ADVANC is now left as the only applicant in the running to take part in the upcoming reauctioning of a 900MHz licence. (The Nation, 18/05/16)
Comment: It should be an uneventful auction…
ASEFA expects 2016 revenue to grow 15-20% on the back of Bt1.7bn backlog. It expects this to cover revenue till next year. It plans to take part in bids. (Khao Hoon, 18/05/16)
BIGC plans big expansion – THE NEW board of directors of Big C Supercenter, controlled by Berli Jucker Group, has approved the plan to allocate Bt5bn-Bt6bn for store expansion in Thailand this year, focusing on “blue ocean” locations, including subordinate and border provinces, and major districts. (The Nation, 18/05/16)
Comment: Thats rather interesting given that the previous management didn’t see any more growth potential in the country..
BJCHI announced 1Q16 earnings of Bt338.7mn (+110%) with Bt2.1bn in revenue, up 40%. It is waiting for bidding results. It expects 2016 revenue to grow not less than 15% as its work on hand is Bt1.7bn. (Thun Hoon, 18/05/16)
BSM expects 2Q16 earnings to recover backed by orders at home and Bt10mn orders from India. It expects 2016 revenue to hit Bt700mn. It expects margin to reach 30%. It expects 2H16 earnings to be better than 1H16. (Thun Hoon, 18/05/16)
CK got a Bt19bn additional project at Xayaburi in Laos. It expects construction plan to meet its timeline and expects to supply electricity in 2019. (Khao Hoon, 18/05/16)
EA reported 1Q16 net profit of Bt711mn, up 23%. It expects its 90MW solar farm at Phitsanulok and 126MW wind power plant at Nakorn Sri Thammarat to contribute revenue in line with expectations. (Thun Hoon, 18/05/16)
PF targets 2016 revenue to reach Bt21.35bn with presales at Bt17bn. It expects 2H16 earnings to be better than 1H16. It plans to issue a debenture. (Khao Hoon, 18/05/16)
NPP expects 2016 revenue to reach Bt1bn after it has made a deal with three clients which it expects will contribute revenue in 3Q16. It plans to open more branches after it got franchise management rights for A&W and MIYABI. (Thun Hoon, 18/05/16)
SCI signed EPC contract for a 500/230kV transmission line & substation project in Laos, valued at Bt14.57bn. It expects this to contribute revenue in 3Q16. It expects to sign contracts for another two projects, valued at Bt10bn, soon. (Khao Hoon, 18/05/16)
Comment: And they got it! After months of rumours in the market they have been able to confirm this deal and thus the likelihood for a second is stronger.
TLUXE expects to show net profit in this year backed by Bt25mn profit sharing from acquiring a power plant in Japan. It has budgeted Bt2.08bn to buy 26 power plant units. It plans to issue a Bt500mn debenture for funding. (Thun Hoon, 18/05/16)
TMI reported 1Q16 net profit of Bt2.84mn. It expects 2016 net profit to be higher than last year. It targets revenue growth of 20%. It expects net margin to increase to 2.37% via cost control. (Thun Hoon, 18/05/16)
TPOLY reported 1Q16 net profit of Bt45.15mn from net loss of Bt11.8mn. It expects 2016 revenue to grow 10% from 2015’s Bt2.28bm. Its backlog is Bt4.5bn. It plans to take part in numerous bids. (Thun Hoon, 18/05/16)
Comment: Again the core value in TPOLY in come from its holding in TPCH
Finance chief cites sufficient bandwidth — True Move officially announced yesterday that it will not enter the new auction round for the 900-megahertz spectrum next week, saying it would rather “promote a free and fair competitive environment” in the mobile industry. (Bangkok Post, 18/5/16)
Comment: That’s a rather hilarious comment
TSR plans to set up an associate company and take a stake of 49% to invest in Laos and expand to the credit business. It expects a decision to be made in 3Q16. It expects 2016 revenue to grow 30%. It targets revenue to hit Bt5bn within five years. (Khao Hoon, 18/05/16)
Comment: Everything still looks to be on track for this little water co.
TWPC expects 2016 net profit to be good aided by cost control and the baht depreciation. It expects 2016 sales to grow not less than 10% and expects to increase 2X within five years. (Thun Hoon, 18/05/16)