AAV expects 1Q17 performance to be good on seasonality. It expects load factor to hit 86% against its full year target of 84% with passengers of 19.5mn. It plans to increase both domestic and international routes to handle the CLMV market. (Thun Hoon, 06/0 3/17)
AMATA expects to benefit from high demand from local and foreign investors on a broader production base. It expects this to increase revenue from land sales and rental area. It also expects to benefit from EEC, which is expected to increase demand for area in IE. It expects 1Q17 performance to be good. It is budgeting Bt5bn to develop Thai-Vietnam IE. (Thun Hoon, 06/03/17)
Comment: I just finished a breakfast meeting with the MoC where she spoke about the EEC. Whilst it is a beautiful story I fear multiple delays in the plans actually occuring, so whilst AMATA will still benefit it won’t be immediately.
AS expects 2017 performance to return to the black after it restructured its business and implemented cost control. It targets 2017 revenue growth of not less than 10%. It expects mobile games to contribute revenue of 20%. (Kao Hoon, 06/03/17)
Comment: No one seems to believe in this story nor their ability to turnaround
CENTEL targets 2017 revenue growth of 4-5% with target occupancy rate of 81-83%. It plans to increase room rate by 4-5%. It is budgeting Bt2bn for its food and hotel business. It targets 10,980 rooms within 2019. It is negotiating to acquire one food brand. It plans to implement cost control in order to widen its margin. (Thun Hoon, 06/03/17)
GC targets 2017 revenue growth of 10%. It expects a solid performance in 1Q17 on seasonally high orders. It is budgeting Bt15bn for corporate improvement. (Kao Hoon, 06/03/17)

HMPRO reported 2016 revenue of Bt61.15bn, up 8.71% YoY. Its 2016 net profit was Bt4.12bn, up 17.9% YoY. (Thun Hoon, 06/03/17)
JWD targets 2016 revenue growth of 7% brought by uptrend in cold chain warehouses. It is budgeting Bt500mn to increase its own-managed trucks for its logistics services. (Kao Hoon, 06/03/17)
Comment: And where is their magical REIT?
JSP expects 2017 revenue to grow 20% to Bt5bn on the back of Bt4bn backlog. It expects to maintain net margin at a minimum 15%. It plans to launch 10 new projects valued at Bt7.8bn. It expects presales to reach Bt5.9bn. (Kao Hoon, 06/03/17)
LPH targets 2017 revenue growth of 15% on the back of more clients. It is budgeting Bt200mn to invest in a hospital in Bangkok, with a decision to be made in mid-2017. It expects to start construction of the Lat Prao Hospital at Lumlukka and elder care center at the end of this year and expects to open in 2019. (Thun Hoon, 06/03/17)
MC expects 2017 sales to grow 12-15% brought by SSS growth. It expects jeans to be its main product because of its market leadership gained by its expertise. (Kao Hoon, 06/03/17)
ORI targets 2017 revenue to grow 88% to Bt6bn on the back of Bt12.88bn backlog. It expects Bt4bn to be booked this year. It plans to launch nine projects worth Bt15bn, raising presales to Bt13bn. (Kao Hoon, 06/03/17)
Comment: And its pricing in all the growth for the next 3 years at this level.
PLE targets 2017 revenue to grow 20% due to Bt13bn backlog. It plans to take part in Bt100bn private and public projects with partners. It expects to get 5-10% of total bidding projects. It expects to wipe out Bt2.36bn retained earnings losses in 1Q17. (Thun Hoon, 06/03/17)
SC expects 2017 revenue to hit Bt14.8bn aided by Bt7bn backlog. It plans to launch 17 new projects worth Bt27bn, which will raise presales to Bt16bn. (Kao Hoon, 06/03/17)
STA expects 2017 net profit to return to the black from 2016 net loss of Bt757mn on the back of higher local sales and foreign demand as well as higher price of rubber. It expects this to increase its margin. (Thun Hoon, 06/03/17)
THANI expects robust earnings in 1Q17. It targets loan growth of 15-20% from 2016 portfolio of Bt30bn. It plans to focus on truck leasing, targets portfolio to reach Bt50bn within five years (2017-2021). It targets 2017 NPLs to be lower than 4%. (Thun Hoon, 06/03/17)
TKS targets 2017 revenue to grow 7-8% from last year on the back of a larger customer base. It continues to look for new projects. It is studying investing in the printing business in Myanmar to increase its revenue from abroad. (Thun Hoon, 06/03/17)
TNP expects 2017 performance to be good, with 10-15% sales growth. Behind this is the addition of four stores and a new DC. Its board approved a dividend of Bt0.03/share. (Thun Hoon, 06/03/17)
TPIPL expects 2H17 performance to turn around supported by higher demand from infrastructure investment and operations at 290MW in power plants. It plans to list its subsidiary (TPIPP); it will provide more information in early April. (Thun Hoon, 06/03/17)
TSE reported 2016 net profit of Bt617.16mn, up 17.20% brought by full year of revenue from sale of electricity from rooftop units and Japan. It will pay a dividend of Bt0.11/share, XD on Apr 26. It is joining with STEC to invest in a 154.98MW Japanese solar farm. (Thun Hoon, 06/03/17)
  1. It appears Saturday night, I looked for a robotics play–it’s all pretty hazy. Came up with nearly zilch, except possibly maybe CCET. Anybody find anything better–on SET?

      • No rubber moldings for the elbows? How about gaskets? Wiring? What about fingers and knuckles? A few PCB’s? No. All held close to the vest by the big boys selling to very well placed importers.

        Nevermind. I am informed the onslought will mitigate the graying of Thailand. As for the progeny, they will find work in the service sector. Cashiers, drivers, fastfoodists, welders, planters, reapers, stock analysts….

        Back to the future. Who’s running the Thai Terminator Fund for automata out of Tokyo, NY, Berlin?

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