ACD
ACD targets 2015 revenue of Bt800mn with net profit backed by higher property transfers. It is talking to a prospective partner in China to invest in property development at tourist attractions in Thailand. (Khao Hoon, 23/07/15)

AOT
AOT expects bidding for Suvarnabhumi phase 2 be in February 2016. Total bids are valued at Bt43bn. Management is confident the plan will proceed as planned with operations starting in 2019. (Khao Hoon, 23/07/15)
Comment: At least this expansion is going ahead.

ASIMAR
ASIMAR expects 2Q15 earnings to surge 2,700% on booking revenue from Port Authority of Sihanoukville and Tourism Thailand. 3Q15 profit is expected to rise backed by upcoming bids and increasing demand for ship maintenance service. It expects 2015 earnings to mark a record high. Investors are interested in a takeover at Bt4 per share. (Thun Hoon, 23/07/15)

BSBM
BSBM expects to show net profit in 2Q15 from 1Q15 losses of Bt43.07mn aided by implementing cost control. It expects 2015 sales of 100,000 tons backed by large orders and the sale of all high cost products. (Thun Hoon, 23/07/15)
Comment: Never cared much for this company nor the industry that it operates, every steel co has suffered, is suffering and will continue to suffer.

CRANE
CRANE is confident 2015 revenue will achieve target 4% growth. It expects a Bt100mn acquisition to be concluded in 3Q15. It expects business to continue to trend up in the rest of the year aided by government projects investment. (Khao Hoon, 23/07/15)
Comment: In theory they should benefit tremendously, demand for Cranes should sky rocket over the coming years.

EA
EA expects revenue to surge 50% next year supported by solar farm and wind power plant. It is talking to a prospective partner to invest in a 9MW biomass power plant which is expected to be finalized this year. It expects 2Q15 earnings of Bt800mn. (Thun Hoon, 23/07/15)
Comment: Strange we were under the impression that management wouldn’t look @ VSPPs

IRPC
IRPC expects 2Q15 earnings to be higher than 1Q15’s of Bt3.8bn backed by a higher gross margin, stock gain and Bt400mn compensation. It believes the petrochemical and refinery business is still good. The company plans to focus on premium products with a margin that is 10% higher. (Thun Hoon, 23/07/15)

LPN
LPN maintains 2015 revenue at Bt16bn with Bt20bn in presales. It expects to introduce five more projects soon. (Siam Rath, 23/07/15)
Comment: Arguable the only low-mid segment prop developer that you should care about.

MCS
MCS expects to show a net profit in 2Q15 from 2Q14 losses of Bt23mn backed by transfers. Its backlog is 200,000 tons which is expected to contribute revenue for the next 4 years. It targets 2015 revenue of Bt3bn, doubling from last year. (Thun Hoon, 23/07/15)
Comment: Despite the yen’s depreciation, MCS is still damn competitive.

PAE
Shareholders call on DSI to investigate PAE’s management because of the net losses of Bt1.6bn from 2010 until now. The stock price dropped from Bt3 to Bt0.3. (ASTV, 23/07/15)
Comment: Now that’s interesting. I’m curious to see how this develops. PAE as you all should know, hasn’t been a proper company since the previous middle east group sold out. It’s been a darling for punters on rumours of potential contracts and nothing else. 

PLE
PLE got a Bt3.3bn job for the Green Line. It expects to sign the contract in August. It expects to sell SOHO and a power plant in Ayutthaya which will raise its earnings. (Thun Hoon, 23/07/15)

SENA
SENA board has approved 351.76 shares capital increase via rights and PP (262.76 shares and 87.58 shares) to take 99.99% of TTRE shares. It is talking to its partner, B.Grimm Power to invest in a 46.5MW solar farm, valued at Bt3.33bn. (Khao Hoon, 23/07/15)
Comment: So they’ve officially confirmed it, the only question is what is the price for this offering.

SIRI/BTS
SIRI and BTS budget Bt20bn for five years investment to buy land and launch of 25 projects, worth Bt100bn. It plans to launch six projects valued at Bt25bn this year, which is expected to raise sales by Bt10bn. It expects to book Bt1bn profit in 2018. (Thun Hoon, 23/07/15)
Comment: If done properly, this could be a powerhouse. BTS has a massive land bank, SIRI has the brand-name

SPALI
SPALI expects to launch Bt19bn in new projects, which is expected to increase backlog from Bt30bn. 2015 revenue is expected to achieve target of Bt23bn. It has budgeted Bt3bn to buy land. (Thun Hoon, 23/07/15)

STAR
STAR board has approved to restructuring into a holding company. It expects to transfer its business to its subsidiaries. Management sold 4.6% STAR shares. (Bangkokbiznews, 23/07/15)

TISCO
TISCO expects 1H15 loans to drop 5% but not more than 10% for this year. It expects 2015 NPLs to be 2.6% compared to 2.65% in 1H15. (Khao Hoon, 23/07/15)

TMILL
TMILL revised down 2015 revenue growth to 30% with 5% net profit for minimum as implementing cost control. It is talking to local and foreign partner to invest in more products. (Khao Hoon, 23/07/15)