ARROW
ARROW expects earnings to grow supported by its pipeline business and system construction job, where it has a market share of more than 60%. It expects to get an underground cable job from the government worth more than Bt140bn. (Thun Hoon, 18/10/16)
Comment: Thun Hoon must’ve mistyped a few zeroes here.
 
AUCT
AUCT plans to bid for property and expects to book Bt3mn revenue in 4Q16. It has two new deals and plans to bid in November. It expects 4Q16 to be peak and 2017 revenue to recover supported by a rise in repossessed vehicles to over 160k. (Thun Hoon, 18/10/16)
Comment: If this is the case would we continue to see further NPL’s, bad debts, provisions increasing at all of the finco’s?
CHOW
CHOW announced that its 587.68Kw solar farm “Fukui” in Japan has already COD. This will push its capacity in hand to 24MW. (Kao Hoon, 18/10/16)
CPALL
CPALL expects earnings to be outstanding, supported by seasonal factors and the 7-Eleven stamp program. It expects this will bring 4Q16 profit to a new high. (Thun Hoon, 18/10/16)
CPF
CPF subsidiary spent Bt538mn to acquire 60% of Foodfellas in England, which has more than 15,000 branches nationwide. It plans to expand to food service. Funding was obtained via loans from financial institutions. (Kao Hoon, 18/10/16)
CWT
CWT will guarantee a contract between a subsidiary and another party to construct a solar farm. This contract will give it 49% share in Blue Solar Farm #3. (Thun Hoon, 18/10/16)

ECF
ECF plans to expand business to ASEAN, and expects this to push revenue growth. It expects 2016 earnings to reach its target of 12-15% growth and expects 2H16 to be a new high, supported by high season. (Thun Hoon, 18/10/16)
GPSC
GPSC expects 9M16 profit of Bt2.3bn, growth of 47% YoY. It expects 3Q16 profit of Bt760mn backed by booking dividend from RPCL and a full quarter of revenue from its power plant in Nava Nakorn. (Kao Hoon, 18/10/16)
ILINK
ILINK plans to take part in upcoming bids. It hopes to increase its backlog from Bt2-3bn now, which can cover revenue for the next three years. It expects to revise its down 2016 revenue target of 15% growth from 2014’s Bt3.07bn after reporting 3Q16 earnings because delays in underwater cable project bids. (Thun Hoon, 18/10/16)
JWD
JWD expects to open a 4,400sqm warehouse in Cambodia in October. It expects 4Q16 performance to recover on improved exports. (Kao Hoon, 18/10/16)
Comment: People are waiting for the supposed REIT
PERM
PERM is budgeting Bt300mn to buy five machines in order to ramp up its steel structure and PU roof capacity to meet the high demand. It plans to list its subsidiary. It expects to benefit from the 70% jump in steel price, the government’s anti-dumping moves, and higher local demand from mega projects. It expects 2016 revenue to grow 10%. It plans to cooperate with an Australian investor to invest in solar roof. (Thun Hoon, 18/10/16)
PJW
PJW targets 2017 revenue growth of 5-10%. It plans to expand to abroad and plans for this to comprise 20% of total revenue within three years. It is budgeting Bt400-500mn to do a JV and acquisition. (Thun Hoon, 18/10/16)
SCC
SCC expects 3Q16 net profit to be higher than Bt13.9bn, up 55% on the back of strong petrochemical unit and construction materials unit as well as higher capacity from abroad. It is one of the companies with a high dividend payment. (Thun Hoon, 18/10/16)
SELIC
SELIC will begin trading on mai today. Its IPO price was Bt2.9/share. It expects 2016 net profit to reach Bt45-48mn aided by good performance in 2H16. It expects a good response from investors. (Kao Hoon, 18/10/16)
Comment: A small IPO that has naturally performed very well
 
TOG
TOG targets 2017 revenue growth of 10% brought by a broader customer base. It plans to expand abroad, especially to the U.S. and ASEAN. It is budgeting Bt300mn to increase capacity. (Thun Hoon, 18/10/16)
TPBI
TPBI expects 2016 sales to be above Bt5bn on the back of an uptrend in HVA products. It plans to cooperate with PTTGC and the Thai Red Cross Society to invest in plastics for medical applications, which will help grow revenue. (Kao Hoon, 18/10/16)

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>

This site uses Akismet to reduce spam. Learn how your comment data is processed.