AIS board ‘to decide on new license bid’. ADVANCED Info Service has yet to confirm if it will participate in the new round of bidding for a 900MHz licence. Chief executive officer Somchai Lertsutiwong said yesterday the company board would make a final decision on the matter. The junta also ordered the NBTC to extend further the period AIS has to shut down its second generation cellular service it operates on 900MHz till June 30 or the date the NBTC will award the 900MHz licence to the winning bidder – whichever comes first.The previous deadline was April 14. Somchai said AIS would not ask for any further extension. (The Nation, 13/04/16)
Comment: There are still many questions regarding this…if they rejected it before why purchase at this price? If they’ve already spent a substantial amount of capex, wouldn’t this hurt their balance sheet? Is the price definitely going to start @ thb 75 bn? 
AUCT expects margin to be higher than 50% thanks to the 4G auction. (Thun Hoon, 18/04/16)
BJCHI expects 1Q16 net profit of Bt490mn brought by TUPI project. It says it has high potential projects of Bt6.5bn. It expects to get the Bt2.8bn TUPI FPSO#3 in April. It targets 2016 revenue to grow 15%. (ASTV, 18/04/16)
Comment: And they still continue to grow despite all the volatility in oil prices
CSS’s backlog is Bt1.3bn backed by telecommunication projects. It plans to take part in bids and expects 2016 revenue to reach Bt5.3bn (15-20% growth). It will pay a dividend of Bt0.1/share, XD on April 19. (Khao Hoon, 18/04/16)

ITD signed a contract with Directorate of Civil Engineering, RTAF, to proceed with the OutPatient-Emergency Building and Supporting Facilities Project, valued at Bt780mn. (Thun Hoon, 18/04/16)
KSL is budgeting Bt1bn to renovate its machines. It expects 2016 revenue to be better than last year’s Bt19bn because of high demand and selling price recovery. (Thun Hoon, 18/04/16)
Comment: A lot of questions surrounding the sugar industry at the moment, effectively we are just looking @ brazil’s currency to see if there is continued strengthening then ok we can believe that global prices will recover, if not then meh..
LH’s backlog is Bt20bn of which 40% is expected to be booked this year. It plans to launch six projects, valued at Bt11-12bn in 2Q16. It expects this to increase its 2016 presales to Bt28bn. (Khao Hoon, 18/04/16)
OISHI expects 2Q16 food business earnings to be good driven by government stimulus measure (April 9-17). It targets revenue from food to grow 10% from 30 new branches. It expects 1Q16 earnings to be good. (Khao Hoon, 18/04/16)
QTC expects to get Bt100mn orders from abroad, with a decision to be made in May. It expects 2H15 revenue to be good which will bring 2016 revenue to Bt1.2bn. (Thun Hoon, 18/04/16)
Comment: A great little business but there is a scale limitation here
SCC expects 1Q16 net profit to hit Bt11.845bn (7% growth) brought by petrochemical business and better spread (US$752/ton). (Khao Hoon, 18/04/16)
SUPER expects 2016 revenue to reach Bt4bn if it can operate 500MW power plants within April. It took part in the bidding for a 200MW government unit solar farm; candidates passing the qualification round are expected to be announced today. (Khao Hoon, 18/04/16)
TASCO’s board has approved a budget of Bt1.7bn to invest in refinery and asphalt business. It will pay a dividend of Bt0.4/share. (Thun Hoon, 18/04/16)
THAI expects 2016 earnings to turn around aided by increasing tourists arrivals in the slow season. Its average load factor was 75-77% in 1Q16. It expects this to reach at least 80% this year. It plans to reopen the Bangkok-Moscow route in October. It plans to acquire more airplanes. (Thun Hoon, 18/04/16)
Comment: Well, let’s see…I still have my doubts
TNP expects 2Q16 revenue to grow 10-15% on the back of same-store sales growth and new stores. It expects 1Q16 earnings to be close to 1Q15. It plans to open a new store in Chiang Rai this quarter. (Khao Hoon, 18/04/16)
VGI is talking to a mobile operator and expects to get this project. It expects a decision to be made by 2Q16. It is budgeting Bt300mn to invest in ad media. It expects the acquisition of MACO shares to provide sustainable growth. (Thun Hoon, 18/04/16)

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