AOT
AOT denies giving special treatment to King Power and is ready to explain to the court on July 25 . (Kao Hoon, 07/07/2017)

BANPU
BANPU confirms that the flood in China won’t impact sales volume and will actually help increase demand for coal to replace hydropower that is lost. The company expects sales volume of 45mn tons with much of the sales having been sold in forward contracts already. The share price has been plummeting for seven days straight, down 11%. ( Kao Hoon, 07/07/2017)
BANPU reported that the litigation by Nganthavee group against the company is currently being considered by the supreme court. The company has not set up provisions as it is confident in its innocence. (Thun Hoon, 07/ 07/2017)
Comment: This litigation has been ongoing for years. A brief skim of the documents does indicate BANPU is at fault.

BAY
BAY is confident retail load growth will beat the 7-8% target in 2017. Loans in the last six months have grown 4%. The company does not expect the new BoT regulations to limit credit cards and personal loans will impact its business. The company is preparing a strategy for 2018 to maintain revenue growth. (Thun Hoon, 07/07/ 2017)

BIZ
BIZ expects 2Q7 to be strong after having obtained a project from BDMS worth Bt169mn. It has an eye on two new projects worth Bt100mn in 3Q17 . (Thun Hoon, 07/07/2017)

CPF
CPF is benefiting from improved pork prices. It expects 2Q17 to outperform last year. Export demand is also strong. (Thun Hoon, 07/07/2017)
Comment: And shareholders are not benefitting from the cap increase

EPG
EPG reported interest from Japanese funds. The company says its balance sheet is strong and growth is steady. The lower oil price has benefited by lowering costs. It expects FY18 revenue to grow 10-12% YoY as demand continues to grow. (Thun Hoon, 07/07/2017)
Comment: Weren’t lower oil prices negatively impacting them just 12 months ago? What has changed?

ILINK
ILINK is expected a strong 2Q17 as all business segments are seeing healthy growth. It expects 2017 revenue to grow 15-20%. It announced interest in participating in the project to place power and telecommunication lines underground, but still needs more clarity. (Thun Hoon, 07/07/2017)

PK
PK’s overseas business has been growing strongly especially in the Philippines, Indonesia, and Germany. 3Q17 is expected to be supported by robust demand, which will support 2017 performance. It targets Bt4bn in revenue this year. (Thun Hoon, 07/07/2017)

MAJOR
MAJOR expects a strong 2H17 from block buster movies and new screen openings. Revenue in 2017 is expected to grow 10% YoY. (Thun Hoon, 07/07/2017)
Comment: Still an amazing monopoly

NYT
NYT expects to benefit from 4 EEC projects worth Bt691bn. It is in talks with a foreign investor as a potential partner for the construction of a new port from the current A5 and C0 ports used for automotive export and import . (Thun Hoon, 07/07/2017)
Comment: Another monopoly! This time for all auto exports from Thailand

TAPAC
TAPAC is being restructured into a holding company, expected to finish in 2018. The company is looking to expand its real estate business in Sweden and Thailand. It is also looking to go into a new line of business to diversify income. Revenue this year is expected to grow 50-60%, another record high for the company. (Thun Hoon, 07/07/2017)

TIPCO
TIPCO expects 2H17 to be strong as demand for canned pineapple continues to grow with costs remaining low. It will also expand capacity for its bottled water “Aura” which is helping the company maintain its gross margin of 26-27%. (Thun Hoon, 07/07/2017)

VGI
VGI expects 2017 revenue of Bt4bn as advertising demand is strong. Advertising revenue from the Malaysian MRT also supports growth. The company continues to look for more revenue streams. (Th un Hoon, 07/07/2017)

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>