BWG expects 2Q16 net profit to be good backed by revenue from industrial waste management service. It expects 2H16 earnings to be good aided by 9.4MW power plant and RDF (Refuse-Derived Fuel). It expects 2016 net profit of Bt379mn and expects to grow 50% next year backed by its 2nd power plant. (Thun Hoon, 31/05/16)
Comment: And they are issuing warrant after warrant for this. I’ve always liked the idea of industrial waste management but it looks like the focus of the company has shifted to powerplants more and more.
CSS expects to book revenue from communication system projects of ADVANC and DTAC. It expects 2016 revenue to hit its target of Bt5.3bn. It plans to take part in bidding for 15MW solar cell. It plans to expand abroad. (Thun Hoon, 31/05/16)
Comment: A retail darling at one point, could it be time for part 2?
EPG reported FY2016 net profit of Bt1.413bn, up 123%YoY, driven by all three business segments. It will pay a dividend of Bt0.12/share, XD on Aug 2. (Khao Hoon, 31/05/16)
IFEC expects 2Q16 net profit to back to the black from net loss in 1Q16 and higher than 2Q15 due to Bt700mn extra gain from debt restructuring at Dhara Dhevi. It expects Dhara Dhevi to exit from its rehabilitation plan in June and list on the SET in 2017. (Khao Hoon, 31/05/16)
Comment: Hmmm. Ok. A renewable hotel owner.
INET expects 2016 revenue to grow 30% from Cloud Solutions business as it plans to expand INET-IDC phase 3 in Saraburi. It plans to increase capital (262.52mn shares) to get funding for Phases 2 and 2, which it expects will cost Bt1bn. (Khao Hoon, 31/05/16)
IVL expects 2Q16 sales to increase not less than 70% brought by MEG in U.S. and acquiring PET/PTA business in Spain, which has increased its capacity by 1.74mn ton/year to a total capacity of 10.7mn ton/year. (Thun Hoon, 31/05/16)
Comment: The turnaround company for the year? If they keep revaluing their company purchases then sure why not.
ORI expects 2016 revenue of Bt4bn on the back of Bt7.238bn backlog and Bt3.64bn in transfers. It expects 2H16 presales to reach Bt4.796bn against its full-year target of Bt7.5bn (Khao Hoon, 31/05/16)
PSTC plans to take part in bids for 20MW PPA in the south and expects to get 5-8MW. It plans to invest in more alternative energy, plans to ask approval from its board today. It expects significant growth in 2H16. (Thun Hoon, 31/05/16)
PTG expects 2016 net profit to be better than last year aided by higher sales. It targets Max card members to reach 5.6mn at the end of this year. It targets 1,500 petrol stations. It expects a decision to be made on the 5MW waste power plant in 3Q16. (Khao Hoon, 31/05/16)
Comment: The membership numbers are the most interesting to me. 5.6 mn represents what percentage of actual drivers? 20%? 30%? That’s incredible.
PYLON expects 2H16 earnings to be good. It expects net profit to mark a record high in 2017 supported by public mega projects. Its backlog is Bt600mn. It plans to take part in Bt1bn in bids and expects to get at least 25% of what it bids for. (Khao Hoon, 31/05/16)
RATCH expects construction to start on the A$380 (Bt9.5bn) 180MW Mount Emerald wind power plant this year, with commercial operations in 2018. (Khao Hoon, 31/05/16)
RICHY says presales of Rich Park @Triple Station have reached Bt1.3bn or 50% of total project value of Bt2.7bn. It targets presales of Bt2bn this year. (Thun Hoon, 31/05/16)
SIM expects to sign a contract to broadcast premier league games for Bt170mn. It is looking for other businesses to lessen the risk from the mobile phone business. It expects its performance to be better in 2H16 with 2016 revenue reaching Bt8bn. (Thun Hoon, 31/05/16)
TFG plans to implement cost control and capacity expansion. It plans to increase its capacity to 500,000 broilers/day from 360,000 by the end of this year. It expects this to support expansion of 33 branches and exports to Japan and Europe. It expects 2016 revenue to grow higher than 15%. (Khao Hoon, 31/05/16)
Comment: Similar to IVL in terms of accounting profits, a turnaround for the year?
TPOLY expects to show net profit in 2Q16 from a net loss of Bt133mn in 1Q15. It expects to get more projects. It is working on controlling costs. It targets 2016 revenue to grow 10% from last year backed by growth in construction. It expects to get more projects which will increase its backlog from Bt4.5bn. (Thun Hoon, 31/05/16)
Comment: And they do have a property project that should be transferring in the next year or 2