AP reports presales of Bt10.5bn for the first five months of the year. It plans to launch 13 projects in 2H16, valued at Bt25.3bn. It targets 2016 presales of Bt31bn with revenue of Bt23.7bn backed by Bt14.7bn backlog. (Khao Hoon, 23/06/16)
ARROW expects to get 60% market share because of its strength. It is confident it has potential to handle mega projects. It expects to get large orders from MRT, Suvarnabhumi Phase 2, moving cable to underground, motorway, and private projects. It expects 2016 net profit to mark a record high of Bt300mn, up 22.1%. (Thun Hoon, 23/06/16)
Comment: Their stock price has been declining in the past few months despite the continued growth. 
BEM expects to open Sri Rat outer ring road by August. It expects 97,000 cars/day. It expects this to increase revenue by Bt1.7bn. (Thun Hoon, 23/06/16)
Comment: Just have to love oligopolies
CPN expects 2016-2017 net profit to grow 18-20% aided by opening a new shopping mall and increasing rental and occupancy rate. It expects 2016 net profit of Bt9.49bn. (Khao Hoon, 23/06/16)
Comment: And they’ll have a kicker with condominiums

EASON plans to invest in the power business after acquiring APCON which does design and construction of power plants. It is studying setting up an associated company to invest in power plants. It expects APCON to become listed in 2017. (Thun Hoon, 23/06/16) GFPT GFPT expects 2Q16 revenue to be good backed by higher domestic broiler prices. It plans to expand its market in Japan, which will boost 2016 revenue growth at least 5%. (Thun Hoon, 23/06/16)
GLOBAL expects 2Q16 net profit of Bt450-500mn, up 61%, backed by increased profitability. It expects to revise up net profit by 6-8% for 2017-2018. It expects 2016 net profit of Bt1.41bn, up 60%. (Khao Hoon, 23/06/16)
Comment: A lot of people were surprised with their earnings in the 1Q16. Is spending geniunely back or 
JMT bought Bt246mn debt from Tanachart Bank. It plans to acquire Bt15bn in NPLs, especially personal loans and leases. (Thun Hoon, 23/06/16)
Comment: The news about Mynamar and people believing that their new accounting policies will result in profits being recognised faster has been a boon to their share price.
LHBANK expects 2Q16 net profit to reach Bt429mn driven by interest income and fee income. Its loan growth is the best compared to peers. (Thun Hoon, 23/06/16)
PTT is in talks with three to four hotel chain operators about plans to build budget hotels at its service stations in a bid to boost revenue from its retail business, an executive said yesterday. (The Nation, 23/06/16)
QH plans to launch a townhome (Casa City Don Muaeng – Srisaman) on June 25-26, valued at Bt1.5mn. It plans to offer a cash discount at the event. (Khao Hoon, 23/06/16)
SMM is cooperating with TRUE For You and TRUE Vision to broadcast live volleyball and euro football games. It expects this bring in more ads and thereby boost its 1H16 performance. It expects to get copyrights for pocketbooks, which will also grow revenue. (Thun Hoon, 23/06/16)
TRC expects to sign 2 projects, valued at Bt6bn, in June. It expects to sign a Bt34bn contract for the potash mine, which will increase its backlog to above Bt40bn. (Khao Hoon, 23/06/16)

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.