AAV sets 2016 passenger target of more than 16.9mn passengers from 14.8mn. In THE first two months, the number of passengers grew 20%. It has budgeted Bt500mn to buy five planes and for oil price hedging. (Kao Hoon, 31/03/16)
Comment: Without a doubt they are the #1 airline carrier in town. 
CWT increases revenue target growth to Bt1.7bn supported by wood export business. It expects to get a new customer in the automotive business to increase its backlog by Bt1.5bn. (Thun Hoon, 31/03/16)
EFORL reports subsidiary “Siam Snail” plans to open the first snail eco farm in Asia after completing a study. (Thun Hoon, 31/03/16)
Comment: I have no idea how this will add value to its business…a most rather curious case of diversification
HMPRO expects profit in 1Q16 of Bt819mn or growth of 12% supported by positive SSS growth, new stores and profit at the Mega Home format. (Kao Hoon, 31/03/16)

KBANK will open a branch in Shanghai by the end of 2016. It is looking for a chance to expand its branches in ASEAN. It is confident that 2016 loan growth will hit its targeted 6-7% even if it did not report growth in 1Q16. (Thun Hoon, 31/03/16)
KIAT is negotiating to acquire a business and will undertake a joint venture with 3-4 partners. It expects to decide on 1-2 partners in 2016. It targets revenue growth of 7% from 2015. It is bidding for new jobs and expects to finish the deal in 2Q16. (Thun Hoon, 31/03/16)
Comment: I’ve always liked KIAT’s core business model, very straight forward cash flows
MACO expanding out-of-home media to ASEAN. It has plans to bring technology to link advertising with online consumers. (Kao Hoon, 31/03/16)
Comment: Perhaps its a positive development to see that the founder has stepped down and some fresh management can drive this business towards it potential, just look at how PLANB has performed.
ORI expects revenue in 1Q16 of Bt1bn. It plans to places a condo with 1,000 units worth Bt1.3bn in the government’s program. It is confident revenue will reach Bt4bn. (Kao Hoon, 31/03/16)
PLANB board approved a budget of Bt40mn to acquire Tuna Advertising Co., Ltd. This will increase media in airports to 28 areas nationwide. It expects ready-to-sell media in airports to increase to Bt200mn in 2016. (Kao Hoon, 31/03/16)
PTT budgeted of Bt9.9bn to increase its ability to import, distribute and transport, the LIFE Project. (Kao Hoon, 31/03/16)
STEC is looking for partners in Japan and China to bid for the Pink and Yellow lines. It expects 2016 revenue to be the same as 2015, supported by its backlog of Bt55bn. It expects to get new jobs worth Bt30bn. (Kao Hoon, 31/03/16)
Comment: STEC is going to have a wonderful 5 years worth of business
TFD expects to turn around in 2016.It plans to expand to the energy business. Recently, it studied taking over a 120MW gas power plant. It targets 2016 revenue growth of 528.97% or Bt5.5bn. It plans to buy Sunshine Tower to develop and sell. (Thun Hoon, 31/03/16)
WIIK expects earnings in 1Q16 to grow supported by its backlog of Bt600mn. It is confident that revenue will grow 10-20% to reach Bt1.3-1.4bn. It has budgeted Bt90mn to improve productivity and buy new machinery to support its business. (Kao Hoon, 31/03/16)
WIN expects 2016 revenue growth 10% from expanding its products, markets and new business. It expects revenue and profit in 1Q16 to be good supported by tourism industry growth 10%. (Kao Hoon, 31/03/16)

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