AMATA expects to sell 200 rai of land in 3Q15. It plans to sell assets in Vietnam to AMATAR. It plans to hold a roadshow for AMATA VN around Oct-Nov, with listing on the SET in 4Q15. It is budgeting Bt2bn to invest in industrial estate Amata Vietnam. (Khao Hoon, 21/08/15)
Comment: I personally think AMATA has been one disappointing investment in the past 2 years, despite land sales doing ok, the REIT and the listing of AMATAVN, the stock price hasn’t performed, thank the stars for HEMRAJ/WHA
BRR expects double-digit net profit growth this year on the back of sales and revenue from the power business. (Khao Hoon, 21/08/15)
CCP is talking with prospective partner to expand to Myanmar and Laos. It expects this expansion to contribute revenue in 4Q15. It expects to get 60-70% of jobs valued at Bt700-800mn, which will raise its backlog from Bt2.3bn. It has budgeted Bt200mn to increase capacity to handle the high number of orders. (Thun Hoon, 21/08/15)
Comment: Given that they are a small company, any infrastructure works should have a rather positive impact on earnings
DCON has budgeted Bt400mn to buy land for a condo project. It plans to launch a Bt1.5bn project at Sai Mai in 2016. It expects to benefit from government investment. It expects to complete a deal for a biomass power plant in 4Q15. (Thun Hoon, 21/08/15)
Comment: The story is now well brokered for DCON 

DTAC expects 2H15 earnings to be better than 1H15. It is ready to bid in the 4G auction, for both 1800MHz and 900MHz spectra. (Khao Hoon, 21/08/15)
EPG expects 2015 net profit of Bt1.2bn (+90%) backed by numerous orders. It targets 2015 revenue of Bt9bn. (Khao Hoon, 21/08/15)
GUNKUL’s shareholders have approved investment in wind and solar power plants at home and abroad, valued at Bt18.72bn. It plans to increase capital via a rights offering of 183mn shares to raise Bt4.03bn. (Khao Hoon, 21/08/15)
Comment: All against the IFA’s recommendation, well there you go, this continued increase in capital isn’t a surprise given their plans to continually invest in renewable projects
IEC expects 2015 net profit to mark a record high backed by alternative energy business. It achieved profit of Bt39.59mn in 1H15 compared to 2014’s Bt13.41mn. (Post Today, 21/08/15)
MAJOR plans to expand to ASEAN. It targets to increase to 100 screens in AEC from 12 screens now. It plans to expand to Myanmar and Vietnam within 1-2 years. (Post Today, 21/08/15)
Comment: In theory they should control Cambodia and Laos without problems, Myanmar and Vietnam will depend heavily upon the local partner 
PF expects 2015 net profit to be a new high backed by net profit from GRAND and TPROP. Management revised down 2015 revenue to Bt14.3bn to allow for the economic slowdown. Its backlog is Bt7.93bn, of which it expects to book Bt3bn this year. It plans to launch 15 new projects valued at Bt20bn. (Thun Hoon, 21/08/15)
Comment: We still think that PF is in desperate need of raising capital just when look at the list of projects they have on hand
PTT expects 3Q15 earnings to drop on the six-year low for oil price, which caused a stock loss. (Thun Hoon, 21/08/15)
PTTGC expects a net loss in 3Q15 affected by lower oil price. It is looking for a partner to invest in a bio-hub. (Khao Hoon, 21/08/15)
SITHAI has introduced new production line for tile, targeting hotel and restaurant clients. It expects 3Q15 earnings to be good aided by large orders. It plans plants in India and Vietnam to operate in 4Q15. It expects 2015 net profit to reach a new high. (Thun Hoon, 21/08/15)
SUPER will hold a shareholder meeting on Oct 30 at which it plans to ask for approval to invest in another 290MW in power plants, valued at Bt20bn. Breakeven is expected in 10-12 years. It expects power capacity to achieve target of 500MW, which is expected to contribute Bt5bn revenue each year. (Khao Hoon, 21/08/15)
TKT expects 2H15 revenue to be good backed by orders from Ford Motor Company. It targets 2015 revenue of Bt1.4bn. It is budgeting Bt40mn to increase capacity. (Thun Hoon, 21/08/15)
TSTH expects to be impacted by the devaluation of the yuan as it may increase the steel supply in Thailand. It is asking the government to help with anti-dumping measures. It expects to show a net profit this year. (ASTV, 21/08/15)
Comment: A net profit is only possible for TSTH if they have finished with the high depreciation costs from their plants, granted it has been close to a decade.
TVO expects 2015 net profit to reach a new high with revenue of Bt26bn, supported by lower soy pulp price. It plans to invest abroad. (Khao Hoon, 21/08/15)
WHA plans to invest in a warehouse in Vietnam. It expects the deal to finish in 4Q15. It is confident 2015 revenue will reach Bt13bn aided by HEMRAJ.(Thun Hoon, 21/08/15)

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