AH
AH is dealing to buy firms in India, Malaysia and Japan, expected to be finalized by 2015. The company cut sales target to 5-10% due to a slowdown in the auto industry but it expects revenue to grow to Bt30bn in 2020. (Thun Hoon, 29/05/15)
Comment: AH hasn’t been an attractive investment since 2006 when it acquired KPN’s auto company

BJC
BJC expects 2015 revenue grow 10% from 2014’s Bt44.217mn. 2Q15 profit is expected to be higher than 1Q15 aided by cost control. It expects to finish the deal to buy another company soon. (Thai Post, 29/05/15)
Comment: BJC’s shareholders have been continuously blocking its plan to acquire Metro Vietnam.

CEI
CEI is focusing on its fans, planning to open a showroom by July 2015. It expects 10% revenue growth to Bt250mn this year backed by a new product, light bulbs. CEI plan to enter into a JV to invest in an 8MW solar power plant. (Thun Hoon, 29/05/15)

CHOW
CHOW gets 23.66KW solar rooftop project and plans to increase investment in alternative energy, leading to dramatic revenue growth. The company plans to introduce a turnkey solution for clients. (Thun Hoon, 29/05/15)
Comment: 23.66 KW is nothing to advertise about

DTAC
DTAC expects to have 14.9mn subscribers in 2019. Its CEO says the company is ready for the 4G license auction and plans to increase its investment in line with the government’s telecommunications roadmap. It expects 2015 revenue to be better than 2014’s Bt68.2bn. (Thun Hoon, 29/05/15)

GPSC
GPSC plans to grow by its so-called “Big Win” strategy, involving growth both at home and abroad. It plans to arrange a meeting between its partners and Thailand’s cabinet to support investment in a coal power plant and power line networking in Marid, Myanmar. (Thun Hoon, 29/05/15)

HMPRO
HMPRO plans to invest Bt150mn to renovate HomePro Suvarnabhum to serve its target market. It expects Bt100mn increase in sales from this renovation. (Khao Hoon, 29/05/15)

IFS
2H15 profit expected to jump thanks to government projects. It is confident 2015 revenue will grow 10-15%. (Thun Hoon, 29/05/15)

NUSA
Board approves setting up a subsidiary, Nusa One, to expand property development projects. 2015 revenue is expected to surge. It plans to open a new project worth Bt23mn. (Thun Hoon, 29/05/15)
Comment: A property company that is a pet project of its shareholders, I would stay away.

PYLON
Management expects 15% revenue growth in 2015 after 1Q15 earnings were its highest ever. It expects Bt900mn of backlog to be booked this year. It says the construction industry continues to trend up, backed by government projects. (Thun Hoon, 29/05/15)
Comment: It’s interesting that PYLON has been a decent grower in the construction industry despite the fact the pie for the industry has shrunk rapidly in the past 2 years

QTC
QTC gets job from PEA worth Bt182mn, raising its backlog to Bt416mn. It expects to get a Bt1.5bn job from the MEA. 2015 revenue is expected to meet the Bt1bn target. (Khao Hoon, 29/05/15)

SPALI
SPALI revises down new projects to 27 projects with the same value of Bt31.1bn by focusing on the high-end market. It targets 2015 revenue of Bt22bn; it has Bt39bn in backlog, expecting to book Bt14bn in 2H15. SPALI will introduce two condominiums worth Bt5bn in June. (Khao Hoon, 29/05/15)

SRICHA
SRICHA dividend yield is 9.17%, the highest in the construction sector. The company will bid for Bt8bn in projects soon. It is confident revenue and profit will grow 10% this year. (Thun Hoon, 29/05/15)
Comment: Such a high dividend yield piques my interest, question is only would it be sustainable given that it is a construction co.

SUPER
SUPER has 67 solar power plant projects with capacity of 396.37MW. At present, six projects with 13.01MW are operating. The company signed a contract with the PEA to sell 41.7MW. (Khao Hoon, 29/05/15)