BCH targets 2018 revenue to grow by 12-15% from last year backed by full-year revenue of higher social security reimbursement and outstanding growth from WMC. It says Kasemrad Ramkhamhaeng hospital is going to open for service in 4Q18 and has budgeted Bt1.19bn for hospital expansion in 2018. (Thun Hoon, 16/03/18)
Comment: There’s a lot hinging upon the performance of WMC for BCH
BCP targets oil sales volume to grow by 5-7% and plans to add more 80 gas stations in 2018. It plans to list its subsidiary, BBGI, on the stock market in 4Q18. (Thun Hoon, 16/03/18)
COL targets 2018 revenue of Bt13.1bn, of which Bt8.6bn is revenue from Office Mate and Bt4.5bn from B2S. It has budgeted Bt700-750mn to add more outlets and renovate existing ones. It plans to franchise Office Mate to increase revenue; it expects to finalize this plan in June 2018. (Thun Hoon, 16/03/18)
Comment: So for the next few years it doesn’t look like COL will match the previous years performance which was due to a one-off transaction.
COMAN continues its plan to acquire more businesses to strengthen its company and it expects to close 1-2 deals this year. It expects to have six subsidiaries within three years and targets 2018 revenue to grow by 15-20%. It is going to ask the board for permission to sell MSL shares on April 25. (Thun Hoon, 16/03/18)
IVL recently closed a deal to acquire a PET business in Brazil with production capacity of 300,000 tons/year. It expects this will boost earnings by Bt500mn/year. It is going to report this deal to the SET next week and expects to close another deal on acquiring a business in the U.S. soon. (Khao Hoon, 16/03/18)
Comment: And the acquisition machine continues
JKN says its series are very popular with viewers. It has budgeted Bt600mn to acquire content licenses from abroad and says it is negotiating to sell content to TV channels, which it expects to finalize in 2Q18. It targets 2018 revenue to grow by 25% to Bt1.5bn. (Khao Hoon, 16/03/18)
Comment: They have an ambitious plan to become the largest content seller in SE Asia.
MC is expanding to overseas markets. It plans to open new stand-alone shop in Myanmar and recently opened two shops in Iran. It says non-denim products have received good response from the market and plans to sell shoes. It projects 2018 revenue to grow by 15%. (Thun Hoon, 16/03/18)
SVI targets 2018 sales of Bt14.5bn from 2017 sales of Bt12.681bn after raw material shortage issue ended. It has budgeted Bt650mn to buy new machinery, which will raise capacity by 30%, with sales of Bt16bn. (Thun Hoon, 16/03/18)
Comment: And they still have that share buy back in place