ADVANC asserts that financials are strong and it has no plan to increase capital. It plans to pay the first license fee payment of Bt8.04bn as scheduled and submit its bank guarantee before June 30. Dividend payout will be 100% of profit. It has budgeted Bt40bn to expand its network. (Kao Hoon, 30/5/16)
Comment: And with the call confirming the 100% payout maintained you’re saying shorts covering and some activity returning back to the stock, the key issue for the industry is still how crazy are True going to be with trying to capture market share.
AJD expects to expand to 50,000 on-line top-up machines to drive revenue to reach Bt1.6bn. It plans to expand its business to ASEAN in 2017. It expects to have more than 100,000 on-line top-up machines in 2018. (Kao Hoon, 30/5/16)
BEM expects to turn around after the MRT Purple Line is operating and bringing in revenue. It expects to get the MRT Blue Line job. This will support revenue growth of 10%. (Thun Hoon, 30/5/16)
BTS reported 2QFY16 net profit of Bt4.14bn or growth of 40%. It expects to pay a dividend of Bt0.34/share, XD on July 28. (Kao Hoon, 30/5/16)

CPF expects 2Q16 ready-to-eat food to continue to grow after it increased distribution channels and added more products. It expects to grow 12% in 2016 from Bt20bn in 2015. It has budgeted Bt1bn to build a new sausage factory in Korat. It expects to finish this year. (Kao Hoon, 30/5/16)
CSS sets 2016 revenue target of Bt5.3bn or growth of 15-17% supported by its backlog of Bt700-800mn. It expects to get a job to install ADVANC and DTAC telecommunication towers. It plans to invest in solar energy. (Thun Hoon, 30/5/16)
Comment: Another one shifting to solar power? Christ…
FIRE expects 2H16 earnings will be outstanding, supported by progress in the JV with a Cambodian partner, which is expected to conclude in 3Q16. It targets 2016 revenue growth of 20% to more than Bt200mn, booking 80% of its portfolio. (Thun Hoon, 30/5/16)
FORTH bought a big lot of BM shares of 14.8mn shares for Bt52mn. It expects business to continue to grow. (Kao Hoon, 30/5/16)
Comment: Sounds like a punt.
MINT expects strong profit in 2Q16-3Q16 after investing in more hotel business abroad. The food business is recovering. (Kao Hoon, 30/5/16)
PCA has backlog of Bt500-600mn and expects to book this within 3-4 years. It expects 2016 revenue growth of 15% and higher profit than 2015. (Kao Hoon, 30/5/16)
RATCH signed a contract to buy a 180MW wind power plant in Australia. It expects to expects start commercial operations in September 2018. It will continue to invest in the energy business in Thailand and abroad. (Thun Hoon, 30/5/16)
SAMTEL expects performance to bottom out in 2H16. It plans to sign Bt3bn in projects in mid-June. It plans to take part in Bt20-30bn bids. It expects 2016 revenue to be higher than Bt10bn. (Thun Hoon, 30/05/16)
Comment: They are hitting the news more often, government IT projects finally coming to the forefront? 
SCN expects 2016 revenue to grow not less than 40% after it got an EPC project valued at Bt700mn. It expects to book Bt400mn of that this year. It targets sales to achieve 8,000 mn BTU. It plans to add three more NGV stations. It plans to introduce high-pressure equipment in Vietnam, which will increase revenue. (Thun Hoon, 30/05/16)
Comment: The issue here is lumpy earnings because they recognise great profits whenever they have a new project on hand, and then it drops. Granted they do have recurring income from the NGV stations, but it’s for now, relatively small.
SPALI expects 2Q16 presales to be good aided by government stimulus measures. It expects April’s transfers to hit Bt5bn. It expects 2016 revenue to hit target of Bt20bn. It plans to launch 17 projects valued at Bt25bn. It expects 2016 presales to reach Bt24.5bn. (Thun Hoon, 30/05/16)

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