CHG expects 3Q15 earnings to mark a record high on the back of seasonality. It expects 2015 revenue growth to achieve its target of 15%. (Thun Hoon, 18/09/15)
Comment: Still don’t quite understand why this specific stock has suddenly re-rated. BH is trading @ 50x, this one at 42x trailing pe, it does just boggle the mind
DTAC plans to launch 4G wireless broadband service on 10 MHz of its 1,800MHz frequency soon, pending formal approval from relevant state agencies to utilize the band to provide the 4G service. (The Nation, 18/09/15)
ECF expects 2015 net profit to be better than 2014’s Bt69.88mn aided by high demand, the baht weakening, and lower materials cost. It expects net margin of 6.5%-7%. It is considering expanding capacity for new orders. (Khao Hoon, 18/09/15)
IFEC expects 2015 revenue of Bt10bn with Bt300-400mn net profit. It targets capacity of 60- 100MW this year by expanding to Laos and Korea. It targets total capacity of 100MW in 2018. (Khao Hoon, 18/09/15)
Comment: Right…with THB 400 mn of revenue in the 1H15. 

IRPC expects a lower stock loss in 3Q15. It expects 2016 gross profit of Bt3-4bn backed by whole year operations of the UHV project. It expects the Delta project to contribute revenue of Bt4bn this year. It expects an M&A with PTTGC to be finalized next year. (Khao Hoon, 18/09/15)
KBANK aims for Bt60 billion in new SME loans in 4Q15, of which Bt30 billion will be driven by the government’s stimulus package including the Bt100-billion soft-loan scheme and the new Thai Credit Guarantee Corporation program. (The Nation, 18/09/15)
LDC expects 2015 revenue growth to achieve its target of 10%. It expects 2H15 earnings to be better than 1H15 backed by increasing clients and new stores. It
plans to open 9 more branches in 4Q15 to achieve 30 branches by the end of this year. (Khao Hoon, 18/09/15)
Comment: In theory a dentistry business should perform well, but LDC’s numbers have been disappointing since its IPO
PTG expects 2015 sales to grow 20-25% aided by high demand. It has budgeted Bt300mn to open100 more stations over the rest of the year. It plans to launch a marketing campaign to increase PT Max member card customers by 100,000 cards/month. (Thun Hoon, 18/09/15)
Comment: With oil prices far lower, would people drive more often thereby pushing volume sales higher at every petrol station?
EPPO has given PTT the nod to invest in its fifth onshore pipeline, valued at Bt110bn. It plans to list a subsidiary that is related to the retail business. (Khao Hoon, 18/09/15)
PTTEP expects EBITDA margin of 70% by implementing cost controls. It expects oil sales of 320,000 barrels/day. (Khao Hoon, 18/09/15)
SCN has budgeted Bt200mn to open two NGV gas stations this year. It is confident 2015 revenue will grow 20% on the back of increasing sales. (Khao Hoon, 18/09/15)
Comment: The business looks interesting, seems to have a monopoly on the NGV business in Thailand and potentially could mimic this in Vietnam as well
SEAOIL has budgeted Bt2bn to acquire an oil exploration and production business. It is ready to take part in the 21st auction for petroleum concession. It expects its trading business in Singapore to start operations in October. It expects to show a net profit this year. (Thun Hoon, 18/09/15)
SENA expects 2015 revenue of Bt3bn backed by Bt2bn in backlog, of which it expects to book Bt1bn this year. (Khao Hoon, 18/09/15)
TISCO expects to make additional provisions against its SSI loan in 3Q15. The total loan value is Bt4bn. (Khao Hoon, 18/09/15)
Comment: Why don’t they just come out and say, “Yes we gave one helluva stupid loan to SSI that was equal to 20% of equity base at the time and we are paying the price for it now” 
TPOLY expects to show net profit in 3Q15 after a net loss in 2Q15 of Bt133mn, thanks to numerous orders. It expects 2015 revenue of Bt2.5bn. It plans to add more backlog to its existing backlog of Bt5bn. (Thun Hoon, 18/09/15)
Comment: Again, the story here is linked to TPCH, if TPCH continues to win more MW’s then TPOLY will win more work.
TRC board has approved Bt1.26bn to acquire APMC shares which will raise its stake from 4.18% to 39.31%. It expects to be awarded a dual track project out of the total project value of Bt15bn. (Khao Hoon, 18/09/15)
UAC has budgeted Bt1bn to invest in alternative energy. It expects to increase capacity from 6.5MW to 30MW. It expects the acquisition of a natural gas power plant to be concluded in 4Q15. (Thun Hoon, 18/09/15)

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