BMCL
Blue Line negotiations, not bids – The cabinet has given the green light to the Mass Rapid Transit Authority of Thailand (MRTA) to negotiate with BMCL with regards to operating the Blue Line extension. In addition, the Transport Minister is ready to bring back the Joint-Venture 2013 law between state enterprises and private operators. (Thai Rath, 05/03/15)
Comment: This should be a positive for BMCL, cuts out a lot of unnecessary redtape

CPN
CPN will invest Bt6.3bn in Central Festival Phuket 1, leasing land and building from CDS. It announced a dividend of Bt0.65/share. (Kao Hoon, 05/03/15)

DTAC
DTAC introducing new service, “jaew”, an application for financial transactions. It will allow DTAC subscribers who do not have bank accounts and live far from a town to transfer and receive money and pay bills. (Kao Hoon, 05/03/15)
Comment: Now this is an interesting service, a way to transfer $ without a bank account

HMPRO
HMPRO expects revenue growth of 15% in 2015. The firm also plans to open at least new eight new stores with a budget of Bt300-500mn/store. Overseas expansion in Malaysia remains intact with a target of one store at a budget of Bt120mn. (Kao Hoon, 05/03/15)
Comment: They came out with decent 2014 earnings despite all the hubbub with the local economy.

MILL
MILL guides that its earnings turned to profit in 1Q15 backed by more orders from lower steel price. The company expects revenue of Bt16bn and is constructing plant in Myanmar to expand capacity. (Than Hoon, 05/03/15)

MONO
MONO will raise the ad rate at the average of Bt10K/min to Bt25K/min as its TV rating is surging. It is targeting revenue of Bt3bn in 2015. (Kao Hoon, 05/03/15)
Comment: MONO is essentially banking that all the $ it spent on buying movies will payoff this year, the problem is whether or not they can maintain the growth in viewership and unless they are willing to spend even more capex on buying movies (further damaging their ROI) their rates will decline.

NCL
NCL will expand its business into ASEAN countries in order to get in on the opportunities in AEC. Its first location is Singapore. This year it expects revenue growth not less than 30% YoY driven by the improving economic outlook. (Kao Hoon, 05/03/15)

PSL
PSL expects its freight rate to exceed industry average. The firm plans to pay off all debt before 2019. At least 24 new ships are expected to come in the next two years with a budget of US$547mn. (Kao Hoon, 05/03/15)

PYLON
PYLON is positive about the outlook for the contractor business in 2015, coming from both government and private sectors. Currently, the firm has backlog of Bt900mn, 80% of which will be recognized this year. In addition, it plans to submit bids for Bt1.2bn in projects, expecting to get 25-30%. (Kao Hoon, 05/03/15)

QH
QH sets revenue growth target of 20% to Bt24bn supported by backlog bookings of Bt6.1bn. The firm plans to launch 30 new projects this year worth Bt33bn. (Kao Hoon, 05/03/15)

TASCO
TASCO expects strong operation in 2015 as it will benefit from Bt40mn in government contracts for maintenance and building surface transport. (Kao Hoon, 05/03/15)
Comment: Plus a stock split coming up as well will keep the punters happy.

TGPRO
TGPRO has received orders from client from Brazil, the world largest sugar exporter. The company plans to increase export sales to 45% from 30% of total revenue. It targets 30% revenue growth. It expects strong 2Q-3Q15 earnings, backed by increasing orders from government projects. (Kao Hoon, 05/03/15)

UV
UV expects revenues growth of 50% in 2015. It plans to launch three new projects under the brand “U Delight” and “Condo U” totaling Bt3.5bn. (Kao Hoon, 05/03/15)