AEONTS
AEONTS expects loan growth of 5% in FY2018. In 1H18FY, it has already provided loans of Bt52bn. It plans to launch promotions to stimulate spending during the yearend festivities. It has entered Myanmar, Cambodia and Laos and expects loans to reach Bt13bn in FY2020, pushing foreign revenue up to more than 10% of total revenue. (Thun Hoon, 19/12/18)
Comment: It’s still going to take a fair bit of time for the international business to have a positive net impact on AEONTS

CHO
CHO issued its second PP of a maximum of 30mn shares to Mr. Papinwit Chengchawano for Bt1.427 per share. The proceeds will be used as working capital and setting up E-ticket machines in 2,600 BMTA buses. (Thun Hoon, 19/12/18)
Comment: This e-ticketing business could be quite something in the future.

D
D expects revenue to reach Bt1bn as it will book a full year of revenue from DV devices. It will open its first hospital in Thailand. It intends to control costs, widening margin. (Thun Hoon, 19/12/18)

DTAC
DTAC has budgeted Bt18bn in 2019 to expand its network nationwide. It expects to reach 13,000 23000MHz towers this year and 15,000 in 1Q19. Management says it will continue expand its network. (Thun Hoon, 19/12/18)
Comment: 5G will be the buzzword for next year…i doubt we will see much happening, its a rather expensive project for telco’s to rollout

GLOW
GLOW says many investors have contacted the major shareholders to make a tender offer, but it does not know about the tender offer for 69.11% of the shares made by I Squared Capital. (Kao Hoon, 19/12/18)

JAS
The Central Intellectual and International Trade Court sentenced JAS to pay debt valued at Bt268mn to one creditor. Management says this will have little effect on the company and it will in addition appeal within one month. The total debt being sued for is Bt1.1bn and JAS has already set aside provisions of Bt318mn. (Kao Hoon, 19/12/18)
Comment: Hah!

PTTEP
PTTEP announced its five-year business plan. It is budgeting Bt525bn to add value to existing exploration and production projects, increase reserves and production capacity and find new business for sustainable growth. It targets petroleum sales volume of 318k barrels per day with a budget of Bt107bn next year. (Thun Hoon, 19/12/18)
Comment: But this plan doesn’t include erawan nor bongkot

SPA
SPA has budgeted Bt125mn to acquire 75% of CHABA, a hand and foot spa and manicure service. It targets to increase both Thai and foreign customers and will add three branches next year. (Thun Hoon, 19/12/18)
Comment: Perhaps at a certain price this could be considered a viable tourism play.

STI
STI will trade on mai today. It believes price will rise above IPO price of Bt6.3 based on its solid fundamentals. Current backlog is Bt770mn and this will be booked as revenue over three years. It is bidding for many projects and expects revenue to be better YoY. (Kao Hoon, 19/12/18)
Comment: And the IPO pop is still gone

TVD
TVD expects revenue of Bt5bn next year. As for the purchase of Spring News, it expects the conclusion will be known in February. (Thun Hoon, 19/12/18)

ZIGA
ZIGA is preparing its 2019 business plan to send to its board for approval next week. It targets revenue growth of 15% next year. It expects the setup of a new factory and inventory will be completed in 2Q19-3Q19 and these will cut costs. (Thun Hoon, 19/12/18)

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