AKR
AKR expects 2016 revenue to grow not less than 50% aided by public projects. It plans to cooperate with agricultural cooperatives to take part in government unit solar farm in April. It expects to get electricity transformer orders in May. It expects to take part in Bt6bn bids. Investors in Singapore and China are interesting to invest in solar farm if government allows doing. (Thun Hoon, 30/03/16)

GLOBAL
GLOBAL expects 1H16 earnings to be good on high season. It expects 2016 revenue to grow 10-15% from 2014’s Bt17.4bn. It is budgeting Bt2bn to open 8 stores. (Thun Hoon, 30/03/16)
Comment: And the stock price had a positive move after management stepped down after being caught for insider trading

GPSC
GPSC expects 1Q16 earnings to be good on the back of IRPC Clean Power. It plans to start up the 123MW Nava Nakorn power plant in 2Q16. It targets 1,400MW capacity at the end of 2016. (Khao Hoon, 30/03/16)

IFEC
IFEC expects to get a 100MW Japanese solar farm in 2Q16 after signing a letter of intent with a Japanese partner. It expects Dhara Dhevi to exit rehabilitation plan in 2Q16. (Thun Hoon, 30/03/16)
Comment: I’ve seen them announce a million LOI’s…

JUBILE
JUBILE expects 1Q16 earnings to be good driven by Forevermark. It targets revenue to grow 10-15% with 40% profit margin. (Thun Hoon, 30/03/16)
Comment: SSSG’s have been -ve for the past 2 years, the question is when will this turn

LHBANK
LHBANK has entered into a memorandum of understanding to offer a 35.6% stake to Taiwan’s CTBC Bank in a deal worth Bt16.5bn. (Bangkok Post, 30/03/16)
Comment: So they finally found a partner! And the stock price did move before the deal was announced publicly, so what will the SEC do here?

PERM
PERM expects to show net profit in 2016 from net loss of Bt263.74mn. It targets revenue to grow 10% backed by an uptrend in steel price and numerous orders. It plans to wipe out retained losses. (Thun Hoon, 30/03/16)

PB
PB targets 2016 revenue to grow 20% brought by launching 20 new bread products. It has budgeted Bt100mn to increase its sales. It plans to open a distribution center in the north. (Khao Hoon, 30/03/16)
Comment: Well with their earnings has increased by 50% since 2012, who wants to bet against this?

PS
PS expects 1Q16 presales to be higher than Bt9bn thanks to property incentives. It is confident 2016 revenue will reach target of Bt52bn on the back of transfers. It plans to launch Bt45bn worth of projects which are expected to raise its backlog to over Bt10bn. It expects this to cover revenue through 2018. (Thun Hoon, 30/03/16)
Comment: With THB 80 bn worth of inventory/backlog when should we start to worry?

RS
RS expects CH8 revenue to be good in the first quarter of this year after it selling ad slots that will last until the end of this year. It plans to focus on its online platform and digital TV. It expects 2016 revenue to hit Bt2bn. (Khao Hoon, 30/03/16)

TACC
TACC expects 1Q16 earnings to be good on the back of business uptrend. It targets 2016 revenue to grow 15%. It plans to set up vending machines. It expects this to increase its revenue. (Khao Hoon, 30/03/16)

TMC
TMC expects to show net profit with Bt700-750mn revenue this year. Its backlog is Bt138mn which is expected to be booked this year. It expects its diversified business to contribute profit in 2Q16. (Khao Hoon, 30/03/16)
Comment: A strange quiet little company that has shown decent #’s

TPCH
TPCH expects 2016 revenue to grow 150% from last year’s Bt304.9mn backed by two biomass power plants. It says 2015 revenue reached target because of Chang Raek Biopower. It expects this to be a key driver for the next 3-5 years. It targets 150-200MW power plants. (Thun Hoon, 30/03/16)
Comment: No surprise here, management has been very open and forth coming with the firm’s intentions. On hand I believe they have … ~100 MW of PPA’s

TU
TU has agreed to acquire a 40% equity stake in Avanti Feeds’ wholly owned shrimpprocessing unit, Avanti Frozen Foods Private Ltd (AFFPL) of India. The stake will be worth 1,254.1 million Indian rupees (about Bt661mn). (The Nation, 30/03/16)

UPA
UPA has signed a PPA with the Myanmar Electric Power Enterprise (MEPE) to sell 200MW electricity. The government of Myanmar will support the use of natural gas to produce electricity. UPA will be compensated at the rate of Bt1.18/unit sold. (ASTV, 30/03/16)