BANPU expects 2Q16 earnings to be good backed by Hong-Sa power plant. It expects its 78.5MW solar farm in China to contribute revenue in 2H16. It plans to acquire more coal mines. (Thun Hoon, 30/06/16)
Comment: I have this awful feeling in my stomach that banpu could pull a thai airways despite the #’s not justifying it.
COLOR expects 2Q16 earnings to be good backed by higher sales. It targets market share of 25% with capacity of 45,000tons/day. It expects net profit to mark a record high. (Thun Hoon, 30/06/16)
CRANE expects large orders from Suvarnabhumi phase 2 and the east-west economic corridor. It expects to show net profit in 2H16. It expects 2016 revenue to grow 10% from last year’s Bt902.16mn driven by uptrend in construction. (Thun Hoon, 30/06/16)
Comment: Well they should be busy with renting out their cranes for all these infra projects too.
NEP plans to restructure by takeovers and JVs. It is budgeting Bt60mn to buy equipment in order to increase its capacity for high-margin products. It expects net profit to get back in the black soon and will apply dividend policy of 50% payout ratio. (Thun Hoon, 30/06/16)

PRIN expects 2016 revenue to reach Bt2.9bn. Its presales are Bt1.5-1.6bn. It plans to launch five projects, valued at Bt9bn in 2H16. It expects this to raise its presales to Bt3bn as targeted. (Khao Hoon, 30/06/16)
RATCH is budgeting Bt260mn to acquire 50% of Mount Emerald wind power plant in Australia. This will increase subsidiary RAC’s capacity to 654MW. It expects its total capacity of 6,957MW. (Khao Hoon, 30/06/16)
SITHAI targets revenue growth of 7% from last year’s Bt9.9bn and Bt445mn in net profit. It plans to invest both at home and abroad. It is talking to acquire a plastic plant in Myanmar. It plans to increase its exports. (Thun Hoon, 30/06/16)
SPALI expects 2Q16 earnings to be good brought by transfers. It plans to launch 25 new projects, valued at Bt25bn in 2H16. It expects presales to reach Bt24bn this year as targeted. (Thun Hoon, 30/06/16)
TKN expects sales to continue to grow in 2Q16 after 47% growth in 1Q16 on the back of growth in local and international markets. It expects to revise up its revenue target. (Thun Hoon, 30/06/16)
Comment: It’s still amazing growth #’s coming out of TKN, if you go to the airport you’ll see chinese tourists carrying boxes of their products, rather incredible
TNDT says its 20MW coal power plant progressing, and expects to supply electricity in 2017. Its backlog is Bt200mn. It plans to expand abroad. (Khao Hoon, 30/06/16)
TOG expects 2Q16 earnings of Bt45-50mn, up 10-20% from better production efficiency. It is budgeting Bt350mn to invest in automation for its production lines. (Khao Hoon, 30/06/16)
Comment: Similar to TCMC’s recent performance, they’ve both been hit because of exposure to the UK market, even though it’s relatively a small part of their revenues
VTE is budgeting Bt1bn to invest in a power plant in Myanmar. It expects to complete construction within two years. It plans to acquire a power business. It targets capacity of 500MW within five years. (Thun Hoon, 30/06/16)
WHA expects to benefit from government investment plan in the eastern seaboard. It expects this to raise its occupancy rate. It targets 2016 revenue of Bt17bn aided by sales and rentals. (Thun Hoon, 30/06/16)

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