ARIP expects profit to turnaround this year on the back of expansion into digital marketing arena which should generate revenue around Bt10-15mn. It targets 2016 revenue of Bt300mn. It expects to finalize 2 organizer deals abroad in 1Q16. (Thun Hoon, 22/01/16)
BIG plans to pay dividend after it has wiped out the negative retained earnings. It expects 2016 revenue to mark a record high aided by government policy and opening of new branches. (Thun Hoon, 22/01/16)
Comment: Doubt the sustainability of this, hope for their sake that I’m proven wrong but still have my doubts…
CHG resolved to complete its acquisition of Ruampat Payong Hospital, valued at Bt117mn, effective Mar 1, 2016. (Thun Hoon, 22/01/16)
Comment: The most expensive hospital stock in Thailand today…which does say a lot.
EA expects 4Q15 earnings of Bt683mn (+86%), brought 2015 earnings to Bt2.8bn thanks to full-year contribution from solar farm. (Khao Hoon, 22/01/16)
Comment: Again everything is still on track here for EA
MC plans to hold a roadshow in Hong Kong. It is looking for prospective Chinese partner, which is expected to be concluded by 4Q16. It is budgeting Bt150mn for new branch launching and office renovation to achieve revenue growth target of 15% in 2016 (Thun Hoon, 22/01/16)
Comment: Still am not convinced by their multi product multi brand approach and their #’s have proven so thus far.
MCOT plans to improve its rating by doubling investment in content business, bringing this year investment budget to Bt2bn. It set 2016 revenue growth target at 14%. (Khao Hoon, 22/01/16)
Comment: Unfortunately for MCOT 1) they are a government owned operation so there’s not much the CEO can do to quickly turnaround the business 2) The digital TV industry has issues like no tomorrow which is hurting everybody!
PERM expects 2016 revenue to grow more than 10% and net profit to turn around this year due to an increase in capacity of 2 plants. It is negotiating with a partner in Australia to invest in solar cells. This will be finalized by 1H16. (Thun Hoon, 22/01/16)
PT expects to gain benefit from government budget’s Bt20bn, which will invest in internet and 4G network in local villages. It expects TRUE and JAS to invest aggressively. (Thun Hoon, 22/01/16)
SIRI targets 2016 sales of Bt42bn (+50%). It plans to launch 21 projects worth of Bt50.5bn. It set the budget of Bt9bn to buy land plots. It expects 2015 revenue to be higher than Bt38bn. (Khao Hoon, 22/01/16)
Comment: That’s a very aggressive sales target SIRI, not sure if it can be achieved given its existing backlog
SYNEX is seeking for local and international partners. This will be finalized by 1H16. It expects 2016 earnings to mark the highest record with margin of 4.99%. It targets 2016 revenue of Bt23bn or 8% growth from Bt21bn in 2015. (Thun Hoon, 22/01/16)
TACC plans to expand to Myanmar, China, and Laos. It expects exports to increase12-15%. It plans to set up 740 beverage vendor machines to raise revenue by 15% from Bt1bn in 2015. (Thun Hoon, 22/01/16)
TPCH expects 2016 earnings to be impressive, mainly driven by 2 biomass power plants. It plans to expand to ASEAN by signing an MoU with a partner in Cambodia to invest in 90MW biomass power plant. (Thun Hoon, 22/01/16)
Comment: Perhaps one of the few unloved genuine renewable companies left in Thailand