ANAN
ANAN launches 4 new projects worth of Bt11bn. It has set a presales target of 40% per project within Aug 12-16. It is cooperating with Thai Samsung Electronics. (Khao Hoon, 14/8/15)]
Comment: And they’re spending quite the small fortune on marketing these projects, you can see their advertisements everywhere in Bangkok

ATP30
ATP30 IPO price at Bt0.95/share with 24.59% discount. It plans to invest in a bus. First trading day is Aug 27, 2015. It expects revenue growth of 15-20% in 2015. (Khao Hoon, 14/8/15)
Comment: Looks like another small IPO, watch for the first day bounce

BKD
BKD reported profit growth of 20% to reach Bt63mn in 2Q15. It targets jobs of Bt3.5bn supported by a new client. (Khao Hoon, 14/8/15)

CHG
CHG targets revenue growth of 15-20% from Bt2.71bn last year due to high season in 2H15 and expanding demand. It has budgeted Bt550mn to expand its hospital. (Thun Hoon, 14/8/15)
Comment: We still wonder aloud if this hospital group will ever be taken over.

ECL
ECL plans to M&A or joint venture with a big company. It plans to expand its logistics and vehicle rental activities. It expects revenue growth of 30% in 2015 supported by two new companies to support and a JV. (Thun Hoon, 14/8/15)

FORTH
FORTH reported net profit growth of 445% to Bt120mn in 2Q15 supported by its subsidiary. (Khao Hoon, 14/8/15)
Comment: 100% driven by FSMART, still an amazing cashflow generator for the company

FPI
FPI targets revenue growth of 20%. It reported profit in 1H15 of Bt91mn and plans to expand its branches. (Khao Hoon, 14/8/15)

GPSC
GPSC is confident that 2015 revenue will be a new high. It plans to do M&As with three companies this year. (Khao Hoon, 14/8/15)
Comment: Perhaps one of the few growers in the PTT Group

INTUCH
INTUCH reported profit growth of 17% to Bt4.08bn in 2Q15 from Bt3.5bn in 2Q14. (Khao Hoon, 14/8/15)

MILL
MILL expects to have profit in 2Q15. It will deliver 100,000 tons of steel in 2H15. It is confident that revenue in 2015 will hit target of Bt15-16bn and plans to pay a dividend. (Thun Hoon, 14/8/15)

NWR
NWR will book revenue of more than Bt5bn in 2H15 from backlog of Bt17bn and plans to bid for new jobs. It expects to open two new projects worth Bt2.2bn. It is studying a power plant in Laos and Myanmar to support revenue in 2016. (Thun Hoon, 14/8/15)

PLANB
PLANB reported profit growth of 160% to Bt131mn in 2Q15. It plans to expand its media to online top up machine and airport. It plans to invest abroad and finish at least one deal this year. (Khao Hoon, 14/8/15)

PTTEP
PTTEP maintains its petroleum sales growth of 3%. It postponed the plan to increase capacity to 600,000 barrels to 2016. (Khao Hoon, 14/8/15)

RATCH
RATCH reported profit of Bt2.3bn in 1H15. It increased capacity to 5,863 MW. It is preparing to start operating a renewable biomass power plant in Songkhla and power plant unit 2 in Hongsa at the end of this year. (Khao Hoon, 14/8/15)

RS
RS was affected by the economic slowdown in 1H15. However, it has advantages over competitor from the popularity of its channels Channel 8, Channel 2, Sabaidee TV and You Channel. (Thun Hoon, 14/8/15)
Comment: And it never hurts to have King Power as one of your shareholders

SAMCO
SAMCO expects revenue in 3Q15 reach Bt211mn supported by the completion of S9 condo. It is confident that revenue will hit target of Bt1.8bn. It plans to open a new project worth Bt2bn that will increase its backlog from Bt900mn. (Thun Hoon, 14/8/15)

SAPPE
SAPPE reported profit growth of 72% or Bt124mn in 2Q15 supported by more demand. It plans to stimulate purchases by marketing. It is confident that it has enough capacity to support demand. (Thun Hoon, 14/8/15)
Comment: Once a darling, a 50% drop from its peak can’t be instilling much confidence in its performance

SPCG
SPCG expects revenue in 2015 of more than Bt5bn. It plans to invest in a solar power plant. (Khao Hoon, 14/8/15)

SUPER
SUPER’s board approved investment in 44 solar farm projects worth of Bt19.5bn and total capacity of 290 MW. (Khao Hoon, 14/8/15)

TASCO
TASCO reported profit of Bt1.3bn in 2Q15 to bring profit to over Bt2.4bn in 1H15. It will pay a dividend of Bt0.3/share, XD on Aug 26, 2015. (Khao Hoon, 14/8/15)
Comment: One of my best investments in the past 2 years, fully valued now in my eyes.

THAI
Thai may miss Bt180 bn revenue goal, sees delay in cost-cutting plan – Thai Airways International (THAI) President Charamporn Jotikasthira said yesterday that the airline may not achieve the Bt180-billion revenue targeted for this year, amid delay in some cost-cutting plans and the occurrence of several non-current expenses during the year. (The Nation, 14/8/15)
Comment: Now they are nearly at 6x d/e, recap? yoohooo commercial banks, aren’t these levels breaching your debt covenants with Thai airways? Or is Article 44 hampering a clamp down?

TGPRO
TGPRO plans to negotiate with a new partner. It expects profit in 2015 and has set target growth in sales of 30% supported by government work. (Thun Hoon, 14/8/15)

TK
TK reported profit growth of 1,630% in 2Q15. It plans to increase capital at its subsidiary in Cambodia to expand its business and to support growth. (Khao Hoon, 14/8/15)

TPCH
Good news: EPPO will support its biomass power plant and biogas in the south with capacity of 50MW. It plans to expand its oil pipeline to the north and northeast. (Khao Hoon, 14/8/15)
Comment: Arguably one of the best beneficiaries of the biomass renewable plan.

TUF
Profit up 18.8% in 1H15 – SET-listed Thai Union Frozen Products Plc (TUF), the world’s biggest exporter of canned and frozen tuna, has posted a 18.1% rise in net profit in the first half with revenue helped by recent acquisitions. In the first six months of this year, the company had a net profit of 2.92 billion baht, up 18.1% from the same period last year with a net profit margin at 4.9%, compared with 4.2% a year ago, according to the company’s statement. (Bangkok Post, 14/8/15)

UV
UV reported revenue growth of 88% to Bt3.39bn in 2Q15. It has revenue of Bt6.13bn and net profit of Bt308mn in 1H15. It plans to launch 13 projects. (Thun Hoon, 14/8/15)