CPN
CPN to invest Bt5bn to launch Central Village, expected to open in 3Q19. It will book revenue from new department stores. In 2H18, it will open two new stores. (Khao Hoon, 25/4/18)
Comment: Management has publicly come out to say that this is to target tourists in Thailand, although they put the % at 30-40% of total visitors
CPF
CPF said 1Q18 earnings grew, and targets 5% annual growth for its food processing business. It plans to issue bonds worth Bt12bn-15bn in 2Q18. (Khao Hoon, 25/4/18)
DIF
DIF announced a dividend for Jan-April 2018 of Bt0.3375/share. (Khao Hoon, 25/4/18)
HARN
HARN said it benefits from stronger THB, as it drives costs down. Management said revenue in 1H18 is as expected. It targets 2018 performance to grow 10% with current backlog of Bt392mn. It plans to get a new project worth Bt200mn (Thun Hoon, 25/4/18)
HMPRO
HMPRO reported 1Q18 earnings of Bt1.25bn, +19.33% with total revenue of Bt15.9bn or 4% growth. The HomePro Expo fair is expected to boost sales. (Khao Hoon, 25/4/18)
Comment: It’s just incredible what this company continues to achieve with profit growth despite the weak macro outlook
ML
ML plans to have personal loan business. This is expected to be clearer in 2Q18. (Thun Hoon, 25/4/18)
PACE
PACE has gained some breathing room with Bt10bn from selling parts of its business to buy back shares PP1-PP3 from Apollo-Goldman Sachs. It plans to use Bt4bn to pay off its B/E and bank loans. It expects 2019 earnings to turn around, driven by earnings from Nimit Langsuan of Bt8bn. It has no plans to sell Dean & Deluca. (Khao Hoon, 25/4/18)
Comment: It’s a still a POS 
TVO
TVO said the business is doing well since the biggest soybean exporters are facing drought, driving selling prices and margin up. It plans to launch new products in 2H18. (Thun Hoon, 25/4/18)
Comment: Believe that this is all priced in
VGI
VGI Global Media has spent Bt5.9 billion to buy a 23 per cent stake in Kerry Express (Thailand) Ltd, a domestic express delivery service, according to a filing with the Stock Exchange of Thailand (SET) yesterday. A source close to the deal said that some of the funds for the stake acquisition would come from borrowings from Bangkok Bank Plc. (The Nation, Khao Hoon, 25/4/18)
Comment: And then prep Kerry Express to go public as well?
WHA
WHA said 2Q18 earnings are still strong, driven by land sales. It has sold 300-400 rai of land, including backlog of 600 rai. It expects 2018 land sales to reach 1,400 rai. (Thun Hoon, 25/4/18)

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