BJC expects its highest ever revenue this year backed by two extra gains. However, this year’s revenue will miss its target of 10% growth. It plans to expand abroad to gain international market revenue of 50% within 3-5 years. (Khao Hoon, 2/12/15)
Comment: Broadly the international market revenue is mainly from Vietnam, their latest Investor presentation explains these things quite well.
CNT targets 2015 projects valued at Bt4-5bn. It expects to see better net profit next year. It currently is negating with alliances to join government projects. It is also investing Bt200mn to build office property for rent. (Thun Hoon, 2/12/15)
Comment: It’s been a dog of a stock for years mainly because they just can’t compete against the rest of the players in the market when there’s a dearth of projects, in theory when the entire industry picks up in the coming year then perhaps CNT will not face competition from the big boys and be able to make a profit again
CPN expects 2016 revenue to grow 14-15% backed by opening more new malls. It plans to sell three condominiums worth Bt1.6bn at the beginning of 2016. (Khao Hoon, 2/12/15)
Comment: And the shopping mall machine continues to grow and grow
GOLD expects to see the highest revenue this year. Its 9-month profit is Bt361mn. Revenue for the whole of this year is expected to reach Bt8.5mn as expected due to a backlog of Bt2.8bn. (Khao Hoon, 2/12/15)
KAMART expects to see this year’s revenue reach Bt200mn after introducing new products and adding branches both at home and abroad. (Thun Hoon, 2/12/15)
KBANK targets international loans next year to grow 40%. It also plans to expand to a third branch in China and another one in Cambodia next year. (Khao Hoon, 2/12/15)
Comment: BAY arguably has a better chance to grow its international loan business w/ BTM as the majority shareholder and they will have access to BTM’s international network
MTLS targets next year’s loans to grow 50% with NPLs lower than 1%. It also expects to see 1,300 branches next year. (Khao Hoon, 2/12/15)
Comment: Again the question is how much are you willing to pay for this growth?
SAMART and SAMTEL flooded by rumors that management was asked to testify in the Mor Yong case. The group has assured investors that it follows Royal Thai Police orders. (Khao Hoon, 2/12/15)
Comment: And the rumours still haven’t stopped.
SCI expects to see 2015 revenue to grow 5-10%. It expects to sell communication towers to companies providing 4G. It plans to improve electricity distribution next year in Laos. (Khao Hoon, 2/12/15)
SEAFCO got a new project worth Bt200mn and plans to sign a contract for a project worth Bt200mn in Myanmar. It targets 2016 revenue and net profit to grow 10-15% backed by government mega projects. (Khao Hoon, 2/12/15)
SPCG expects 2015 revenue to reach target of Bt5bn. It plans to expand business in Laos and Cambodia. (Thun Hoon, 2/12/15)
Comment: SPCG does have to work hard to find new projects and business lines to make up for the upcoming revenue drop in 5-6 years when the adder for their plants is done.
Newly listed TACC expects 2015 net profit to grow 50% after joining with CPALL to expand in Thailand. (Khao Hoon, 2/12/15)
UAC expects 2016 revenue to grow 20% to Bt1.8bn. It plans to invest Bt1bn to boost chemical production power to 20,000 tons/year to serve orders abroad. It plans to drive production of alternative energy to reach 30MW from currently 6.5MW. (Thun Hoon, 2/12/15)