CRANE
CRANE expects revenue growth of no less than 20% in 2015 supported by the good outlook for the crane market brought by the planned mega projects, raising demand for cranes. It plans to invest Bt100mn to buy a new crane with a total capacity of 600 tons. It will receive two 250-ton cranes sometime in the middle of 2015. The company expects 4Q14 profit to be strong, bringing profit for the whole year to a record high. (Thun Hoon, 20/01/15)
Comment: They will be one of the beneficiaries of the mega projects but in order for them to be able to buy more cranes they would have to do a cap increase.

DCON
Acquisitions finalized this month — DCON plans to finalize the details of its biomass and biogas acquisitions and set up of its new precast factory within this month. In 2015, it expects revenuesto reach Bt1.3bn. It plans to launch a 33-story condominium project worth Bt1.5bn located along the Purple Line. (Kao Hoon, 20/01/15)
Comment: Did like dcon for the condo project, with this new 33-storey condo, are they trying to switch away from being a manufacturer to a developer?

LALIN
Lalin sure of reaching revenue target, budgets Bt900mn for land purchases – Lalin Property Plc has set aside an investment budget of between Bt800-900mn to buy undeveloped land to develop residential projects this year and next year. (The Nation, 20/01/15)

MATCH
MATCH: “New Home Project” will be completed by the end of 2015 and will start bringing in revenue at the beginning of 2016. Its joint venture business, “Transformation Films”, will invest Bt378mn to make six new movies. (Kao Hoon, 20/01/15)

SITHAI
Closing Italy deal this week — SITHAI said it will close a deal with its joint venture partner in Italy sometime this week to set up a company to manufacture plastic furniture in Thailand. SITHAI also plans to finalize its deal with an Indonesian partner in the first half of this year. The company expects revenue this year to grow by no less than 15%. It hopes to increase the proportion of revenue from aboard further. It has set a budget of more than Bt1bn for investment. (Thun Hoon, 20/01/15)

STA
STA says revenue and profit in 2015 will be strong again, supported by the recovery in rubber prices after the government implements measures to help stabilize rubber prices. It plans to open seven new factories to increase its production capacity to 1.7mn tons. (Thun Hoon, 20/01/15)

TOG
TOG says 2014 profit will break record high thanks to strong order flows and weak baht, giving it high margins. It plans to propose an expansion plan to its board sometime in February. It also plans to expand its European base further. (Thun Hoon, 20/01/15)
Comment: For this exporter a weakening thai baht is a positive (as it is for every exporter) but the real value here I believe is its relationship with the one of the largest glasses (optical) distributors in europe/world

TRUE
TRUE expected to book Bt14bn from sale of asset to subsidiary. The assets comprised up to 8,000km of fiber optic cables (FOC) and up to 350 telecommunications towers. The transaction is expected to take place after approval of the meeting of the TRUEIF unit holders, to be held around end of February 2015, and expected to be completed within March 2015. TRUE will also book dividend income of more than Bt396mn from TRUEIF. (Kao Hoon, 20/01/15)

TTW
TTW expects revenue to grow 5-10% this year and said water sales should return to normal at an average growth of 5% supported by demand from industrial estates and households, which continues to grow. It said its expansion plans into Myanmar should be concluded by 1Q15. (Thun Hoon, 20/01/15)

UAC
UAC plans to acquire Advance Polymers & chemicals Co., Ltd (APC) for no more than Bt730mn. The acquisition is expected to support earnings growth in 2015. Shareholders’ meeting for the approval of the acquisition will be held on March 12, 2015. (Kao Hoon, 20/01/15)

VGI
Extending ads into new, high-end buildings — VGI plans to extend its advertising media business into new premier office buildings. It believes that advertising media both in and outside office elevators will add to revenue growth after studies have shown that office workers in these buildings have high purchasing power. (Kao Hoon, 20/01/15)