AH

AH expects 2H16 performance to be good on higher sales and lower cost. It targets 2016 revenue growth of 5%. It expects its investment plan in India to be concluded next year. It targets 2020 revenue to grow 100%. It got a good response from institutional investors at its roadshow in Hong Kong. (Khao Hoon, 04/10/16)

BEAUTY

BEAUTY plans to hold a roadshow to attract foreign investors. It plans to expand abroad by setting up distributors, beginning with Taiwan and Hong Kong. It expects 2016 revenue to grow not less than 20%, brought by large orders. (Thun Hoon, 04/10/16)

CWT

CWT plans to focus on power production. It plans do a takeover and ask for PPA via its subsidiary (CWTG). It expects CWTG to have PPA for 60MW before listing in 2018. It plans to take over three biomass power plants with total capacity of 28.5MW. (Thun Hoon, 04/10/16)

DELTA

DELTA expects 4Q16 performance to grow brought by large orders despite the contraction of 2% in the country’s exports. It expects 2016 revenue to grow 10% by focusing on ASEAN, which it expects to comprise 10% or revenue in 3-5 years. It is setting up plants in India to support revenue. (Thun Hoon, 04/10/16)

FORTH

FORTH plans to expand into health-related products to increase recurring income to 60%. It expects 2016 revenue to grow to Bt5.12bn thanks to large orders and its subsidiary. It expects to get a Bt2bn project, which is expected to support revenue. (Thun Hoon, 04/10/16)

GL

GL is expanding outside ASEAN for the first time by acquiring a stake in a leading Sri Lankan microfinance lender for US$70mn. GL’s latest purchase of 29.99% of Colombo-listed Commercial Credit & Finance Plc (CCF) is part of a plan to enter new markets in South Asia. (Ba ngkok Post, 04/10/16)

JUTHA

JUTHA targets revenue growth of 5-10%. It expects 2H16 performance to benefit from higher BDI and higher demand from AEC. It expects its business to grow on the back of cost control and good clients. (Thun Hoon, 04/10/16)

KSL

KSL’s board approved the spin-off plan of Khon Kaen Alcohol Company Limited (KKA), a producer and distributor of ethanol with capacity of 350,000liter/day, in the third quarter of 2017. (Khao Hoon, 04/10/16)

LOXLEY

LOXLEY bidding for more government jobs. It has backlog of Bt10bn which will be booked through next year. It is confident that 2016 revenue will reach its target of Bt15bn and expects to grow 5-10% each year. It expects the online lottery to support revenue. (Thun Hoon, 04/10/16)

SENA

SENA reports 9M presales of Bt4bn, targets Bt4.5bn for the full year. It expects 3Q16 revenue and net profit to slide but for 2016performance to be a record high. It plans to launch Bt1.44bn in projects over the rest of the year. It targets 2017 revenue growth of 20%. It plans to launch new projects valued at no less than Bt8bn. (Thun Hoon, 04/10/16)

SIRI

SIRI reports presales of more than Bt20bn in 9M16 and expects to launch eight new condos with a total value of Bt24.5bn in 4Q16. It plans to book revenue of Bt11.4bn in 2H16 and is preparing an event “Sansiri Life Comes Home 2016” in Thailand, Hong Kong, Singapore and Taiwan on November 4-6. (Thun Hoon, 04/10/16)

TM

TM has set its target 2017 revenue growth at 20% to Bt720mn supported by expansion in small hospitals. It expects 2016 revenue of Bt600mn, driven by high season in 4Q16. It expects the M&A and JV deals to come to fruition next year. (Khao Hoon, 04/10/16)

TSE

TSE is talking to a prospective partner to invest in a solar farm in the Philippines. It targets 20MW in the first phase. Its 22MW biomass power plant is being constructed. It expects this to contribute revenue of Bt630mn. Its management expects 2H16 performance to be good. ( Thun Hoon, 04/10/16)

VIBHA

VIBHA expects 3Q16 to be good supported by high season and more new patients. It is confident that 2016 earnings will record a new high. It plans to buy BangPo Hospital ordinary shares and expects to book profit in 2017. (Thun Hoon, 04/10/16)