ACD
It is starting its project acquisition strategy by buying a condominium project worth Bt700mn. It plans to buy Bt350mn in property in Phuket. Management says it will wipe out retained loss of Bt300mn. It plans to invest in alternative energy next year. (Thun Hoon, 04/06/15)
Comment: Another hybrid of property and alternative energy, am i missing the synergies here?

CHOW
The 3.2604MW solar power plant in Japan will operate on June 5 after the first 4.019MW solar power plant started up last year. CEO says the 10.7206MW power plant is progressing and startup is expected this year. (Thun Hoon, 04/06/15)

DEMCO
Expects new high for 2015 earnings backed by Bt6.1bn backlog, of which it expects to book Bt3.6bn this year. It is prepared to bid for Bt11.7bn in new projects and expects to get Bt2bn of these. It does not have a plan to acquire more WEH stock after taking 4%. (Khao Hoon, 04/06/15)
Comment: DEMCO’s business is well understood, but the overhanging factor remains WEH

EPG
EPG affirms 30% growth in FY2016 revenue (Apr 2015-Mar 2016) to Bt9bn, benefitting from an uptrend in its business. It plans to invest Bt500mn to buy a company in Thailand and China. (Khao Hoon, 04/06/15)

GRAMMY
GRAMMY says online media continues to trend up GMM GRAMMY OFFICIAL channel has become #1 on YouTube with 4.9mn followers and 4,152mn views. (Khao Hoon, 04/06/15)
Comment: GRAMMY could potential be the darkhorse in this digital tv industry

KTP
Expects net profit in 2Q15 from 2Q14 loss of Bt5.9bn, aided by increasing demand. It expects 2015 revenue to reach Bt361mn. It is looking for a business partner to provide greater strength. (Thun Hoon, 04/06/15)

MCS
Expects net profit in 2Q15 and 2015 revenue of ¥10bn backed by 250,000 tons of backlog. The deal to buy Japanese stock is expected to be concluded in 1-2 months. The company plans to expand into the US. (Khao Hoon, 04/06/15)
Comment: Looks like MCS is back on strong footing with orders coming through.

MEGA
Expects 2015 revenue growth of 10%. 2Q15 earnings is better than 2Q14’s aided by economic recovery which increase demand. JV deal is expected to be finalized in 3Q15. (Khao Hoon, 04/06/15)
Comment: For a company with such a great story, its earnings have disappointed everyone and management keeps selling shares.

MILL
MILL signs MoU with Kobe-Steel, a steel company in Japan, to produce special grade wire rod in Thailand. (Khao Hoon, 04/06/15)

MTLS
Local and foreign investors interested in MTLS. Management says the company has strong fundamentals and a good strategy, involving expanding in every area that will lead to 100% growth in revenue and earnings. It is ready to get into the nano-finance scheme. (ASTV, 04/06/15)

NOBLE
Expects net loss this year without transfers. It says a delay of EIA lead to a delay of construction and transfer. It targets 2015 revenue of Bt10bn. (Khao Hoon, 04/06/15)

PACE
PACE says investors interested in the capital increase shares of 600mn. The shares were sold out in one week. CEO also bought some of the new shares. (Khao Hoon, 04/06/15)
Comment: And herein lies the issue with PACE, it does have a lot of potential backlog to recognise but its cashflow situation is $hit!

POLAR
POLAR plans to buy 507 rai to develop a resort worth Bt11.1bn. It expects the business will turn around in three years. It set up a subsidiary in the British Virgin Islands to run a property business in the UK. (Thun Hoon, 04/06/15)

SCN
SCN expects to report good earnings in 2Q15 due to booking revenue from iCNG. It will book extra revenue in 3Q15. It is confident it will turn in a better performance in both revenue and earnings this year. (Khao Hoon, 04/06/15)

SPA
SPA expects 76% earnings growth. The company plans to open 4-7 branches to add more room for Chinese tourists. It plans to buy another spa business in 2H15 that will increase revenue to Bt20bn. Management expects 50% growth in 2015 revenue. (Thun Hoon, 04/06/15)
Comment: They will apparently try and compete versus Healthland, could be interesting times

TRC
2Q15 earnings expected to increase due to transfers. It expects 20% growth in 2015 revenue and earnings aided by Bt6.6bn backlog. It expects to get a job from PTTEP worth Bt3bn in 2H15. The company plans to bid for Bt10bn in projects. (Khao Hoon, 04/06/15)

TUF
TUF targets 2015 revenue of US$5bn. The deal with Bumble Bee is expected to be finalized by 4Q15; it is now waiting for US government approval. It plans to increase capital via RO which is expected to get US$400mn in cash for use in investment. (Khao Hoon, 04/06/15)