APM establishes new subsidiary for leasing business in Laos. It is going to extend its first lot of loans amounting to Bt50mn. It plans to complete six IPO deals this year and to expand its consulting service to strengthen its business. (Thun Hoon, 9/1/18)
Comment: These are the guys that list a lot of the smaller name companies in Thailand
BTS announced a dividend of Bt0.165/share, implying total payment of Bt1.9543bn. XD will be on January 18, 2018 with payment on February 2, 2018. (Khao Hoon, 9/1/18)
COM7 says 1Q18 revenue will be better than 1Q17’s Bt4.91bn, backed by the launch of iPhone X. It plans to add 100 stores covering all regions in the country. It is also certain that 2017 revenue will reach the target of Bt20bn. (Thun Hoon, 9/1/18)
Comment: They are blanketing the nation in their stores.
HARN believes 2018 revenue will exceed Bt1.4bn on backlog of Bt320mn, of which 90% will be booked as revenue this year. (Khao Hoon, 9/1/18)
LALIN plans to issue a new bond worth Bt1.2bn in order to refinance existing debt and strengthen its financial position. It targets 2018 revenue to reach Bt4bn, as it has a lot of projects to be booked as revenue. It plans to launch 10 new projects worth Bt5bn, raising its backlog to Bt900mn, which will be booked as revenue until 2Q18. (Thun Hoon, 9/1/18)
PSTC expects to get a huge 50MW energy project overseas worth Bt2bn in 1Q18 and expects to start commercial operation of 37.6 MW capacity this year. It says it will bid for a new EPC project worth Bt5bn and sees a good chance revenue will grow 100%. (Thun Hoon, 9/1/18)
Comment: A surprising winner in the SPP bids last month.
TPIPP plans to start commercial operation of 440 MW capacity in 2018. It says the contract for selling electricity of TG4 and TG6 power plant is an adder contract at Bt3.5/unit. It also plans to join the bidding for three power plants, expecting to win two of them with total capacity of 20 MW. (Thun Hoon, 9/1/18)
Comment: Same story for TPIPP, continuous growth and a potential increase in dividend for the next 2 years
TVO views sees bottom for the food industry in 2018 on recovery of consumption in foreign countries, increasing Thai broiler meat exports, which will support farmers to expand broiler production. It believes 2018 revenue will grow by at least 3-5% in tandem with industry growth. It is researching expansion into a new business line. (Thun Hoon, 9/1/18)
Comment: Commodity cycle play, now looks to be an upturn
UREKA targets 2018 revenue to grow by 30% from last year backed by solid backlog and BOI’s 100% tax exemption for robotics and automated systems. It is going to bid for a new project worth Bt150mn; the winner will be announced in 2Q18. (Thun Hoon, 9/1/18)