ACAP expects 1Q16 net profit to back to black and stay there for the remainder of this year. It expects to wipe out retained losses this year. It expects to make a decision on the credit card business with foreign partners by mid-2016. (Khao Hoon, 21/03/16)
Comment: Given that the credit card business is already well and truly saturated in Bangkok, I don’t see how ACAP can make a dent in it.
BAFS is budgeting Bt8bn to invest in an oil pipeline in the north, expects this to handle 14,000mn liters oil by 2019. It expects 2016 revenue to grow not less than 11%. It targets fuel demand for aviation to grow 6-7%. It is considering investing in the resort business. (Thun Hoon, 21/03/16)
Comment: BAFS aim here is to effectively act as the owner and collect a fee from the amount of oil transported through the pipeline, an oil highway if you will.
CFRESH expects 2016 revenue to grow 10-15% brought by orders from the US and Japan. It expects gross margin to improve from last year to 13-14% after its customers in Europe increased orders. Its subsidiary abroad is having lower net losses after a business restructuring. (Thun Hoon, 21/03/16)
CHOW expects the steel industry to recover because it got Bt1.6bn in orders. It expects to benefit from a 30% increase in steel price. It expects 80MW power business to contribute revenue of Bt1.2bn. (Thun Hoon, 21/03/16)
Comment: They’ve been incredibly active on the power front trying to buy plants and investing in Japan
ABC plans to do M&A and acquisition. It is talking to acquire two property projects and expects the deal for one to be concluded this year. It plans to launch the Bt2.5bn ABC Residential condo. It plans to introduce a new service “E-Payment” in December. (Khao Hoon, 23/11/15)
Comment: We are still confused about this company’s business model, eservices, property, renewable energy?!
COM7 expects 2015 revenue to be an 18-year high. It expects 4Q15 revenue to be not less than Bt4bn thanks to 4G. It expects to finish its 2016 business plan in December. (Thun Hoon, 23/11/15)
Comment: And iphone sales of course
CSP is talking to prospective partners to take part in mega project. It expects talks to be concluded at the beginning of next year. It expects 2016 revenue to turn around, backed by Bt100-200mn in exports to Myanmar. (Thun Hoon, 23/11/15)
CTW expects 2016 to grow because it plans to expand its business by doing a JV between its subsidiary and a management system company. It expects to be a major systems management company for ADVANC, DTAC, and TRUE. It expects to get many projects from both the public and private sectors. It expects to get an MRT project from ITD. (Thun Hoon, 23/11/15)