BEAUTY
BEAUTY expects 2015 revenue to grow 20% backed by SSS growth, new outlets, and new products. 2Q15 revenue is expected to achieve target. (Khao Hoon, 17/07/15)
Comment: Given that they say Chinese travelers are one of their biggest customer segments, with the continued increase in Chinese tourists to Thailand, would this continue to have a positive effect for BEAUTY?

BIG
BIG plans to hold marketing campaigns for Big Camera, Big Pro days and Photo Fair as appropriate for the season. It is confident 2015 revenue will hit its target of 10%. (Khao Hoon, 17/07/15)

BLA
BLA expects 2Q15 earnings of Bt1bn (+500%YoY). Management says 2015 earnings will be good as it focuses on long-term insurance. (Khao Hoon, 17/07/15)
Comment: That’s quite the turnaround for BLA.

FORTH
Board okays a JV with Bt100mn registered capital (Bt52mn from FORTH). The objective of this JV is to invest in online top-up business. (Khao Hoon, 17/07/15)
Comment: Always liked forth but only because of (below) its stake in FSMART

FSMART
FSMART is working with PLANB to broaden its customer base for the ad business. It expects top-up sales of Bt15bn. It is talking to SUSCO about installing more top-up machines. 3Q15 performance is expected to be good. (Thun Hoon, 17/07/15)
Comment: FSMART is expanding its tentacles into every possible segment.

KTB
KTB and DOH plan to introduce M-Pass, targeting 60,000 cards this year and 100,000 in 2016. (Thun Hoon, 17/07/15)

NDR
NDR is looking for a partner to invest in a new project to expand markets at home and abroad. It expects 2H15 earnings to be good, benefitting from numerous orders from India and Malaysia. It expects 15% revenue growth in 2015. (Thun Hoon, 17/07/15)

PAF
Investors are interested buying PAF shares at Bt6.2 per share. It plans to invest in the power business with a goal of 50MW under PPA. It got OEM orders from ICC, aiding in the recovery of its business. (Thun Hoon, 17/07/15)

PTTEP
PTTEP expects to show a net loss in 2Q15 from oil hedging. It is looking for a partner to invest in oil sands. It expects average oil price of US$60/barrel. (Khao Hoon, 17/07/15)
Comment: A loss from oil hedging? Wait, so they hedged on the price as it rebounded? Shouldn’t the CFO be shot for this?

ROJNA
ROJNA expects 2Q15 earnings to rise aided by transfers of land and revenue from its power business. (Thun Hoon, 17/07/15)

SAMTEL
SAMTEL expects to benefit from government bids which are expected to increase backlog to Bt15bn at the end of this year. (Thun Hoon, 17/07/15)

SIAM
SIAM plans to expand its product line. It plans to ask shareholders for permission to invest in a power plant on August 4. It plans to set up a subsidiary to handle the power business with a goal of 100MW. It says it has enough capital. (Thun Hoon, 17/07/15)

SLP
SLP expects 2015 revenue growth of 10% thanks to large orders. It plans to bid for more jobs. Its new plant is expected to be finished in 2017. (Thun Hoon, 17/07/15)

SOLAR
SOLAR is pleased that TMB will provide loans for solar roof business. It has budgeted Bt750mn to increase capacity. (Thun Hoon, 17/07/15)

STA
STA expects 2Q15 earnings to be nearly the same as 2Q14 on sales of 260,000-270,000 tons, but it is confident 2015 sales will hit target of 1.2mn ton backed by seasonality. It plans to increase capacity to maintain market share. (Thun Hoon, 17/07/15)

STPI
STPI plans to hurry projects along to meet completion deadlines. It is waiting for 4-5 bids. It is confident 2015 revenue will achieve target of Bt12bn. (Thun Hoon, 17/07/15)
Comment: I’ve always been impressed by STPI’s ability to achieve in projects, they and BJCHI say that their comp advantage is that labour is far cheaper in Thailand versus korea/singapore etc, but on par with chinese in terms of costs but better in quality.

TOP
TOP expects 2Q15 profit of Bt6.1bn (+36%) aided by Bt2bn stock gain. It expects the petrochemical business to show a net profit of Bt14.5bn this year from 2014’s loss of Bt4bn. (Thun Hoon, 17/07/15)

TVO
TVO benefits from increasing in soy pulp. It expects 60% revenue from selling soy pulp. (Khao Hoon, 17/07/15)

VGI
VGI plans to introduce LED ad business in 10 provinces. It expects 1QFY16 (April– June 2015) to be good backed by stable growth in ad business on BTS. (Khao Hoon, 17/07/15)