ABC

ABC had presales of 30% or more than 10 units in ABOVE Sukhumvit 39 project worth Bt2.5bn. It expects presales to reach 70-80% this year and revenue to reach target of Bt2bn. It expects to turn to a profit and write off retained loss of Bt159mn this year. (Kao Hoon, 26/09/16)

ANAN

ANAN expects good revenue in 2H16, supported by five new condos ready to be transferred with a total value of Bt14bn. It has backlog of Bt38.5bn and expects to book Bt11bn in 2H16. (Kao Hoon, 26/09/16)

AP

AP expects 2H16 revenue to grow supported by backlog of Bt15.78bn. It will book Bt10.56bn over the rest of the year. This will lift revenue to its target of Bt23.7bn with presales of Bt31bn. (Kao Hoon, 26/09/16)

ASN

ASN expects 4Q16 to be peak due to high season and starting an online business in October. It expects 2016 revenue growth of 20-25% from Bt900mn in 2015. ( Thun Hoon, 26/09/16)

FN

FN plans an IPO of 250mn shares at par Bt0.50. It expects to add four branches at a cost of Bt500mn. (T hun Hoon, 26/09/16)

HYDRO

HYDRO expects to turn around next year as it has gotten a new job with a margin of at least 10%. It plans to bid for 44 new projects worth Bt6bn and has already gotten five. It has backlog of Bt690mn and is confident that 2016 revenue will grow 10% from last year. (Thun Hoon, 26/09/16)

JAS

JAS will tender for JTS shares at Bt1.50/share. SCB is handling the deal. (Thai Post, 24/09/16)

KBS

KBS expects to have profit this year supported by sugar price recovery. It plans to build a new factory at Nakorn Ratchasima, capacity of 20k tons/day, for Bt5-6bn. It expects to start construction at the end of 2017. (Kao Hoon, 26/09/16)

NCH

NCH expects 2016 sales to hit target of Bt2.6bn as it plans to book revenue from its backlog of Bt500mn and launch two new projects in total worth more than Bt3bn. It plans to do a JV with a foreign partner that it hopes will lead to more foreign customers. (Thun Hoon, 26/09/16)

PIMO

PIMO has more orders from the US and Europe and expects to increase revenue from exports to 60% from 25-30%. It expects to see progress on signing a contract with a foreign partner in October. It expects 2016 revenue to reach its target growth of 20% and earnings to record a new high. (Thun Hoon, 26/09/16)

SPA

SPA will pay an interim dividend of Bt0.05/share, XD on Oct 6 and payment on Oct 20. The board approved opening three new branches under a new brand and expects 2016 sales of Bt760mn or growth of 40%. (Kao Hoon, 26/09/16)

TACC

TACC expects 4Q16 earnings to be good due to high season. It plans to introduce new products, Donut Smile and a Hello Kitty product, to expand sales. (Kao Hoon, 26/09/16)

THAI

THAI is confident that earnings will be good supported by management plan and lower oil price. It plans to expand routes to Iran and Moscow. It expects cabin factor to increase from 75%. (Thun Hoon, 26/09/16)

VNG

VNG expects new capacity to support its revenue. It has more order from abroad and expects 2016 revenue growth 5-10% from last year. (Thun Hoon, 26/09/16)

WICE

WICE expects to be a leader in logistics in ASEAN. It expects to use Sun Express Logistics (SEL) to support logistics business between the countries. It will book revenue from mid-3Q16. It expects this to bring the portion of air freight jobs to 35%. It expects 2016 revenue growth of 20%. (Kao Hoon, 26/09/16)

XO

XO expects to finish the deal to acquire a food business soon. It expects this to expand sales to Bt2bn. It will start operating a new factory in 4Q16, which will increase its sales by Bt1bn per year. It is confident in 2016 revenue growth of 15% with a focus on China and Japan. It will submit its 2017 business plan to the board in December. (Thun Hoon, 26/09/16)

Comment: They’ve been banging on about this acquisition for the whole year now…