Ananda said its 2Q17 presales could reach Bt2.9bn. It is going to launch seven new projects worth Bt22.7bn. 2Q17 revenue could reach Bt7.35bn. It also plans to issue new bonds worth Bt1bn. (Khao Hoon, 8/6/17)
Comment: And things are progressing as per expectations

BCH to benefit from Social Security’s raise in medical reimbursement. The new payment is at Bt1,500/person, up from Bt1,460/person . (Thun Hoon, 8/6/17)
Comment: Well…yes but still the problem here are that this hospital group haven’t figured out how to make a return on their investments

BTS signals that its earnings may double, driven by recording as revenue Bt6-9bn for setting up the system for the Green Line. It has budgeted Bt8-10bn to bid for mass transit projects. (Thun Hoon, 8/6/17)

CSS got a new project from PEA worth Bt326mn. It expects 2017 revenue to be Bt5-5.2bn, growth of 20-25%, with the backlog worth Bt1.6bn. (Khao Hoon, 1/6/17)
Comment: The usual rumours are abound that this company will benefit from the telco sector, a repeat from 2016 (note: nothing happened that year and even if they did it was fully priced in)

KBANK launches “Beacon VC” for venture capital investment with an initial budget of Bt1bn. It targets six deals this year. It expects 2017 loan growth of 4-6%. (Thun Hoon, 8/6/17)

Comment: I still find it amusing that banks which are supposedly risk management kings are getting into the VC game

PTTGC has signed a contract with Kuraray to produce and distribute PA9T with a capacity of 13,000 tons/year to serve the auto, construction, healthcare and consumer businesses. (Thun Hoon, 8/6/17)

SEAFCO to join bidding worth Bt3bn. It will sign a contract worth Bt300mn. It is sure that 2017 revenue growth will be higher than 10%. (Thun Hoon, 8/6/17)

TWZ is sure to get a 20MW solar farm project that will generate revenue for the next 25 years. Its telecommunication business is growing from selling products and setting up fiber optic systems. (Thun Hoon, 8/6/17)

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