APCO
APCO expects 2H15 revenue to be better than 1H15’s Bt189mn on expanding via online and launching new products. It targets 2015 net profit of Bt118mn on the back of high margin product and cost control. (Khao Hoon, 08/09/15)
Comment: And they are somehow launching a HIV/AIDS medicine as well.

BEAUTY
BEAUTY targets export to comprise 6% from 2% by focusing on India and the Middle East where it has a customer base. It plans to sign a contract with a distributor in Indonesia this month. It expects earnings to mark a record high this year. (Bangkokbiznews, 08/09/15)
Comment: They do have substantial amount of cash on the b/s relative to assets ~30% today.

BIG
BIG expects 2015 net profit to grow 100% from 2014’s Bt137mn on the back of higher bargaining power with suppliers. It has budgeted Bt100mn to renovate old branches and open new branches. (Thun Hoon, 08/09/15)

FSMART
FSMART plans to set up new version of Boonterm top-up machine in 208 SAWAD branches aiming at 200 branches/month. It is looking for other prospective partners. It targets top-up revenue to reach Bt15bn from 60,000 existing top-up machines. Management expects revenue from advertising will grow significantly in 4Q15. (Thun Hoon, 08/09/15)
Comment: And this machine continues to grow and grow

HEMRAJ
HEMRAJ expects to book extra gain in 4Q15. It plans to sell assets to a REIT. It revised down land sales to 1,100 rai. (Khao Hoon, 08/09/15)
Comment: Again the only story here, asset sale, big divvy, then acquired by WHA

KCAR
KCAR expects to benefit from move to reduce taxes on used cars. It targets vehicle leases of 7,000 this year aided by high demand. It plans to expand to the private sector. (Thun Hoon, 08/09/15)
Comment: KCAR is one of the safest yield plays in Thailand, shame about the low liquidity

KKC
KKC expects 2H15 revenue to be good on the back of the baht devaluation and large orders from abroad. It plans to focus on motor compressors as these provide a high margin. Its strategies are product quality improvement and cost control. (Thun Hoon, 08/09/15)

MINT
MINT expects earnings to reach new high this year backed by growth in every business and seasonality. It expects revenue to grow 12-14% after it has implemented its five year plan. It expects to complete the acquisition of 14 Tivoli hotels this year. (ASTV, 08/09/15)

PACE
Foreign investors want to become business partners on the expectation that PACE will turn its performance around in 2016. It plans to launch property projects valued at Bt5bn. It has budgeted Bt2bn to acquire land for project development. It plans to acquire two food businesses abroad. (Thun Hoon, 08/09/15)

PTT
PTT expects net profit to increase by Bt1bn after EPPO decided to raise NGV price by Bt0.5/liter to Bt13.5/kg, effective today. (Khao Hoon, 08/09/15)

RML
RML is talking to prospective partners in Singapore, Japan and Europe and expects these talks to reach fruition this year. It expects transfers of Bt5.5-6bn this year. (Thun Hoon, 08/09/15)
Comment: I’m starting to have doubts over the capability of the new CEO here.

SAMCO
SAMCO expects 3Q15 earnings to be better. It expects S9 transfers of Bt1.1bn after achieving 70% in presales. It expects 2015 sales of Bt1.8bn. (Khao Hoon, 08/09/15)

SENA
SENA is talking to a prospective partner. It expects the talks to be concluded this month. It expects a 46.5MW solar farm in which it has invested with B.Grimm to operate this year, contributing revenue of Bt100mn. It targets 2015 revenue of Bt2.5bn with Bt4.5bn of presales. (Khao Hoon, 08/09/15)
Comment: And yet somehow this stock has not pulled a typical solar stock related move.

SPA
SPA has sold s spa franchise of “Let’s relax” in China to Kunming Tailai Spa Management Co., Ltd. It expects the first branch to open by 4Q15. (Khao Hoon, 08/09/15)

SUPER
SUPER expects to show net profit in 4Q15 after startup of its solar farm. It expects 2016 net profit of Bt900mn aided by an entire year of revenue from the sale of 500MW electricity. It expects to eliminate retained losses and do dividend payment. It plans to bid government solar roof project. It targets capacity of 2,000MW in 2017 with Bt10bn of revenue. (Thun Hoon, 08/09/15)