BCH
BCH expects double digit growth in this year. It plans to expand its customer base, focusing especially on SSO and foreign clients. It expects 2016 net profit to be good as WMC breaks even in 2H16. (Thun Hoon, 03/02/16)
Comment: I think I’ve been reading about this WMC breaking even for the past….4-5 years now?

ESSO
ESSO plans to invest in high return businesses to wipe out retained losses of Bt8.35bn. It targets oil retail sales to grow 9% because of high demand as oil prices fall. It plans to launch Diesel Plus and gasohol E20 in order to raise margin. (Thun Hoon, 03/02/16)
Comment: If you look at what just happened to Shell Malaysia, it makes one a bit worried about touching any oil related names @ the moment (Shell HQ sold their 51% stake in the m’asia listed co @ a 65% discount to mkt price..)

GC
GC is talking to a prospective local partner to launch new products. It expects a decision to be made soon. It targets 2016 revenue growth of 5%, supported by large numbers of orders and a weaker baht. (Thun Hoon, 03/02/16)

JASIF
JASIF will pay 4Q15 dividend of Bt0.22/share, PD on March 2. This brings 2015 dividend to Bt0.74/share or 8.31% dividend yield. (Khao Hoon, 03/02/16)
Comment: JAS is looking forward to receiving some $

JWD
JWD plans to set up Bt2-3bn REIT by 2Q16-3Q16. It expects to use the cash to expand its business at home and abroad. It targets 2016 revenue growth of not less than 10% with net margin of 14%. (Khao Hoon, 03/02/16)

MILL
MILL’s board approved associating with Kobe steel to support large orders generated by high demand. It targets special grade steel to comprise of 52% within 2018, increasing margin to 16%. It targets 2016 revenue to be above Bt20bn. It expects to conclude solar farm investment by 1Q16. (Thun Hoon, 03/02/16)

MINT
MINT has budgeted Bt3bn to acquire assets in Portugal through subsidiary “Minor Continental Portugal S.A. (Thun Hoon, 03/02/16)
Comment: This means…nearly 1/2 of their EBITDA will come from overseas.

MK
MK targets revenue to achieve Bt10bn in 2020 by rebalance its property and HP portfolio. It plans to launch five low-rise projects, valued at Bt3.2bn in 2016. It expects this to raise its 2016 revenue to Bt4.1bn. (Khao Hoon, 03/02/16)

PTG
PTG expects 2016 revenue and net profit to be better than last year on the back of 1,600 gas stations and high demand from lower oil price. It has budgeted Bt3bn for oil and gas station expansion. It expects Palm Complex to contribute revenue in mid-2017. (Khao Hoon, 03/02/16)
Comment: I love the way management has executed their strategy and am very curious to see how they proceed over the coming 5 years.

SANKO
SANKO plans to wipe out Bt20.37mn retained losses this year. It targets revenue to grow 5% from last year’s Bt450mn. It is talking to two European customers. It expects gross margin of 16-17% backed by cost control. (Thun Hoon, 03/02/16)

SYNEX
SYNEX expects 2016 performance to mark a record high supported by 4G. It plans to expand abroad, focus on Indo China. It expects to benefit from government measures. It expects to make a decision with a prospective partner in Cambodia soon. (Thun Hoon, 03/02/16)
Comment: It’s been a decent turnaround by the company.

TU
TU acquired a 51% equity stake in Rügen Fisch AG. The new investment will contribute to TU’s consolidated financial statements from February 2016. (Thun Hoon, 03/02/16)

TWZ
TWZ expects to benefit from becoming a supplier in campaign “AIS Jud Hai”, which is aimed at switching 2G handsets to 3G. It expects revenue to be good on the back of 500,000 handsets. (Thun Hoon, 03/02/16)
Comment: So does that mean SIM won’t get this deal?