ACAP
ACAPs share price has increased 31.66% over July 10-16. Management says that all is proceeding as planned, with a target of loan extensions of Bt5bn this year. It already loaned Bt3.8bn in 1H18 and expects 2H18 to be better than 1H18. It is preparing to list its subsidiary on mai. (Thun Hoon, 18/7/18)
AKR
AKR confirmed its business remains sound. It has many orders for electric transformers for 2H18. It is preparing to bid for orders from EGAT and PEA with a value of more than Bt3bn. It is negotiating with the government to set up a solar board and solar farm, with the results to be announced this year. It targets revenue growth of 15-20% to Bt2bn (Thun Hoon, 18/7/18)
Comment: But regardless it’s not a leading player in the industry despite being one of the most active ones in terms of newsflow
BGRIM
BGRIM budgeted Bt1.134bn to acquire 55% in a 420MW solar farm project in Vietnam. It expects operations to start by June 30, 2019. It is interested in numerous projects overseas. (Kao Hoon, 18/7/18)
Comment: And it won’t stop, wouldn’t be surprised to see them achieving 1GW in Vietnam
CHEWA
CHEWA announces share divestment. CHEWA announced that TEE Development PTE ltd., a Singapore shareholder, will divest its shares to Panitchewa group, raising its stake to 67.64%. The firm said this transaction will not affect management structure. (Thun Hoon, 18/7/18)
Comment: So now its fully in the hands of AMATA’s inlaws. 
DOD
DOD expects 2Q18 performance to grow YoY, supported many orders, cost control and capacity expansion. It also expects 3Q18 performance to grow YoY, backed by more OEM contracts. (Kao Hoon, 18/7/18)
NPP
NPP announced it is joining with CP China to establish a joint venture called Kinghill Food, a Thai restaurant, which will operate in China. The first branch will open in Shanghai in 4Q18. They expect their food business to grow 3-4-fold within 2-3 years. (Thun Hoon, 18/7/18)
PSH
PSH reported 1H18 presales of Bt4bn with a 2018 presales target of Bt6.8bn. It is preparing to launch four projects in 2H18 with a total value of Bt8.6bn. It plans to increase its backlog of high end projects to Bt13bn. Revenue for the high end projects is expected to be recognized by the end of this year. (Kao Hoon, 18/7/18)
Comment: The issues for PSH are that 1) It’s already achieved a sizeable revenue value and growth from here won’t be at the same %age levels  2) investors are still wondering about their ability to generate recurring income from the hospital projects
QH
QH is preparing to launch a Bt900mn SDH project called Casa Ville Donmuang-Songprapa on July 2122. Starting price for the SDH is about Bt6.89mn (Thun Hoon, 18/7/18)
SANKO
SANKO says its business still looks promising particularly in 2H18 as the firm is negotiating new orders with a value of more than Bt100mn. It expects to run at full production capacity within 1-2 years and targets sales of Bt500nn. (Thun Hoon, 18/7/18)
TEAMG
TEAMG will benefit from accelerating government budget disbursement, especially on infrastructure mega projects. It expects to win projects worth more Bt100mn in 2H18. Bt3.474bn of its backlog will be gradually booked as revenue over the next four years. It targets 2018 revenue growth of 10% and plans to expand its business in ASEAN. (Thun Hoon, 18/7/18)
Comment: A rather common story for the past few years, however government disbursements have consistently been under budget for years

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