CHG expects to acquire one hospital this year. It expects 1-2 deals to be concluded next year. It expects its expansion plan to raise revenue by 18-20% this year from 2014’s Bt2.7bn. It expects net profit to grow 15% from 2014’s 480mn. Both local and foreign investors are interested in CHG shares. (Thun Hoon, 21/10/15)
Comment: Hence why CHG being viewed as a future BDMS. It does beg the question, why did management sell so many shares between 11-12 baht (pre stock split)

COM7 expects to benefit from launch of iPhone 6S. It expects this to increase sales and net profit in 4Q15. It expects 3Q15 earnings of Bt59mn. It expects 2015 net profit of Bt271mn (+29%). (Khao Hoon, 21/10/15)
Comment: As commented yesterday, buy on the Iphone releases (we call this funnymentals)

CPN expects 2015 revenue to grow 10%. It plans to open CentralFestival Eastville valued at Bt6bn on Nov 27. It has budgeted Bt300mn for a marketing campaign to boost sales in 4Q15. (Khao Hoon, 21/10/15)

DRT expects 2015 net profit to be better than last year. It targets 2016 revenue growth of 5%. It expects government stimulus to lift sales in 4Q15. It plans to increase capacity. (Thun Hoon, 21/10/15)

EFORL plans to sell 17.8mn Wuttisak shares for Bt55/share. It expects to book Bt200mn extra gain in the quarter. It plans to list Wuttisak next year. It expects 2015 revenue of Bt4.2bn with Bt500mn in net profit. It has become a partner with iHealth. (Khao Hoon, 21/10/15)
Comment: I need to visit this company I have far too many questions.

JTS expects to benefit from 4G auction and the government’s ‘digital economy’ because this will raise demand for system integrated management. It plans to bid for those jobs. It has cash on hand of Bt100-200mn with lower D/E at 0.55X. It expects 2016 revenue to turn around. (Thun Hoon, 21/10/15)
Comment: This adds to a list of companies that may benefit from 4G and digital economy, ILINK, CSS, JTS, AIT, MFEC etc etc

KC expects 4Q15 earnings to be this year’s peak backed by property incentives. It expects to book Bt250mn revenue by the end of this year. It has a lot of backlog of houses priced below Bt3mn. It plans to launch a marketing campaign to increase sales and presales in 4Q15. (Thun Hoon, 21/10/15)

KTC reported 3Q15 net profit of Bt499mn which is close to last year. 9M earnings grew 15%. It plans to launch a marketing campaign that is expected to increase spending by 15%. It plans to revise its marketing plan to increase spending. (Khao Hoon, 21/10/15)

MC plans to expand abroad. It is talking to prospective partners in Indonesia and Malaysia which it expects to finalize next year. It is talking to a partner to introduce new products (costume jewelry and accessories). It plans to open 6-7 outlets which will increase the number of outlets to 857 this year. It expects 2016 revenue to grow not less than 15%. (Thun Hoon, 21/10/15)
Comment: We hear that inventory overload is a huge issue for them at the moment.

MILL expects performance to be good backed by its steel plant. It expects to book Bt2.5bn extra gain from a JV and selling land this year. It expects to do a 27MW solar farm investment plan soon. It expects capital increase via PP to succeed. (Thun Hoon, 21/10/15)

NYT expects 15.3% net profit growth until 2017 backed by recovery in the automotive sector and BoI privileges to support eco car manufacture. It plans to expand capacity at A5 port to 1.5mn cars by mid-2016. It has bought more Co shares (49% stake) which will raise its performance. It expects annual dividend yield of 4.7%. (Thun Hoon, 21/10/15)
Comment: A virtual monopoly on all cars exported out of Thailand.

PLANB expects 3Q15 earnings to be good backed by revenue from selling ad space. It expects 2015 revenue to be no lower than Bt2bn. It expects a JV with Malaysia to be concluded this year. (Khao Hoon, 21/10/15)

PTT plans to import 1 mn tons of LNG from Petronas to meet high demand. It plans to invest in an LNG warehouse for phase 2 and phase 3 which will increase capacity by 15mn tons/year. It expects oil price to stay low. (Thun Hoon, 21/10/15)

PYLON is talking to ITD for foundation job for MRT Green Line. It expects 2016 revenue to be better. It expects 3Q15 earnings to be the lowest of this year. It expects 2015 revenue and net profit to be higher than last year. (Khao Hoon, 21/10/15)

SLP expects 2015 revenue to grow 10% aided by new customer base. 3Q15 financial statement will be presented to the board on Nov 11. (Thun Hoon, 21/10/15)

SMT expects to show a net profit in 3Q15 from 3Q14’s net loss of Bt68.24mn on the back of the baht depreciation and increasing high margin orders. It expects 2015 revenue to grow 10% backed by expanding customer base. It has budgeted Bt200mn to introduce premium products. (Thun Hoon, 21/10/15)
Comment: I haven’t dived deeply into their business and customer base for a number of years (since they were the darlings for manufacturing blackberry’s) but if a recovery is on the cards then it looks fully priced in.

TCMC expects 2016 revenue to be the best in three years aided by Alstons Group. Its subsidiary is benefitting from recovery in the automotive sector. It has budgeted Bt1bn for acquisition. 3Q15 is expected to be good and 4Q15 will be a record high on seasonality. (Thun Hoon, 21/10/15)

TPAC expects to expand abroad. It targets exports to comprise 20% of revenue. 3Q15 is expected to be good. It expects 2015 revenue to grow 10-15% after it has achieved Bt812mn in 1H15. It plans to invest in a new warehouse, which is expected to be finished this year. (Thun Hoon, 21/10/15)

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