AMATA holds roadshow for AMATA Summit Growth REIT. It says local and foreign investors are interested in AMATA Summit Growth REIT due to its high dividend yield of 8.7%. It is expected to trade in June. (Thun Hoon, 03/06/15)
Comment: And thus AMATA should be able to book a decent profit in 2Q15
AUCT opens new branch in Ubon Ratchathani to expand market in the northeast and abroad. It plans to open a new branch in Udon Ratchathani in 3Q15. (Khao Hoon, 03/06/15)
Comment: This company continues to grow and grow and grow
Management says BBL targets 600,000 new credit cards this year with 200,000 credit cards approved for the first four months of the year. Credit card spending grew 13-14%, close to its target of 15% and greater than market growth of 8-10%. It will keep NPLs under 2%. (Khao Hoon, 03/06/15)
It is confident 2015 performance will show a net profit from 2014’s net loss of Bt353.4mn after the company changed its strategy to focus on public projects with higher gross margin. It plans to set up a firm in Myanmar for construction jobs. (Thun Hoon, 03/06/15)
Comment: Expect an interview posted next month on CNT, it’s always been a decent contractor and in the past had benefited from the expansions of all the modern trade co’s

BMTA expects to signs the contract for 489 NGV buses with CHO in two weeks. BMTA plans to receive 50 buses by July 2015. (Khao Hoon, 03/06/15)
CWT plans to acquire 9.9MW biomass power plant which is expected to be finalized in June. It will sign a contract for a waste power plant in July. Management is confident 2015 revenue will reach Bt1.2bn backed by recovery in the auto sector. (Thun Hoon, 03/06/15)
EFORL targets 2015 revenue of Bt4.2bn. Management says the company plans to list four subsidiaries, which it expects to wind up by 2018. (Thun Hoon, 03/06/15)
MAJOR joins hands with CJ E&M to invest to increase its potential in the movie business and expand the market of Thai movies by producing six movies per year. The first movie is scheduled to open in 2016. (Thun Hoon, 03/06/15)
Comment: Clever move by MAJOR, have always loved their business and they can only continue to grow further. 
MONO reschedules television programs and invested Bt50mn for sport content to increase its ratings. It targets 2015 revenue of Bt3bn (100% growth). (Khao Hoon, 03/06/15)
Comment: mono’s business model is to outspend everyone on movies and sport content and pray that they can achieve high enough ad ratings
Acquisition of a PTA firm in Canada done. IVL plans to expand its business in North America. (Thun Hoon, 03/06/15)
PCA expects robust 2Q15 earnings. It is confident that the telecommunications and TV digital system management business will continue to grow. It expects 2015 revenue growth of 15-20%. (Khao Hoon, 03/06/15)
RS plans roadshow to foreign institutions. It is confident the media business will continue to trend up, making it attractive to foreign institutions. Its digital TV Channel 8 has reached fourth ranking. (Khao Hoon, 03/06/15)
Comment: I’ve always liked RS, but the situation in the digital tv industry is scary @ the moment. Perhaps all this -ve news will lead to an opportunity to pick up some names on the cheap.
It expects 2015 revenue of Bt4bn with net profit after 2014’s net loss of Bt250mn. Nirvana development budgets Bt10bn to acquire a hotel for Bt5-6bn, developing rental warehouses and industrial estates. (Thun Hoon, 03/06/15)
SEAFCO has bid for Bt2bn in projects, of which it expects to get 30-40%. 2Q15 revenue is expected at Bt400-500mn. The company is looking for a Chinese partner to bid for the second contract for foundation piles from the MRTA (Green Line: Mochit-Saphan Mai-Kokod). (Khao Hoon, 03/06/15)
Comment: The best listed foundation piling co by far
2Q15 revenue is expected to be better than 1Q15’s Bt692mn backed by recovery of LPG that has raised orders. It expects 15% growth in 2015 revenue, benefiting from a business uptrend, expansion of the international market and the baht depreciation. (Thun Hoon, 03/06/15)
SUPER postpones increasing capital via PP to August 31. Management is confident it will not affect the firm’s investment plan. The company is assured it can sell 500MW of electricity this year. It plans to expand capacity in both Japan and the Philippines. (Khao Hoon, 03/06/15)
VGI plans to increase revenue from aviation ads by investing Bt100mn to buy LED Advance stock. (Khao Hoon, 03/06/15)


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