ABC plans to invest in a commercial website named ABCPoint. It plans to provide system development that will add value and handle 4G clients. It expects to introduce a new service solution in 4Q17. (Kao Hoon, 25/04/17)
Comment: What is this company’s business model? Over the years we’ve seen solar, ecommerce, something with alibaba, property, either they are visionaries in all these industries, or they have no idea whats going on.
BIG expects 2017 sales to grow 20% after it achieving its target in 1Q17 upon recovery in the economy and in purchasing power. It targets gross margin of 24%. It plans to open 10 branches in 2H17. (Thun Hoon, 25/04/17)
COLOR targets 2017 revenue above Bt1bn, backed by expansion. It targets market share to reach 15%. It will pay a dividend of Bt0.035/share, XD on Apr 28. (Kao Hoon, 25/04/17)
CRANE plans to take part in a Bt100mn foundation project, raising its backlog from Bt400mn. It expects existing backlog to cover revenue through 2H17. It targets 2017 revenue to grow 30% from last year off a boom in construction. Its board recently approved a capital increase via RO with the funds to be used to support capital investment to provide long term growth. (Thun Hoon, 25/04/17)
Comment: I do wonder when will this company begin to perform given all of the infrastructure projects occurring?
D expects robust earnings in 1Q17 backed by more clients and expansion. It expects 2017 revenue to continue to grow. (Kao Hoon, 25/04/17)
ESTAR is transferring the Bt2.4bn Nara 9 condo project. It expects most of the transfers to be completed by mid-2017. It expects this will provide a good revenue stream this year. It expects 1Q17 presales to hit Bt300mn with a 2017 presales target of Bt1bn. (Kao Hoon, 25/04/17)
ETE’s board approved a request to take part in 55MW solar power phase 2 in May 2017. It plans to set up two subsidiaries to handle this project. (Manager360, 25/04/17)
GUNKUL will pay a stock dividend at ratio 6 old: 1 new at Bt0.00417/share, plus a cash dividend of Bt0.04/share for a total equivalent of Bt0.0817/share, XD on May 16. It also approved issuing a Bt3bn debenture to fund investment in the power business. (Thun Hoon, 25/04/17)
Comment: GUNKUL loves their stock dividends. 

NOK plans to increase routes in Asia and neighbouring countries. It expects to increase aircraft utilization to 10-11 hours from 8 now. It plans to wipe out retained losses within 2018. It targets to maintain load factor of 80%. (Thun Hoon, 25/04/17)
Comment: Feels like a baby Thai Airways “we’re going to do great! We’re the best! People don’t understand what we are trying to do!” *3 years later* Oh wait we’re out of money, lets recap…”
PDG expects to get a decision by partners about investing in a new plant in CLMV, which will raise revenue from abroad. It expects 1Q17 sales to grow 12% with full year target of 10%. It believes the packaging industry is in a good position. It also plans to expand its business line in order to boost sales. (Thun Hoon, 25/04/17)
PLANB expects performance to turn around. It expects 1Q17 net profit of Bt96mn, up 59% brought by strong recovery in utilization rate. (Kao Hoon, 25/04/17)
PTTEP expects 1Q17 net profit of Bt9.1bn, up 61%. (Kao Hoon, 25/04/17)
SIM expects to get two signal tower projects worth Bt1bn. It expects to sign the contract within 1H17. This will support recurring income, helping to smooth the vagaries in mobile phone sales. It expects performance to turn around this year or at the beginning of next year. (Thun Hoon, 25/04/17)
Comment: SIM has been dying since its peak in 2012 when the 3 telco’s decided to offer their own bundled phones. This decision to shift to towers should be +ve but then I’ve suddenly thought of a million new questions about this business…
SITHAI is talking to big three melamine companies in the U.S. It expects to get orders this year. It expects 1Q17 performance to be better thanks to orders from Vietnam. It is looking to take over a plastics business to broaden its production base. It targets 2017 revenue to grow 58% to Bt15bn. (Thun Hoon, 25/04/17)
SPCG’s shareholders approved a dividend payment of Bt0.7/share. It expects 2017 revenue to be no less than Bt6bn. It continues to invest in solar roofs, both household and industrial. It targets solar farm capacity of 500MW within 2019. (Kao Hoon, 25/04/17)
Comment: I can only see the dividend value to continue increasing over the years given the amount of free cash flow the company is generating. 
      • I would actually argue that even when the democrat’s were in charge that Samart Group still won a fair amount of projects. It’s just with this military government there hasn’t been any focus on the IT Sector until now.

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