BAFS
BAFS is confident that revenue will grow more than 9% in 2016 and expects net profit to be a new high, supported by a 7-8% increase in volume. (Kao Hoon, 08/06/16)
Comment: A natural grower with AOT
 
CNT
CNT expects 2016 earnings to be positive and plans to bid for a new job. It will change strategy to focus on high gross margin job at 4-6% to support earnings. Despite the loss in 1Q16 it targets 2016 revenue of Bt6.5bn. (Thun Hoon, 08/06/16)
Comment: When the entire industry picks up then CNT can finally win decent projects again, until then, I don’t expect much
 
ECF
ECF plans to bid for a 36MW biomass power plant on June 15-30. It expects 2Q16 furniture sales growth of 12-15%. It is confident that 2016 revenue will hit target of Bt1.5bn. (Kao Hoon, 08/06/16)
Comment: If thats the plan, expect to hear a PP or recap coming from them
 
EPG
EPG expects FY2017 earnings to grow over Bt1.6bn supported by more sales and increased capacity. (Kao Hoon, 08/06/16)

FPI
FPI expects 2016 revenue growth of at least 10%. It has backlog of Bt600mn, of which will book Bt300mn this year. (Kao Hoon, 08/06/16)
IFEC
Dhara Dhevi Hotel seeks to exit rehab – SET-listed Inter Energy Corporation (IFEC) is submitting a request for its subsidiary Dhara Dhevi Hotel to exit its rehabilitation plan with the Central Bankruptcy Court today, said vice-chairman and chief executive Sitthichai Pornsupanan. (Bangkok Post, 08/06/16)
JWD
JWD expands to Cambodia. It bought 5.2% of the IPO of PPSP, an industrial estate development company in Cambodia, to invest in a logistics center. It plans to increase revenue from abroad to 25% in 2020. (Kao Hoon, 08/06/16)
Comment: Everything looks rather priced in for this company.
KBANK
KBANK expects SME loans to grow 5-7% though growth was just 1% in the first four months. It expects SME demand for working capital to recover in 2H16 on seasonality in the agriculture business. It expects to limit NPLs to not over 4.3% in 2016. (Thun Hoon, 08/06/16)
Comment: Those are rather high NPL’s for any financial firm
 
KSL
KSL plans to buy a 300-400MW biomass power plant contract. It has capacity of 200MW and expects to get 80-100MW. It targets sales of sugar cane at 110,000 tons/day in 2016-2017. It expects 2016 revenue growth to be similar to 2015. (Thun Hoon, 08/06/16)
MPG
MPG is talking to a prospective partner in Laos to invest in the cosmetics business. It is budgeting Bt50mn for R&D. It expects to have more than 10 Stardust branches. It expects 2H16 performance to be good after it has restructured. (Thun Hoon, 08/06/16)
PJW
PJW targets 2016 revenue of Bt3bn. It expects the painting business to turn around. It expects revenue to hit Bt5bn in 2021 backed by exports. It denied that Chinese investors have made an acquisition. (Khao Hoon, 08/06/16)
SMT
SMT plans to cooperate with a partner in the U.S. to invest in solar cells with 40MW capacity, It expects a decision to be made soon. It expects this to support a performance turnaround this year. It expects 2Q16 earnings to be good. (Thun Hoon, 08/06/16)
Comment: Now that’s a different prospect altogether for this company
 
TKS
TKS expects 2Q16 earnings to be good after it got the football postcard project from Thailand Postal. It expects 2016 revenue to grow 15% with Bt300mn net profit. Its backlog is Bt900mn as of 1Q16. It expects to get a project to print ballots in 3Q16. (Khao Hoon, 08/06/16)
TOG
TOG targets 2016 revenue to grow 10-12% from last year’s Bt1.89bn on its expansion. It has budgeted Bt300mn to expand customized lens. It is talking to prospective partners in Myanmar and Indonesia to provide customized lens. It is working with Mitsui Chemicals to develop bio lens and expects to supply this lens by the end of this year. (Thun Hoon, 08/06/16)
Comment: The story here is the shift margin’s seems to occur every 7 years with this firm, i.e. low gpm’s, new product = higher blended gpm and then it eventually averages out again. 

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