AJD
AJD is adding 20,000 online top-up machines and it is confident that at end of 2016 it will reach 50,000 machines. It has budgeted Bt10mn for marketing and promotional campaigns in 2H16. (Khao Hoon, 02/08/16)
Comment: If they could pull off what FSMART has done then perhaps for the first time in a decade I may consider this name
 
ALT
ALT expects 2H16 earnings to be good backed by trading business and 4G. It targets 2016 revenue to grow 10% from last year’s Bt2.6bn brought by IT trend. It plans to take part in bids. (Thun Hoon, 02/08/16)
ASIMAR
ASIMAR expects 2H16 earnings to be outstanding upon the booking of more revenue. It has backlog in hand of Bt380mn. It plans to bid for more jobs from TAT. (Kao Hoon, 02/08/16)
CCN
CCN is negotiating with both listed and non-listed companies about partnership. It plans to diversify to energy, with a decision to be made by the end of 2016. It expects 2H16 revenue at Bt100mn, growth of 20%. (Thun Hoon, 02/08/16)
CSP
CSP expects 1H16 sales volume of 80,000 tons, up 20% YoY, with 2016 sales volume of not less than 160,000 tons or up 15% YoY. It expects 2H16 steel price to average Bt16-18/kg. It plans to increase 2016 target revenue in August. (Thun Hoon, 02/08/16)
GIFT
GIFT expects 2Q16 earnings to be good backed by higher sales. It expects 2016 net profit to be a record high. It is talking to a partner to invest in alternative energy, with a decision to be made by the end of this year. (Khao Hoon, 02/08/16)
Comment: And they’ve recently switched from the MAI to the SET

 
GLOW
GLOW reported 2Q16 net profit of Bt2.76bn, up 20%. This brought 1H16 earnings to Bt5.52bn. It expects to pay an interim dividend of Bt1.5-1.7/share. (Khao Hoon, 02/08/16)
Comment: A beneficiary from the decline in coal prices over the past 2 years. Unless they have new projects to invest in don’t be surprised to see another special dividend.
 
GPSC
GPSC expects 2Q16 net profit to reach Bt660mn, up39%YoY mainly driven by power business. This brought 1H16 net profit to Bt1.5bn, up50%. (Khao Hoon, 02/08/16)
KBANK
KBANK has launched the “Route to Iceland” sweepstakes to accelerate new credit cards in the second half of the year falling far behind its goal in the first half. (The Nation, 02/08/16)
KOOL
KOOL plans to expand abroad in 2H16. It expects to benefit from seasonality. It plans to launch a marketing campaign . (Thun Hoon, 02/08/16)
MEGA
Local investors are interested in MEGA shares. A decision is expected to be made soon. It expects 2016 revenue to grow 10% from last year’s Bt8.09bn. It plans to expand to ASEAN. (Thun Hoon, 02/08/16)
PK
PK expects 2Q16 earnings to be good, backed by large orders. It plans to expand abroad, which will drive performance in 3Q16-4Q16. It expects to sign a Bt1bn contract, which will raise its backlog to above Bt1.7bn. It expects 2017 performance to turn around upon numerous orders. (Thun Hoon, 02/08/16)
PLAT
PLAT is investing Bt262mn to construct Bangkok Skyline Phase 1 to link from BTS Chitlom to its mall (Platinum Fashion Mall). It expects this to increase traffic to its mall It plans to cooperate with nearby shopping malls to invest in Bangk ok Skyline Phase 2 by the end of this year after receiving a good response to Phase 1. (Thun Hoon, 02/08/16)
 
PSTC
PSTC expects to benefit from ERC’s plans to complete 1,000MW PPA this year. It expects revenue to increase by Bt1bn if it can commence COD of 45MW as targeted. This will double revenue from last year’s Bt484.08mn. (Thun Hoon, 02/08/16)
PTG
PTG is budgeting Bt207.61mn to open a fuel depot in Surin province. It expects this to broaden its customer base. It plans to introduce high-margin products. (Thun Hoon, 02/08/16)
Comment: And the machine continues
 
STANLY
STANLY reported 1QFY16 net profit of BT243mn, up 38% thanks to higher sales and production on auto sector recovery. Sales reached Bt2.63bn from both domestic and export sales. (Khao Hoon, 02/0 8/16)
TASCO
TASCO expects 2H16 performance to be good due to high demand both at home and abroad. It expects 2016 sales to reach 2.6mn tons. (Thun Hoon, 02/08/16)
UAC
UAC expects 2Q16 earnings to be good backed by two biomass power plants. It plans to expand to ASEAN in 2H16. It expects 2016 revenue to reach Bt1.8mn. (Thun Hoon, 02/08/16)

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