CBG
CBG is confident that sales in 2Q16 WILL continue to grow supported by expansion in domestic and export markets. It plans to do marketing in Europe after being chosen as a sponsor for Chelsea Football Club. It expects 2016 sales to grow 15-20% and gross margin to reach 40%. (Thun Hoon, 1/6/16)
CWT
CWT expects 2016 revenue to reach Bt1.6bn. It expects to increase seat factory capacity in Cambodia. It expects 2019 production to increase to 1 million cars from capacity of 6,000 cars per month. It plans to invest in power plant and expects to clarity in 3Q16. (Thun Hoon, 1/6/16)
IEC
IEC spent Bt100mn to buy 25% of SK1 power plant. After the transaction it will hold 100%. It expects ROI of 13.12% per year. (Kao Hoon, 1/6/16)
Comment: Well ok, they will have to raise more capital to achieve their dreams
 
J
J expects revenue and profit to be a new high. It has budgeted Bt1bn to expand branches, acquire a business and buy land for development. (Kao Hoon, 1/6/16)
Comment: Similar business model to SF, in the end its a sqm leasing game.

 
JMART
JMART is negotiating to buy a commerce and technology business for Bt100mn. It expects ROI of more than 12%. It targets 2016 revenue growth of 30% from Bt9.5bn in 2015. (Thun Hoon, 1/6/16)
MAX
MAX board approved a capital increase to Bt45.30bn. It is negotiating to buy three SPP power plants with a capacity of 120MW per plant. It expects to book revenue from condominium of Bt370mn. (Thun Hoon, 1/6/16)
Comment: Whaaaaaaaaaaaaat? I hope there’s a typo here.
 
NWR
Bt500m set for Asean concrete JV – NAWARAT PATANAKARN PLANS PRE-CAST FACTORY IN MYANMAR. NAWARAT Patanakarn, one of Thailand’s top five construction companies, has set a budget of more than Bt500 million to invest in Asean, mostly in pre-cast concrete production and infrastructure projects in Myanmar this year. (The Nation, 1/6/16)
Comment: Well that’s an interesting development.
 
TGPRO
TGPRO expects 2Q16 earnings to turn to positive due to reduced cost and more demand. It has an order from an Australia customer for 2,400 tons/year. It expects list its subsidiary on the market. (Thun Hoon, 1/6/16)
TPOLY
TPOLY is ready to turn around. It is bidding for new jobs worth more than Bt10bn and expects to get no less than 10%. It is confident that 2016 revenue will grow 10% supported by its backlog of Bt4.5bn. It plans to launch a new single house project worth of Bt350mn. (Kao Hoon, 1/6/16)
TSR
TSR expects revenue and profit average growth of 35.6% each year supported by many factors. It plans to expand abroad, next to Vietnam. (Thun Hoon, 1/6/16)
TTA
TTA expects 2Q16 continue to in the red as the BDI has no signs of recovery. It believes that it already passed the bottom and expects to have profit in 2016. (Kao Hoon, 1/6/16)
Comment: Unless there 1) More shippers going bankrupt 2) Global trade sky rocketing both TTA and PSL will continue to suffer.
 
UREKA
UREKA expects to book revenue of Bt75mn in 2H16. It expects to have profit this year. It will increase its margin to reach 30%. It will bid for new jobs worth Bt200mn and expects to get 50%. (Thun Hoon, 1/6/16)

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