AOT will split par to Bt1/share on Jan 27 which will increase liquidity. It expects 1QFY17 earningsof Bt4.9bn, up 6%, brought by more passengers. (Kao Hoon, 24/01/17)
Comment: Retail investors and basically everyone else are going to love this. 
CHOW plans to operate more power plants. It targets total capacity of 100MW by the end ofthis year. It expects to book revenue of Bt546mn from its business in Japan. It is studying settingup an infrastructure fund in Thailand and Japan. It plans to issue a Bt3bn debenture to gain fundsto invest in power plants. It targets 2017 revenue to reach Bt2.8bn. (Thun Hoon, 24/01/17)
Comment: Whilst the story of the power plants has been an incredible and real shift in the business model by Chow. A good friend did raise the potential that chow would benefit from the decrease steel supply coming out of china.
FER expects to report a net profit this year on the back of revenue contribution from 6MWpower plants. It is budgeting Bt500mn to invest in 8MW more in the power business. It plans towipe out retained earnings losses of Bt1bn within 5-6 years. (Kao Hoon, 24/01/17)
KOOL expects 2017 revenue to grow 40% after it placed products in 260 Lotus and BIGCbranches. This increases its distribution points in modern trade to 500. It plans to expand itswarehouse to handle more inventory for high seasonal demand. (Kao Hoon, 24/01/17)
Comment: Just amazing numbers and growth stories coming out of this company 
NOBLE begins to transfer Noble Ploenchit condo, worth Bt18bn. It plans to hold a roadshowabroad to increase its foreign customers. (Kao Hoon, 24/01/17)

PERM got a Bt150-160mn order from the CP group for 300,000 sqm of steel structure. It expects to transfer the order within three months. (Thun Hoon, 24/01/17)
PPM signed an MoU with Pacific Star Energy to produce 100MW solar cells in Cambodia. It expects to become a turnkey contractor. It plans to take a 25% stake. This will support long term growth. (Thun Hoon, 24/01/17)
Value investors are interested in PREB shares because of its strong fundamentals. It expectsthis to be finalized soon. It expects to get Bt3bn in projects, which will increase its backlog fromBt8.5bn. It targets 2017 revenue growth of 10%, backed by many transfers. (Thun Hoon, 24/01/17)
PRIN targets 2017 revenue of Bt3.3bn with presales of Bt3.5bn. It plans to launch at least five projects. Its backlog is Bt300-400mn. It sees a positive outlook in the property sector despite highcompetition. (Thun Hoon, 24/01/17)
PTTGC plans to list GGC in 2Q17. It will use the funds to invest in a bio complex project and itssecond bio diesel plant. It expects to conclude its investment in shale gas in US in 1Q17. It stilldoes not have a firm deal for the sale of its 24.9% stake in VNT shares. (Thun Hoon, 24/01/17)
SC targets revenue to hit Bt20bn within 3 years. It plans to launch 17 projects, valued atBt27bn. It expects this to push up presales by 38% to Bt16bn with revenue of Bt14.8bn. It isbudgeting Bt16bn to acquire land. (Thun Hoon, 24/01/17)
Comment: With the majority of developers trying to go high end, SC seems to have shifted strategy and decided to go for the low end market
SENA targets 2017 revenue to grow 20%. It plans to launch ten projects, which will increasebacklog from the current Bt3bn. It is partnering with Hunkyu Realty and plans to launch a newproject, with more progress in March. (Thun Hoon, 24/01/17)
TMC expects a turnaround in 2017 performance, backed by adding more distributionchannels. It targets 2017 revenue to reach Bt610mn, with the proportion of service income risingto 30% from 20%. It is ready to transfer a ship valued at Bt10mn. It is studying expanding itsproduct line in order to raise revenue. It plans to wipe out retained earnings losses and pay adividend. (Thun Hoon, 24/01/17)
TSE is negotiating investment in 3-4 Japanese solar farms. It expects a conclusion to bemade within one month. It targets Japanese solar farm capacity of 100MW in 2019. It expectssubstantial revenue growth in 2016 on the back of solar farm and solar roof top projects (26projects with total capacity of 100MW). (Kao Hoon, 24/01/17)
UWC got a Bt536mn project from EGAT for 13,000 high voltage posts. It expects a strongperformance in 2017 due to more of high voltage post projects and revenue from the powerbusiness. (Kao Hoon, 24/01/17)
  1. This rally is getting a bit long in the tooth, close to 1600pts there is little upside from here unless the market goes into panic buying mode due to fear of missing out syndrome.

    Still a few value picks out there, but it is getting harder by the day to pick them due to the elevated valuations now..

    • well…sector wise, energy isn’t expensive, banks are still “Cheap”, telco’s are what they are, conmats could still go, insurance may turn around, prop seems ok. Wouldn’t be too surprised to see this market continue going til dividend season in april

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