AH expects 2017 revenue to grow 5% from last year thanks to auto sector recovery. It expects 1Q17 performance to be good brought by numerous orders. It plans to expand abroad, with some progress in 4Q17. (Thun Hoon, 24/03/17)
Comment: I’m still not impressed by this company..
COMAN expects 2017 revenue growth of at least 20% from last year. It plans to expand its business abroad, targeting low-end hotels. It plans to acquire 5-6 tourism-related businesses within 2019. (Kao Hoon, 24/03/17)
CPF plans to export processed duck meat to New Zealand in March. It also plans to expand to Australia and other countries with good potential. It targets duck product export growth of 20-25%. (Kao Hoon, 24/03/17)
DEMCO expects 2017 performance to be better than last year on the back of Bt4.15bn backlog, of which 90% is expected to be booked this year. It plans to take part in Bt20bn private and public bids. It plans to repair the windmill foundation at Huaybong in April. (Kao Hoon, 24/03/17)
Comment: So in theory by 2Q17 these issues that have plagued Demco will finally by over. Lets see how forward looking the market will be
DIMET is interested in investing in the power construction business, with a stake of 2030%. It expects a decision to be made within six months. It plans to expand to ASEAN, targets revenue to comprise 25-30% from 15%. It plans to restructure its business. (Thun Hoon, 24/03/17)

DNA expects to show net profit in 2017 with revenue of Bt2bn on the back of Kingkong Phone. It targets 100 branches this year. (Kao Hoon, 24/03/17)
EASON expects sales to peak in 1Q17 on seasonality and large orders. It expects 1Q17 performance to be good. It targets 2017 revenue growth of 10% from last year to be fostered by industry recovery and revenue contribution from the power business. It expects to invest in APCON to obtain sustainable growth. (Thun Hoon, 24/03/17)
GENCO is negotiating with a Japanese party, expecting a decision to be made within AprMay. It expects to operate RDF in 3Q17, with revenue contribution of Bt90mn (50% of total revenue). It plans to take part in VSPP-SPP biomass bids. It targets 2017 revenue growth of 30%. (Thun Hoon , 24/03/17)
JMT signed a purchase agreement to buy Bt6.54bn debt from Standard Chartered. It expects substantial growth in revenue and net profit in 2017 on the back of large debt collection. (Thun Hoon, 24/03/17)
Comment: Given that standard chartered is exiting Thailand I wouldn’t be surprised if JMT got these debt’s at a decent price
KCE targets revenue to hit Bt30bn within five years. It expects 2016 revenue growth of 15-17%. It targets to be #1 in the electronic devices market. It is budgeting US$100mn to expand its capacity. It is studying investment in a new business. (Thun Hoon, 2 4/03/17)
PAP expects 1H17 performance to be good aided by large orders. It targets 2017 revenue growth of 10% from last year’s Bt7.15bn thanks to high demand. It is budgeting Bt200mn to buy equipment to increase capacity by 100,000 tons/year. ( Thun Hoon, 24/03/17)
PTG expects 2017 sales growth to reach 30-40% after achieving 20% growth in the first two months of the year. It expects to complete the investment in the auto care business within 1H17. It targets 10 branches this year. It expects to begin construction of biodiesel and ethanol plants in 2018. (Thun Hoon, 24/03/17)
Comment: Still an amazing growth machine, and the issue is still only the price you are willing to pay for it
PTTGC expects 2017 net profit to reach Bt29.5bn due to petrochemicals and olefins. It expects 1Q17 performance to be solid. (Kao Hoon, 24/03/17)
SAPPE targets 2017 revenue to grow 10% on the back of increasing its distribution in China and Indonesia. It plans to launch a marketing campaign to boost sales. It plans to launch a new brand abroad. It plans to launch new products at home for the summer season. (Thun H oon, 24/03/17)
T expects 2017 revenue to hit Bt1bn on the back of Bt500mn backlog that is expected to be booked this year. It plans to take part in Bt7bn in bids, and expects to get 10%. It is talking to a party in Myanmar to invest in a solar farm in Myanmar. It expects to make a decision about the investment in property development within 1H17. (Kao Hoon, 24/03/17)
TRC expects to sign the Bt33bn contract for potash mining soon. It expects the MOF to inject Bt80mn capital within 1-2 weeks. It expects 2017 performance to double from 2016. It plans to cooperate with a partner to take part in Bt26.5bn bids. (Thun Hoon, 24/03/17)
Comment: If this is true then this decade long saga will have come to an positive end.
  1. Will KCE’s investment in new business resemble its last: “increase capital in Chemtronic
    Products Co.,Ltd., who do the business in a Producing and Trading of chemical products; animal feed

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