CI CI expects revenue to reach Bt6bn in three years. It reported revenue growth of 15% to Bt2.7bn in 2015 supported by backlog of Bt3-4bn. It plans a deal with a China partner to set up a 5-star hotel. It plans to set up a Bt1.5bn REIT for Sripanwa Hotel in 2H16. (Thun Hoon, 1/3/16) […]
Read More →CCP CCP expects public projects to fill its backlog this year after orders for motorway projects are added to its backlog. It expects to get private projects, which will increase its gross margin to 5%. It expects the Thai-China dual-track project to progress. (Thun Hoon, 08/02/16) ECF ECF expects solar farm ECF-Tamado Energy GK in […]
Read More →BCH BCH expects double digit growth in this year. It plans to expand its customer base, focusing especially on SSO and foreign clients. It expects 2016 net profit to be good as WMC breaks even in 2H16. (Thun Hoon, 03/02/16) Comment: I think I’ve been reading about this WMC breaking even for the past….4-5 years […]
Read More →ASEFA ASEFA expects its new plant to run this February. This plant will raise its capacity by 50%. It plans to open five more after-sales service centers to handle upcoming large orders. (Thun Hoon, 29/01/16) Comment: Well the question will turn to utilisation rates, its a new ipo, not much of a public market track […]
Read More →BEM BEM expects to pay dividend this year on the expectation of 40% growth in net profit after the Sri Rat expressway and MRT Purple Line open. It plans to take part in bids for public projects in CBD and outskirts. (Khao Hoon, 06/01/16) Comment: And now the largest infrastructure/transportation play is listed! CI CI […]
Read More →BJCHI BJCHI expects 2016 revenue to grow 15%, backed by projects worth Bt5.2bn. It plans to join a new Bt40bn auction and expects to get projects worth of Bt6.5bn. (Thun Hoon, 3/12/15) Comment: And yet despite the decrease in oil prices, they still can continue to grow, why? It’s a huge industry and Thailand is […]
Read More →AH AH expects 2016 revenue growth of 5-10% thanks to new car models. It expects gross profit margin to be good when it implements cost control. It has budgeted Bt400mn to acquire a business next year. It has cash on hand of Bt800-1,000mn. (Khao Hoon, 30/11/15) Comment: This has been a dog of stock for […]
Read More →Names today: DCC, EPG, GLOBAL, GOLD, KOOL, MTLS, MSC, NOK, PTG, SC, SIRI, TFD DCC DCC’s board has approved 3Q15 interim dividend of Bt0.042/share, XD on Nov 6. It reported 3Q15 net profit of Bt275mn. (Khao Hoon, 27/10/15) Comment: DCC’s revenues have taken a slight hit and despite their margin improvements, things still don’t look […]
Read More →CHG CHG expects 3Q15 earnings to mark a record high on the back of seasonality. It expects 2015 revenue growth to achieve its target of 15%. (Thun Hoon, 18/09/15) Comment: Still don’t quite understand why this specific stock has suddenly re-rated. BH is trading @ 50x, this one at 42x trailing pe, it does just […]
Read More →BWG Investors are interested in buying BWG shares via PP. It expects 2015 revenue to grow 15- 20% backed by marketing strategy. (Thun Hoon, 03/09/15) Comment: Right…and we thought the SEC had crackdown on dodgy PP’s ESSO ESSO expects 2015 performance to be the best in three years after net profit reached Bt3bn in 1H15 […]
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