AOT
AOT is confident it will have revenue growth of 8%, driven by more flights and tourist arrivals. It targets tourist arrivals of 180mn within 10 years. (Khao Hoon, 19/6/17)
Comment: And this will mainly be driven by China

BTS
BTS with STEC and RATCH will sign the contracts for the Pink and Yellow lines worth Bt92.4bn. It has hired Bombardier to produce the carriages and train system, valued at Bt50bn. BBL will extend loans worth Bt70bn. (Khao Hoon, 19/6/17)
Comment: The duopoly that is mass transit continues, on a positive note at least it has gone ahead, it does imply that the government is going ahead with the infra plans

EA
EA is open for a joint venture. It plans to enter Phase 2 of energy storage business worth Bt98bn to support earnings growth long term. It plans to steadily enlarge its power production. (Thun Hoon, 19/6/17)
Comment: People do really believe that this will add 10-15 baht/share to EA’s target price

EARTH
SEC to maintain “SP” on EARTH until that the company can provide more details about its financial position. It is supposed to pay interest on loans worth Bt1.5bn today. (Khao Hoon, 19/6/17)
Comment: Looking forward to seeing what management does next here

EGCO
EGCO expects 2017 earnings to be outstanding driven by selling electricity from three new power plants with total production power of 365MW. It expects earnings from both domestic and foreign units. (Thun Hoon, 19/6/17)

GENCO
GENCO to negotiate with Japanese partner. It plans to set up an iron-extraction plant, with more details in 3Q17. It says it expects good 2Q17 earnings, driven by all businesses. It also plans to negotiate with a new power plant start-up. It believes that 2017 revenue will grow 30%. (Thun Hoon, 19/6/17)

PM
PM to expand in China to expand its marketing channels to support long term earnings growth. (Thun Hoon, 19/6/17)
Comment: That had given a nice little pop to their share price in the past week or so. I do doubt PM management’s capability to do anything dynamic like TKN. 

RATCH
RATCH is interested in the government’s solar farms. It also expects to conclude an M&A deal with a partner abroad within two months. (Khao Hoon, 19/6/17)

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