ADVANC
ADVANC has launched a campaign “AIS the startup 2015”. This is hoped to bring in younger entrepreneurs who are interested in using ADVANC as a digital partner. (Khao Hoon, 31/07/15)

AGE
AGE plans to increase investment in alternative energy. It is studying a waste power plant abroad to adapt to the local environment. 2Q15 is expected to be good aided by cost controls. It expects 2015 revenue of Bt7bn. (Thun Hoon, 31/07/15)
Comment: We’ve been hearing about AGE planning to do this for years now…

BANPU
BANPU plans to list subsidiary “BANPU Power” in 2017. It expects its subsidiary to show 2015 net profit of Bt2.87bn with assets of Bt20.87bn. (Khao Hoon, 31/07/15)
Comment: With coal prices down some ~65% from its peak, its no surprise that Banpu has to shift to pure utility investments

CTH
CTH targets 2015 revenue of Bt6bn on higher monthly fees and new packages. It expects to boost the number of members to Bt3mn by the end of May 2016. (Khao Hoon, 31/07/15)

DELTA
DELTA is confident 2015 revenue will achieve its 5-10% target growth. It expects 2H15 revenue to be better than 1H15 on a higher gross margin from the automotive sector. It says there is no impact from the baht depreciation. It plans to do acquisition to support R&D. (Khao Hoon, 31/07/15)

EASTW
EASTW expects to pay interim dividend of Bt0.22-0.23/share as 2Q15 net profit was Bt404mn (+8.9%YoY) aided by higher sales of tap water. (Khao Hoon, 31/07/15)

ESTAR
Investors are interested in ESTAR shares and expect to do a takeover as ESTAR is a small cap stock without retained losses. It is expected to turnaround and has Bt2bn in hidden assets. (Thun Hoon, 31/07/15)
Comment: Quality reporting. So ok, rehash of the past, ESTAR has a lot of land on its books all @ BV hence why you’ll never see it on their balance sheet, the only issue is that they aren’t the fastest property company at locking this value – but is this necessarily a bad thing?

IFEC
IFEC expects 2015 revenue to surge to Bt4bn as it expects to provide 70MW of electricity. It is talking to prospective partner to invest in 200MW wind and solar power plants at home and abroad. It got a 50-100MW solar plant from the Royal Thai Navy. (Thun Hoon, 31/07/15)

INTUCH
INTUCH expects 2H15 earnings to be good backed by its subsidiaries. It expects 4G auction to be held at the end of this year. It plans to focus on media and digital content to act as its leading strategy. (Thun Hoon, 31/07/15)
Comment: This along with ADVANC may be one of the safest plays in the market.

JSP
JSP expects 1H15 earnings to be good backed by Phase 3-4 of Sampeng 2 project and Tulip Square project. It is confident 2015 revenue and net profit will grow 150% from last year. Its backlog is Bt5.5bn of which Bt2bn is expected to be booked in 2H15. (Khao Hoon, 31/07/15)

KCM
KCM plans to expand customer base by introducing new product such as sheetrock, prefabricated office cabinets. It expects to open 10 new branches this year, first in Nakorn Sawan. (Khao Hoon, 31/07/15)

KTC
KTC plans to expand its women customer base by cooperating with seven partners in the automotive and sport sectors. It targets credit card spending to grow 20% from automotive and 50% from sport. (Khao Hoon, 31/07/15)
Comment: Female customers + automotive? Regardless, KTC still has a great little business, now about those NPLs…

MINT
MINT has acquired a hotel and apartment in Australia for Bt1.45bn. It expects this deal to expand its hotel business in Northern Australia. (Khao Hoon, 31/07/15)

NCL
NCL has cancelled its container service between Rayong and Yangon in view of the substantial amount of red tape and economic sluggishness. Management says it plans to focus on business that will contribute a steady stream of revenue. It expects growth in 2015 revenue. (ASTV, 31/07/15)

SCC
SCC expects 2015 net profit to be a record high thanks to its petrochemical unit. It expects 2015 revenue of Bt487bn; 1H15 net profit was Bt24.95bn (+48%). It will pay an interim dividend of Bt7.5/share, XD on August 10. (Khao Hoon, 31/07/15)

SCCC
SCCC reported 2Q15 net profit of Bt1.41bn (-5%YoY). It will pay an interim dividend of Bt8/share, XD on August 10. (Thun Hoon, 31/07/15)

TRC
TRC has acquired a new project from the Provincial Waterworks Authority valued at Bt858mn. Management says 2Q15 profit is expected to be good and 2015 revenue will achieve 20% target growth. (Thun Hoon, 31/07/15)
Comment: The real story behind TRC is still its potash mine

TSR
TSR expects to gain benefit from the drought by introducing a new water filter model. It expects this to increase 2Q15 and 2H15 revenue. It expects 2015 revenue of Bt1.7-1.8bn. (Thun Hoon, 31/07/15)
Comment: Plus with the expansion into modern trade, perhaps a stronger growing company here?

TTA
TTA approved additional loan of Bt345mn to subsidiary UMS, carrying an interest rate of 4.6%. The total amount loan is Bt820mn. TTA expects this loan to support UMS’s working capital. (Thun Hoon, 31/07/15)
Comment: Still a confused mini conglomerate

UKEM
UKEM plans to introduce new products. It hopes these will help increase its customer base. It expects 2015 revenue to achieve 5-10% target growth from last year although 2Q15 earnings are unchanged. (Thun Hoon, 31/07/15)

WHA
Board of WHA has okayed a tender offer to purchase the remaining 7.12% shares in HEMRAJ for price Bt4.4/share, after which it will delist HEMRAJ. It plans to issue a Bt1.3bn warrant (WHA-W2) to fund the tender offer. (Khao Hoon, 31/07/15)
Comment: W/ HEMRAJ @ 4.2 + plans to pay a second div in Jan ’16, still seems like a decent trade

WORLD
WORLD reported 2015 net profit (June 2014 – May 2015) of Bt318mn (42.91% growth) and 2015 revenue of Bt758mn (20.43% growth) backed by increasing revenue from sservice and lower costs. (Khao Hoon, 31/07/15)