AJD targets top-up machines of 50,000 at the end of this year after yesterday reaching 10,000 machines. It plans to offer more services via its top-up machines in 2H16, such as ordering merchandise from the 7-Eleven catalog, insurance payments, etc. (Khao Hoon, 20/14/16)
Comment: We still have our doubts on their ability to execute, after all the incumbent FSMART is still continuing to dominate the country
BANPU plans to take a step into upstream unconventional gas by acquiring 29.4% stake in the low-cost Chaffee Corners Joint Exploration Agreement (JEA) operation in the northeast section of the Marcellus Shale in Pennsylvania in US for US$112mn. (SET, Khao Hoon, 20/14/16)
BBL reported 1Q16 net profit of Bt8.31bn from Bt9.40bn in 1Q15, affected by higher provisions. This brought EPS to Bt4.36/share from Bt4.93/share in 1Q15. (Khao Hoon, 20/14/16)
Comment: I do wonder how many more times we shall hear, “it’s ok to have rising NPLs because we have provisioned for them already”
CKP targets capacity of 5,000MW in 2025 from 2,160MW now. It plans to focus on expanding in Thailand, Laos, and Myanmar. Its board approved issuing a Bt10bn debenture, with subscription expected in 2H16. (Khao Hoon, 20/14/16)

DRT plans to focus on the lightweight concrete market. It expects this to increase its revenue growth. It is budgeting Bt100mn for investment. (Thun Hoon, 20/04/16)
GFPT expects 1Q16 earnings to be good on seasonality and lower materials cost. It expects no impact from the earthquake in Japan. It targets revenue to grow 5-10% this year. (Thun Hoon, 20/04/16)
Comment: Boom, margin increase.
Start-up Builk Asia yesterday joined forces with Millcon Steel, one of Thailand’s leading producers and distributors of steel products, to transform builk.com into a business-to-business (B2B) ecommerce channel for the construction industry through Millcon’s 40% investment in Builk Asia’s parent company Longkong Studio, a Thai construction-software firm. (The Nation, 20/04/16)
QTC is studying investing in 35MW solar power in Japan, valued at Bt3.96bn. It expects to start its investment process in the latter half of this year, with an initial investment of Bt180mn. (Thun Hoon, 20/04/16)
Comment: And the stock price is running and running and running *bang head against the wall*
SAMART signed a contract with EGAT for supply and construction of a substation and transmission sites, valued at Bt1.29bn. (Thun Hoon, 20/04/16)
Comment: Perhaps the Article 112 is no longer impacting SAMART Group
SAT expects 2016 revenue to be stable or perhaps lower than last year (revised down from target growth of 5-10%) because of lower production during the economic slowdown, the local drought, and the earthquake in Japan. (Post Today, 20/04/16)
SCC expects 1Q16 net profit of Bt12bn, 7% growth. It expects to publish its financial statement on April 27. (Khao Hoon, 20/04/16)
SCI expects to sign a contract for Bt20bn in projects in Laos. It expects to get a Bt500mn EGAT project. This will increase its backlog to Bt2.1bn. (Thun Hoon, 20/04/16)
Comment: Hence why this name is moving, Demco best be aware of SCI taking away all of the potential projects in Laos
SENA launched two solar village projects, valued at Bt1.8bn. It expects presales to hit 50% at the end of this year. It expects 2Q16 presales to reach Bt1bn. (Khao Hoon, 20/04/16)
Comment: The shift to becoming a solar property co continues for SENA
TKN will pay a dividend of Bt0.105/share. It plans to expand to CLMV to increase revenue from abroad. It plans to launch new products at home with tourists as its target market. It expects 2016 revenue to grow 10-15%. (Khao Hoon, 20/04/16)
TRUE took documents for the 900MHz 4G auction yesterday. Management will decide whether or not to take part in the auction. (Khao Hoon, 20/04/16)
UREKA expects to get Bt40mn orders in India and Indonesia. It expects a decision to be made within 1-2 months. It expects agricultural machinery business to account for a higher portion. It targets 2016 revenue of Bt450mn. (Thun Hoon, 20/04/16)
VPO expects to show net profit in 2016 from a net loss of Bt124.99mn in 2015 mainly driven by high orders and revenue contribution from 8.4MW power plant. (Thun Hoon, 20/04/16)

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