BLAND will book extra profit of Bt3.8bn in two quarters after expiration of the court case allowed it to reverse provisions. This will push 1Q14 net profit up YoY. Dividend per share is expected at Bt0.03-0.04. (Khao Hoon, 21/04/14)
Comment: This + its REIT has both already been priced into the stock price

CHO says 1Q14 was good after customers orders surged, pushing its backlog to hit Bt1.3bn. It expects revenue for the year will increase by 15%. It said it will also take part in the NGV bidding this May and targets to produce 500 trucks. Today will be the last day to buy CHO for dividends; XD on 22 April. (Khao Hoon, 21/04/14)

DEMCO negotiating for JV in Laos and obtained a power plant project in Laos. Its 2014 performance will be strong, supported by bids for many projects. It expects to obtain new projects worth Bt3.2bn and wants to bring energy portfolio up to over 200MW. (Tun Hoon, 21/04/14)
Comment: It’s value in the Wind Energy Holdings company has gone up some 3x as the firm had continued to raise capital at higher valuations since inception.

Brokers expect ICHI’s prices to run to Bt18.00/share from its IPO price of Bt13.00 on its first day trading today, supported by its steady business growth. Net profit for the year is expected to exceed Bt1.3bn. ICHI’s owner, “Tun”, expects investors to continue accumulating shares today for long term investment. (Khao Hoon, 21/04/14)
Comment: This is how you successfully do an IPO

Negotiating for solar in Japan — Management says the company is negotiating with its partner about doing a solar farm business in Japan. It expects Bt2-3bn revenue per year and revenue growth of 30% YoY to Bt1.7bn in 2014. (Tun Hoon, 21/04/14)

TIPCO enjoys baht depreciation, which boosted 1Q14 performance from Bt1.32bn in 1Q13. It expects revenue of Bt6.6bn in 2014 supported by robust domestic and overseas demand. It continues to expand in Vietnam. (Tun Hoon, 21/04/14)

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