AAV
AAV expects 2016 net profit to be over Bt1bn driven by 16.9mn passengers and an 82% cabin factor. It expects to get five A320 planes this year, with a goal of 70 airplanes in 2020. It expects to open new routes in CLMV, beginning with Luang Prabang. (Thun Hoon, 09/02/16)
Comment: There is no real competition for AAV, I like to now saw Emirates control’s the mid-high end customers, AAV controls budget.

ABC
ABC plans to launch ABC Residence Sukhumvit 39, valued at Bt2.5bn. The selling prices will start at Bt170,000/sqm. It expects to do presales in March. (Khao Hoon, 09/02/16)
Comment: Will this condo be launched w/ solar power and IT Solutions?

APCO
APCO targets 2016 sales growth of 10% to achieve revenue of Bt450mn by focusing on providing BIM products to local customers. It is looking for a partner in Singapore to build MLM in Singapore, Malaysia, and Indonesia. (Khao Hoon, 09/02/16)
Comment: I hate MLM companies, there said I it

CCN
CCN expects 2016 net profit to mark a record high backed by the setup of 4G networks. It expects this to contribute 50% of total revenue in 2016 from last year’s 5%. It expects 2016 revenue to grow 20% aided by Bt70mn backlog. It expects to get a Bt200mn mega project which is expected to be concluded by 1Q16. (Thun Hoon, 09/02/16)

GPSC
GPSC plans to operate 65MW hydroelectricity in Laos with startup in 2017; construction has reached 35% completion. (Thun Hoon, 09/02/16)

JSP
JSP plans to issue a Bt200mn bill of exchange to fund investment in three projects valued at Bt19.7bn. It expects 2016 sales of Bt7bn backed by Bt6bn backlog. It targets 2016 revenue of Bt5bn. (Khao Hoon, 09/02/16)
Comment: JSP does have a massive number of potential projects on hand and perhaps thats their issue, they can’t show a consistent stream of revenue and earnings like the big boys

KC
KC says its partner is interested in a jointly owned business. It targets 2016 revenue growth of 30% on the back of transfers. It plans to buy land for its next development. It expects 4Q15 to be good because of transfers on property stimulus measures. (Thun Hoon, 09/02/16)

PSL
PSL signed contract to sell a US$1.46mn dry cargo ship. It expects to book this revenue soon. It expects to benefit from high demand as China plans to construct a China-Europe roadway linkage. (Thun Hoon, 09/02/16)
Comment: And their business continues to suffer and suffer like no tomorrow. But still the best shipper in town.

SMART
SMART reported 2016 net loss of Bt13.76mn because of a 13.72% drop in revenue and a 7.63% rise in SG&A on high competition and economy slowdown. (Thun Hoon, 09/02/16)

STANLY
STANLY expects auto industry to be stagnant in 2016 affected by an increase in excise tax. It expects 2016 revenue to grow not less than 5% on the back of orders from five new series. It targets to maintain gross margin at 18-20%. (Thun Hoon, 09/02/16)
Comment: STANLY and SAT are the two best run automotive manufacturers in town, but if they themselves expect for things to be weak one might as well stay far away from this sector.

SUPER
SUPER is budgeting Bt1bn to invest in 12 solar farms, with a total output of 72MW. It plans to supply 8MW additional which will bring the total to 196MW. It is confident the remaining 284MW will operate by March. (Thun Hoon, 09/02/16)

TOG
TOG plans to hold a roadshow in Italy, in preparation for expanding abroad. It expects a decision to be made in February. It has budgeted Bt350mn for plants and production line improvement. It targets 2016 revenue growth of 10% from last year. (Thun Hoon, 09/02/16)

TPCH
TPCH expects 4 biomass power plants to operate this year, lifting 2016 revenue by 150%. It plans to take part in bidding for 36MW. It plans to expand to Laos and Cambodia. (Thun Hoon, 09/02/16)
TPOLY
TPOLY expects to wipe out Bt822.53mn in retained losses this year. It targets 2016 revenue growth of 10% backed by Bt4.3-4.5bn backlog. It expects to get a new project valued at Bt1bn. It expects property and alternative energy to contribute revenue soon. (Thun Hoon, 09/02/16)
Comment: They’ve been talking about turning around since last year but based on the #’s it does seem likely this year, worth a punt? Retail investors may definitely seem to think so.

TNDT
TNDT expects 1Q16 to be good on the back of its Bt30-40mn Indonesia project. Its power plant investment plan in Myanmar is progressing and it expects startup by the end of this year. It targets 2016 revenue growth of 10%. (Thun Hoon, 09/02/16)
Comment: I’ve always liked this little company and am surprised that they have continued to grow so well

TTW
TTW is confident tap water will be sufficient to meet local demand. It is budgeting Bt400mn to invest in a production and distribution system in Myanmar with capacity of 40,000 cubic metres/day. (Thun Hoon, 09/02/16)