ARROW plan to invest Bt40mn to build construction manufacturing plant. It expects to get revenue of Bt100mn with 20% revenue growth this year. (Thun Hoon, 1/12/15)
Comment: And this little company continues to grow and grow
BSM to finalize partnering with Australian company. It expects to get Bt35mn each year. It aims to drive revenue to grow 20% to reach Bt700mn. It expects to generate revenue of Bt570mn this year by expanding business abroad. (Thun Hoon, 1/12/15)
CHO said this year’s net profit could fall YoY. It plans to file a lawsuit against BMTA for cancelling the NGV bus auction. Its target growth this year is 2% and aims at 10% next year. (Khao Hoon, 1/12/15)
Comment: The owner doesn’t seem to like this current government much at all.
CWT expects to approval of biomass power plant this week. It targets 2015 revenue of Bt1.3bn. (Thun Hoon, 1/12/15)
Comment: A dodgy shareholder and business owner, trade/invest at your own peril.
KTC expects 2015 profit of Bt2bn. It plans to expand aggressively next year. (Thun Hoon, 1/12/15)
Comment: Again the issue here is top line growth, and there has been recent news that the BOT has reduced the maximum penalty fee allowed to be charged from 250 to 100 baht.
RS to invest Bt200mn in advertising. The plan next year is to create more than 30 successful soap operas (lakorn). (Thun Hoon, 1/12/15)
Comment: 30 soap operas? Let us guess the story line….man has a girl, another girl comes to steal the man, drama ensues…jokes aside, next year will be a make or break year for the industry in general
SC expects 4Q15 to be this year’s highest backed by booking condo transfers worth Bt2.9bn. It expects to launch four projects worth Bt10bn. Presales in the 10M15 total Bt9.4bn. (Thun Hoon, 1/12/15)
SINGER’s boards to approve partnering plan this month. It expects to expand distribution lines around the country. (Thun Hoon, 1/12/15)
SMT expects a disappointing performance. It expects to turn around next year to a profit. Net margin is 4-5%. It plans to negotiate with an American company to sell solar cells. (Thun Hoon, 1/12/15)
Comment: Well we weren’t convinced of the turnaround.
SR plans to invest in 5MW power plant to sell electricity to factories. It expects revenue to grow 20% next year. (Khao Hoon, 1/12/15)
THCOM said its contract with NBN continues. It plans to negotiate with customers to extend their iPSTAR contracts through 2021. (Khao Hoon, 1/12/15)
VGI to expand via partnering with a LCD-related advertising company. It expects higher growth following expanding of condos near MRT/BTS. It expects to gain Bt100mn more revenue. (Thun Hoon, 1/12/15)
Comment: We are curious about how much more value the BTS line extensions will add to their business.