A plans to open new projects worth Bt6bn to bring its backlog to Bt1bn. It expects 2016 revenue to grow 30% from Bt4.45bn last year, supported by more transfers. (Thun Hoon, 29/08/16)
Comment: One of the most stable stock price charts I have ever seen
AKR expects 3Q16 to turn to profit after booking backlog. It expects to bid for a new job in Thailand in 2H16. It targets 2016 revenue of Bt2.5bn and plans to do a JV with in Indonesia and Vietnam with local partners for power plants abroad. (Thun Hoon, 29/08/16)
AMA has filed for an IPO with the SEC of 108mn shares. It expects to expand its fleet and vehicles to allow it to get in on potential in Thailand and abroad. (Kao Hoon, 29/08/16)
Comment: No idea who this is, but looking forward to seeing another first day bounce
BANPU is preparing to increase capital of Banpu Power or BPP to shareholders at a ratio 18-25 BANPU shares to 1 BPP share. It will pay an interim dividend of Bt0.25/share, XD on Sep 8. (Kao Hoon, 29/08/16)
Comment: Another capital increase. Getting ready for the listing of BPP in the near future perhaps. 
BBL will pay an interim dividend of Bt2/share, payment on Sep 23. (Kao Hoon, 29/08/16)
BDMS expects 3Q16 to be outstanding due to high season and more customers. It expects 2016 profit to reach Bt9bn, growth of 15%. It plans to expand to 50 hospitals within 2-3 years. (Kao Hoon, 29/08/16)

ERW is confident that 2016 revenue will expand no less than 10%, supported by profit and revenue in 2H16. It expects 3Q16 revenue of Bt1.43bn, up 18%, backed by more tourists. It plans to add eight hotels and targets 23 hotels in Thailand and abroad by the end of this year. (Kao Hoon, 29/08/16)
Comment: The kicker everyone is still waiting for is the REIT, whenever that may be announced…
FSMART expects continued growth in 2H16, supported by economic recovery. It expects 2016 revenue growth of 30% from Bt1.68bn in 2015. It plans to expand “Boon Term” to 90k machines this year from 83k machines. It plans to also fuel machines. (Kao Hoon, 29/ 08/16)
Comment: After 2016 we are expecting to see lower YoY growth rates, doesn’t mean the dream is over, it’ll just depend upon management’s ability to figure out how else to utilise this massive network that has been created
GENCO sets up two subsidiaries which expect to get PPAs for two waste power plants for a total capacity of 19.8MW.It plans to take over or do a JV in biomass, waste or solar power plant. It expects 3Q16 to be outstanding and lift 2016 earnings to a new high. (Thun Hoon, 29/08/16)
ILINK expects to get a new job worth Bt2bn in 2H16. It plans to bid for Suvarnabhumi Phase ll, high-voltage transmission lines for the PEA worth Bt956mn and a project to lay cables underwater to Koh Samui and Koh Tao worth Bt3.8bn. It expects 2016 revenue to hit its target of Bt3.5bn. (Thun Hoon, 29/08/16)
Comment: It is rather incredible that they are able to continuously win projects left right and center
IRPC plans to invest in a petrochemical complex with PTT group in Vietnam with capital investment of US$12bn. It expects IRR to be not less than 13%. It expects 2016 GIM to be above US$12, backed by UHV and EVEREST . (Khao Hoon, 29/08/16)
KCM expects to get Bt600mn in projects. It expects 2H16 performance to be good supported by better purchasing power. It expects 2016 net profit to reach Bt50mn after it reported 1H16 net profit of Bt23mn . (Thun Hoon, 29/08/16)
PHOL expects 2016 revenue to grow 30% backed by taking part in community tap water bids. Its backlog is Bt260mn. It plans to take part in community tap water bids in 4Q16 and expects to get Bt350mn. (Khao Hoon, 29/08/16)
PSTC expects 2H16 earnings to be good, thanks to its alternative energy business. It expects capacity to reach 50MW this year. It expects 2016 net profit to mark a record high after a net profit in 1H16. It has signed a PPA for a 10MW cogeneration unit. (Thun Hoon, 29/08/16)
SAT expects 3Q16 earnings to be good after its new equipment started full operations. It expects this to increase orders from car producers. It is interested in investing abroad, which it believes will reduce its business risk. (Thun Hoon, 29/08/16)
SCI expects net profit to be back to the black in 3Q16 brought by the high-voltage transmission line project and a power station in Laos valued Bt14.5bn. It expects to get two projects for a total value of Bt10bn. It expects 2017 revenue to be good. (Thun Hoon, 29/08/16)
Comment: The last big project from Laos is still pending for SCI, it was initially supposed to be completed with this month, looks like another delay, question is for how long?
SCN is budgeting Bt600mn for investment. It plans to invest Bt100mn to acquire gas supply. It also expects to acquire 3 NGV stations and open two new stations at a cost of Bt580mn. It expects 2016 revenue to grow 40% after it got orders from three clients for its second ICNG. (Thun Hoon, 29/08/16)
VNG expects 3Q16 earnings to be good from seasonally large orders. It plans to lift capacity to meet the needs of its larger customer base; finalization is expected this month. (Thun Hoon, 29/08/16)
WHA expects 2016 revenue to be higher than Bt17bn backed by higher leasable area and REIT. It is studying investing in Vietnam, with a decision to be made in 4Q16. (Thun Hoon, 29/08/16)
  1. Hey guys, please take a look at PPM…… showing signs of something happening. Also a bit of insider buying.

    • It is a hard slog for any steel companies in Thailand until China can get rid of their excess capacity and stop dumping their crap into other markets.

      These kind of companies look awfully speculative, can make a quick buck but just don’t be the one holding the bag when the bottom falls out.

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