AJP
Targets 2015 revenue of Bt750mn backed by strong fundamental. It plans to restructure business by focusing on IT business, event organization and alternative energy. (Khao Hoon, 25/05/15)

BRR
2015 revenue expected to grow 50% from 2014’s Bt241mn aided by increasing electricity sales and sugar orders. Its 9.9MW power plant is operating and it plans to invest in a biomass power plant. (Thun Hoon, 25/05/15)
Comment: Its the traditional expansion of any sugar company in Thailand, however with the brazilian currency being hammered their sugar exports are causing global sugar prices to decrease, this isn’t a good omen for any thai sugar plant

CCP
CCP expanding production capacity for concrete sleeper for infrastructure project worth Bt1.99trn. Management plans to set up a subsidiary to invest in new machines. 2Q15 profit is expected to jump from transfers and new jobs. (Thun Hoon, 25/05/15)

KTIS
Expects growth in 2015 profit and believes that the sugar price will stand at 14.8 cents/pound this year. Its 50MW biomass power plant is expected to start up in 2Q15 and the other is expected to startup in 4Q15. (Khao Hoon, 25/05/15)
Comment: See BRR

NCL
NCL setting up subsidiary in Cambodia to expand into the logistics management business. The company is confident it will acquire more jobs that will lead to earnings recovery in 2Q15. 2015 revenue is expected to grow 30%. (Khao Hoon, 25/05/15)

RATCH
Management says the company is planning to build another unit at Hongsa power plant in Laos because of an abundance of lignite underground. It expects to take about 3 months to study the project before sending a proposal to the Laos government. (Khao Hoon, 25/05/15)

SGP
Expects net profit in 2Q15 from 2Q14’s loss of Bt95.97mn, thanks to rising LPG price and efficient cost control. 2015 revenue is expected to reach Bt60bn on demand growth. It has budgeted Bt100mn to invest in five new gas stations. (Thun Hoon, 25/05/15)
Comment: It’s always the same story with SGP, one quarter they make a profit, the next they lose on trading gas prices.

SSI
Expects to net profit in 3Q15 due to better spread. Although there is a loss in equity, the company is confident SSI stock will not be SP. The company increased US$100mn capital via PP. (Khao Hoon, 25/05/15)
Comment: Will this company ever turnaround? We think not. (unless china for some reason stops making steel)

STPI
STPI will sign contract for Module assembly- Ichthys project, an onshore LNG facility, worth US$158mn. (Thun Hoon, 25/05/15)

SYNEX
Both local and foreign funds are interested in SYNEX stock. The company plans to expand abroad, expecting to increase exports by 100%. It expects revenue of Bt2.1bn this year. SYNEX plans to list subsidiary Prism Solution. (Thun Hoon, 25/05/15)

TCC
1Q15 profit was Bt1.6mn backed by gradual growth of coal demand. 2015 profit is expected to rise from domestic and foreign market expansion, especially in Laos and Cambodia. Coal sales are expected to grow 10% due to BoI measures that support its clients. (Thun Hoon, 25/05/15)

TOP
2Q15 profit is expected to improve due to stock gain and better oil price. The company is confident gross integrated margin (GIM) will rise to US$7. The investment in production of linear alkylbenzene (LAB) is progressing. (Khao Hoon, 25/05/15)

TTA
TTA plans to acquire alternative energy company that is expected to be finalized by 3Q15. Management is confident 2015 performance will show a net profit while 2Q15 revenue will grow upon the recovery of its subsidiary Mermaid Maritime. (Khao Hoon, 25/05/15)

UV
UV plans to open two projects worth Bt2bn. 1Q15 revenue jumped 96%. (Khao Hoon, 25/05/15)