AOT expects 3Q16 earnings growth of 16.3% YoY supported by tourism recovery and low oil price. It expects to benefit from competition between low-cost airlines. (Thun Hoon, 27/07/16)
BCP expects 2016 EBITDA from retail business grow to Bt3bn supported by low oil price. It has budgeted Bt15bn to expand and renovate its petrol stations. It has set a five-year target of 400 stations. It expects non-oil business to grow and plans to open a new supermarket under franchise from Europe by end-2016. (Thun Hoon, 27/07/16)
Comment: I do wonder if the outstanding growth from PTG has been behind the major players finally deciding to expand their stations throughout Thailand
CPALL expects 3Q16 to be outstanding supported by 7-Eleven stamps that stimulated sales and expects 4Q16 earnings to be good supported by high season. (Thun Hoon, 27/07/16)
DELTA reported 2Q16 net profit of Bt1.32bn, down 22%YoY due to lower sales. It has budgeted to invest in India. (Khao Hoon, 27/07/16)
EA expects 2Q16 to be peak due to high season and expects revenue of Bt1bn. It believes that 2016 profit will be higher than last year. It expects 2016 capacity to reach 404MW and PPA 664MW. (Thun Hoon, 27/07/16)

EASON is studying a new business after diversifying to the energy business “APCON”. It plans to increase its holding to 20% from 6.67%. It targets 2016 revenue growth of 10% thanks to recovery in the motorcycle market. (Thun Hoon, 27/07/16)
HMPRO reported 2Q16 net profit of Bt990.67mn, up 20.79%. This brought 2H16 net profit to Bt1.85bn, up 19.5%. This came from SSS growth and new stores. (Khao Hoon, 27/07/16)
Comment: What economic slowdown? 
KCE expects business to expand in 2H16 after increasing capacity via Phase 3 and purchase of machinery. It expects 2Q16 to be good, supported by US dollar appreciation. (Thun Hoon, 27/07/16)
Comment: They have proven to be the best performing electronic manufacturer in Thailand since the floods.
MTLS plans to open 1,600 stores this year (from 1,350 stores) because of high demand for loans for the new crop season. It expects 2016 loan growth of 70%, which will raise net profit to a new high. (Thun Hoon, 27/07/16)
PACE plans to buy land in Niseko, Hokkaido Japan after receiving Bt960mn from privately placing capital increase shares with foreign institutional investors. (Khao Hoon, 27/07/16)
Comment: We know the story, mahanakorn transfers next year and then?
PTT plans to buy LNG from Rovuma Area 1 project to handle long term demand. It expects this to be the largest gas resource of 75trn cubic feet. (Khao Hoon, 27/07/16)
PTTGC reported 2Q16 net profit of Bt5.45bn because of unplanned shutdown and lower olefin spread. (Khao Hoon, 27/07/16)
SCC to report results today. It expects net profit of Bt14bn aided by the petrochemical business. It expects to pay a dividend of Bt8/share. (Khao Hoon, 27/07/16)
TPC reported 2Q16 net profit of Bt663.14mn, up 61%. This brought 1H16 net profit to Bt1.36bn (51% growth). It will pay an interim dividend of Bt0.8/share, XD on Aug 8, PD on Aug 24. (Khao Hoon, 27/07/16)
Comment: Every plastics related player has a rather good 1H16, just look at TPC, PTL and IVL
TRT is talking to local and international prospective partners to invest in the power business. It expects a decision to be made in 3Q16. It plans to take part in Bt3bn bids for PEA and MEA projects. It expects 2016 revenue to be not less than Bt3bn. It expects 2Q16 earnings to be good as it has a 20-25% market share for electric transformers. (Thun Hoon, 27/07/16)
TSF expects out-of-home media to grow substantially because of changing lifestyles. It expects this media to be a primary choice for marketers with 15-20% growth. It plans to focus on DTC (direct-to-customer) for the Aquarius brand, which it will set up in 200 7-Eleven stores. (Thun Hoon, 27/07/16)
VGI targets out-of-home media growth of 20%. It plans to revise up revenue target growth from 50-60%. It plans to acquire an ad company, with a decision to be made soon. (Khao Hoon, 27/07/16)
WHA plans to list its subsidiary WHA Utility and Power, in 4Q16 or 1Q17. It is cooperating with a Japanese partner to invest in logistics centers at Laeam-Chabang and Bangna valued at Bt2.35bn. (Khao Hoon, 27/07/16)

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.