AMATAV reported 2017 earnings of Bt422mn, up 585% from last year thanks to booking Bt642mn from land sales, implying growth of 81% and driving total revenue to grow 30% to Bt1.17094bn. At the same time, it cut expenses by 40%. (Khao Hoon, 14/02/18)
Comment: And this should continue for vietnam over the next 3-5 years. Odd about the costs.

ASAP is working with a Chinese partner to further expand its car rental business. It says 1Q18 results will be good as demand for car rentals is high. It targets 2018 revenue to grow by 25-30% from last year and plans to open ASAP Auto Park in April 2018. (Khao Hoon, 14/02/18)
Comment: Not a bad idea to target a Chinese partner to ensure that the biggest tourist group into Thailand looks at ASAP for ST car rentals

BAY targets loans from Japanese customers to grow by 6% in tandem with an increase in domestic investment by foreigners and global economic recovery. (Khao Hoon, 14/02/18)
Comment: Out of all the banks this is the only one that I view is capable of achieving this target because of the natural relationship with Japanese corporates in Thailand

CENTEL has budgeted Bt2.3-2.5bn to expand its hotel and food businesses. It targets occupancy rate at 81-82% and will provide management service for one hotel in 2018. It plans to launch its new hotel brand, Cosi, in 2019 and is negotiating for a new restaurant. It targets SSS growth at 2-3% in 2018. (Thun Hoon, 14/02/18)

MGT reported 2017 earnings of Bt47.32mn, growing by 45.31% due to higher revenue and lower expenses. It announced a dividend of Bt0.07/share on 2H17, XD on March 12 and paid on May 14. (Khao Hoon, 14/02/18

SIMAT is transforming its business strategy to drive an earnings turnaround this year. It says it is going to receive a big project in Malaysia and expects to close the deal for the acquisition of Silk Screen Printing in 1Q18. It also says it is cooperating with a big real estate company in Thailand to provide IT services. It believes revenue and earnings will rise significantly in 2018. (Thun Hoon, 14/02/18)

THAI projects a rise in load factor during Chinese New Year to 83% as it has increased flights to China. It expects this will drive load factor for 1Q18 to 80%, which is higher than 1Q17’s. (Khao Hoon, 14/02/18)
Comment: Every airline should do well.

THG has budgeted Bt555mn to expand Thonburi and Thonburi 2 Hospital in order to increase its servicing capability. It plans to open a heart center upcountry to supply growth in the future. (Khao Hoon, 14/02/18)

VGI reported 3QFY17 (October-December 2016) earnings of Bt240mn, growing by 53% from growth in all businesses. It announced an interim dividend of Bt0.036/share, XD on February 22. It says earnings in 4QFY17 will continue to grow. (Khao Hoon, 14/02/18)
Comment: Watch for it, there’s a warrant that they need to exercise later on this year. Punters may rejoice.

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