BCH – WMC opening soon — BCH will open its high-end World Medical Centre (WMC) in Chaeng Wattana. The hospital is expected to attract higher premium and international patients. Phase 1 will consist of 150 hospital beds before its grand opening of 324 beds. BCH expects revenues to grow by 25% this year, as it plans to also open four small hospitals and clinics. (Khao Hoon, 25/01/13)

Comment: Another hospital play, we’ve been waiting to see how WMC will perform, its been delayed for a while now, but looking at the location it has in CW, with no other “quality” private hospitals nearby, it could very well be a winner

CK – Green Line contracts okayed — The board of the MRTA approved two Green Line contracts (Bearing – Samutprakarn), awarded to CK, after it reduced project price to Bt2.4bn from Bt2.46bn. The board is confident that the contract will be signed in February. (Khao Hoon, 25/01/13)

CPN – Big Chinese New Year campaign — CPN and its partners will invest Bt50mn into “The Great Chinese New Year 2013” campaign that will be held on Feb 7-Mar 10. The campaign is expected to help boost sales over the Chinese New Year festival by 15-20%. (Khao Hoon, 25/01/13)

Comment: Used to love this stock, but way too expensive for our tastes

PTTEP – PTTEP has rosy capital view — PTT Exploration and Production’s capital increase of over Bt92bn last month helped strengthen the firm’s capital structure and support the company’s expansion plans over the next several years, says Tevin Vongvanich, the company’s president and chief executive. Debt-to-equity for the company has dropped to 0.35x from 0.7x following the capital increase. Mr. Tevin said the additional capital would give the company flexibility to raise up to US$1.5bn in new debt to support business growth. Production this year is projected at 310,000 barrels of oil-equivalent (BOE) per day, up from 276,000 BOE in 2012, with the gains attributed to the beginning of operation for the Montara project in the first quarter. (Bangkok Post, 25/01/13)

SIRI – Announces plans for 2013 — SIRI aims to launch 24 new projects worth Bt35.4bn and targets Bt30bn in sales to increase its revenues to more than Bt18bn this year. It expects to launch 16 projects, with a total value of Bt24.7bn in the first quarter and expects sales up to Bt20bn. (Khao Hoon, 25/01/13)

Comment: Said enough times, its the Presidents game to reduce his costs and improve his net profit margins into being in line with the industry, he’s constantly bought shares since THB 1.5/share under his name showing his intent

BGH –  Taking stake in KDH via subsidiary — BGH announced to the SET that subsidiary, Royal Bangkok Healthcare PCL, will acquire 3.74mn common shares or 24.94% of Krungdhon Hospital (KDH) from KDH’s existing shareholders at the price of Bt55.00/share. The transaction is expected to occur via big lot trade on 31 January. This transaction will make BGH the major shareholder in KDH with 44.96%, triggering the required tender offer for remaining KDH shares at Bt55.00 each. (SET, 25/01/2013)

Comment: As I commented earlier this week, the way this hospital beast is setting up its businesses all over the region and of course in Thailand, combined with the possibility that they can sell hospitals to reit’s in 2014 provides a clear investment case.