CRANE says 1Q15 earnings will be better than last year after getting new projects. It targets 2015 revenue growth of more than 20%, with more acceleration of new government projects. It will focus more on foundation jobs to raise revenue. (Thun Hoon, 02/04/15)
Comment: I’ve always liked this company, now the issue here is that it is capital constrained to grow further as the heavier weighted cranes cost far more than the firm can afford, and they can never operate at 100% utilisation because of the time required to bring cranes back & forth from client sites.
DNA will expand in waste power plant, adjusting its business to cover alternative energy, telecom, and digital businesses. It will talk with an FA in the final stage today before putting it to its shareholders for approval. (Kao Hoon, 02/04/15)
DTAC officially opens 4G network. It targets 2.5mn 4G customers and 4G bandwidth at 15 MHz at end-2015. It is ready to bid for 4G. (Kao Hoon, 02/04/15)
Comment: Apparently it has a 7% yield for 2015.
EFORL expects its 1Q15 to be outstanding, thanks to sales of medical appliances and the booking of a full quarter of revenue from Wuttisuk. It will launch the snail-related products to push its sales. It also plans to list Wuttisuk next year. (Kao Hoon, 02/04/15)
Comment: Not the biggest secret in the market for the past 12 months
GUNKUL raises revenue target to growth of 50% to above Bt5.2bn. Its revenue will reach a new high if it is awarded new solar projects within 30 June 2015 from the rise in its total capacity to 300MW. (Kao Hoon, 02/04/15)
MCS expects its 2015 revenue to reach Bt3bn, as it will book more than Bt3bn from existing backlog of Bt8.9bn this year. Its earnings will be higher than last year. It will jointly invest with partners to expand in the US market. (Kao Hoon, 02/04/15)
PLAT expects its 1Q15 revenue to be above Bt300mn from the higher tourists in tandem with the better political climate. In 2016, its revenue will jump from the opening of “the Market by Platinum”. (Kao Hoon, 02/04/15)
ROJNA said its land sales were strong, raising backlog to 900 rai which will be entirely transferred within 4Q15. Its 2016 revenue will be higher than Bt11.8bn. (Thun Hoon, 02/04/15)
SIAM plans to take over 3-4MW waste power plant in Rayong. It will acquire the community solar farm licenses for 100MW from its first lot on hand of 30-40MW. (Thun Hoon, 02/04/15)
Comment: The waste to energy trend has finally started in Thailand.
SIRI reveals its 1Q15 will be robust, from good response to its new campaigns including “The Joy of Hua Hin in Bangkok and NOW OR NEVER”. It raises its target presales to Bt35bn and revenue to Bt36bn in 2015. (Thun Hoon, 02/04/15)
SPALI expects 1Q15 to double from last year, from revenue from transfers of Bt4bn and presales of Bt3.2bn. It will launch the first new condominium project “Supali City Resort Changwattana” worth Bt2bn on 23-29 April 2015. (Kao Hoon, 02/04/15)
SPCG will increase capacity by 200MW to reach ~500MW at end 2015. It is studying investment in solar farms in the Philippines and Japan of 100MW. It will get the construction of a solar farm in Nepal of 30MW. It targets revenue to reach Bt5bn in 2015. (Thun Hoon, 02/04/15)
Comment: And the stock price doesn’t even budge, quite strange isn’t it?
The first trading day for VGI’s new shares of 3431mn shares is today, raising market liquidity. VGI admits its 4QFY15 (Jan-Mar 2015) outlook softened from weak media industry. (Kao Hoon, 02/04/15)