hoon, 04/01/16)
QTC expects 4Q15 earnings to be good with 2015 revenue of Bt1bn. It targets 2016 revenue to grow 20%. (Khao Hoon, 04/01/16)
Comment: A nice business here that but they are limited by the market size potential, and the owner himself admits they will have trouble doing more than THB 1 bn.
SAMART expects 2016 net profit of Bt1.19bn (13% growth) backed by 41% net profit growth from SAMTEL despite the small SIM net profit growth of only 2%. (Khao Hoon, 04/01/16)
Comment: SAMTEL is the only company within SAMART group of co’s that will grow this year
SAT expects 2016 revenue to grow 5-10% backed by recovery in orders. It targets net margin of 9%. (Thun Hoon, 04/01/16)
Comment: We do wonder how much the excise tax will hurt automotive sales this year
STPI plans to take part in Bt56-82bn in project bids in 2016. It expects to get Bt30bn which is expected to be booked in 2017. It expects 2016 net profit of Bt2.33bn. (Khao Hoon, 04/01/16)
TFD expects performance to turn around. It expects 2016 net profit to return to the black on the sale of 2,200 rai of land for Bt19.8bn. It expects to book Bt1.5bn from a property project. It plans to take over 300MW in power plants. (Thun Hoon, 04/01/16)