BDMS
BDMS expects 2017 net profit of Bt9.4mn on the back of more patients. It expects its Wellness Clinic to open its doors this year, targeting the high-end segment. (Kao Hoon, 20/04/17)
Comment: Random thought – which listed companies provide the medical equipment and supplies to all these hospitals?
 
BEAUTY
BEAUTY plans to hold a roadshow in Europe to attract foreign investors. It expects to make a final decision in May. It targets 2017 revenue growth of 20% from last year on the back of numerous orders. It also plans to open more branches to expand its coverage. (Thun Hoon, 20/04/17)
FC
FC expects to wipe out retained losses this year. It targets 2017 revenue to reach Bt1bn. It is budgeting Bt600mn to acquire businesses and for business expansion to underwrite solid growth. (Kao Hoon, 20/04/17)
Comment: A quick call to them earlier this year indicated that they have no idea what they are doing.
 
PJW
PJW expects construction to start on its Bt300mn plant in China in mid-2017 with completion in 1Q18. It expects this to contribute revenue of Bt1bn in 2022. It expects 2017 revenue growth of 30%. (Thun Hoon, 20/04/17)
PRIN
PRIN expects conclusion of its business plan by April 28. It plans to launch four projects with total value of Bt1.8bn in 2H17. (Kao Hoon, 20/04/17)

PYLON
PYLON expects 2017 performance to be better than last year. It expects to get more public and private projects in 2H17 which will increase its backlog from Bt500mn. (Kao Hoon, 20/04/17)
SEAFCO
SEAFCO expects to get projects from three mass transit lines. It expects 2017 revenue to reach Bt2bn with solid backlog. (Kao Hoon, 20/04/17)
Comment: If you read the q&a we had with SEAFCO the other week you’ll realise that this company isn’t going after every project in the market, so the current valuation makes zero sense. 
 
SNC
SNC continues its power business and expects a 3.5MW power plant to start operations soon. It expects this to lower its electricity expense. It expects its 3MW waste power plant to start up soon. It expects cost controls to improve 2017 performance. (Thun Hoon, 20/04/17)
SPALI
SPALI achieved 1Q17 presales of Bt7.5bn, up 20% YoY, supported by new launches. Its existing backlog is Bt36.5bn. It estimates 2017 revenue to reach its target of Bt24.5bn with presales of Bt27bn. (Thun Hoon, 20/04/17)
SUPER
SUPER selected BBL as its FA to set up an infrastructure fund. It expects to submit the filing soon. The funds from the infrastructure fund will be used to lower its debt after paying Bt1.2bn in interest expense in 2016. It expects 2017 revenue to reach Bt10bn. (Kao Hoon, 20/04/17)
Comment: Has to be done given that they can’t raise $ from warrants
 
SYNEX
SYNEX expects 2017 revenue to mark a record high of Bt28.5bn (+20%) aided by growth of the smartphone market. It plans CCTV line expansion under the Lemel brand in mid-2017. (Kao Hoon, 20/04/17)
TCJ
TCJ expects to benefit from infrastructure projects as these raise demand for cranes. It continues to look for new projects that it can add to its existing backlog of Bt200-300mn. It expects higher steel demand after the government enforced anti-dumping regulations against imports from China. (Thun Hoon, 20/04/17)
Comment: Was wondering why CRANE itself isn’t moving faster. 
THANA
THANA expects 1Q17 presales to be good after it switched its focus to online marketing. It plans to launch THANA Habitat Pinkloa-Siridhorn, worth Bt800-900mn, in 2Q17. (Kao Hoon, 20/04/17)
TPIPP
TPIPP expects 1Q17 performance to be good brought by production of 197MW of electricity and four power plants that will increase its total capacity by 150MW. It also expects to benefit from a higher Ft rate (May-Aug 2017). (Kao Hoon, 20/04/17)

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