BKD expects to book Bt400mn extra gain from selling land in 2Q17. It plans to ask approval from its board to pay an extra dividend. It targets 2017 revenue growth of 20%. It plans to take part in Bt1mn bids. (Kao Hoon, 27/03/17)
CCP expects 1Q17 performance to be good on seasonality. It targets 2017 revenue to reach Bt2.6bn on more construction. It expects to increase backlog from Bt2.5bn now, which covers revenue through next year. It expects to get more projects from EEC. (Thun Hoon, 27/03/17)
JWD plans to launch a new model for logistics service in 2Q17. It targets 2017 revenue to grow 7% from last year. It plans to set up solar rooftop to reduce expenses and thus increase margin. (Thun Hoon, 27/03/17)
Comment: Where is your magical REIT JWD?
NWR targets 2017 revenue growth of 10% aided by Bt14.59bn backlog. It expects 40% of total backlog to be booked this year. It plans to take part in Bt55.52bn bids and expects to get 10%. (Kao Hoon, 27/03/17)
Comment: Could and should benefit from the infrastructure projects.
SANKO targets 2017 revenue to grow 10% from 2016’s Bt414.58mn. It expects to widen gross margin to 15% by implementing cost control. It targets exports to comprise 10%. (Thun Hoon, 27/03/17)
SAT targets 2017 sales to grow 2-4%. It expects domestic car production to grow 2% to 2mn units. It is talking to a prospective partner to extend its line for truck parts and introducing new models. It expects a decision to be made this year. (Kao Hoon, 27/03/17)
Comment: Still one of the most professionally run automanufacturers in Thailand, plus they made the clever move of diversifying some of their revenues to agricultural equipment
SCN has entered into an NGV sales and purchase agreement with PTT. It is budgeting Bt225mn to invest in two NGV stations. (Thun Hoon, 27/03/17)
SEAFCO reported the highest backlog of Bt1.5bn. It expects revenue to mark a record high of Bt2bn on the back of work on hand and upcoming projects. It is talking to a prospective partner about investing in Cambodia that it hopes will bring exports up to comprise 10%. (Thun Hoon, 27/03/17)
SPALI reports backlog of Bt36.5bn, sufficient to provide revenue until 2020. It targets 2017 revenue to reach Bt24.5bn. (Kao Hoon, 27/03/17)
STEC expects no impact from the delay of five dual-track projects. Its backlog is Bt87bn, enough to cover revenue until 2020. (Thun Hoon, 27/03/17)
Comment: It’s sentiment driving this stock (as well as every other one in the sector) but if you’re looking @ earnings then well its different story..
TOG expects 1H17 performance to be outstanding on numerous orders from expansion abroad. It plans to increase its capacity by 15-20% in 2H17. It is waiting for a license to expand to U.S. (Thun Hoon, 27/03/17)
TTCL expects 2017 performance to recover supported by 120MW power plant in Myanmar and revenue contribution from Bt15bn backlog. It targets new projects of US$800-1000mn this year. (Kao Hoon, 27/03/17)
WICE expects 2017 net profit to reach Bt128mn, up 65.9%, backed by a positive industry outlook, its service expansion and a full year of revenue contribution from SEL. (Kao Hoon, 27/03/17)
Comment: Again this is backed by the SEL acquisition. Now what will they have in store for 2017