AMATA expects to sell 1,000 rai of land this year because of high demand in 1Q16 from Chinese, Japanese, and Korean clients. It expects to sign a contract for the sale 400-500 rai soon. (Khao Hoon, 09/05/16)
CK plans to take part in Bt480bn in bids and expects to get 20-25% to add to its backlog. It expects 2016 ending backlog to reach Bt200bn from Bt85bn. It signed a Bt799mn contract with Nam Ngum2 Power Company Limited. It targets 2016 revenue to reach Bt35-38bn. (Thun Hoon, 09/05/16)
Comment: Well it is fairly obvious that backlog for the big construction co’s will plentiful
FER plans to invest in an 8MW waste power plant and 2MW biomass power plant. It expects IRR to be not less than 15%. (Thun Hoon, 09/05/16)
Comment: Another one? Is Biomass the new solar boom?
HPT expects 2016 revenue to grow 15-25% due to expansion at home and abroad. Its backlog is Bt30mn. It is budgeting Bt60mn to expand capacity, improve production and for marketing. (Khao Hoon, 09/05/16)
IRPC reported 1Q16 net profit of Bt3.01bn, down 21%YoY due to stock loss and loss from hedging. This cut its accounting GIM to US$11. (Khao Hoon, 09/05/16)
Comment: They were the darling when oil prices decreased, and now with oil prices recovering, well it’s the exact opposite story.
IVL expects 1Q16 net profit of Bt1.95bn, up 600%YoY backed by extra gain from BP Amoco of Bt1.6bn. (Khao Hoon, 09/05/16)
Comment: At the AGM they stated that their target is 4 baht/share EPS ’18. Do you believe?
JWD expects 2016 revenue to be higher than 2015’s Bt2.38bn after expanding warehouses and temperature-controlled space at home and abroad. It expects 1Q16 earnings to dip due to low season. (Khao Hoon, 09/05/16)
LPH expects 1Q16 revenue to grow 15% brought by specialist centers and clinics. (Khao Hoon, 09/05/16)
MAJOR expects 2016 revenue growth to achieve target at 10-15% driven by higher than expected ticket sales at home and abroad. It plans to add new screens. (Thun Hoon, 09/05/16)
Comment: Ticket sales is a driver but its the derivatives of it that are more impt, 2 things 1) their margins on f&b are huge! 2)advertising revenue goes straight to their bottom line.
MINT expects to report 1Q16 net profit on May 12. It expects net profit to hit Bt3.59bn, +67% because of higher revenue and better profit margin. (Khao Hoon, 09/05/16)
NNCL expects net profit to be back in the black in 2016 aided by selling land to Japanese clients. It expects to book revenue from 120MW power plant in 2H16. (Thun Hoon, 09/05/16)
RICHY expects 2016 revenue to reach Bt1bn brought by transfers and government stimulus measures. It targets presales of Bt3bn from Bt9bn of 3-4 new projects. It expects 1Q16 net profit to grow 400%. (Thun Hoon, 09/05/16)
ROJNA expects to sell 400-500 rai of land this year, unchanged from last year because of the slow economy. It plans to invest in a 100MW SPP3, with startup in mid-2017. It targets capacity to reach 600MW. (Thun Hoon, 09/05/16)
Comment: I do wonder at what point will people realise that this is a utility versus an industrial estate co?
TOG expects to announce 1Q16 earnings on May 11. It expects earnings to be good in 1Q16 and 2Q16. It plans to expand production lines, with completion by the end of this year. It expects 2016 revenue growth to hit target at 15-20% after expanding its customer base in the US. (Thun Hoon, 09/05/16)
TRUBB expects to show a net profit in 1Q16 thanks to higher price of rubber (Bt60/kg from Bt30/kg). It expects to wipe out retained losses and pay a dividend this year. (Thun Hoon, 09/05/16)
UPA plans to invest in the telecommunications business with backlog of Bt56mn. It plans to invest in a Bt10bn 200MW power plant in Myanmar. (Khao Hoon, 09/05/16)
XO expects 2016 revenue to grow 15%. It expects 1Q16 earnings to mark a record high. It expects exports to comprise 15% from 10% on the back of increasing in sales in Japan and China. It expects its new plant to start up in 3Q16. (Thun Hoon, 09/05/16)