CMC
CMC expects 2018 earnings to be a record high with revenue of Bt2bn expected. In 1H19, it plans to launch five property projects with total value of Bt5bn. It expects presales of Bt5bn this year. (Kao Hoon, 9/1/19)

III
III expects revenue growth of 15-20% this year and has set capex of Bt500mn to expand warehouses and its business. It is studying to make acquisition and joint venture deals, planning on one deal each year. It has set up a joint venture with AirAsia and AirAsiaX to handle air freight and is looking companies to enter into joint ventures investment in chemical warehouses in EEC. A decision is expected in this or next month. (Thun Hoon, 9/1/19)

IVL
IVL expects earnings of Bt30bn in 2018, supported by wider PET spread. This year, it will book a full year of revenue from companies it acquired and it is closing the deal to acquire a PTA-PET factory in the US, underpinning its long-term growth. (Kao Hoon, 9/1/19)

JKN
JKN is selling content copyrights and doing a roadshow abroad. It expects a good response to Nakhee 2 movie, raising earnings to Bt342mn this year, +7%YoY. This year’s revenue is expected to be Bt1.6bn. (Thun Hoon, 9/1/19)
Comment: There seems to be confusion over the share sales to the BCH owner.

KTB
KTB is preparing a rehabilitation plan for EARTH, appealing to the Central Bankruptcy Court for reconsideration. At the same time, it is taking action against twelve former employees involved with EARTH credit approval, including Kittiphun Anutarasoti, former MD of the large corporate department. He will publish a statement today. (Kao Hoon, 9/1/19)
Comment: This could go on and on and on and on.

LIT
LIT expects to provide loans of Bt13bn this year and expects revenue growth of 20%. It expects earnings to be a record high with NPL ratio capped at 3%. It believes the clearer path to an election will push loan growth. (Thun Hoon, 9/1/19)

SUPER
SUPER is planning to set up Super Energy Infrastructure Fund (SUPERIF), with an IPO at the end of January or early February; the SEC has not yet given its okay. The SEC has 165 days for consideration after the date of filing. (Kao Hoon, 9/1/19)
Comment: SUPERIF? Love the name. And yes it has actually been filed, you can view it here https://www.set.or.th/en/company/ipo/upcoming_ipo_infrafund.html and go to the SEC’s website for the filing details. So I can no longer make fun of this name…

TIGER
TIGER is waiting for results of a bid valued at Bt900mn. It expects to be awarded 80% of this, adding to current backlog of Bt1.2-1.4bn. In 2019, it expects revenue growth of more than 30% to Bt1.4bn with a focus on high-margin jobs and cost management. (Thun Hoon, 9/1/19)
Comment: One of the few IPOS from 2018 that surpassed it’s IPO price thus far, and this despite the market falling.

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