AUCT

AUCT expects used car tent market to be good. It expects 20% growth in used cars to be put up for auction after the new tax structure has raised selling prices. It expects to be win the auction management contract for the public sector after its successful 4G spectrum auction. It expects 2016 revenue to grow 10%. It plans to add property to its auctions. (Thun Hoon, 28/01/16)

BAY

BAY acquired HKL, top micro finance company in Cambodia for Bt16bn. It expects this to support its expansion in CLMV, focusing on personal loans and microfinance. (Thun Hoon, 28/01/16)

CCET

Taiwanese investors are interested in investing in CCET, planning to increase its capacity. They expect CCET to be their #1 supplier. It plans to focus on high margin products. It expects 2015 net profit to mark a record high backed by seasonality and the baht depreciation in 4Q15 earnings. (Thun Hoon, 28/01/16)

CSS

CSS expects 1Q16 earnings to be good despite no new projects. It expects to recognize income from Bt400-500mn in backlog. It expects 2Q16 to bring in projects from TRUE and ADVANC. It is interested in investing in alternative energy to diversify risk and increase revenue. (Thun Hoon, 28/01/16)

EA

EA expects 2016 earnings to grow 74.8% mainly driven by 126MW solar and wind power plants which will have run for a full year. (Thun Hoon, 28/01/16)

GENCO

GENCO is budgeting Bt100mn to invest in environmental management and development. It plans to invest in 2-3 PDF power plants by 2019. It expects this to contribute Bt100mn in the first year. It targets 2016 revenue of Bt1bn. It is considering investing in waste power plants, with a decision by 2018. (Thun Hoon, 28/01/16)

GLOBAL

GLOBAL is confident in 2016 revenue growth of 10-15% aided by the addition of 7-8 stores. It expects this to cost Bt2.5-3bn. It expects to increase exports by expanding to Myanmar and Cambodia. It expects 2015 performance to be good. (Thun Hoon, 28/01/16)

POLAR

POLAR and Harrods Estates agreed to co-manage The Sherwood London, valued at Bt7bn. It expects this project to complete in 2017. (Thun Hoon, 28/01/16)

SAMCO

SAMCO expects 2016 revenue of Bt1.8bn backed by transfers and rental business. It plans to launch Bt2bn in new projects that will increase backlog from Bt500mn. (Thun Hoon, 28/01/16)

SMT

SMT expects net profit to return to the black this year after being in the red for the past two years. It is budgeting Bt200mn to acquire machines for new products and increase its production efficiency for existing products. (Khao Hoon, 28/01/16)

SYNTEC

SYNTEC expects 4Q15 earnings to reach a new high of Bt146mn (14% growth), bringing 2015 net profit to Bt465mn. It expects to sign a contract for a Bt600mn Nikki hotel by 1Q16. It is taking part in bids amounting to Bt1.02bn. (Khao Hoon, 28/01/16)

TCMC

TCMC expects 4Q15 earnings to reach a new high on the back of seasonality. It expects 2016 net profit to double from a full year of recognition of income from Alston’s Furniture Group Limited. It plans to expand via takeover. Foreign investors are interested in buying its shares via PP. It targets to achieve Bt10bn revenue within three years. (Thun Hoon, 28/01/16)

UAC

UAC, QTC, and AGE plan to associate to expand abroad with its total assets of Bt8bn. It plans to increase production lines with an IRR of 15%. (Thun Hoon, 28/01/16)

VGI

VGI reported 3QFY16 net profit of Bt232mn (-22.9%) because of lower revenue and higher expense. This brought 9MFY16 net profit to Bt730mn. Its board has approved a Bt0.05 interim dividend per share, XD on Feb 8. (Khao Hoon, 28/01/16)