BJCHI expects to get a new job worth Bt10bn to add to its backlog of Bt3.1bn. It plans to expand to a new market. It expects 2016 revenue to grow 15% from Bt5.75bn last year supported by backlog awaiting booking. (Thun Hoon, 22/08/16)
Comment: Regardless of the oil price decline BJCHI still seems to somehow continue winning projects
CK expects 3Q16 to be good as it will book backlog. It plans to bid for big government projects such as Orange Line worth Bt300bn and expects to get 20-25% of its bids. (Thun Hoon, 22/08/16)
CRANE got the job of managing Trang port and providing service for cranes. It expects to book revenue of Bt30-50mn this year. It expects a lower net loss this year because of higher demand from public investment. (Khao Hoon, 22/08/16)
CSS expects 3Q16 to be good as it expects to get jobs in Suvarnabhumi Phase 2 and from BTS. This will add to its backlog of Bt1.3bn; it also expects revenue from its subsidiaries. It is confident that 2016 revenue will hit target of Bt5bn with revenue of Bt10bn over the next three to five years. (Thun Hoon, 22/08/16)
FPI is confident that 2H16 earnings will grow strongly and add to profit, supported by a weak baht, low oil price and low plastics prices. It plans to increase painting capacity by 35% in September to support OEM orders. It expects revenue growth of at least 10%. The board approved an interim dividend of Bt0.06/share, XD on Sep 9. (Thun Hoon, 22/08/16)
GLAND plans to invest in office building for rent (The Super Tower), valued at Bt18bn in 2017. It believes this will bolster revenue. It expects to book revenue from leasable area at G Tower in 3Q16 after occupancy rate reached 70%. (Khao Hoon, 22/08/16)
Comment: Still part of the longterm master plan, we do suspect a REIT will be announced in due course given the need for capital

GPSC will pay an interim dividend of Bt0.45/share or 43% of net profit, XD on Aug 30 and payment on Sep 14. (Thun Hoon, 22/08/16)
ITD get a new job worth Bt1.85bn to support its backlog and expects to sign Krabi power plant contract after it won the bidding. (Thun Hoon, 22/08/16)
JMART expects 2H16 earnings to be good, with revenue and net profit growing 30% backed by cooperation with affiliates, which will use an investment budget of Bt39bn. It expects to restructuring into a holding company next year. (Khao Hoon, 22/08/16)
Comment: They are doing interesting things with the shift in holdings between JMT and JMART
KWG plans to launch new business plans after the King Wi Group takeover. It expects to launch a new project worth Bt1bn this year. (Thun Hoon, 22/08/16)
LOXLEY’s business is recovering and it expects 2H16 to be outstanding supported by bids for a new job. It has backlog of Bt9.8bn and will book 30-40% of that this year. It plans to expand to renewable energy and health products. It expects revenue to grow 20-25%. (Thun Hoon, 22/08/16)
MILL target 2016 revenue of Bt15bn and expects steel sales of more than 1mn tons backed by government projects. Its steel factory in Myanmar has started commercial runs and it will book revenue in 3Q16. (Thun Hoon, 22/08/16)
NOK expects 4Q16 turnaround after increasing flights to 11/hour and receiving delivery of four new airplanes at the end of 2016. It plans to expand to China, which will expand its customer base. (Thun Hoon, 22/08/16)
NYT plans to develop 80 rai of land near A5 port. It plans to build warehouses for clients. This will increase its warehouse space by 120,000sqm and bring total leasable area to 270,000 sqm. (Post Today, 22/08/16)
Comment: And the monopoly that is NYT continues to expand. If you believe in Thailand still continuing to export cars to the region then this is one of the easiest plays.
PPS expects 2H16 earnings to be good backed by Bt300mn backlog. It plans to take part in two public project bids. Its 6M16 net profit was Bt6.56mn. (Khao Hoon, 22/08/16)
QH reported 2Q16 revenue of Bt5.52bn or growth of 21% YoY, with a net profit of Bt895mn, growth of 33%. (Thun Hoon, 22/08/16)
Singapore investors are interested in SF shares because of its strong fundamentals. It expects 2016 revenue to grow 25% driven by higher leasable area. It is budgeting Bt600mn to renovate Thung Mahamek mall. (Thun Hoon, 22/08/16)
TRT reported 2Q16 sales of Bt597.34mn, up31.31% on the back of transfers. It expects 2016 revenue to be higher than Bt3bn aided by Bt3.46bn in backlog. (Thun Hoon, 22/08/16)
TSE targets power capacity to reach 150MW at the end of this year. It plans to expand its Japanese solar power by 50MW. It is talking to a prospective partner to invest in the power business in the Philippines. It expects 2H16 earnings to be good. (Thun Hoon, 22/08/16)

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