BSM
BSM expects 2H16 earnings to be good supported by high season. It expects to get Bt50mn in orders from Myanmar and Cambodia. It is confident that 2016 profit will be higher than last year and expects revenue of Bt700mn. It is negotiating with a partner to expand its business. (Thun Hoon, 12/07/16)
BEW
BEW has set up a subsidiary, Be Green Development Company Limited, to engage in the property business. It expects to support industrial estates in the renewable energy industry. (Khao Hoon, 12/07/16)
CI
CI doing a commercial project in Cha-am to support its revenue and expects it to conclude in 2017. It has a new Bt4.7bn project of to add to its backlog of Bt3bn. It expects 2016 sales to go over Bt3bn, supported by the tax stimulus. (Thun Hoon, 12/07/16)
Comment: In the past few years their strategy has evolved to provide a more consistent 
CPF
CPF expects 2Q16 net profit of Bt4.11bn or growth of 38%, supported by domestic business growth and booking Bt1.5bn in profit from the sale of CPALL shares. It expects to report earnings on Aug 11. (Khao Hoon, 12/07/16)
Comment: Love the trading gains in CPALL!

 
DRT
DRT expects to increase revenue portion from exports to 20% from 16% in three years. It plans to expand to CLMV+I due to high demand. It plans to add more product lines such as lightweight walls and fiber cement roof. It expects 2H16 earnings to be outstanding and support 2016 revenue growth of 5%. (Thun Hoon, 12/07/16)
FORTH
FORTH plans to expand its business to produce electric vehicle charging system to support electric cars that will be imported into Thailand soon. It has been talking with a partner to set up a charging station. It is confident that 2016 revenue will hit its target of Bt5.8bn. It expects to get government jobs. (Thun Hoon, 12/07/16)
Comment: Thats interesting, but how scalable is this going to be? Otherwise FORTH is just another way to get into FSMART
 
GLAND
GLAND expects 2Q16 earnings to be good supported by rental business growth. It plans to open a rental office building, “G Tower”, in September and expects to realize revenue in 3Q16. Occupancy is at 70%. (Khao Hoon, 12/07/16)
Comment: The only question here is, when is the REIT?
 
HPT
HPT expects to set up a subsidiary with a partner from New Zealand in 3Q16. It expects this to increase its channels to expand to AEC. It expects 2Q6 earnings to be good. It expects 2016 revenue to grow 15-25% as targeted. It expects 2H16 performance to be good after increasing capacity. (Thun Hoon, 12/07/16)
IFEC
IFEC says its subsidiary (Smart Tree) has signed an MoU with Netposa Technologies, the 3 rd software company, to operate in Smart Home and Smart City. It expects this to bring it gains from the digital economy. (Thun Hoon, 12/07/16)
Comment: Anyone else confused by the business strategy of this company?
 
KOOL
KOOL expects 2016 revenue to grow 50% due to higher temperatures and cooperation with SINGER, which will bring up its net profit margin to 10%. It plans to expand to Africa, New Zealand, South America, and Australia in 2H16. (Khao Hoon, 12/07/16)
MALEE
MALEE expects to revise up 2016 revenue target after 2Q16 earnings outperformed from expanding abroad. It expects gross margin to be higher than 33% in this year. It plans to launch new products for ASEAN market. (Thun Hoon, 12/07/16)
Comment: A frustrating miss on our part…..their expansion to 
PTTEP
PTTEP has signed a MoU with Oman Oil Company Exploration and Production (OOCEP), seeking ways to share expertise and information in relevant areas of mutual interest, according to company executives. (Bangkok Post, 12/07/16)
SF
SF expects 2H16 earnings to be good on seasonality. It expects 2016 revenue to grow 25% brought by higher rentals and increasing leasable area. It is budgeting Bt600mn to renovate Tungmahamek shopping mall. (Thun Hoon, 12/07/16)
STPI
STPI plans to take part in Bt200bn bids, which are both local and international projects. It expects one project to put up for bid in 2H16. Its work on hand is Bt10bn. It expects 2016 revenue to reach Bt9bn with retained earnings of Bt8.6bn. (Thun Hoon, 12/07/16)
Comment: That’s a rather large value for this company to bid for
SUPER
SUPER expects 2Q16 net profit of Bt350-375mn, bringing 1H16 earnings to Bt400mn. It expects 2H16 net profit to be peak, boosted by solar farm. (Khao Hoon, 12/07/16)
TCJ
TCJ expects 2H16 earnings to be good from mega projects. It expects this to increase demand for machinery such as tractors, excavators, and cranes. It expects 2016 revenue to grow 10% as targeted, aided by large orders. (Thun Hoon, 12/07/16)
    • Yes but… If you’re looking to add to that list of dodgy short candidates to hedge your portfolio when the market turns, it appears you’ve already started the contrarian analysis. Luck is what happens when preparation meets opportunity.

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