AP expects a great 2014. It expects 2014 presales and revenue of Bt21bn on current backlog of ~Bt11bn. It will launch 19 new projects worth Bt26bn. (Tun Hoon, 06/02/14)
Comment: Valuations for AP have become attractive, the whole property sector in fact, we view this all as a trading opportunity
BJCHI won new work worth Bt1.19bn, lifting its backlog to more than Bt3bn. It expects to sign contracts for more work worth Bt3bn and will bid for more work. It is confident that sales this year will be stronger than last year’s. (Khao Hoon, 06/02/14)
Comment: The easiest trade last month
EPCO in JV to develop a solar farm in Japan. It targets total capacity of 100MW by yearend and expects to conclude 8-11 projects this year in addition to the COD solar power project in Lopburi-Boploi and the solar rooftop project. Revenues in 2014 will grow by 15% and net profit by 90%. (Khao Hoon, 06/02/14)
No impact from politics — GLOBAL says that politics is not having any impact. It expects 2014 revenue growth of 20-25% YoY. It is preparing for a campaign and will invest Bt3bn to add 12 new branches. It is negotiating to sell its Chaeng Wattana land. (Tun Hoon, 06/02/14)
Comment: From our understanding their growth projections have been pulled back for 2014 because of politics
GUNKUL signs agreement with Myanmar Electric Power Enterprise to supply engineering services and procurement of high voltage electrical equipment to supply the substation and transmission system for a total of 15 projects worth more than Bt373mn. This will help raise revenue growth from Myanmar by at least 50% from last year. (Khao Hoon, 06/02/14)
HMPRO will invest Bt40mn on the “HomePro Super Shock Sale” campaign, with discounts of up to 70% from today through to March 5. It expects the campaign to bring in at least Bt3.5bn in sales. (Khao Hoon, 06/02/14)
Comment: I am planning to go shopping here now! 
SF budgets Bt250mn to invest in 1-2 new retail centers this year and increase its net leasable area by 12,000 sqm from its current 250,000 sqm. Revenues this year will be better than last year’s. (Khao Hoon, 06/02/14)
Comment: SF does have a fantastic business model, however it only shows good profits whenever they launch a new project because of its ability to book the deposits as advanced income vs its amortised costs
VGI signs joint venture with Deelightmultimedia and has sold 70% of total VGI multitech shares to it. After signing, VGI has the right to manage some ad areas of the Expressway Authority of Thailand’s 66 boards. Management is confident that it will continue to grow in 2014. (Khao Hoon, 06/02/14)
Comment: VGI will dominate the transportation media sector

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