AKR
AKR expects 4Q15 earnings to be highest backed by Bt500mn in transfers which achieved 2015 target revenue. It expects 2016 revenue of Bt3.2bn (+60%) aided by government projects. It expects to get a 9MW PPA for an agricultural cooperative solar farm in December. It expects to get Bt4bn in electric transformer projects. (Thun Hoon, 08/12/15)

BIG
BIG expects 4Q15 earnings to be peak. It plans to wipe out retained losses by the end of this year and pay a dividend on 2015 performance. It expects 2016 revenue to grow 10% by focusing on printing photos from smartphones. (Khao Hoon, 08/12/15)
Comment: That is the only “news” that seems to be supporting this stock, otherwise we don’t see much of a future in this niche player.

CPALL
CPALL plans to open 600 branches next year. It expects 2016 net profit of Bt15bn (+15%) from this year’s Bt13.2bn with Bt400bn in revenue. (Thun Hoon, 08/12/15)
Comment: By the looks of the stock price today funds just don’t like an executive team that front runs the market

EPCO
EPCO’s board approved investment in solar power plants in Japan (five projects, total 48MW). It expects this to supply electricity by 2Q16 and contribute Bt1bn in net profit for the life of the projects. It plans to list a subsidiary soon. (Thun Hoon, 08/12/15)

MC
MC expects 2016 revenue growth of 15% though it may achieve only 12% in this year because of the economic slowdown. Management says foreign companies are interested in becoming dealers. It plans to open new branches by the end of this year. It has budgeted Bt170mn to invest in 2016. (Thun Hoon, 08/12/15)
Comment: I still don’t care for the “Growth” story of this company, but at the right price definitely worth a look as its core business is ok.

MILL
MILL expects 20% growth in sales in 2016 to 800,000-900,000 tons from 700,000 tons this year. It expects 2016 gross margin to increase to 10% from 7-8% this year. It expects to complete a deal for a solar farm and a capital increase with 500mn shares via PP next year. It expects the price for PP will be higher than market price. (Khao Hoon, 08/12/15)

NDR
NDR targets 2016 revenue of Bt1bn by launching a new product in 1H16. It expects to export to India which will contribute Bt205-225mn in revenue. It is talking to a prospective partner in Indonesia to broaden its market. (Khao Hoon, 08/12/15)

PF
PF expects to show a net profit in 4Q15 from a net loss of Bt187.53mn thanks to government stimulus measures. It expects 2015 net profit to mark a record high. It targets 2016 revenue growth of 10-20%. (Thun Hoon, 08/12/15)

PLE
PLE expects 2016 net profit to be good backed by Bt30bn in upcoming bids and Bt10bn transfers. It plans to wipe out Bt1.73bn retained losses. It is talking to a Chinese prospective partner to invest in infrastructure both local and abroad. It expects to complete the sale of a Bt500mn power plant in 4Q15. (Thun Hoon, 08/12/15)

SF
SF expects 4Q15 earnings to be peak on seasonality. It expects 2015 revenue of Bt1.86bn aided by higher occupancy. It plans to launch Lumpini Township next year. (Thun Hoon, 08/12/15)

TNDT
TNDT expects 2016 revenue to grow not less than 10% backed by increasing exports from its subsidiary in Indonesia. It targets exports to comprise 10% in 2016 from 5% in this year. It expects to book Bt40mn revenue for the rest of the year. It plans to invest in coal power plants. (Thun Hoon, 08/12/15)
Comment: A wonderful little business, but we’ve been hearing about this coal power plant for years and I do wonder if it is still viable at these ASP’s

TSR
TSR expects 2015 net profit to hit a new high with 30% revenue growth as targeted. It plans to expand its branches and customer service centers. It targets 2016 revenue to grow 30%. (Khao Hoon, 08/12/15)
Comment: Looks like retail punters are having fun with the stock price here, but a great little business nonetheless

TTCL
TTCL expects to take part in Bt70bn in bids after it got Bt35bn projects. It plans to list Power Holding on Singapore’s stock exchange by the end of 2016, funding US$200-300mn. It plans to use the funds to invest in power plants. It expects 2016 revenue of Bt22-23bn. Management says the big-lot sale of Bt43.8mn in its shares by two major shareholders was personal needs for liquidity and does not indicate a poor performance. (Thun Hoon, 08/12/15)
Comment: That would be a positive use of capital markets, I do wonder why the SET couldn’t convince TTCL to list those assets here.

TU
Thai Union scraps Bt54-bn deal – Thai Union Group (TU), the world’s largest canned-tuna producer, yesterday scrapped a US$1.5-billion (Bt54 billion) attempt to acquire its US rival Bumble Bee Seafoods, after US authorities said consumers would be better off without the proposed transaction. (The Nation, 5/12/15)