BANPU targets 2017 coal sales to reach 47mn tons. It expects to benefit from higher coal price. It plans to acquire coal mines in Indonesia and Australia to underwrite future growth. (Kao Hoon, 18/04/17)
BLA expects to show a net profit of Bt1.2bn in 1Q17 after last year’s loss of Bt6.9bn. Behind this is higher 10-year bond yield of 2.7%, lower provisions, and higher insurance premiums of Bt13.5bn. (Kao Hoon, 18/04/17)
Comment: This is something I’ve been pondering, will interest rates actually rise enough for these insurance companies to begin showing decent #’s again?
CPL got full-grain leather order valued at Bt500mn/year. This has brought it to the forefront of Asia’s grain leather producers. It expects 2017 revenue to grow 25%. It also looking for other investment for higher return. (Kao Hoon, 18/04/17)
EGCO continues to acquire power businesses abroad. It is talking to acquire one more power plant and expects clarification in 2Q17. It expects its geothermal power plant to contribute revenue this year. (Thun Hoon, 18/04/17)
EPG believes its strength lies in three business unit: Aeroflex, Aeroklas and EPP. It plans to launch new products. It also plans t to expand abroad in order to become a true global player. (Kao Hoon, 18/04/17)
ETE expects to show net profit of Bt11mn in 1Q17. It expects substantial growth in 2017 net profit of Bt130mn brought by solar farm production. (Kao Hoon, 18/04/17)
Comment: But its already trading at a THB 2 bn mkt cap
HTECH expects 2Q17 sales to be good on full utilization. It expects 2H17 performance to be good aided by numerous orders after the startup of its new plant. It targets 2017 revenue to grow 10%. It expects its plant in Vietnam to start operations in 3Q17. (Thun Hoon, 18/04/17)
Comment: A frustratingly (because we missed it even though we knew about the expansion) wonderful performance from the share price this year. 
LH expects 2017 presales to reach Bt26bn. It plans to launch 12 projects valued at Bt14.9bn. It plans to launch four projects worth Bt5.2bn in 2Q17. (Kao Hoon, 18/04/17)

IVL signed a definite share purchase agreement with Glanztoff to acquire a 100% stake in their tire cord business. It expects the deal to be done within 2Q17. It hopes this will be a springboard to support its HVA unit. (Kao Hoon, 18/04/17)
JSP expects robust performance in 1Q17 brought by transfers after completion of 11 projects worth Bt27bn ahead of schedule. Construction continues on its rental property and it expects completion within 2018-2019. It targets revenue to reach Bt5bn. (Thun Hoon, 18/04/17)
MGT is talking to a prospective Chinese partner to invest in the online market. It expects the talks to be finalized this year. It expects 2017 revenue to grow 20% from last year’s Bt560mn. It plans to broaden customer base, do line extension, and expand both at home and abroad. (Thun Hoon, 18/04/17)
Comment: I’m not quite sure what a petrochemical distributor is going to do in the online market space
PLAT expects 1Q17 performance to be better than 4Q16 on the back of higher rental rate as well as its night market project. (Thun Hoon, 18/04/17)
SGP expects 2017 revenue to grow 5% aided by numerous orders. It plans to import 32,000 tons of LPG from abroad in order to supply its clients. (Thun Hoon, 18/04/17)
SQ expects robust earnings in 1Q17 brought by volume from Mae Moh 8. It expects to sign the Bt1.2bn contract for Sekong Mine soon. (Kao Hoon, 18/04/17)
TISCO reported 1Q17 net profit of Bt1.49bn, up 18.8% YoY on the back of higher interest and fee incomes. It expects to complete transfer of SCBT soon. (Thun Hoon, 18/04/17)
UAC is interested in investing in a power plant in Laos. It expects a decision to be made in 2Q17. It is preparing to sign the contract for a 20MW biomass power plant in Myanmar. It is also looking for a partner and expects construction to be started in this year. It plans to list UAPC within 2018. (Thun Hoon, 18/04/17)

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