ALT won its lawsuit: the court held that the other party to the contract has to pay compensation of Bt13.5mn per month. (Thun Hoon, 07/10/16)
ARIP expects 4Q16 earnings to record a new high supported by high season. It has a big project at the end of the year which it expects will lift 2016 revenue to Bt300mn. (Thun Hoon, 07/10/16)
BKD expects to sign a Bt700mn contract to decorate a hospital this year. It plans to offer a bid price to decorate a hotel and the governor’s office building with a total value of Bt1.2bn in 2H16. (Kao Hoon, 07/10/16)
BRR expects sugar price to continue to rise, backed by supply shortage. It expects demand to be back after economic recovery. It expect 2016/17 cane volume to reach 2.4mn tons. (Thun Hoon, 07/10/16)
Comment: You are seeing more management buying in some sugar names
K plans to sign a contract for a big Bt170mn project soon. It expects 2H16 earnings to be good, supported by high season. It has backlog of Bt500mn and expects revenue growth of 30%. (Thun Hoon, 07/10/16)
Comment: They are one of the key beneficiaries from all these shopping malls opening up in Thailand
MACO expects to finish the deal to buy MTS in early November 2016. It is negotiating with 2-3 parties, which it expects to conclude by the end of 2016 or early 2017. It has cut its 2016 revenue target to 5-10% growth from 10-15% after delays in digital billboards. It expects no affect from a jump in the billboard tax of more than 500% and plans to negotiate soon. (Thun Hoon, 07/10/16)
Comment: Since BTS has become a new shareholder you’re finally seeing more active expansion plans from this company

NOK plans to add Boeing 737-800s to expand its overseas routes. It expects to add routes to Kunming and Guangzhou in China, as these are attractive for tourism. (Thun Hoon, 07/10/16)
PIMO expects 2016 revenue to be over Bt560mn driven by more orders in Thailand and abroad. It expects 2016 net profit growth of 8%. (Kao Hoon, 07/10/16)
PTTGC plans to list subsidiary GCC on the SET and will assign this company to produce oleochemicals. (Kao Hoon, 07/10/16)
SAMCO targets 2017 revenue of Bt2bn. It expects 2016 revenue of Bt1.6-1.7bn, missing its target as transfers were fewer at S9 than expected. It expects to buy 45% in PDSC for Bt160mn on Oct 20, which will increase rental revenue by 8%. (Kao Hoon, 07/10/16)
SELIC will increase capital with an IPO of 80mn shares priced at Bt2.90, reserve date on Oct 10-12. It expects to list on mai on Oct 18, 2016. It expects to use the Bt230mn from the IPO to expand and as working capital. (Kao Hoon, 07/10/16)
TAE has budgeted Bt1.5bn to build a second factory capacity of 200k liters per day. It expects 2016 revenue growth of 8%, assuming oil price stays at US$46-50. It targets sales of 105mn liters. (Thun Hoon, 07/10/16)
TFD board has approved a capital increase of 385mn shares. This will be issued at a rights offering at a ratio of 3.34 old shares to 1 new share, priced at Bt2/share, reserve date on Dec 1319. It expects capital of Bt770mn to be a working capital and repay debt. (Kao Hoon, 07/10/16)
TKS expects 2H16 earnings to be good supported by high season. It has backlog of more than Bt500mn, all of which it will book this year. It has budgeted Bt100mn to take over a food packaging business and expects this to be completed this year. (Thun Hoon, 07/10/16)
UREKA is expanding its business to logistics automation to support revenue and profit in the future. Recently, it has signed a contract with PNKREIS company to teach ASRS technology. (Kao Hoon, 07/10/16)

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