AJ
AJ expects 2017 earnings to be good supported by expansion to Europe and higher domestic sales brought by government stimulus measures that increased demand for its products. It plans to invest in CPP production line to increase its product variety. (Thun Hoon, 03/11/16)
BDMS
BDMS expects Bt100bn revenue in 2018. SET-listed Bangkok Dusit Medical Services Plc (BDMS) is forecasting total revenue from its subsidiaries will rise to 100 billion baht in 2018. (Bangkok Post, 03/11/16)
Comment: It’s on track to become the perhaps one of the largest hospital groups outside of Northern Asia
 
CHO
CHO has signed an MOU with a Singaporean company to develop and produce armored vehicles worth more than Bt70mn. It is confident that 2016 revenue will grow 10%. It is negotiating with two customers to build 200 buses and expects to know the results by the end of the year. (Kao Hoon, 03/11/16)
DEMCO
DEMCO got a job to construct a115 kW system valued at Bt404mn. (Kao Hoon, 03/11/16)
Comment: Looks like some investors are believing in the turnaround story
 
IRPC
IRPC reported 3Q16 net profit of Bt1.31bn, growing 47% YoY, backed by strong GIM at US$12.5, most of which came from better GIM from its Everest project. (Kao Hoon, 03/11/16)
ORI
ORI plans to launch a high-end condominium “Notting Hill Jatujak Interchange” worth Bt618mn, starting price at Bt2.9mn and presales on Nov 12. (Kao Hoon, 03/11/16)

PLAT
PLAT expects 3Q16 profit of Bt165mn. It expects growth to continue in 4Q16 on seasonality and more rental customers. (Kao Hoon, 03/11/16)
PS
PS expects 4Q16 earnings to be good and will continue to increase its backlog from Bt23.6bn. PS existing shareholders will swap to “Pruksa Holding” shares at a ratio of 1:1 before Nov 23. (Thun Hoon, 03/11/16)
Q-CON
Q-CON reported 3Q16 net loss of Bt32mn and 9M16 net loss of Bt71mn due to decrease in sales volume and lower selling price. (Kao Hoon, 03/11/16)
RATCH
RATCH signs a deal to borrow Bt7.12bn with four big banks. It plans to do a wind power plant in Australia with capacity of 180MW valued at AUD400mn and expects COD in 2018. This will lift total capacity to 6,980MW. (Kao Hoon, 03/11/16)
SAWAD
SAWAD set up two subsidiaries to support business expansion. It expects outstanding loans to reach Bt18bn. It is confident that 2016 revenue will grow 20-30% from last year and expects NPLs to not go over 3.5%. (Thun Hoon, 03/11/16)
SCC/SCCC
The boards of SCC and SCCC approved the sale of all 10.4% of Holcim Bangladesh worth more than Bt590mn. SCC is expected to book profit of Bt315mn and expects to finish the deal in November. (Kao Hoon, 03/11/16)
SEAFCO
SEAFCO continues to get new jobs. Recently, it got 4 projects valued at Bt105mn. (Thun Hoon, 03/11/16)
SINGER
SINGER expects revenue from new products to increase more than 15% in 4Q16. It plans to have 1,000 salesmen by the end of 2016. (Kao Hoon, 03/11/16)
SIRI/BTS
SIRI and BTS continue to develop high-end condominiums in line with their five-year plan to have 25 projects worth Bt100bn. It plans to launch two new projects with a total value of Bt10bn, with presales on Nov 19-20. (Kao Hoon, 03/11/16)
Comment: It’s been a good start for both parties in this JV 
 
STEC
STEC got a job for motorway construction worth Bt1.8bn. It continues to bid for new jobs in 4Q16 especially dual-track railway worth more than Bt101bn and expects to get 20-25%. (Thun Hoon, 03/11/16)
Comment: And all the key players will continue to win all the projects. I do wonder which one of the smaller contractors are going to benefit the most from this.
 
TNP
TNP reported 3Q16 net profit of Bt13.96mn or growth of 81%, with 9M16 net profit at Bt38.87mn or growth of 73.17% supported by more revenue from branch expansion. (Kao Hoon, 03/11/16)
TRU
TRU is negotiating with a foreign entity to do a 1MW solar roof top. It plans to invest Bt60-70mn. It expects this to reduce electricity expenses by Bt5mn per year. (Thun Hoon, 03/11/16)
WHA
WHA plans to sell Bt8bn in assets to an REIT. It will use the funds to repay HEMRAJ’s debt, cutting D/E to 1.3x within 1Q17. It expects to start construction of a waste power plant in 4Q16 with COD in 2019. (Kao Hoon, 03/11/16)
Comment: Basically they are finally doing something with the HEMRAJ assets that they bought

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