AIS asked to review plan to use Jas spectrum for its 2G customers — THE NATIONAL Broadcasting and Telecommunications Commission (NBTC) yesterday asked Advanced Info Service (AIS)to review its plan to protect its 2G subscribers in the part related to Jas Mobile Broadband (JASMBB),citing that the existing plan could not be allowed. (The Nation, 10/3/16) AIS turns down True’s ‘hefty’ B450m payment call for 2G – Advanced Info Service (AIS) has rejected a proposal made by True Corporation for the company to pay what it terms a hefty spectrum fee payment in exchange for retaining its 2G customers on the 900-megahertz network for three months. (Bangkok Post, 10/3/16)
Comment: Again as stated yesterday, ADVANC does already have the deal with DTAC and they don’t need to partner w/ TRUE, especially at this silly high monthly rate

AH sets 2016 revenue target growth 5% supported by recovery in the automotive industry. It plans to control costs and launch new products to bring 2016 net margin to above 2%. It has budgeted Bt400mn for investment. (Kao Hoon, 10/03/16)
Comment: I don’t remember the last time that this company actually met their targets

AJD and Alibaba will hold a press conference at the end of March. AJD is to partner with Alibaba as a reseller in Thailand. It targets 50,000 customers with revenue of Bt250mn in the first year. It expects to book profit from sales of its online top-up machine. (Kao Hoon, 10/03/16)

BKD ready to increase domestic and foreigner investment portion to enhance its image. It expects to get a job worth Bt3bn. It expects to get more than Bt300mn from the exercise of BKDW1. (Kao Hoon, 10/03/16)

CK gets a new job worth more than Bt2.1bn after CKP’s board approved CK Laos to construct a substation. (Kao Hoon, 10/03/16)
Comment: With the government now saying they’ll fast track everything, all contractors are shooting upwards.

GOLD and UV has set up an REIT worth Bt10bn. It expects return 8.5% in first year. It will start selling the units on March 14-18 and expects to trade in April 2016. The company will book revenue from REIT from 2Q16 onward. It expects earnings in 2016 to be a new high. (Thun Hoon, 10/03/16)
Comment: The first REIT of the year, definitely expect for it to be oversubscribed

LOXLEY targets revenue and net profit growth of 25-30% supported by backlog of Bt9.5bn. It plans to bid for new jobs worth Bt16bn. (Kao Hoon, 10/03/16)

MINT sets 5-year target growth of 15-20% annually supported by old and new business. It targets raising the number of hotels to 210 and restaurants to more than 3,100 outlets. It plans to increase revenue from international to 50% and will continue to take over businesses. (Thun Hoon, 10/03/16)
Comment: They have consistently met their targets in the past and wouldn’t be surprised to see them continue to do so…just amazing

PTG is confident that 1Q16 will be good even if oil price is still low, as it is getting more volume from higher demand. It expects oil price to swing in the range of US$40-50/bbl. It will increase the number of its gas stations to 1,600 nationwide. (Thun Hoon, 10/03/16)
Comment: And they are still on track to reach their goal of being the largest petrol station company in Thailand

PYLON has backlog in hand Bt600mn and will book 90% as revenue in 2016. It will bid for new jobs worth a total of Bt1bn and expects to get 25-30%. This will underwrite revenue growth of 15-20% in 2016. (Thun Hoon, 10/03/16)

SIRI has presales of Bt2-3bn in the first 2 months from full-year target of Bt42bn. It will launch 98 Wireless worth more than Bt8.5bn. (Kao Hoon, 10/03/16)

TKT expects earnings to grow 2-4% following industry growth. It expects to increase gross profit to 15% supported by new customer and expansion abroad. (Thun Hoon, 10/03/16)

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