ANAN will hold a roadshow in Singapore. It targets 2016 revenue of Bt15.6bn thanks to high demand. It plans to launch Bt18.7bn in new projects, raising its backlog from Bt38.5bn and covering revenue through 2017. (Thun Hoon, 07/06/16)
Comment: Perhaps the hardest hit name post the draft bill re property
BCH expects 2Q16 earnings to be good backed by a bigger customer base and better performance than expected at WMC after it signed contracts to serve more foreign clients. It expects 2016 revenue to grow not less than 10%. It is budgeting Bt500mn to invest in a 140-bed hospital in 4Q16. (Thun Hoon, 07/06/16)
BM expects to talk with prospective Japanese partners after they expressed an interest in acquiring a 20-25% stake. It is talking to three prospective partners to sell conduits in Myanmar. It expects 2Q16 to be good. It expects 2016 revenue to grow 15-20% as targeted. (Khao Hoon, 07/06/16)
KIAT got a Bt500mn chemical product logistics project which is expected to contribute Bt100mn revenue per year. It plans to take part in Bt100mn in projects. It is interested in the power business after studying LNG investment. It expects a decision to be made in 4Q16. It expects 2H16 earnings to be good. (Khao Hoon, 07/06/16)
Comment: Still a very steady business. But not sure on this LNG investment

LOXLEY expects 2Q16 earnings to be good mainly driven by its trading business. It is talking to a prospective Chinese partner. It expects 2016 revenue to grow 25-30% thanks to numerous orders. (Thun Hoon, 07/06/16)
NOK expects a profit in 2Q16 after resolving the problem with pilots. It plans to open new routes and cooperate with eight other airlines this to broaden its customer base. (Thun Hoon, 07/06/16)
PTTGC expects 2016 net profit to be above Bt25bn, up 23% driven by US$700 PE spread. (Khao Hoon, 07/06/16)
SCB expects current SME loans to grow 4-6%. It targets new loans to reach Bt80-100bn. (Khao Hoon, 07/06/16)
SIRI got Bt2.5bn presales in May. Its two new condos got good response from local and international clients. Presales reached Bt700mn in a day after it held a roadshow abroad. (Thun Hoon, 07/06/16)
SMART expects the construction and material industry to be good from 2Q16. It expects to focus on sub-contractors and architects. It plans to launch new products to increase its margin. It plans to expand to AEC and its talking to agents in Laos, Myanmar, and Vietnam in order to increase its revenue. (Thun Hoon, 07/06/16)
Comment: Their earnings have been rather disappointing since they went public 2 years ago
SPC expects 2H16 earnings to be good on seasonality. It expects 2016 revenue to grow 6-8% from last year’s Bt29.6bn thanks to large orders because of government stimulus measures. It expects the economy to recover in 2H16. (Thun Hoon, 07/06/16)
Comment: One of Thailand’s largest and oldest distributors, steady grower, nothing really special ever happens here.

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