Names today: ACAP, COM7, CPN, IFEC, CPN, CSP, IFEC, JAS, KC, NUSA, ORI, PE, RCI, SAMART, SENA, SMART, TSF

ACAP
ACAP expects to show net profit next year on the back of loan extensions and cost control although this year may have a net loss. It is working with AJD to invest in an online loan machine valued at Bt400mn. It plans to acquire more debt to increase its debt collection portfolio. (Thun Hoon, 30/10/15)
Comment: We do wonder who the new shareholders are in ACAP and what their plans will be with this entity in the future

COM7
COM7 expects to show net profit in 4Q15 backed by 4G auction and iPhone6-plus launch. It expects 2015 revenue to achieve its target. It expects 2016 revenue to grow 5%. It plans to open more branches to expand to the SME market. (Thun Hoon, 30/10/15)
Comment: So, wait for the price to decline and buy again when the iPhone 7 releases?

CPN
CPN plans to expand to Myanmar. It targets to open hotel and department stores to cover AEC. It expects 2016 revenue to grow 10-15% backed by tourism. (Thun Hoon, 30/10/15)
Comment: The family already has a foothold there, so this is just a natural extension of the group’s overall business

CSP
CSP expects to show net profit in 1Q16. It expects revenue growth of 15-20% backed by the opening of contracts for 4G tower construction of Bt6bn, of which it expects to get 10%. It expects to sign a contract to construct the steel foundation for solar farms soon. It plans to expand to AEC, beginning with Myanmar. (Thun Hoon, 30/10/15)

IFEC
IFEC expects Pak Panang wind power plant to start up on Nov 13. It expects two other power plants (Ligor and Thepha) to operate in 2016. It plans to invest in 494MW power plant in Australia and Vietnam, and expects to sign the contract this year. (Khao Hoon, 30/10/15)

JAS
JAS will pay interim dividend of Bt0.1/share, XD on Nov 11, payment on Nov 27. It reported 3Q15 net profit of Bt883mn (+36%) backed by addition of 100,000 subscribers, which raised 3BB customers to 1.95mn at the end of 3Q15. (Khao Hoon, 30/10/15)

KC
KC expects to show net profit this year from net loss of Bt9.36mn backed by cost control and Bt350mn backlog which is expected to transfer in 4Q15. It is talking to 2-3 foreign developers for acquisition or M&A and expects to finalize one deal this year. (Thun Hoon, 30/10/15)

NUSA
NUSA has approved the allotment of new ordinary shares of Bt2.7bn via PP. This will be used to fund investment in the power and related businesses. It expects 2015 sales to achieve target of Bt5bn. (Thun Hoon, 30/10/15)
Comment: They just announced a purchase of a 1.17% stake in WEH (yes that one, where DEMCO is too) for thb 700 mn

ORI
ORI showed the highest presales in 3Q15. It expects 2015 presales to achieve target of Bt5bn. It plans to expand to Chonburi in 4Q15. (Thun Hoon, 30/10/15)

PE
PE expects 3Q15 net profit to rise significantly from 3Q14 net loss of Bt78.62mn. It expects to benefit from government stimulus measures, AEC, and BoI privileges. It expects 4Q15 earnings to be peak on the back of seasonality. It plans to bid for a Bt200mn project for PTT. (Thun Hoon, 30/10/15)

RCI
RCI plans to wipe out retained loss of Bt13.11mn this year. It expects 2015 revenue of Bt900mn. It plans to introduce new tiles which will widen its margin. It and KC plan to expand to CLMV. (Thun Hoon, 30/10/15)

SAMART
SAMART expects to book revenue from power plants in November which include 40MW solar power plant, 40MW biomass power plant, and a 2,000MW coal power plant in Cambodia. (Thun Hoon, 30/10/15)
Comment: Well that should help boost the share price after its fall from being related to the police.

SENA
SENA expects revenue and net profit to reach new high next year aided by a full year of revenue from sale of 50MW electricity. It targets electricity capacity of 100MW within three years. It plans to list a subsidiary in 2018. Property sales in the 10M15 have reached Bt3.5bn. It expects sales to grow backed by property incentives. (Thun Hoon, 30/10/15)

SMART
SMART expects 2015 revenue to be over Bt380mn with net loss. It plans to expand to CLMV, expects to conclude expansion for one country this year. It is confident 2016 revenue will reach Bt420mn with net profit. (Khao Hoon, 30/10/15)

TSF
TSF plans to launch new media DTC which will be set up at 8,500 branches of 7-Eleven. It expects this will be attractive for many brands. It says this has good potential as it reaches more than 10mn viewer/days. (Khao Hoon, 30/10/15)

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