AOT
AOT expects earnings to be better than in 2015, which had a profit of Bt18.7bn, backed by weak oil price and tourist expansion. The board approved a budget of Bt27bn for Phase 3 of Don Muang airport. It will extend the lower landing fee to two years. (Thun Hoon, 24/03/16)
Comment: Boom, get ready for more mainland tourists

BIG
BIG expects 1Q16 sales growth of no less than 10% supported by the popularity of mirrorless cameras. It is confident that earnings in 2016 will hit target. It plans to open 10 new branches. (Thun Hoon, 24/03/16)
Comment: This stock has been a tear, it does seem that the younger consumers are happily buying camera in droves, is this taking demand away from smartphones?

BIGC
BIGC budgeted Bt16bn to build strength and open new branches nationwide. It will change strategy and have seasonal campaigns to boost sales. (Thun Hoon, 24/03/16)

BJC
BJC prepares to tender for 341.99mn shares or 41.45% of BIGC at Bt250.26/share, in total worth Bt86bn. (Kao Hoon, 24/03/16)
Comment: A deal without any excitement on its last day

 

GTB
On its first day of trade GTB price closed up 57.39% at Bt1.81, above IPO price. Its CEO said that 2016 net profit will surpass last year’s Bt69mn, supported by Its backlog of more than Bt400mn. (Kao Hoon, 24/03/16)

ITD
ITD got two new jobs in total worth Bt294mn. It has backlog of Bt259bn in the first two months. It plans to sign for a new job worth Bt23.9bn. (Kao Hoon, 24/03/16)

LPN
LPN expects transfers in 1Q16 to reach Bt4bn or 100% growth supported by the completion of five projects valued at Bt10.2bn. It has backlog of Bt4-5bn to support demand before the property stimulus ends. (Kao Hoon, 24/03/16)
Comment: Every property developer should be off to a cracking start this year, the question is only will it be sustainable.

MAJOR
MAJOR expects 1Q16 revenue to grow more than 10% supported by more revenue from foreign movies. It plans to increase the number of screens to 1,000. It expects to increase revenue from foreign movies in neighboring countries to 10%. (Thun Hoon, 24/03/16)
Comment: Batman vs Superman!

ROJNA
ROJNA targets to sell 400-500 rai of land in this year on the back of planned additional investment by Japanese and Chinese clients. It expects no help from BOI approvals because of the economic slowdown. It expects its 110MW cogeneration power plant to supply electricity from mid-2017. (Khao Hoon, 24/03/16)
Comment: Perhaps one of the CHEAPEST companies out there but….is it a value trap given how laid back management are?

SENA
SENA targets 2016 revenue of Bt3.5bn. It plans to invest in 100MW solar power plants by 2018. It plans to list SENA Solar Energy soon. (Thun Hoon, 24/03/16)
Comment: Again something that the market should already know by now, but is it priced in? Do people believe in the management’s capability to expand this heavily into solar?

SOLAR
SOLAR expects to show s net profit in 1Q16 with revenue of Bt400mn. It expects 2016 net profit to return to the black with revenue not less than Bt3bn backed by 400MW solar cells capacity. It expects higher revenue aided by government projects. (Khao Hoon, 24/03/16)

SUPER
SUPER expects to benefit from extension period for supplying electricity. It expects to supply 400MW electricity by April 30. It expects to begin to supply electricity at the end of March. (Khao Hoon, 24/03/16)

THANA
THANA expects backlog of Bt100mn in 1Q16. It is confident 2016 revenue will reach Bt1bn (20% growth). It plans to launch three low-rise projects valued at Bt1.4bn. (Khao Hoon, 24/03/16)

TBBI
TBBI will trade today. It expects a good response from investors because of its strength and productivity technology. It plans to expand integrated packaging at home and abroad. It plans to double revenue within five years. It expects to become a global leader in packaging. (Thun Hoon, 24/03/16)

TSR
TSR plans to open two branches, Buriram and Mukdahan. It plans to move its branches at Phitsanulok and Hatyai. It expects 2016 revenue and net profit to mark a record high this year. (Khao Hoon, 24/03/16)
Comment: I’m starting to see their advertisement’s for their “Safe” brand on buses.

TTW
TTW plans to invest in a 40,000 cubic meter tap water plant in Myanmar in 2H16. It expects domestic tap water demand to grow 5-10%. It expects enough supply to meet demand. (Khao Hoon, 24/03/16)