AIT
To ask shareholders to approve capital increase — AIT will hold a shareholder’s meeting on Nov 18 to obtain approval for a capital increase of 137.55 million shares at 1:2 shares (old:new) at a price of Bt5.00/share. (Khao Hoon, 18/11/13)
Comment: This is still ongoing now as of writing, we are confused by their request, because we see a co with good rev, good margins, very little debt, and management aren’t clear about what the funds are going to be used for.
CK
Expects good 4Q13 — CK is confident that 4Q13 earnings will continue to be strong and expects revenues for the year to exceed its target of Bt40bn. Its current backlog on hand exceeds Bt120bn. (Khao Hoon, 18/11/13)
CPTGF
KTAM is handling the IPO for a new property fund, CP Tower Growth Leasehold Property Fund (CPTGF) on Nov18-26 at IPO price of Bt10.15/unit. It is confident in the fund’s asset quality which is expected to continue brining in future revenue income. (Tun Hoon, 18/11/13)
HMPRO
2013 revenue growth 17-18%, 64 branches — HMRPO said revenue growth this year will be 17-18% and that it will have 64 branches by the end of the year. It expects to book Bt700mn revenue at the 18th HomePro EXPO. (Khao Hoon, 18/11/13)
Comment: Just fantastic numbers continuously coming out of HMPRO
QTC
Holding community hearings for biomass plant — QTC reported that it is holding meetings with the community for its biomass power plant and expects to finish in two months. It its preparing to rent land for an adaptor factory, with operational startup in 4Q13. It also expects to book new backlog of Bt200mn before the end of the year. (Khao Hoon, 18/11/13)
Comment: The biomass plant has a small impact on QTC’s overall profits but its still an interesting move by UAC AGE and QTC. 
TPOLY
TPOLY to have good 4Q13. TPOLY expects a good 4Q13 with a better net margin for its power plant business. It will book 20% of Bt4bn total backlog as revenue and bid for new work of Bt3bn. (Kao Hoon, 18/11/13)

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