BAY targets SME loans growth of 3.8% this year, raising loans to Bt160bn. 2017 loan growth will be lower than last year’s 14% because it will focus on credit quality. It expects bad debt to be lower than last year in line with economic recovery. It targets to be the main bank for customers. It wants to support the government’s e-payment system. (Dokbia Business, 04/04/17)
Comment: I was ranting to friends the other day, that despite interest rates being at record lows, its close to impossible as individual to taken advantage of it. And yet despite the thai banks relatively high interest rates (mortgages are still 6-7% p.a. yes yes with a 1-3 year period of loan rates, but still ridiculously high) and focus upon “credit quality” NPL’s and bad debts are still quite high. 
BTS sees a positive outlook for the next four years from train operations covering 141km. It expects revenue to increase three-fold from FY2016-2-17’s Bt8bn. It recently signed a Bt161bn contract to operate the MRT Green Line (North-South). It also expects to sign contracts for the MRT Pink and Yellow Lines in May. Yesterday the government gifted commuters with a free ride on the Green Line until the end of the year. (Kao Hoon, Bangkok Post, 04/04/17)
CENTEL expects 1Q17 performance to be better than 4Q16 thanks to a higher occupancy rate. It is budgeting Bt2.5bn for business expansion in both hotel and food units. (Thun Hoon, 04/04/17)
CHG expects 1H17 performance to be good on the back of 60-70% patient growth. It plans to expand its beds in 2Q17. It expects its spa business to be good with a high margin. It expects 2017 revenue growth to hit target of 15-20%. It is looking for an acquisition. (Thun Hoon, 04/04/17)
CPF acquired Westbridge Food Group Limited in U.K. for Bt2.6bn. It expects this transaction to be done within April. (Thun Hoon, 04/04/17)
Comment: Ohh an acquisition that is not a family company, thats a positive.
CWT got car seat orders for four models from two Japanese car producers. It expects cooperative solar farm and biomass power plants to operate in this year. It continues to invest in alternative energy. (Kao Hoon, 04/04/17)

EASTW expects 1H17 performance to be good on seasonality and robust outlook for supplying tap water in industrial estates. It is looking for a new client segment. It expects 2017 sales to be higher than 282 cubic meters. (Thun Hoon, 04/04/17)
Comment: Just like TTW, steady steady. It’s interesting that water, is the only utility that the government has once tried to wave its magic hand at to force for lower prices (i.e. electricity, tollways, trains etc)
EGCO completed transfer of 20.07% stake in Chevron’s geothermal power plants in Indonesia (Darajat and Salk geothermal) for a total of 402MW. It expects this to support its growth. (Kao Hoon, 04/04/17)
ESSO is budgeting Bt1.5bn to open more service stations from the current 542. It plans to do R&D and marketing campaigns to boost sales. It expects marketing campaigns to increase 2017 sales by 5%. (Thun Hoon, 04/04/17)
JWD set up solar rooftop to lower expense and increase gross margin. It plans a next phase, with operations starting in 4Q17. (Kao Hoon, 04/04/17)
NEWS sees a robust business outlook with double-digit growth. It is looking for a partner to be an organizer abroad to boost revenue. It plans to offer PP to foreign partners and will use the Bt300-400mn it expects to get for working capital of. (Thun Hoon, 04/04/17)
ROJNA targets land sales of 400-500 rai this year. It is negotiating with Chinese clients to sell 100 rai of land. It expects SPP3 to contribute revenue of Bt1.2bn as it expects 90MW to operate in mid-2017. It expects this to contribute a full year of revenue in 2018. (Thun Hoon, 04/04/17)
SIRI targets 2Q17 presales of Bt10bn (+40%) from 1Q17’s Bt7bn. It plans to launch four projects valued at Bt12.6bn in 2Q17. (Kao Hoon, 04/04/17)
Comment: And this stock continues to creep up and up day by day, round 2 is otw.
SYMC expects to sign contract for fiber optic cable in mid-2017. It is talking with clients both at home and abroad. It expects this to contribute Bt90mn in revenue in 2H17. It targets 2017 revenue to grow 15%. It plans to expand its internet broadband network. (Thun Hoon, 04/04/17)
TSE expects 5-6MW Japanese solar farm to operate in 3Q17. It is studying investing in 10MW power plants. It plans to ask approval from shareholders on April 19. (Thun Hoon, 04/04/17)
WORLD is budgeting Bt889.14mn to acquire two IE licenses at Bangpoo and in Lampoon province. It plans to develop IEs worth Bt5.3bn to handle EEC. (Kao Hoon, 04/04/17)

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.