BEAUTY expects 2016 revenue and profit to be a new high due to revenue growth of more than 45% in 2H16. It is negotiating with a partner to set up distributorship in Hong Kong and Taiwan; it expects the deal to be concluded in 4Q16. It expects revenue growth of no less than 20% for the next three years. (Kao Hoon, 01/09/16)
Comment: I have sat down with management and I suspect they just got lucky with the international business. Regardless its still growing and growing and growing
BKD will ask its board for approval to sell land for Bt500mn. It plans to take part in Bt1.5bn in bids. It expects 2016 revenue to grow not less than 20%. (Thun Hoon, 01/09/16)
CHEWA is confident that 2016 revenue will grow 20% from last year supported by backlog of more than Bt300mn waiting to be booked and transfers of more than Bt1.3bn. It plans to launch two projects in 2H16 valued at Bt1.94bn. (Kao Hoon, 01/09/16)
CHO expects 2016 revenue growth of more than 10% backed by backlog of Bt586mn, with Bt310mn of this booked as revenue this year. It has a new job worth Bt300mn and expects to sign the contract and book revenue this year. It has budgeted Bt800mn to expand by eight fullservice maintenance centers. (Kao Hoon, 01/09/16)
CPALL expects SSS growth to reach 3-5% brought by 7-Eleven stamp campaign and higher purchasing power from better farm income. It targets 12,000 branches within three years, with plans to open 420 stores this year. It expects a better margin from high margin products. (Thun Hoon, 01/09/16)
Comment: And just wait for the MAKRO turnaround + debt reduction 
FOCUS is talking to a prospective partner in France to take over a waste management business and expects to invest in the power business. It expects 2016 earnings to be good and for revenue to be higher than last year. It expects to take part in Bt800mn bids, of which it expects to get 50%. (Thun Hoon, 01/ 09/16)

GLOW is budgeting Bt3-5bn to invest in new power plants which are expected to replace the old one (expires in 2018-2022). It is considering investing in alternative energy at home and abroad. (Thun Hoon, 01/09/16)
PSTC expects alternative power plant capacity to reach 100MW in three years after shareholders approved a debenture of Bt2bn. It expects over Bt1.2bn revenue to come from the sale of electricity in 2018. (Kao Hoon, 01/09/16)
PTG expects 2016 EBITDA to grow 30% supported by a full year of selling oil. It has budgeted Bt4.6bn to expand. (Kao Hoon, 01/09/16)
Comment: Who can compete against these guys? #1 in Thailand within just a few years of going public.
RJH will begin trading today. IPO price was Bt16/share. It expects to use the funds of Bt1.1bn to support its growth and strengthen its already strong fundamentals. (Thun Hoon, 01/09/16)
Comment: Just like every other small IPO it has already performed v. well
SGP is studying investing in a gas warehouse, port to transfer gas, and a gas filling and power plant in Myanmar. It expects to conclude the deal by the end of 2016. It is confident that 2H16 earnings will grow, supported by higher LPG demand. It expects LPG sales volume growth of 5% this year. (Kao Hoon, 01/09/16)
SIRI plans to launch five new condos with a total value of Bt25bn. It expects these to raise 2016 condo presales to hit the target of Bt28bn. It has revenue from sales of Bt11bn in first seven months or 40% of its target. (Kao Hoon, 01/09/16)
Comment: Expect rather poor years for 2017-2018 before the JV with BTS starts kicking in decent #’s in ’19
TGPRO expects growth in 3Q16, brought by orders from Europe and ASEAN. Sales achieved 20% of 2Q16 sales within two months. It expects to benefit from public projects. It expects to show net profit and plans to wipe out retained losses. (Thun Hoon, 01/09/16)
THAI is budgeting Bt7bn in 2017 to buy seven aircraft and open more routes. It expects this to lift revenue and earnings growth. It has received delivery of an A350 XWB and expects this to increase its passenger growth by 50% per aircraft. (Thun Hoon, 01/09/16)
TLUXE expects 2H16 earnings to be better than 1H16 after it noticed a recovery sign in 2Q16 on seasonality. It expects its business to turnaround. (Thun Hoon, 01/09/16)
TM price jumped over 56% over IPO price on first trading day, closing at Bt4.68 above IPO. It plans to expand in response to higher demand for medical equipment. It is confident that 2016 revenue will grow 20% and targets 2017 revenue growth of 20%. (Thun Hoon, 01/09/16)
Comment: Boom! Another winner on the first day
YUASA expects solid growth over the rest of the year thanks to higher demand. It expanded to Cambodia and Myanmar and expects to be a leader there. It expects 2016 revenue to grow not less than 10% backed by orders from home and abroad. (Thun Hoon, 01/09/16)

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