ADVANC
ADVANC and TOT plan to invest in mobile-broadband business which is expected to be finalized in 3Q15. ADVANC expects 2H15 revenue to grow 4% which consists of 30% growth from data service revenue. (Khao Hoon, 02/07/15)
Comment: I do think this will kill JAS and most likely hurt True substantially as well.

AIRA
AIRA plans to set subsidiary “AIRA Property” with registered capital of Bt200mn. Management says the company plans to invest in the property business with a focus on high rise buildings. It expects the set up in the second half of the year. (Thun Hoon, 02/07/15)
Comment: A brokerage business expanding to property, well why not? Up next alternative energy?

AMATA
AMATA expects to book Bt2bn extra gain from selling assets to AMATAR in 3Q15. It plans to sell Bt3bn assets to AMATAR next year. (Khao Hoon, 02/07/15)
Comment: It listed and the response was weak. But overall still a positive step for AMATA

BDMS
BDMS buys Muangraj Hospital for Bt1.43bn It expects the deal to be concluded by September. (Khao Hoon, 02/07/15)
Comment: And the acquisition machine continues.

CI
CI expects 2015 revenue to grow 15% from 2014’s Bt1.69bn, benefitting from booking revenue from condominiums. Its backlog is expected to increase from Bt5bn. Its Bt1.15bn REIT is expected to be finalized next year. (Thun Hoon, 02/07/15)

EA
2Q15 earnings are expected to show growth backed by revenue from the solar farm in Lampang. It expects 2015 revenue to rise to Bt10bn thanks to the growth of its electricity and bio-diesel businesses. (Khao Hoon, 02/07/15)
Comment: The story hasn’t changed for EA, it’s still driven by the same factors, the number of MW’s that it has coming online

EARTH
EARTH expects 2Q15 revenue of Bt3.54bn aided by numerous orders. It is confident 2015 sales will reach 10mn tons. It is dealing to invest in a power plant in the Philippines. (Thun Hoon, 02/07/15)

ECF
ECF and FPI plan to set up subsidiary to invest in biomass power plants. It is preparing to bid for a 120MW plant with a budget of Bt7.2bn. This investment is expected to contribute Bt3.6bn in revenue. (Khao Hoon, 02/07/15)

GUNKUL
GUNKUL board has approved investing in Bt3.6bn in a 33.66MW solar power plant in Japan which is expected to start operation in 2017. It expects solid growth of revenue and earnings. (Khao Hoon, 02/07/15)

IFEC
IFEC plans to set subsidiary, ICAP, and increase capital for two subsidiaries in order to increase liquidity and prepare for investment in biomass power plants and waste management business. (Khao Hoon, 02/07/15)

KBANK
The bank guides to a fall in 2Q15 earnings to Bt11bn (-11%), pulled down by increasing NPLs that have necessitated higher provisions. (Khao Hoon, 02/07/15)
Comment: And given that KBANK is one of the most process driven banks, can you imagine what else is hiding under the balance sheets of every other bank in Thailand?

KIAT
KIAT plans to invest in the power business which is targeted to contribute 50% of total revenue. It expects revenue growth to double from successful M&A. (Thun Hoon, 02/07/15)

MTLS
MTLS expects 2015 revenue to grow 40%, excluding nano-finance, thanks to loan growth. It plans to hold a roadshow in Hong Kong, Singapore, London, and Paris. (Khao Hoon, 02/07/15)

PF
PF targets 2015 revenue of Bt16.5bn. It expects to launch twelve projects worth Bt16bn in 2H15. PF and AIS have launched “Perfect Digital Village powered by AIS Fibre”, and expect this to increase sales in the rest of the year. (Khao Hoon, 02/07/15)

PICO
PICO expects to show a net profit this year with 30% gross margin. Its backlog is Bt300mn. (Khao Hoon, 02/07/15)

PRIN
Management approved Bt4bn to acquire a property company. PRIN asked the SET to place an “H” sign on June 30. (Khao Hoon, 02/07/15)
Comment: Looks like a backdoor listing of KPN rather than PRIN buying a property co.

PTG
PTG signed contract with TOP to buy Bt250bn in oil for seven years. (Thun Hoon, 02/07/15)RS RS targets 2015 revenue of Bt4.6bn with higher growth in net profit. It is budgeting Bt100mn to introduce a new channel named Plearn T.V. (Khao Hoon, 02/07/15)
Comment: Great move by PTG to guarantee its supply

RWI
RWI dealing to sign on with partner in Laos, targeting exports to reach 10%, backed by abundant demand in Laos. (Thun Hoon, 02/07/15)

SIM
SIM expects sales of 2mn mobile phones in 2H15 backed by introducing new smartphones and marketing campaign, expecting to raise revenue to Bt13bn as targeted. (Khao Hoon, 02/07/15)
Comment: SIM’s revenue isn’t going to show the wonderful growth it did in ’13-’15 anymore.

SCC
SCC announced subsidiary TCFC will spend Bt1.5bn to buy a packaging business in Vietnam, taking an 80% stake. This acquisition will support business and raise its capacity to 520 sqm per year. (Khao Hoon, 02/07/15)

TAKUNI
TAKUNI is focusing on construction business and slowing new gas station openings. It is confident in 2015 revenue and net profit growth, as 1Q15 net profit is equal to 2014’s. (ASTV, 02/07/15)

THCOM
THCOM has loaned Bt2.5bn to SHEN for a license fee, extending the 25 years of the Lao telecommunication license. (Khao Hoon, 02/07/15)

TPCH
2Q15 revenue expected at Bt60-66mn with 30-40% growth this year. It expects to sign a 16MW PPA. It is waiting for power plant bidding and expects to get 113MW in the south. (Khao Hoon, 02/07/15)
Comment: A company that could be the largest biomass company in the country.

VIBHA
VIBHA expects a record high for revenue this year backed by increasing in patients. It budgets Bt200-300mn to increase capital to Thipayabodin which it expects to list at the end of next year. (Thun Hoon, 02/07/15)