IRCP
IRCP expects 2016 revenue and net profit to grow 50% because it plans to take part in Bt5bn bids. It expects winners of the Bt1bn in public projects up for bids to be announced soon. It expects to complete a deal (investing in E-commerce) with a Korean investor in 2Q16. (Khao Hoon, 11/04/16)
LIT
LIT will pay dividend of Bt0.18/share, XD on April 25. It targets no less than 30% growth in loans, revenue, and net profit in 2016. (Khao Hoon, 11/04/16)
MEGA
MEGA expects 2Q16 earnings to grow 5-10% aided by increasing sales. It plans to launch seven new products this year. It is budgeting Bt540mn to invest in a distribution center in Myanmar. (Khao Hoon, 11/04/16)
Comment: And yet their growth hasn’t really materialised. I still like their distribution business in Myanmar and this should pay off for them in the future but for now things don’t look exciting.
RICHY
RICHY plans to launch The Rich condo at Nana in May, valued at Bt3.7bn. It expects its good location to be a strength. It will hold a roadshow in Bahrain in May. (Khao Hoon, 11/04/16)

SAMCO
SAMCO expects 1Q16 earnings to be good thanks to property incentives. It expects presales to hit Bt350-400mn. It plans to launch SDH and townhouse projects valued at Bt2bn in 2Q16. (Khao Hoon, 11/04/16)
SOLAR
SOLAR got Bt237mn orders from Defence Energy Department. It has completed a deal to sell solar cells to REC Solar Singapore valued at Bt22.8mn, expects to transfer in 1Q16. It expects a solar farm for a government unit to announce the qualifying candidates on April 18. (Khao Hoon, 11/04/16)
STPI
STPI expects 2016 earnings to be good. It expects to get Bt15-20bn projects in 4Q6. It expects work on hand to contribute Bt11bn revenue. It plans to take part in bidding in 2017 and expects this to provide Bt15-20bn in projects. (Thun Hoon, 11/04/16)
TAKUNI
TAKUNI expects to recognize Bt700mn revenue after its subsidiary acquired a 51% stake in CAZ shares. It expects 2016 revenue to hit Bt2bn. It has budgeted Bt30mn to invest in office and plants. (Thun Hoon, 11/04/16)
TOG
TOG is talking to a prospective partner. It expects a decision to be made in 4Q16. It targets 2016 revenue to grow 15% on the back of high demand. It is budgeting Bt800mn to expand its market. (Thun Hoon, 11/04/16)
Comment: Still one of my favourite optical companies but I now put a question mark on their ability to maintain these high margins and growth
TPCH
TPCH will supply an 8MW power plant at Mahachai. It is investing in another 106MW; 83MW has received its PPA. (Khao Hoon, 11/04/16)
Comment: Again the same story, PPA’s onhand, its building them, and hopefully in the future they’ll win more
TPIPL
TPIPL plans to list TPI Polene Power in 4Q16. It expects this to reduce its capital investment. It plans to give existing shareholders rights to subscribe to the IPO. TPI Polene Power is investing in a 70MW RDF power plant and expects to supply electricity in 2017. (Thun Hoon, 11/04/16)
Comment: And the turnaround in performance continues for TPIPL
TVO
TVO expects soy pulp price to increase about 5-6% affected by La Niña in South Africa. (Thun Hoon, 11/04/16

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