AP expects to transfer Bt5.3bn in 1Q15. The company has Bt25bn backlog and will realize Bt23.8bn as revenue this year, resulting in 10% revenue growth this year. The company plans to open 24 new projects with total value of Bt36bn. (Kao Hoon, 11/03/15)
AS expects earnings turnaround this year after business restructuring. It plans to coordinate with partners to invest in the mobile game business and expects revenue growth of 30% this year. (Thun Hoon, 11/03/15)
Comment: AS is currently stuck with an infrastructure that, if it was 10 years ago, would be magnificent, with the increased usage of smart phones, tables etc etc, they have seen their revenue and profits tumble as less and less players are on computers.
BKD expects strong net profit growth at 30% YoY driven by rising revenue to 1.3bn and net margin of 13%. The company expects to be awarded a new project valued at Bt1.2bn and it will finalize a residential project (Bt3.0bn) this year. (Kao Hoon, 11/03/15)
BTS will raise passenger fares on June 1, 2015 by 5-6% on average (from Bt15-42). The Transport Ministry plans to coordinate with private companies such as BTS and BMCL via Public Private Partnership (PPP) to manage a ticketing system. (Kao Hoon, 11/03/15)
Comment: Well that’s taken them long enough to figure out, discussions with both bmcl & bts indicate that the slowness in implementing this wasn’t due to a lack of effort.
CPALL plans Bt20bn debenture (2-year and 5-year) with coupon rate at 3.55-4.10% during 16-19 March, 2015. For 2015, it expects revenue growth of 10% and will continue to expand outlets for 7-Eleven and MAKRO. (Thun Hoon, 11/03/15)
Comment: And the continued refinancing of its foreign bonds.
FIRE expects revenues growth in 2015 of 15-20% from Bt572mn revenue in 2014 and net margin of 11-12%. (Kao Hoon, 11/03/15)
ITD plans to invest Bt10bn over the next five years to expand to overseas and expects revenue to double to Bt25bn. It sees key risk as workforce shortage after AEC implementation. (Krungthep Turakit, 11/03/15)
KBANK expanding to Hanoi and Ho Chi Min City in Vietnam to serve future investment and businesses. (Thun Hoon, 11/03/15)
MLINK and partner will set-up MLINK QR to expand into Vietnam. The company will diversify into energy, leasing and logistics. A solar farm project at Laos is expected to finalize in March 2015 and the company is studying a waste power plant project in Thailand. (Thun Hoon, 11/03/15)
SYNTEC expects strong earnings in 2015 backed by orders on hand and potential future projects. The company expects record high backlog at Bt10bn this year and is likely to book extra gains from divestment of BMCL. (Thun Hoon, 11/03/15)
TMILL expects revenue of Bt1.6bn this year or 45% YoY growth driven by doubling capacity by a new plant. It plans to expand overseas and is studying a way to reduce interest expenses. (Kao Hoon, 11/03/15)
TOG to expand into the U.S. and AEC. The company expects revenue growth of 10% this year from Bt1.86bn in 2014. (Thun Hoon, 11/03/15)
Comment: A lovely company that focuses on manufacturing optical lenses
TRUE will invest Bt32bn capex to expand 4G coverage to reach 80% penetration rate. It aims to be the country’s largest mobile operator and will expand broadband coverage to cover 10mn households in Thailand within 2016. (Kao Hoon, 11/03/15)