ALT

ALT is cooperating with Itron France SAS and has signed a contract for the development of a power network in Pattaya from PEA worth Bt715mn. (Kao Hoon, 14/6/18)

APCS

APCS expects to sign new projects worth Bt1bn, raising its backlog to Bt3.5bn. It plans to focus more on the construction of power plants and utilities. (Kao Hoon, 14/6/18)

ARROW

ARROW’s 2H18 operation is set to be outstanding as it is booking revenue from underground cable conduit and another Bt50mn revenue from its JV. Its revenue is targeted to grow 10-15%, with backlog of Bt900mn. (Thun Hoon, 14/6/18)

AUCT

AUCT signals a jump in its 1H18 operations, after cars up for auction doubled to 10,000 per month. It believes this will boost its revenue to above its target of 14%. (Thun Hoon, 14/6/18)

CBG

CBG launched an energy drink from UK, Carabao Can Green Apple to attract new GEN Y clients, targeting to achieve sales of 1mn cans within three months. It aims to be the leader in the energy drink market in 2020, targeting revenue from overseas to rise to 80% from 60%. It plans to list CJ Express on the SET in 2020. (Thun Hoon, 14/6/18)

COM7

COM7 is set to get benefit from the World Cup, boosting revenue in May-August into growth despite being low season. It expects 2H18 operations to continue to expand, targeting more than 10 new branches with KBANK in 2018. Its first branch showed revenue growth of above 30% YoY. It targets 2018F revenue growth of above 15%. (Thun Hoon, 14/6/18)

CPT

CPT announced new three projects worth Bt230mn. It plans to book revenue in 2018. (Kao Hoon, 14/6/18)

GLOBAL

GLOBAL accelerates its plan to expand stores in Thailand and overseas. It targets 63 stores in Thailand and 14 stores overseas this year. It plans to get into online marketing. (Thun Hoon, 14/6/18)

L&E

L&E says its 2Q18 operations are better YoY, backed by strong demand. It maintains its revenue growth target of 20% YoY. It plans to get new projects from both government and private entities, lifting backlog from Bt1bn. (Thun Hoon, 14/6/18)

MBKET

MBKET expects strong revenue in 2Q18 and will diversify by expanding into other business. This year, the company has 5-7 IPO deals and 4-5 FA deals in the pipeline. For the brokerage business, it targets 210K new accounts and will maintain its 7% market share. (Thun Hoon, 14/6/18)

OCEAN

OCEAN’s board has approved a private placement (PP) of 482.57mn shares for Bt0.80/share (or Bt386.05mn) to Mrs. Chatchaya Tritrakulchai, who will become a major shareholder with a 40% stake. The proceeds will go to expand the biodiesel business. (Kao Hoon, 14/6/18)

PTG

PTG has partnered with BAFS to operate gas stations with an investment value at Bt100mn. It will begin in Pijit, Lampang and Kampeng Petch, beginning operations in 2019. (Krungthep Turakij, 14/6/18)

PTL

PTL expects stronger sales in FY2019 backed by ramping up utilization and new products. It sees industry growth of 6-7% and expects PET capacity expansion phase 1 in Thailand to complete within this year. (Kao Hoon, 14/6/18)

S

S invested US$235.39mn to acquire 100% in six hotels and resorts in four countries from Outrigger Hotels Hawaii Group. (Kao Hoon, 14/6/18)

SPALI

SPALI expects better operations in 2H18 backed by five new condominium projects with total value of Bt9.0bn. For 5M18, the revenue was at 40% of its full-year target at Bt33bn. It plans to launch 26 new projects with a total value of Bt33bn. (Kao Hoon, 14/6/18)

TNP

TNP expects strong operations in 2Q18, backed by improvement in the economy and consumer spending, mainly in Chiang Rai, from government stimulus. The company targets revenue growth at 1015% this year and sets Bt100mn capex to add five more stores. (Kao Hoon, 14/6/18)