ANAN expects 3Q18 earnings to be outstanding and it expect transfers to increase in 4Q18. It plans to launch three property projects with total value of Bt6.86bn this year. It expects presales of Bt10.05bn and transfers of Bt18.51bn this year. (Thun Hoon, 5/11/18)
Comment: But the overhang from the BOT announcement combined with a rather crap market environment for stocks isn’t helping their share price performance
EPCO’s board approved its subsidiary to invest in two solar farms in Vietnam with total electricity production capacity of 99.216MW and total value of Bt2.83bn. These will start commercial operation in mid2019 and bring total electricity capacity to 500MW. Management expects revenue to be a record high next year. (Kao Hoon, 5/11/18)
IVL notified the SEC that it acquired M&G FibrasBrasil, manufacturer and distributor of fiber in Brazil with production capacity of 75,000 tons/year. The deal will be completed in 4Q18 (Kao Hoon, 5/11/18)
Comment: Acquisition machine!
NOBLE created a luxury brand and launched a new condominium, Noble STATE39, with value of Bt3.6, located on Sukhumvit. Sale price is Bt255k/square meter. Presales is scheduled for November 18. (Thun Hoon, 5/11/18)
NVD plans to develop a “Turnkey Solution” platform. It expects to launch four property projects with total value of Bt4bn this year. It expects revenue from new platform projects to be Bt750mn per quarter and it will have 17 new platform projects in five years. (Kao Hoon, 5/11/18)
Comment: It’s an interesting strategy but I doubt its scalability despite managements optimism¬†
SCCC reported 3Q18 earnings of Bt887mn, +44%YoY. 9M18 earnings were Bt2.74bn, +94%YoY. (Kao Hoon, 5/11/18)
SPA introduced a new brand “Stretch Me” to widen its margin and diversify the risk from Chinese tourists as the new brand focuses on Thais. (Thun Hoon, 5/11/18)
SPRC reported earnings of Bt1.25bn, down YoY because of crude oil and refinery maintenance. This decreased output. (Kao Hoon, 5/11/18)
TNP reported 9M18 earnings of Bt45.2mn, +3.55%YoY. 3Q18 sales grew by 10.48%YoY. Management expects 4Q18 to be year’s peak and expects results to grow by 10-15% this year. (Thun Hoon, 5/11/18)
TOG expects new orders, high export growth and benefit of THB depreciation in 4Q18. Management plans to enter the US market. It also plans to join with a manufacturer of prescription lenses and progressive lenses, expanding revenue channels. (Thun Hoon, 5/11/18)
TPIPL expects earnings to turn around next year at its construction materials business and petrochemical business. It plans to invest in a petrochemical business in Vietnam that focuses on high grade plastic beads. Even though its share price is below book value, it believes in its potential of earnings generation. (Thun Hoon, 5/11/18)
Comment: And it will be driven by TPIPP’s earnings
WICE has budgeted Bt200mn to acquire other companies. It is negotiating with 3-4 companies in Asia. The deal is expected to conclude next year. It expects revenue growth of 30% this year and it targets revenue to reach Bt3bn in 2020. (Thun Hoon, 5/11/18)
Comment: A baby IVL in the sense that its becoming an acquisition machine?! 

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