ABM

ABM closed at Bt2.52, 40 %above IPO price on the first day of trade .The company will spend Bt135mn to expand its palm kernel warehouse, build wood pallets )for biomass power plant (and expand the sawmill . Management said lots of orders will underwrite 2Q18 sales growth of 30 %to 22,000 tons/month and it expects 15-20 %revenue growth this year with the proportion of foreign revenue doubled by a focus on Japan and Korea . Than Hoon 30/4/18

AH

AH’s operations are being driven by growing auto production from a recovery of domestic auto demand .In March, Thai auto production hit a 56-month high at 195K units .The market views AH’s positive factor as interest income and equity income from SGAH, its associated company . Than Hoon, 30/04/18

AMATA

Amata Corporation’s 1Q18 earnings is likely to increase YoY but slip slightly QoQ from softening land sales with the expectation of recovery in 2H18 .Investors sold AMATA shares heavily at the beginning of the year due to concerns over the company’s business platform which might impact future earnings from 2020 onwards . Manager 30/4/18

AOT

AOT is expected to report strong 2QFY18 at Bt7.1bn, up 9 %YoY, driven by an 8.2 %YoY increase in passengers .The strong earnings momentum is expected to continue in 3QFY18 from Songkran Festival which had strong passengers at 2.86mn. Khao Hoon, 30/04/18

Comment: And until there is a crisis, this company is going to keep on purring.

BAY

Banks launched promotion to support spending .Mr .Thakorn Piyaphan, management of BAY revealed that spending through card or use of revolving credit line usually increased significantly after Songkran to May before schools start, which normally accelerate the use of credit line by 3 -5 %from normal periods . P o s t T o d a y 3 0 / 4 / 1 8 .

CK, BEM

CK is considering teaming up with BEM to bid for the Bt200bn high -speed trains connecting three airports and expects to win 20-25 %of government projects coming out this year with total value of Bt400bn .Current backlog is Bt70bn .The company is preparing to issue a Bt2bn bond . Khao Hoon, 30/04/18

CPF

CPF continues expanding in Vietnam where it sees lots of business potential with the economy expanding by 7.4 %and exports growing by more than 20 %from free trade agreements with the European Union and the US . Khao Hoon, 30/4/18

CSS

CSS continues to join bids for new projects from the government with no less than Bt1bn value . Management expects 2018 revenue to surge to Bt5bn, up no less than 10 %YoY driven by telecommunication and trading segments and current backlog of Bt1.8bn .The stock will go XD on May 4 for Bt0.10 dividend per share . Khaohoon, 30/4/18

KKP

Kiatnakin Bank aims to reduce NPLs to be no more than 4.5%, focusing on the quality of the property segment .Mr .Apinan Klewpatinond, CEO of Kiatnakin Bank, said non-performing loans )NPLs (in the first quarter were 4.7%, down from 5 %at the end of last year .This came from the expansion of its loan portfolio, resolution of some existing NPLs and write-offs of some unsecured loans; it did not sell NPLs because the bank specializes in debt management and collateral. Post Today 30/4/18

MBKET

“Maybank” pushes micro margin . Stock trading seems to have less heat although the overall market still looks good, which is likely to be the result of rigidity in the industry, says the SEC .MBKET is ready to offer credit for retail investors to buy stock if they have a trading portfolio of at least Bt50,000 Krungthep Turakit 30/04/18