COM7
COM7 reported 3Q17 earnings of Bt150mn, growing by 66% with revenue of Bt5.529bn, up 39.80%, backed by an increase in distribution channels and the launch of a marketing campaign. (Thun Hoon, 10/11/17)
Comment: That’s impressive numbers from COM7
FTE
FTE reports 3Q17 earnings of Bt40mn, up 90%. It announced a dividend of Bt0.07/share, XD on 20 November. It believes 2017 earnings will achieve an 18-year high and targets revenue to increase by 20% to Bt994mn. (Khao Hoon, 10/11/17)
IVL
IVL has purchased PTA production and utilities businesses in Portugal to strengthen its business and support revenue growth. (Thun Hoon, 10/11/17)
Comment: IVL reminds me of the cookie monster, going around the world and acquiring everything it can see
LPN
LPN reported 3Q17 earnings of Bt202.72mn, down 34.50% from a fall in real estate revenue. It has backlog of Bt7.4bn, of which Bt1.95bn will be booked as revenue in 4Q17. It is going to launch two new projects worth Bt3.5bn. (Khao Hoon, 10/11/17)
Comment: Basically they are trying to dump their inventory onto the market, hence the lower GPM’s
MONO
MONO’s 3Q17 earnings turned around to Bt70mn, growing by 600% supported by the rise in ad rate for MONO 29. 9M17 earnings reached Bt145mn. (Khao Hoon, 10/11/17)
Comment: Every player in the digital tv space seems to have had an impressive 3Q
NOK
NOK believes it has bottomed out. It projects load factor in 2017 of 82% and targets load factor in 2018 at 90%. It plans to penetrate China and India. It believes losses will be lower in 2018 and to return to net profit in 2019. (Khao Hoon, 10/11/17)
Comment: Well given that someone else is running the company perhaps things may improve, at times I have wondered how important management is in a company, in the case of NOK I’m not sure if it’s because of the size of the fleet that prevents them from competing or the management themselves. Perhaps both in the past?
SIRI
SIRI has budgeted Bt2.8bn to invest in six leading international technology and lifestyle brands, to expand into new businesses and support revenue growth in the long term. (Thun Hoon, 10/11/17)
TPCH
TPCH filed bidding papers for an SPP Hybrid Firm with capacity of 20 MW. It believes production capacity will increase to 200 MW in 2020. It reported 9M17 earnings of Bt130.69mn after its biomass power plant is operating and providing a steady run of power. (Khao Hoon, 10/11/17)
Comment:  So their 3Q #’s had a another write off for a BE (pace?) 
VGI
VGI is going to partner with local business in Indonesia to expand its advertising business in the subway in Indonesia. It plans to complete the installment of advertising medias in 31 stations in Malaysia’s rapid transit system within 1-2 years. It believes the advertising businesses in Thailand has a positive outlook in 4Q17 after utilization rate increased to 70% in NovemberDecember. It also believes 2017 revenue will reach the target of Bt4bn. (Thun Hoon, 10/11/17)
Comment: It does look like they’ll be winning something via their relatively small its partner in Indo

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