CPALL expects its net profit to be good brought by SSS growth and 700 new stores. It expects 1Q16 net profit to be no less than Bt3.85bn with Bt102bn sales. It plans to sell MAKRO shares. (Thun Hoon, 04/05/16)
Comment: It does finally look like they are going to do something with their stake in Makro

EPCO expects 2016 net profit growth to be higher than 50% as it plans to invest in power plants at home and overseas to bring capacity to 200MW. It plans to list its subsidiary (Eastern Power Group) this year. It targets capacity of 500MW within 2018. Its shareholders approved issuing a Bt2bn debenture. (Thun Hoon, 04/05/16)

HMPRO reported 1Q16 revenue of Bt14.61bn, up 11.57%YoY with Bt866.18mn net profit, up 18.06%YoY. This brought by SSS growth and new stores for both HMPRO and Mega Home. (Thun Hoon, 04/05/16)
Comment: What consumer debt issue??

ITD signed a contract with the Department of Rural Road to proceed with the construction of the rail overbridge along the Rural Road No. Sor Kor 2032 at Baan Khoke Kham, Amphur Muang, Samut Sakorn Province on Apr 27, valued at Bt405.59mn. (Khao Hoon, 04/05/16)

PTT expects 1Q16 net profit of Bt23.5bn driven by downstream business on lower oil price. (Khao Hoon, 04/05/16)
Comment: I’ve been asked many a time about oil prices and when one should buy. To which I respond, I’m fairly certain if you buy now and wait 5 years, at one point you may definitely make a profit. I just don’t know when that point is…

RATCH plans to set up three subsidiaries, each with Bt20mn in registered capital, to engage in alternative energy business. It expects 1Q16 earnings to be good because of extra gain from selling electricity. It plans to invest both at home and abroad. (Thun Hoon, 04/05/16)

SALEE has budgeted Bt300mn to invest in 75% of a thermoplastics company. It expects a decision to be made in 3Q16. It expects 1Q16 earnings to be good. It targets revenue growth of 10% this year. (Thun Hoon, 04/05/16)

SUPER started up 18 more power plants (94.6MW). This increases its total electricity output to 601.95MW. (Khao Hoon, 04/05/16)
Comment: It does look like the stock price is pricing in all of this and more already

TACC received the right to manufacture and distribute products using five cartoon characters by 7-Eleven convenience stores in Thailand. It expects this to contribute Bt55mn revenue in the first year. It targets 2016 revenue to grow 15% from both local and abroad. (Khao Hoon, 04/05/16)

TAE expects 2016 revenue to be higher than Bt2.6bn after getting 27mn liters for ethanol in the first three month of the year. It targets 2016 sales of 144mn liters. It expects this to increase its revenue by 8% from last year. It plans to invest in a new plant with capacity of 200,000liters/day, with startup expected in 2018. (Thun Hoon, 04/05/16)

TSTH reported FY2016 net profit of Bt154mn aided by higher sales of 1.14mn tons on high demand from government stimulus measures and AEC. (Khao Hoon, 04/05/16)
Comment: Ohhhhh has the turnaround finally happened? It has been 6-7 years since I’ve seen them make a profit. 

TTW plans to invest in Myanmar in a water plant with capacity of 40,000 cubic meters/day. It expects to start construction in 2018. It expects 1Q16 earnings to be good on the back of higher sales of tap water. It is budgeting Bt3bn to increase its capacity by 100,000 cubic meters/day. (Thun Hoon, 04/05/16)
Comment: I remember talking to the CEO in regards to this plan since 2010..and even though it has taken a bit longer than they expected it’s still a rather positive sign

UV targets 2016 revenue of Bt15bn backed by high-rise and low-rise property. It says investors are interested in Golden Venture Trust. It plans to launch three projects valued at Bt4.2bn. It also is looking for land to buy. (Thun Hoon, 04/05/16)

  1. Hi,
    can anyone explain me why differents companies (CHG, Beauty, Vibha and more) decided a split price in May 2015?

  2. Pon, xavi, first of all thank you for the answers.

    I understand the advantage of lower stock price, my surprise is timing for split.
    They also show a similar pattern in the chart…

    I can understand relation in Vibha/Chg (same sector, same div/yeld, probably same biggers shareholders/ board director decision), but Brook and Beauty? it was a coincidence?

    • There is most likely zero link between all of the companies that you’ve mentioned in terms of ownership and management, perhaps their advisers are similar but I think not.

      Brook – crooks
      vibha/chg – not related at all! management and ownership are completely unrelated
      Beauty – they had to, consumer name, great growth, continued to kick my a$$ in terms of #’s and with increased demand for their shares, they decided to split b/c of their advisers.

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