BJCHI expects a fall in revenue in 2016 as well as profit due to global economic factors and high competition. It has backlog of Bt2.2bn, of which it will book Bt600-800mn this year. It continues to bid for a new jobs worth Bt8.5bn to support 2017 earnings. (Kao Hoon, 22/11/16)
Comment: Thus the management’s confidence in their abilities to continue winning projects despite the decrease in oil prices has not panned out.
CNT continues to bid for new jobs. It plans for backlog of Bt12bn in 2017, which will lead revenue up 10%. It is ready to bid for government and private jobs. It is also interested in Myanmar and Cambodia markets for future growth. It expects 2016 revenue of Bt8-10bn. (Thun Hoon, 22/11/16)
Comment: I suspect that CNT could win several projects as a sub-contractor for the bigger players
EA expects 4Q16 earnings to grow, thanks to booking income from 278MW in solar farms, a return to production of biodiesel and no financial cost. It expects to COD a 126MW wind energy facility this year. It plans to move to the main board, which will increase its funding opportunities. (Kao Hoon, 22/11/16)
EPCO’s solar farm in Japan has started up. This is the Kyoto project with capacity of 12MW. It has begun to book revenue. It continues to invest in power plants in Thailand and abroad as planned. It expects to list EP on the SET in 2017. (Thun Hoon, 22/11/16)
FN has opened eight branches in Ayutthaya and expects good response. It plans to open two new branches in 2017 in major tourist areas and expects revenue growth of no less than 20% from 2016. It expects 2016 revenue to remain little changed from 2015’s Bt1.14bn. (Thun Hoon, 22/11/16)
Comment: Is there even a market for so many branches there? 
GLOBAL targets 2016 revenue growth of 10% with a new high for net profit. It plans to open no less seven branches. It has budgeted Bt2bn for expansion with a focus on Myanmar and Cambodia. (Kao Hoon, 22/11/16)

JSP launched six low-rise projects which will lead to revenue growth of 60%. It has budgeted Bt1bn to buy land for future development. It plans to launch seven new projects with a total value of Bt4.5bn and targets revenue growth of 20% in 2017. It plans to issue a Bt3bn debenture to support liquidity. (Thun Hoon, 22/11/16)
MACO expects 2017 revenue to grow no less than 20% supported by the acquisition of MTS. It expects to conclude at least one deal to acquire business in early 2017 from its negotiations with 2-3 parties both in Thailand and abroad. It expects 2016 revenue to remain at 2015’s level with target growth at 5-10%. (Thun Hoon, 22/11/16)
MEGA has budgeted Bt605mn to acquire BiO-LiFE Marketing, a lead supplement company in Malaysia. It is confident that this will support growth in the future. (Kao Hoon, 22/11/16)
Comment: Ah that would explain the stock price performance in recent days
NEP has bought new machines and increased its production lines to support 2017 revenue growth of no less than 50% from this year. It expects to have profit from 2018 and expects growth to double in 2021. (Thun Hoon, 22/11/16)
S plans to acquire business in Thailand and abroad. It has been negotiating with two parties worth no less than Bt3bn. It expects 2017 earnings to continue to grow and plans to launch two projects worth Bt6-7bn. It expects 2016 earnings be better than last year due to booking revenue from businesses it has acquired. It reported profit in 9M16, up from a net loss of Bt260mn in 9M15. (Thun Hoon, 22/11/16)
Comment: If they continue on their M&A spree do not be surprised to see a recap 
SIRI reports presales from The Line 2 project of more than Bt4bn in two days. It expects projects under its brand to continue to be popular. (Thun Hoon, 22/11/16)
SMT is confident that 2016 earnings will be good supported by its focus on high-margin products. It reported 3Q16 profit growth of 160%, with 9M16 profit of Bt102mn. (Thun Hoon, 22/11/16)
Comment: So the turnaround is well under way with the profitable figures in 3Q16, the question is now only valuation…
SPCG targets 2017 revenue of reach Bt6bn, supported by the power business. It plans to expand abroad with a Japanese partner. (Thun Hoon, 22/11/16)
TASCO targets 2017 sales growth to 2.3mn tons as recovery of demand will help support rubber prices. It plans to increase capacity to 60,000 bbl per day. It plans to diversify to support future growth. (Thun Hoon, 22/11/16)
TICON has budgeted Bt1.5bn to expand its warehouse for industry in the north with a total area of 97,860 sqm on 140 rai. It expects to finish construction and with full opening in 2018. (Kao Hoon, 22/11/16)
XO plans to export its product after completion of its new factory in December. It targets 2017 revenue growth of 20%. It says 2H16 grow may be less than 1H16 but keeps its full-year revenue growth target at 15% YoY. It reported 9M16 revenue of Bt655.30mn, growth of 18.29%. (Thun Hoon, 22/11/16)
Comment: Whatever happened to their planned M&A?

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