BAY
BAY to expand to more global companies. Following an impressive loan growth of 14.5% in 1Q18, BAY plans to expand its client base from Japanese clients to other global companies. Its key business strategy is to support businesses in the Eastern Economic Corridor (EEC). (Kao Hoon, 31/5/18)
Comment: I still think that this bank has a lot more potential given its backers today.
BLAND
BLAND posted earnings of Bt1.23bn, down 33% YoY despite a 40.5% surge in revenue . The firm also announced a DPS of Bt0.09, XD on August 6. (Kao Hoon, 31/5/18)
BTS
BTS reported stellar earnings of Bt4.4bn, up almost 120% YoY, underpinned by its all major core businesses. The firm also announced a DPS of Bt0.185 as the final dividend. For this year, BTS has set a revenue growth target of 200% YoY driven by all business units but particularly mass transit. It also indicated that it will bid for all projects including the high-speed rail system and all the rail mass transit lines. (Kao Hoon, 31/5/18)
Comment: This helps to explain the stock price increase form 8 to 9.5 in the past 2 months. Good performance accompanied by good IR 
EGCO
EGCO says it will continue to invest in projects overseas, including Xayaburi Power Plant (XPCL) in Laos and the San Juan Ventura Power Project (SBPL) in the Philippines. It plans to diversify to renewable energy to where it accounts for 30% by 2026. (Thun Hoon, 31/5/18)
HARN
HARN says revenue outlook for 2Q18 is promising and is likely to increase by 10-12% YoY underpinned by backlog of Bt400mn. It also will ask for board approval to build a new warehouse for Bt200mn. (Kao Hoon, 31/5/18)
KTB
KTB remains confident that its loan growth will continue in 2Q18 driven by the government projects and personal loans. (Kao Hoon, 31/5/18)

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