ADVANC
Wholly-owned subsidiary SBN takes 29% stake in IH or Bt3.6mn. It expects this deal will support the establishment of a fiber optics project. (Khao Hoon, 11/06/14)

IEC
IEC expects net profit growth in 2014 and to eliminate accumulated loss. It expects to pay a dividend in 2015, the first in 15 years, and is ready to invest Bt1.3bn in 2014. (Khao Hoon, 11/06/14)
Comment: Trading a 0.03/0.04 per share @ a mkt cap of THB 3.7bn, it’s hard to get excited about this.

IRPC
IRPC reports fire broke out at its diesel plant in Rayong, reducing revenue Bt400-500mn per month. It will face losses in 2Q14, if it book provision expense. It has insurance US$1.2bn and expects GIM at US$8.5. (Khao Hoon, 11/06/14)

KBANK
KBANK meets target with provincial help – Kasikornbank, the country’s fourth largest lender by assets, has achieved its retail banking business growth target for the first four months of this year, thanks largely to its provincial-oriented strategy. However, political tension during the period sapped loan demand. (Bangkok Post, 11/06/14)

LALIN
LALIN says revenue in 2Q14 is close to Bt655.6mn in 1Q14 and maintains revenue and presales of Bt2.7bn and Bt3.2bn respectively in 2014. It will launch 4-6 condos worth Bt2.5bn in 2H14. (Khao Hoon, 11/06/14)

LHK
LHK confident in net profit growth in 2014 and continues to control costs to increase net margin from a year earlier. It will invest Bt80-90mn in 2014. (Khao Hoon, 11/06/14)
Comment: One of the smaller automotive part-manufacturers

MILL
MILL and Thiha group set up company to invest in trading business in Myanmar with the goal of accessing the construction materials market in Myanmar. CEO Khun Sitthichai expects this venture to generate high growth. (Khao Hoon, 11/06/14)
Comment: Well MILL has to find a way to make $ as its current business isn’t doing very well.

MK
MK reports presales of Bt875mn in 5M14. The townhome market growth is 20% and it will launch four projects worth Bt3.3bn in 2H14. It maintains 2014 revenue and presales of Bt2.8bn and expects higher net profit from Bt428.56mn in 2013. (Khao Hoon, 11/06/14)

RS
Judgment today — The administrative court will issues its ruling on the broadcast of the FIFA matches on free TV today. It will require it to allow free TV either all 64 matches or just 22. RS says it will have to comply with FIFA rules or not broadcast. NBTC says it is protecting the rights of viewers. (Khao Hoon, 11/06/14)

TPOLY
TPOLY confident revenue will be more than Bt3.4bn and in the black from net loss of Bt447mn in 2013. It has backlog of Bt3.5bn and will book 60% of this in 2014. It may obtain an additional project worth Bt1bn in 2H14. (Khao Hoon, 11/06/14)

UIC
UIC expects better performance in 2Q14 from 1Q14 revenue of Bt210.89mn and net profit of Bt16.67mn because it has new products. It expects revenue of Bt850mn in 2014 and will complete a deal with a partner to set up a beauty business, expected to launch in 3Q14. (Tun Hoon, 11/06/14)
Comment: A smaller petrochemcial distributor, kind of strange (or not, it is Thailand after all) expanding into the beauty business.

UMI
UMI gains Bt101mn from sale of land. It will book this in 2Q14. It will use the funds to service long-term debt. Khun Paweena, the CEO, hopes political easing and recovery in consumer confidence will boost business activities. (Khao Hoon, 11/06/14)

VGI

VGI maintains revenue growth of 13-17% YoY and aims to acquire a business or set up a joint venture in 2014. It is interested in outdoor media and expects Bt12bn from the issue of VGI-W1, maturity of four years, raising Bt3bn per year. (Khao Hoon, 11/06/14)
Comment: The warrant issurance drives punters into almost any stock as they view it as free $