CKP 
CKP has raised its revenue growth target to 15% from 10%, because the quantity of water has risen increased to support electricity production in Q3. Xayaburi power plant will run operational tests this month. (Kao Hoon, 3/10/18) 
 
CPALL 
Revenue Department allowing Counter Service to be the agent for tourist VAT refund for a sixmonth trial period in just three branches. If the Finance Ministry evaluates that the project should not continue, it can cancel the project. But if the project receives a good response, the Finance Ministry may consider opening bidding for a long-term contract and persuade Central Group and The Mall Group to join again. (Kao Hoon, 3/10/18) 
Comment: That’s just putting more power into a few small hands…great for whichever group wins
 
GUNKUL 
GUNKUL expects electricity production capacity to reach 550MW at year end. It expects growth in all three businesses. It is negotiating with Private PPA customers both at home and abroad. It expects electricity production capacity to reach 1000MW at the end of 2020. (Thun Hoon, 3/10/18) 
Comment: So from the previous day’s news…GUNKUL has stuff in Japan…if the quality of the assets are good enough then why not sell as well?
 
MC 
MC reported that subsidiary Luke Balance purchased 45% of McMillion for Bt11.25mn. The process will complete in October. The acquisition will open the way for it to invest in a warehouse for online and other business, supporting the growth of the e-commerce industry and giving an opportunity for retail business expansion in the future. (Kao Hoon, 3/10/18) 
Comment: I just don’t understand why they would bother doing so, just go through one of the massive players instead of doing your own..
 
MTC 
Chuchat Petaumpai, MD of MTC, says MTC will pass the BoT qualifications. it will ask the BoT for a car leasing license in November. (Kao Hoon, 3/10/18) 
 
PK 
PK has budgeted Bt420mn to set up factory and improve existing machines to support new orders of Bt1.5bn, adding to the current Bt4.5bn. Setup and improvement are expected to be complete at year end. It is expanding customers in the US, Europe and Australia. Current backlog is Bt2bn that will be booked as revenue through next year. (Thun Hoon, 3/10/18) 
 
PORT 
PORT is joining with Mitrphol Group to set up JV to establish a commercial international port. The project will benefit from BOI’s promotional measures. It expects revenue growth of 15% this year, backed by the expansion of imports and exports. (Kao Hoon, 3/10/18) 
 
PTTGC 
PTTGC expects product prices to increase in tandem with the rise in crude oil price. It is running at a high utilization rate. It says it will review its business plan after 3Q18 results are released. (Thun Hoon, 3/10/18) 
 
SF 
SF expects 4Q18 revenue will be good, supported by high season. It expects revenue growth of 6% this year, supported by a rise in customers and new rental area. It plans to sell 50 rai of land in Bangyai this year. (Thun Hoon, 3/10/18) 
Comment: What would they be using the proceeds from this land sale? Divvy? A new project with IKEA? 
 
SMIT 
SMIT says orders from major customers have increased, boosting earnings to 15% growth this year. It plans to set up a new furnace to add Bt15-16mn of revenue each month. It is applying for a license for NADCAP, for aircraft parts hardening. It expects revenue to reach Bt3bn in five years. (Thun Hoon, 3/10/18) 
 
TMILL 
TMILL expects 4Q18 revenue will be outstanding, supported by orders from major customers. This year earnings are expected to be the as same as last year’s Bt105mn. (Thun Hoon, 3/10/18) 
 
TRC 
TRC is bidding for the Bt600-700bn Genius Warehouse project. The conclusion will be known this year. Backlog is Bt6bn. Bt1.5bn of backlog will be booked as revenue this year. It continues to bid for projects with total value of Bt7bn in 4Q18. (Thun Hoon, 3/10/18)

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

This site uses Akismet to reduce spam. Learn how your comment data is processed.