BANPU expects to benefit from BPP because it has a 70MW solar farm in China. It expects the remaining 20MW to start up by 3Q16. (Khao Hoon, 11/07/16)
BJC has cancelled its capital increase PP of 800mn shares as investors needed more time to decide but the company had time constraints. It will do a rights offering next time around. (Khao Hoon, 11/07/16)
Comment: It’s no surprise that it failed because the RO has just done at 35, which investor would accept a PP @ 40?
BTS expects to sign the contract to operate MRT Green Line extension (North-South) by Dec 2016. It targets passenger growth of 5-6%. It expects operate the MRT Pink, Yellow, and Orange lines. It says its property business is still good, with backlog reaching Bt10.642bn. It expects this to contribute revenue till 2019. (Thun Hoon, 11/07/16)
FVC is studying investing in a new business. It expects 2H16 earnings to be good aided by Bt200mn from its medical business. It expects 2016 revenue to reach its target of Bt400-500mn. It expects net profit to be back to black this year. (Thun Hoon, 11/07/16)
IFEC expects Dhara Dhevi to exit from rehabilitation at the end of August. It expects to book extra gain from debt restructuring in 2Q16. It expects to sell land and residences. It expects to complete the purchase of solar and wind power plants in 3Q16. It targets operations of 100MW this year. (Khao Hoon, 11/07/16)

IVL expects 1H16 net profit to reach Bt8.5bn, up 52%YoY brought by Bt2bn extra gain from acquiring a business in 2Q16. (Khao Hoon, 11/07/16)
Comment: An extra gain from acquiring a business? That’s funny. But the market will still accept it nonetheless
KTIS expects to benefit from higher sugar price and its power plants, expects this to drive its 1H16 performance. It targets 2016 revenue to achieve Bt20bn on the back of large orders. It expects to run a 50MW biomass power plant in 3Q16. (Thun Hoon, 11/07/16)
MC expects growth in 2Q16 performance of not less than 15%. It expects 2H16 earnings to grow on seasonality and economic recovery. It expects to become more strategically active by focusing on Chinese tourism and expanding abroad. (Thun Hoon, 11/07/16)
Comment: Let’s see, perhaps revenue growth was solid but bottom line isn’t
MJD reported backlog of Bt10bn. It expects 2016 revenue to hit Bt2-3bn as targeted. It plans to launch 1-2 projects in 2H16 and expects demand to recovery. (Khao Hoon, 11/07/16)
Comment: They do have the Marque project that should drive earnings in the next 3 years.
PREB expects 2016 earnings to be good backed by its property business. It targets transfers to hit Bt1.8bn. Its construction business is expected to be good after its backlog reached Bt8.5bn, of which 30% is expected to be booked in 2016. (Khao Hoon, 11/07/16)
PT expects 2016 revenue to grow 10-15%. It expects 2Q16 to be good thanks to higher revenue. (Thun Hoon, 11/07/16)
TFG expects 1H16 earnings to grow after it increased the volume of poultry, swine and feed. It expects 2016 revenue growth of no less than 15%. It plans to increase sausage capacity to 60 tons/day within next year. (Khao Hoon, 11/07/16)
Comment: A turnaround in swine and feed prices have been driving this name
THANI expects 2H16 loans to be outstanding after harvest to support demand for commercial vehicles. It is confident it will extend new loans of at least Bt15bn in 2016 and expects total loans to reach Bt33bn. (Thun Hoon, 11/07/16)
Comment: The one auto leasing company that seems to be doing well
UNIQ is ready to bid for the Orange Line worth more than Bt79.72bn; it expects to get one contract. It expects 2016 revenue of more than Bt10bn supported by backlog of Bt30bn that is waiting to be booked. (Khao Hoon, 11/07/16)
Comment: Every contractor benefits
VTE got solar farm construction in the Philippines worth Bt1.14bn. It will cancel the deal to buy shares in Siam Bio Generation 1 Company Limited. (Thun Hoon, 11/07/16)

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.