BMCL expects to get a 25-year concession to operate MRT Blue Line, valued at Bt25bn. It has been awarded the operations of the Tao Poon-Bang Sue segment. It expects the Purple Line to be fully operational in August, 2016. (Thun Hoon, 14/09/15)
Comment: The line construction cost may be valued at that price, not the value of the contract that BMCL will receive
BSM is talking to A prospective partner in Australia to set up a subsidiary for exports. It expects to introduce new products in 1Q16. (Thun Hoon, 14/09/15)
EPG expects net profit to double this year. It targets 2015 revenue of Bt8.5bn on the back of numerous orders, lower material costs and the baht depreciation. (Khao Hoon, 14/09/15)
Comment: Meeting them later this week – let’s see if there’s any upside left here
IFEC is talking to prospective partner from overseas which is expected to be finalized this year. It has budgeted Bt6bn to invest in a 600MW power plant. 3Q15 earnings are expected to be good backed by the operational startup of the power plant in the south. It expects net profit of Bt300mn this year. (Thun Hoon, 14/09/15)
Comment: Blah blah, no cash
NNCL expects 2016 revenue to be good backed by 30% stake in SPP which is expected to operate June 2016. It expects 2015 revenue to be better than 2014’s Bt660.
PLANB expects 2015 net profit to be a new high on revenue of Bt1.9mn in the first eight months of the year. It plans to expand coverage both at home and abroad. (Khao Hoon, 14/09/15)
Comment: I’m still thoroughly impressed by this company’s progress in the past 12 months, you’ll see them everywhere in CBD Bangkok.
SENA plans to launch three projects with total value of Bt2bn. Its backlog is Bt2.5-2.6bn. It plans to ask shareholders for approval to increase capital by 262mn shares this month to invest in alternative energy business. (Khao Hoon, 14/09/15)
Comment: Fairly certain the deal will go ahead.
SPCG is talking to a prospective partner to invest in a 130MW solar farm in Japan. It expects the talks to conclude in 4Q15. It plans to construct the first phase (30MW) this year. It expects 2015 revenue of Bt5.5bn aided by whole year of booking revenue from a 260MW solar roof. (Thun Hoon, 14/09/15)
Comment: Perhaps one of the few renewable energy companies in Thailand that you can trust as they’ve achieved everything they’ve set out to do.
SYNTEC is talking to an overseas partner. It expects 2015 revenue of Bt7.3bn backed by a new project, which is expected to be concluded in 4Q15 and the sale of land on Ratchada. (Thun Hoon, 14/09/15)
TKT plans to expand its business by producing products in other business lines or introducing housing products. It plans to increase revenue from other business to 30% from 20% for diversification. It expects 2H15 revenue to be good backed by recovery in automotive production. (Thun Hoon, 14/09/15)
TK expects 4Q15 earnings to be good on the back of nano-finance. It plans to open 91 branches around the country. It expects 2015 revenue to grow 3% aided by government stimulus. (Thun Hoon, 14/09/15)
TRUE plans to have subsidiary True Move H Universal bid in the 4G Auction, both 1800 and 900 MHz. (Thun Hoon, 14/09/15) UNIQUE UNIQ is ready to bid for the double track project. It expects this to increase its backlog. It expects 2015 revenue of Bt10bn. (Khao Hoon, 24/09/15)
XO expects to increase sales by broaden customer base and launching new healthy products. It has been affected by the weakening in the euro but it plans to change its currency in sales from euro to baht. (Khao Hoon, 14/09/15