BRR
BRR plans to propose a plan to invest in a premium grade refined white sugar plant to the board in April. It is going to start the production of bagasse products in the end of 2018. It says sugar cane volume in 2017-2018 production season is at 2.9mn tons, which will generate sugar volume of 340,000-350,000 tons and sugar price in the global market is at 13-15 cents/pound. It also plans to join VSPP bidding. (Thun Hoon, 20/03/18)

CRD
CRD has received a Bt193.67mn construction project for Bangkok Air Catering in Chiang Mai. It will continue to acquire projects from the private sector, which will raise revenue proportion from this segment to 60% from 15%. It currently has backlog of Bt978mn and it projects revenue proportion from government projects will be 40% this year. It also plans to expand to AEC markets. (Thun Hoon, 20/03/18)

DDD
DDD targets 2018 revenue to grow by 30%, as it plans to launch four new SKUs and to continue to expand its coverage in China after its products have received good response from customers. It also plans to partner with a new party to export products to a new country, which it expects to finalize within this year. (Thun Hoon, 20/03/18)
Comment: It will have to do more than this in order to maintain their current valuations. But if you walk around the convenience stores in Bangkok you’ll see their products more prominently than in the past.

ETE
ETE plans to join the bidding for big projects worth Bt15bn, of which it expects to receive 20%. It targets backlog in 2018 to increase to Bt2.3bn and plans to triple margin for the outsourcing business within three years. It targets 2018 revenue to grow by 20-30% and it currently has backlog of Bt1.5-1.6bn. (Thun Hoon, 20/03/18)

KOOL
KOOL targets 2018 revenue to grow by 25% as it plans to fully expand to overseas market. It expects the hot weather to drive demand for its products up sharply It has budgeted Bt30mn for advertising and marketing activities. (Khao Hoon, 20/03/18)

NOK
NOK says its recovery plan is successful, with positive earnings for the past three months (December 2017- February 2018) of Bt104.7mn and cabin factor rose to 93%. Passengers on its charter service to China also grew substantially by 183%. (Khao Hoon, 20/03/18)
Comment: Well as long as they aren’t messing around with oil prices they should be ok

PORT
PORT signed a contract to provide services with a new client, ONE Line which is a global Japanese transport company. It expects this will underwrite strong revenue growth in 2018. It has budgeted Bt300mn to expand its maintenance center and warehouses in order to support increasing jobs. (Thun Hoon, 20/03/18)

RML
RML is going to launch two new condominiums worth Bt9bn and plans to expand to hotel and food and beverage businesses in order to raise recurring revenue. It believes revenue will reach Bt10-12bn within five years. (Khao Hoon, 20/03/18)

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