ARROW expects 2016 revenue and profit to be a new high. It is maintains its full-year target revenue at Bt1.4bn, growth of 15%. It has backlog of Bt240mn, all of which will be booked this year. It is talking with two companies to take a share of its subsidiary and expects to make a deal within 2017. (Kao Hoon, 06/09/16)
BIZ maintains 2016 revenue target growth of 50-60% and plans to expand its customer base in both government and private hospitals. It expects 2019 revenue to reach Bt1bn and has a three-year plan to do a JV with a private hospital to set up a cancer center. (Kao Hoon, 06/09/16)
Comment: Well its certainly pricing this growth in at these valuation levels
BSM expects to sign a Bt100mn contract for work in Papua New Guinea in early 4Q16. This will support 2H16 earnings. It expects a profit in both 3Q16 and the whole of 2016. It expects the Sansara project to finish around the end of 2017 to early 2018. It targets 2017 revenue of Bt800mn from Bt700mn this year, supported by expanding to Myanmar and Cambodia. ( Thun Hoon, 06/09/16)
CPN expects 2H16 revenue growth of 12-14% backed by steady growth in same-store sales. It is confident that 2016 revenue will grow 15% supported by opening a new shopping center. It expects to change CPNRF into a REIT at the end of 2016. (Kao Hoon, 06/09/16)
Comment: Given the size of the business today, its rather astounding how well they continue to perform
CSL expects 2016 revenue growth of 2-3%. It plans to expand high-speed internet in condominiums along the BTS line and expects 10,000 customers within this year. (Kao Hoon, 06/09/16)
GLOBAL expects growth to continue through 2H16 with full-year revenue growth of more than 10%. It expects a net margin of 8.45%. It plans to expand to Myanmar and Cambodia, with a decision to be made next year. It expects to open eight new branches in 2016 and has a five-year budget of Bt10bn. ( Thun Ho on, 06/09/16)
JUBILE expects profit margin to continue to be good. It believes the Forevermark brand has a bright future. It plans to add four branches this year and has a five-year target of 25 branches. ( Thun Hoon, 06/09/16)
Comment: If JUBILE turnarounds around then you know that consumer confidence is back
MEGA maintains 2016 revenue target growth of more than 5-10% and expects 2H16 to be better than first half. It has budgeted Bt540mn to build a distribution center in Myanmar, which it expects to finish in 3Q18. It has a new beverage product with MALEE which it expects to launch in 3Q17. It plans to open a healthcare service center in 2017. (Kao Hoon, 06/09/16)
Comment: So does this mean we should value MEGA like a consumer company?
ROBINS expects earnings to grow in 2H16 due to high season and expects 2016 revenue growth of 7% backed by recovery in consumer purchasing power. It has budgeted Bt3bn to add three new branches in 2017. (Kao Hoon, 06/09/16)
SINGHA ESTATE SET TO TAKE OVER DAII GROUP – Singha Estate, the listed property arm of Boonrawd Brewery Group, will acquire a majority interest in Daii Group for up to Bt3.395 billion. (The Nation, 06/09/16)
Comment: The speculator in me thinks – is this Rasa part II?
SCI expects 2H16 to turn around and maintains its 2016 revenue target of Bt2.1bn. It expects to sign two job contracts in Laos worth Bt13bn in late 2016. (Kao Hoon, 06/09/16)
Comment: I think that a lot of retail investors are waiting for this second big contract before believing in SCI again.
SPALI reports eight-month presales of Bt15.5bn. It is confident that 2016 revenue will reach its target of Bt24.5bn. It has backlog of Bt35bn and plans to launch 11 new projects in 2H16 worth more than Bt18bn. ( Thun Hoon, 06/09/16)
SUTHA expects 2H16 earnings to be good supported by a big government project and private investment that will support demand. It plans to increase capacity to support orders. ( Thun Hoon, 06/09/16)
SYNTEC reports a new high for backlog of Bt14.1bn. It has a chance to get more new jobs than the Bt7bn it hoped for in the total bidding of Bt16bn. ( Thun Hoon, 06/09/16)
Comment: A REIT in store? They did buy 8 thonglor and they’ll have to do something with it
TACC expects outstanding growth in 2H16, supported by Bt50mn revenue from the bakery business. It is confident that that 2016 revenue will grow no less than 15%. It plans to sign a contract to set up a distributor in China and expects revenue from abroad to reach 12%. ( Thun Hoon, 06/09/16)
TFG expects 2H16 earnings to double due to continued high prices for poultry and swine. It expects revenue to grow at least 15% and expects to pay a dividend in 2017. ( Thun Hoon, 06/09/16)
TWZ expects 2H16 to be good, supported by more sales. It expects presales to reach over 50% at the Pazer Pattaya and plans to open two new projects worth more than Bt2bn soon. It expects 2016 revenue to achieve its target of Bt5bn. ( Thun Hoon, 06/09/16)