BDMS

BDMS is working with Movenpick group to set up “Movenpick BDMS Wellness Resort”. The resort will open in 2019. (Kao Hoon, 6/9/18)

BKD

BKD is engaging in the real estate business in Myanmar after signing a three-year contract to do the interior decoration in Loi Kham Residential Community valued at Bt3bn. It will book Bt1bn in each of the three years, which will expand 2019 earnings by 20%. It targets revenue growth of 10% this year. It is waiting for the outcome of a bid for a Bt500mn project. (Kao Hoon, 6/9/18)

COLOR

COLOR expects 2H18 to grow after it revised its distribution policy and raised production capacity. It plans to expand both at home and abroad, especially in Myanmar and the US. It expects revenue growth of 10-15% this year which is higher than the industry average. (Kao Hoon, 6/9/18)

DTAC

DTAC is facing problems after the NBTC did not approve a grace period for its 850MHz clients yet. The NBTC is considering revising the 900MHz auction conditions this year. DTAC’s management says it is hoping for some progress on Sep 12 ahead of the Sept 15 service stoppage. (Thun Hoon, 6/9/18)

ECF

ECF expects to see growth in the furniture business. It plans to launch a new brand this month. It expects domestic contribution to increase to 50% (from 45%) of its total revenue. Management says it is studying a 30MW biomass power plant project worth Bt1.8bn. It is looking for JV partner and expects to finalize this year. (Thun Hoon, 6/9/18)

K

K expects 3Q18 results to be better on continued recovery. Management says 4Q18 earnings will be better than 3Q18. Current backlog is Bt800-900mn and it expects 70-80% of backlog to be booked as revenue this year. It expects revenue growth of 20-30% and earnings turnaround this year. (Thun Hoon, 6/9/18)

LHK

LHK targets FY2018 revenue growth of 5-10% from last year’s revenue of Bt3.41bn in tandem with automotive industry growth. It plans to budget Bt30-40mn to purchase new machines and increase production capacity. The Federation of Thai Industries expects car production to reach 2.08mn cars this year. (Thun Hoon, 6/9/18)

NVD

NVD is working with Daiwa House Group to develop a high-end single house project “Nirvana Beyond” worth Bt2.6bn. It plans to develop 11 property projects with total value of Bt33bn through five years on 250 rai along Krung Thep Kritha Road. It targets revenue growth of 20-30% this year. (Kao Hoon, 6/9/18)

NWR

NWR expects 3Q18 earnings to be a record high as it will book an extra gain of Bt289mn from compensation of Klongdan lawsuit. Earnings are expected to turn around this year and it expects revenue growth of 5-10%. Backlog is Bt10.2bn. It is bidding for projects with total value of Bt39.91bn and it expects to win 15-20% of these. (Kao Hoon, 6/9/18)

SIAM

SIAM is partnering with Idemitsu Kosan and TTCL to set up a JV to produce and export biomass briquettes. The biomass briquettes are produced from wood pellets and it expects to export these to Japan in October. It expects the new product to raise revenue. (Kao Hoon, 6/9/18)

SSP

SSP expects to add 5MW from the startup of a solar farm in Government Complex from the current 85MW this year. (Kao Hoon, 6/9/18)

TPLAS

TPLAS share price rose 60.81% on the first trading day. Its MD expects 2H18 results to be better supported by increasing plastic bag demand. It expects revenue growth of 7% this year and plans to enter neighboring markets. (Kao Hoon, 6/9/18)