ASIMAR
ASIMAR plans to do takeover and M&As abroad to provide growth. It plans to take part in domestic bids, especially steel structure for Suvarnabhumi phase 2, valued at Bt400mn, after it getting the first phase of this project. It will also take part in the roof structure for the MRT Green Line worth Bt100mn. It expects to get Bt1bn in ship building orders. It expects robust earnings in 1Q17 leading to a turnaround performance this year. (Thun Hoon, 03/05/17)

 

BANPU
BANPU expects 1Q17 earnings to return to the black at Bt2.11bn after a net loss of Bt185mn in 1Q16, its best performance since 2012. Behind this is higher selling price. It expects its power business to grow its performance in 2Q17. (Thun Hoon, 03/05/17)
Comment: With coal prices resuming its downtrend I doubt that the 1H17 or FY17 for that matter will look any good.

 

BGT
BGT welcomes both local and foreign institutional investors. It targets 2017 sales to grow 10% from last year’s Bt846.55mn. It plans to expand to CLMV and targets revenue of Bt11mn from Myanmar this year. It also plans to expand more in Vietnam. (Thun Hoon, 03/05/17)
Comment: There must’ve been a turnaround in performance or a new marketing plan because for the first time in years their numbers are performing again.

 

BR
Bird flu in other countries leads to good orders for BR. It expects sales to grow 10%. It is looking for a prospective partner in Vietnam. It also plans to expand abroad. (Thun Hoon, 03/05/17)

 

EARTH
EARTH’s shareholders approved a dividend of Bt0.1/share, after paying an earlier interim dividend of Bt0.05/share. Bring total 2016 dividend to Bt0.15/share. PD is May 19. It plans to issue a 10-year debenture in an amount not exceeding Bt15bn to provide greater liquidity. It targets 2017 revenue to reach Bt30bn on a higher coal price and orders from China via its subsidiary. (Thun Hoon, 03/05/17)
Comment: Still a rather strange company.

ETE
ETE expects 1Q17 performance to be good. It targets 2017 revenue growth of 30% supported by Bt1.37bn backlog and upcoming projects. It plans to take part in government and cooperative unit solar farm phase2, in which it expects to get 55MW. (Kao Hoon, 03/05/17)

 

JMART
JMART expects 2Q17 performance to grow 30%QoQ. It plans to cooperate with Phoenix Insurance to offer a lifetime guarantee. It targets 2017 revenue to reach Bt13.5bn. (Thun Hoon, 03/05/17)
Comment: It’s been a rather incredible turnaround in performance for this group.

 

SCN
SCN is partnering with Sojitz to offer integrated natural gas equipment. It plans to supply CNG Type IV cylinders to Indonesia and Vietnam. (Kao Hoon, 03/05/17)

 

SE
SE expects to get a service project of Bt10mn. It plans to set up an engineering service center soon. It expects new business to contribute revenue of Bt40mn. It targets 2017 revenue to grow 10% with growth in all business units. (Thun Hoon, 03/05/17)

 

SINGER
SINGER plans to focus on “cash for car” with a lower interest rate to attract more customers. It expects 2017 loans to reach Bt1.5bn. It plans to list SG Capital next year. It expects its loan portfolio to reach Bt5bn in 2017. It plans to improve its payment system to lower NPLs to 7% from 20.41%. (Thun Hoon, 03/05/17)
Comment: Competition for SAWAD? You can see that the issue for SINGEr has been its NPL’s which are ridiculously high yet again. Perhaps its time for the French CEO to return again and get the business back in order like he did on 2 occasions in the past

 

TAE
TAE expects 1H17 performance to be good on seasonally high orders. It targets 2017 revenue to grow 10% fostered by more clients and higher selling price. It is budgeting Bt100mn to renovate machinery to support its LT growth. (Thun Hoon, 03/05/17)

 

UREKA
UREKA got a Bt23.7mn project from Pra Nangklao Hospital which increases its backlog to Bt230mn. It expects 2017 revenue of Bt420mn. (Kao Hoon, 03/05/17)

 

VIBHA
VIBHA expects 2017 performance to hit its target growth of 10%, backed by expansion via acquisition and more patient visits. It plans to open three specialization centers. (Thun Hoon, 03/05/17
Comment: Acquisition? They are doing some rather odd things with their existing holdings. The only problem we have with this hospital is figuring out if they want to be a hospital investment company or a hospital operator.