AEC
AEC targets 2015 market share of 4% from 2014’s 2% aided by customer base expansion. It is confident 2015 performance will show a net profit despite the loss in 1Q15 as the capital market recovered. It has seven investment banking deals that will raise revenue. (Thun Hoon, 28/05/15)
Comment: It is a tough environment for small brokers to perform well, we have declining volumes and the bigger players have access to all the retail accounts that smaller players can’t touch (unless they break the law and offer zero commission)

ILINK
ILINK signs an MOU with a UK firm to engage in cloud solutions services. They will focus on television-media clients. It expects 2016 revenue of Bt10-20mn from this business. 1Q15 earnings and revenue grew 30% while 2015 profit is expected at Bt280mn with revenue of Bt3bn. (Khao Hoon, 28/05/15)
Comment: One of my first multi baggers back in ’06, cloud solutions, depending upon how they do could be wildly profitability (margins of 80-90% are possible)

KBANK
KBANK is collaborating with the Osaka Chamber of Commerce and Industry (OCCI) on business matching for Japanese small and medium-sized enterprises that plan to run businesses in Thailand. (Thun Hoon, 28/05/15)

MTLS
MTLS expects to get its nano-finance license by June 2015. The company is ready for this project with 600,000 clients who are waiting for this credit loan. It is confident it will achieve 40% growth in 2015 revenue and profit. (Khao Hoon, 28/05/15)
Comment: MTLS vs SAWAD

NWR
It expects gradual growth in 2Q15 revenue backed by backlog of Bt17.09bn. NWR will submit bids for Bt14bn in projects and expects to get Bt5bn. The JV in Myanmar is expected to be finalized by next month. (Khao Hoon, 28/05/15)

QH
TRIS Rating has assigned rating of A- “with the stable outlook that reflects the expectation that QH’s business profile will remain strong. (Khao Hoon, 28/05/15)

SEAFCO
SEAFCO ready to take on foundation pile projects that will raise backlog from Bt900mn. It expects 2015 revenue of Bt2bn from new jobs. Management has budgeted Bt120mn for new machines. (Thun Hoon, 28/05/15)
Comment: SEAFCO is the best and only foundation piling company thats listed on the SET

SIRI
SIRI expects single home sales to continue to trend up, backed by increasing in demand. It will launch a campaign “Narasiri Luxury in Detail” to underscore its high-end positioning. (Thun Hoon, 28/05/15)

SPVI
plans to introduce a new high-margin product. It expects this to generate revenue of Bt10mn. 2H15 sales are estimated to grow 10-15% YoY backed by increasing of new products. (Thun Hoon, 28/05/15)

TFD
TFD plans to invest in alternative energy business. It has entered into a JV with a Chinese company, Sanfeng Coventa, to set up a disposal waste plant and waste power plant. It expects 2Q15 earnings turn to positive aided by the Bt500mn sale of assets. Subsidiary Tiscom plans to set up an REIT in 4Q15 before listing. (Thun Hoon, 28/05/15)

TMI
TMI expects 20% revenue growth this year and a net profit. It is focused on international markets to increase its orders. (Khao Hoon, 28/05/15)

TPOLY
TPOLY expects net profit in 2015 on Bt4-6bn backlog, excluding building a biomass power plant for TPCH worth Bt2bn. TPOLY shareholders approved a B5188.96mn capital increase. (Khao Hoon, 28/05/15)
Comment: TPOLY benefits from the projects it receives from TPCH and its holding stake there.