ADVANC

ADVANC maintains its 3% revenue growth target this year. The company plans to expand to the 4G network in 3-4 months if it wins the 4G auction. (Thun Hoon, 19/8/15)

BAFS

BAFS plans to raise this year’s revenue target in response to high demand. It plans to use Bt600mn CAPEX this year for business expansion. (Khao Hoon, 19/8/15)

BJCHI

BJCHI expects QoQ stronger revenue in 3Q15 and targets 15% YoY revenue growth this year backed by baht depreciation and more projects. (Thun Hoon, 19/8/15)

ECF

ECF believes its revenue growth target of 12% this year is achievable. Revenue from local and overseas is strong and it expects to boost the proportion of revenue from exports to not less than 20% of total revenue this year. (Khao Hoon, 19/8/15)

ERW

ERW has upped the level of security for guests at Grand Hyatt Erawan Bangkok Hotel after the bomb at Erawan Shrine. There was a small amount of damage in the commercial space, with no damage to guest rooms. Before the bomb, the hotel was enjoying a high occupancy rate of 82% (vs. 60% last year); it is monitoring operations after the bomb. (Krungthep Turakit, 19/8/15)

Comment: Within 2 years the price will again ~6 /share, its the 3rd or 4th time i’ve seen this decline in my short career here.

ESTAR

ESTAR expects transfers at Star View project with value of Bt3.8bn to begin in September. So far, this project has not been affected by the economic slowdown. (Khao Hoon, 19/8/15)

FSMART

FSMART believes its earnings will hit a new high this year boosted by 40% jump in revenue YoY from the Boonterm top-up machine. (Khao Hoon, 19/8/15)

GCAP

GCAP says operations are feeling the pinch from the drought and plans to revise down its 15% loan growth target and will add new products and services. It expects NPLs to be better in 2H15. (Thun Hoon, 19/8/15)

INTUCH

INTUCH is keeping its revenue growth at 5-7% this year (from Bt25.2bn last year) backed by 5-6% revenue growth at subsidiary THCOM. THCOM plans to manage its exchange rate risk after experiencing a FX loss of Bt200mn in 2Q15. Subsidiary ADVANC is confident about the 4G auction. (Krungthep Turakit, 19/8/15)

MALEE

MALEE announced a DPS of Bt0.5; XD is August 25. It plans to join with partner Monde Nissin Corporation to expand its business in the Philippines. (Thun Hoon, 19/8/15)

Comment: It will be quite interesting to see how MALEE performs in the Philippines market they’ll be up against some big boys over there.

PTT

PTT expects lower losses from CNG in the second half of the year than in the first half, when it had losses of Bt5.5bn. (Khao Hoon, 19/8/15)

SORKON

SORKON will export halal food to the Middle East in 4Q15, starting with snacks produced from seafood and chicken. (Khao Hoon, 19/8/15)

STEC

STEC has received a new project with value of Bt1.6bn and this boosts backlog to Bt45bn. (Thun Hoon, 19/8/15)

THCOM

THCOM expects better revenue in 2H15 backed by full recognition of revenue from Thacom 7 and gain on sale of its investment in Synertone Communication Corporation. The company expects 5-6% revenue growth this year. It expects to reach 50% bookings for Thaicom 8 before it starts operations in mid-2016. (Khao Hoon, 19/8/15)