BAY expects auto loans to grow 3% to Bt262bn despite a slowdown in new loans. It is looking for a partner to expand into loans for used cars. (Thun Hoon, 27/04/16)
Comment: I can see BAY actually taking away market share from TCAP in this. 
BJCHI will pay dividend of Bt0.5/share, payment on May 19. It took part in Bt6.5bn in bids, and expects the results to be announced in 2Q16. (Thun Hoon, 27/04/16)
COM7 signed a contract with TRUE to operate 166 True shops in BIGC and Tesco. It expects 2016 revenue to hit Bt17bn with net margin of 3%. (Khao Hoon, 27/04/16)
Comment: New iphone, new macbook, and now a new deal. I’m banging my head against the wall.
DELTA reported 1Q16 earnings of Bt1.25bn (+19%) because of lower sales in embedded power supplies and higher expense. (Khao Hoon, 27/04/16)
Comment: It appears that nearly every electronics manufacturing company in the region will have rather weak growth for the foreseeable future

DRT plans to expand its market abroad by focusing on CLMV+I because of high demand. It will pay a dividend on 2H15 performance of Bt0.13/share, payment on May 23. It targets 2016 revenue to grow 5%. (Thun Hoon, 27/04/16)
EASON expects 1H16 revenue to reach Bt269mn, driven by more orders at home and abroad. It targets 2016 revenue to grow 10% from last year’s Bt513.7mn backed by uptrend in auto sector abroad. It is budgeting Bt60mn to invest in power plants. (Thun Hoon, 27/04/16)
HMPRO reported 1Q16 net profit of Bt866.18mn (18.06% growth) with total revenue of Bt14.644bn (+11.57%) brought by SSS and new stores. (Khao Hoon, 27/04/16)
Comment: Boom!
KBS will pay a dividend of Bt0.05/share, XD on May 9. It expects 2016 performance to turn around from a net loss of Bt50.18mn. It expects to invest in a sugar plant with capacity of 20,000tons/day. (Thun Hoon, 27/04/16)
MODERN expects 2H16 revenue to be better aided by government stimulus measures. It expects 2016 revenue to be close to last year’s. It targets sales to grow 20-30% from its healthcare business. It is budgeting Bt200mn to open an outlet at Nava Nakorn and expects it to be finished in 4Q16. (Khao Hoon, 27/04/16)
NDR targets 2016 revenue of Bt1bn after it launched a new product (air lock). It is budgeting Bt50mnm to invest in solar roof, expects this to lower its electricity cost. (Khao Hoon, 27/04/16)
NWR expects to get a new project after getting Bt5.2bn in new projects, raising its backlog to Bt13-14bn. It expects this to support its 2016 performance from a net loss of Bt173.84mn in 2015. It expects to book an extra item. (Thun Hoon, 27/04/16)
Comment: We wouldn’t be surprised to see them raising capital later this year or next to bid for the larger infrastructure projects 
PTTEP cost-cutting target achievable, says CEO – PTTEP’s target of cutting its petroleum production cost by a further 10% to about US$35 (Bt1,230) a barrel this year – while maintaining output – is achievable, president and chief executive officer Somporn Vongvuthipornchai said yesterday. (The Nation, 27/04/16)
RICHY expects 2016 revenue to increase significantly from Bt513.91mn thanks to many projects and Bt900mn in transfers. Its shareholders approved a Bt3bn debenture. (Thun Hoon, 27/04/16)
SCC will report 1Q16 earnings today. It expects 1Q16 net profit of Bt11.7bn (+6%) brought by its petrochemical business and better spread. (Khao Hoon, 27/04/16)
SCN plans to cooperate with Osaka Gas. It expects this to increase its iCNG sales to 8,000BTU/day. It expects 2016 revenue to hit Bt3bn (+40%). It expects to complete the acquisition of three NGV gas stations by the end of this year. (Khao Hoon, 27/04/16)
Comment: Again this business is quite lumpy, although the NGV stations do have a nice continuous revenue stream
SGP expects to benefit from higher LPG price which will support 2Q16 earnings. It expects 2016 revenue to grow 5% from last year’s Bt58.3bn on the back of numerous orders and broadening its customer base. (Thun Hoon, 27/04/16)
SUPER says its 31.8MW power plant is ready to start commercial operations. This will bring total capacity to 268MW. (Khao Hoon, 27/04/16)
TPCH says its 8MW biomass power plant is operational. It expects 2016 revenue growth of 150%. It targets capacity to reach 200MW within five years. (Thun Hoon, 27/04/16)
Comment: Their aim has never changed, it’s only ever been delayed.
TPIPL being charged – The Department of Primary Industries and Mines has filed civil and criminal charges against TPI Polene for unauthorised mining and seeks damages for the state in excess of Bt6 billion. (The Nation, 27/04/16)
True Corp remains undecided on bidding for 900MHz licence — TRUE CORP says it needs two more weeks to consider whether it will join the new auction for a 900-megahertz licence. The company is waiting for its adviser to study the issue and make recommendations to its board, Suphachai Chearavanont, chief executive officer, said yesterday. (The Nation, 27/4/116)
Comment: This sector is in such a mess. I can see a world where True does bid for the new auction if only to just destroy the entire market and take everything

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