AP
AP has achieved presales of Bt23bn for the first nine months. It targets 2015 presales of Bt28bn. It has signed a JV agreement with a Japanese partner to invest in a Bt2.6bn condominium at Ekkamai. (Khao Hoon, 02/10/15)
DTC
DTC subsidiary buys 1.925mn shares of DMS Property Investment Private Limited, for Bt88.625mn or a 5% stake. This company will operate a hotel business in the Maldives. (Khao Hoon, 02/10/15)
Comment: Keep your eye on this hotel co, if the new CEO turn this sleeping dinosaur into a godzilla, then it could just be a MINT/CENTEL in terms of performance
GC
GC is looking for a business partner to increase sustainable growth, pay dividend and increase working capital. It expects 3Q15 earnings to be good, bringing 2015 net profit growth of 50%. It expects to benefit from government measures, BOI privileges, and a recovery in the auto sector. (Thun Hoon, 02/10/15)
GLOW
GLOW is talking to prospective partner to invest in 1-2 water and solar power projects in Thailand, Myanmar and Laos. It expects this to be finalized soon. (Thun Hoon, 02/10/15) IEC IEC plans to invest in a VSPP in Songkla. It expects IRR of 14% and breakeven in seven years. (Khao Hoon, 02/10/15)
JMART
JMART plans to acquire retail businesses to set up an online market. It plans to expand JayMart shops in 10 Singer branches. It expects this to increase 2016 revenue. It expects 2015 revenue to achieve its target of 15%. (Thun Hoon,02/10/15)
Comment: JMART…love the CEO, but the mobile phone sales will continue to be hurt b/c of the carrier branded units, JMT is doing ok, JAS is an average asset, the investment in SINGER should pay dividends in a few years, but i think there’s better value elsewhere
JSP
JSP is talking to a prospective partner in China to invest in property at Pattaya; it expects the deal to be finalized by October 10. It expects 2015 revenue of Bt4bn. It plans to open two projects valued at Bt8bn by this year. (Thun Hoon, 02/10/15)
MCOT
MCOT expects poor 2015 revenue because of competition. It has budgeted Bt2bn for new contents. It expects 2016 revenue and net profit to recover. It plans to develop 50 rai of land beside Thailand Cultural Center. (Thun Hoon, 02/10/15)
Comment: And they’ll continue to be hurt for a while, although yes the 50 rai land plot could get local punters interested
PRIN
PRIN and partner plans to invest in 1MW solar roof for townhome in Sixnature Ramintra project. It expects to supply electricity by this year. (Thun Hoon, 02/10/15)
PYLON
PYLON expects to get a Bt200mn government project and expects to sign a contract soon. This project will raise its backlog to over Bt800mn. It expects to get a Bt1.2bn job next year. It expects 2015 revenue to mark a record high backed by transfers. (Thun Hoon, 02/10/15)
SUTHA
SUTHA is talking to prospective partners both local and foreign to broaden its distribution channel in ASEAN. It expects 2015 revenue to be close to 2014’s Bt1.08bn and Bt127.8mn in net profit. (Thun Hoon, 02/10/15)
THANI
THANI expects loans of Bt14bn this year (+20%). It expects net profit of Bt728bn with 4.5% in NPLs. It expects a gradual growth in 3Q15 earnings. (Khao Hoon, 02/10/15)
UTP
UTP expects 2016 revenue to be good backed by a 12MW cogeneration power plant which will increase capacity by 35% to 250,000-260,000 ton/day. It plans to broaden its customer base into AEC. It is looking for a partner. (Thun Hoon, 02/10/15)
WHA
WHA is talking to a prospective partner to invest in a 40MW waste power plant which is expected to be cleared in 4Q15. It plans to sell Bt13bn in assets to an REIT which is expected to be set up by December. It expects 2015 revenue of Bt19bn as targets. (Thun Hoon, 02/10/15)
Comment: @ 3 baht/share is this worth looking at? Some say yes, others say no, depends upon the story you have. 

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