ADVANC expects to report 3Q15 earnings tomorrow. It expects 9M15 net profit of Bt28bn (+4%) despite 3Q15 net profit dropped by 7% to Bt8.35bn. (Khao Hoon, 09/11/15)

AKR expects to get a Bt150mn electric transformer project from the MEA, which will raise its backlog to Bt600mn. It expects 2015 revenue to achieve target of Bt2bn backed by high demand. It is expanding into another solar farm. (Thun Hoon, 09/11/15)

APCO reported 3Q15 revenue of Bt94.89mn with Bt21.33mn net profit, affected by the slowdown in local demand. It plans to broaden its market by advertising on free TV, which it expects will increase revenue. It plans to launch new products via drug stores. It plans to expand business via MLM (Multi-Level Marketing) in AEC and abroad. (Thun Hoon, 09/11/15)
Comment: A friend commented best on this, a wonderful marketing company but their products have little impact on one’s health.

CSL reported 3Q15 net profit of Bt85.96mn from 3Q14’s net loss of Bt464.34mn backed by data center project and dividend from a subsidiary. 9M15 revenue was Bt2.23bn with net profit of Bt248mn. (Thun Hoon, 09/11/15)

CSS expects to report 3Q15 earnings on Nov 10. It expects 2015 revenue to grow 25% backed by work on hand from trading and telecommunication business. It expects 2016 earnings to be good aided by 4G auction. It expects to get a PPA for solar farms in military units in December. Management says it is making its 2016 business plan. (Thun Hoon, 09/11/15)
Comment: Retail investors believe that this company will be able to win every 4G project in town, we don’t disagree but its just not at an attractive price.

DNA expects to show net profit next year. It expects its board to approve a business restructure to allow it to participate in the energy and telecommunication businesses. It has set up a subsidiary “My Network” to invest in telecommunications and Internet business. (Khao Hoon, 09/11/15)

EMC expects to sign Bt2bn contract for BTS station system management in 4Q15. It plans to take part in the bids for projects of Bt2bn, expected to be finalized this year. It plans to launch one condo project in 1Q16 after its board approved a Bt1.58bn capital increase or equal to 6.822mn shares. (Khao Hoon, 09/11/15)

FPI expects 3Q15 net profit of Bt55mn (+27%) on the back of OEM orders and the baht depreciation. (Khao Hoon, 09/11/15)

LIT reported 3Q15 net profit of Bt18mn (+25.9%YoY) up from 3Q14’s Bt14.3mn. It expects 2015 revenue and net profit to mark a record high with a loan portfolio of Bt1.15bn after it expanded to the private sector to serve non IT customers. (Thun Hoon, 09/11/15)
Comment: Smaller leasing and financing companies have been on a roll for the past few years, could the little LIT be next?

ORI expects 9M15 revenue of Bt1.3bn. Its backlog is Bt6bn, of which Bt700mn is expected to booked in 4Q15 which will lift 2015 revenue to Bt2bn. It has launched a Bt2.5bn condo at Sriracha, and expects presales of 60-70%. (Khao Hoon, 09/11/15)
Comment: Will ORI fall the way of RICHY?

SAWAD targets net profit growth of 30-40% over the next five years. It plans to cover 100% of Thailand by adding more branches. It is looking for a partner. (Khao Hoon, 09/11/15)
Comment: MTLS and SAWAD continue their astounding growth, primarily on the back of branch expansions, in theory shouldn’t these 2 companies work together?

SITHAI is looking for a partner. It has budgeted Bt1bn to take over 1-2 plants in Vietnam, taking 100% stake. It expects 4Q15 earnings to reach a new high backed by seasonality and three power plants in Vietnam. It expects two plants in India to increase revenue to Bt20bn. (Thun Hoon, 09/11/15)
Comment: A wonderful company but with few growth prospects today.

SNP expects 2015 revenue growth of 7-8% from 2014’s Bt7.35bn on the back of expanding locally and abroad. It expects to open two more branches in Cambodia next year. (Khao Hoon, 09/11/15)

SPCG reported 3Q15 net profit of Bt472mn (+18.99%) while 9M15 net profit grew 61.89% to Bt1.7bn. It plans to pay an interim dividend of Bt0.44/share, XD on Nov 19, PD on Dec 4. (Khao Hoon, 09/11/15)
Comment: So the only real solar power company in Thailand today that has all of its planned MW’s up and running, but now the question will be where’s the growth going to come from? Then again they will be throwing off a small fortune in cash over the coming few years.

SUPER expects 290MW at five solar energy plants to operate in December. It targets 500MW PPA this year. (Khao Hoon, 09/11/15)

TAKUNI reported 3Q15 net profit of Bt24.11mn (+353%). 9M15 net profit grew 204% backed by backlog. (Thun Hoon, 09/11/15)

VPO reported 3Q15 net loss of Bt47mn, and 9M15 net loss of Bt44mn affected by 50% fall in palm oil sales. It expects local palm oil price to fluctuate as global palm oil price faced a downtrend. (Khao Hoon, 09/11/15)

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