Investors are interested in buying BWG shares via PP. It expects 2015 revenue to grow 15- 20% backed by marketing strategy. (Thun Hoon, 03/09/15)
Comment: Right…and we thought the SEC had crackdown on dodgy PP’s

ESSO expects 2015 performance to be the best in three years after net profit reached Bt3bn in 1H15 thanks to higher refinery margin and stock gain. It plans to eliminate Bt7bn in retained losses within 1-2 years and expects to pay a dividend. (Thun Hoon, 03/09/15)
Comment: What crack has this reporter been smoking? Yes 2Q15 was decent @ THB 3bn profits because of the inventory gain, however the company has lost some THB 12 bn in the past 3 years (’12-’14)

GPSC has signed contract with Sumitomo Mitsui Construction Co.,Ltd., Tohoku Branch (SMCC) to invest in a 20.8MW solar power plant. It expects this to start up by 2017. (Thun Hoon, 03/09/15)

KGI expects 2H15 revenue to be better than 1H15 on the back of increasing in and IB deals. (Thun Hoon, 03/09/15)
Comment: KGI has always been a rather interesting investment in during 4Q-1Q every year because of its dividend, just have a look at the historical share price performance

MEGA expects 2015 earnings to be good backed by the baht depreciation. It says it has not been affected by the economic slowdown. It plans to set up a subsidiary to manufacture pharmaceuticals in Indonesia, with startup in two years. (Bangkokbiznews, 03/09/15)

PS has launched a new condominium, Plum Condo Central Station, valued at Bt2.3bn. It achieved presales of Bt2bn within two weeks. (Khao Hoon, 03/09/15)

PAP expects to show a net profit this year although it reported a net loss in the first half. It plans to decrease steel inventory and expand customer base upcountry. It policy dividend is not less than 70% of net profit. (Khao Hoon, 03/09/15)

PTG plans to invest more in alternative energy business. It targets 100MW capacity by 2017. It is talking to acquire a 25MW biomass power plant, valued at Bt600mn. It expects this to be concluded in September. It has budgeted Bt2bn to invest in ethanol with a partner, planning to take a 70% stake. Management expects 2015 revenue to grow 6%. (Thun Hoon, 03/09/15)
Comment: It’s a clever move by management to continually look for new growth avenues and not resting upon their laurels

SAPPES targets revenue of Bt5bn by 2017. It plans to raise the proportion of exports to 70%. It revised down target growth from 20% but expects a double-digit number. It is considering acquiring and doing a JV to invest in food and beverage businesses both local and abroad, which it expects to be finalized in 2018. (Thun Hoon, 03/09/15)

SGP expects a net profit of Bt1bn this year from 2014 net loss of Bt514mn. 1H15 net profit was Bt403mn supported by a better LPG net margin from new clients from China. Sales in China comprise 30% of total revenue. (Post Today, 03/09/15)
Comment: A trading company, some years a great profit from inventory gains, other years a massive loss.

SMM expects 2H15 revenue to be good after it was granted a license for some sports events. It expects 2016 revenue to grow significantly as it will recognize revenue from this license for the whole year. (Thun Hoon, 03/09/15)

TMC expects exports to comprise 15% next year from 10% this year by expanding to India and Indonesia. It plans to move to its new plant by the end of this year, which will increase capacity by 60%. It expects 2015 revenue of Bt800mn with net profit. (Thun Hoon, 03/09/15)

TTA expects 2H15 earnings to be better than 1H15 net loss of Bt152.98mn thanks to BDI recovery. It plans to do an acquisition, with a decision to be made soon. It has cash of Bt14bn for this investment opportunity. (Khao Hoon, 03/09/15)

TVT expects 3Q15 earnings to be good aided by seasonality and high ratings for Dance Your Fat Off and The Price Is Right Thailand. It expects 2H15 performance to be better than 1H15. (Thun Hoon, 03/09/15)

UAC expects 2015 revenue to exceed its target of Bt15bn on the back of substantial growth in trading and power businesses. It targets to raise electricity capacity to 100MW by 2018. It is talking to acquire a 7MW power plant which is expected to be done soon. (Thun Hoon, 03/09/15)
Comment: Yes 100 MW but not 100% owned by UAC, regardless a nicely managed smaller co.

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