AMATA
AMATA visited Stockholm, Sweden to study its ‘Hammarby Sjostad’, or ‘Smart City’ project, and SAAB Group which manufactures fighter jets for Sweden, in the hopes of developing a Smart Aerospace City in Thailand. (Thun Hoon, 7/6/2017)

CSS
CSS expects to benefit from NBTC and MEA project to ground all power/cable lines along five main roads beginning in June. Management expects 2H17 performance to be strong. It is also in the running for the bid to ground power/cable lines in Phuket, Koh Samui, Chiang Mai, Nakorn Ratchasrima, and Nong Khai. The company targets revenue growth of Bt5-5.2bn. (Thun Hoon, 7/6/2017)

HANA
HANA will grow in line with the industry, particularly from the high demand for semiconductors. (Thun Hoon, 7/6/2017)

MACO
MACO will invest Bt150mn in digital advertisements, a change from its normal expertise in static billboards. The company expects revenue to grow 25-30% YoY from the acquisition of CoMass and new clients. (Thun Hoon, 7/6/2017)
Comment: We’ve done some numbers on this and basically don’t see it driving the revenue that the company is hoping for.

NEWS
NEWS submitted a report to SET that it will split par form Bt5/share to Bt1/share in order to increase liquidity and raise equity, as well as increase share price stability. (Thun Hoon, 7/6/2017)
Comment: All rubbish, its just to make the stock price go up.

PACE
PACE expects 2H17 to turn around as it books revenue from Mahanakorn and Mahasamut . (Thun Hoon, 7/6/2017)
Comment: Well they had better or else those new investors will just take over some floors

PTT
PTT is looking to partner with Continental Automotive (Thailand) for a new manufacturing plant in Thailand for the production of auto tire products. (Thun Hoon, 7/6/2017)

PTTEP
PTTEP says the production suspension of S1 only impacts 5% of production volume and will immediately slow the planned Bt4bn investment in the project. (Thun Hoon, 7/6/2017)

PYLON
PYLON is looking to expand its business to neighboring countries. The company will likely start off by partnering with major contractors to reduce risk. This plan will finalize within this year. 2H17 performance is expected to be strong with backlog of nearly Bt400mn to be recognized this year. (Thun Hoon, 7/6/2017)
Comment: The market is pricing in projects and potential that PYLON doesn’t have the capacity to support

SEAFCO
SEAFCO expects to gain more work in June worth no less than Bt300mn, as well as foundation work in Myanmar worth Bt100mn. The company targets Bt2bn in revenue this year from the recognition of Bt1.6-1.7bn this year. The company also expects to gain some work from Pink and Yellow lines worth Bt1-2bn at the end of the year. (Thun Hoon, 7/6/2017)
Comment: See above

SIRI
SIRI is expected to benefit from its JV in 4Q17 and 2018. It also reports strong presales and improved profit margin. (Thun Hoon, 7/6/2017)
Comment: It’s all down to the marketing costs for this company

SQ
SQ expects a new high in performance this year. It expects to finalize the potash mine project in 3Q17. The company will bid for Maemoh mine 9 on August 15, with the bid winner announced in 4Q17. The company is looking for a partner for the 240MW wind project. The company currently has Bt37bn worth of backlog on hand. (Thun Hoon, 7/6/2017)

SUPER
SUPER is on a roadshow around the world to promote the company. It expects earnings this year to reach new high. The company is going ahead with its plans for a power plant overseas. (Thun Hoon, 7/6/2017)
Comment: Around the world? Really Thunhoon?

THCOM
THCOM is to partner with Huawei and Starcore to develop a platform for the dissemination of sound and images on internet applications, also known as ‘Over The Top (OTT)’. This aims to better support telecommunication service providers in Thailand . (Thun Hoon, 7/6/2017)

TPCH
TPCH will bid in 589MW of renewable power projects from the government this year. The company will also finalize its plans for the 52MW hydropower plant. Management expects 2Q17 to continue to grow and bring 2017 performance to a new high. The company targets 200MW by 2020. (Thun Hoon, 7/6/2017)
Comment: It’s rather typical for this industry to continually face delays..why? Because these companies are relying upon the government to open bidding for new projects.

UAC
UAC is to invest Bt1bn per year for both domestic and overseas projects. The company expects earnings to normalize from improved cost control. It targets Bt1.8bn in revenue this year. Management is confident PTTEP’s production suspension at S1 will not affect its natural gas supply. (Thun Hoon, 7/6/2017)