BCP

Bangchak’s solar sprint – The mostly state-owned oil refiner Bangchak Petroleum Plc says its third phase solar project in the Northeast is ready to feed power to the national grid one month ahead of schedule, signaling higher future revenue than expected. (Bangkok Post, 26/03/14)

Comment: The only sunny thing in the entire energy sector

CPN

CPN keeps income growth goal at 15% – Central Pattana (CPN), Thailand’s largest shopping mall developer, is maintaining a 15% revenue growth target this year, banking on the launches of two stores and rent rises amid the faltering economy. The company will commercially open Central Festival Samui on Friday and Central Plaza Salaya in the third quarter, said Wallaya Chirathivat, senior executive vice president. (Bangkok Post, 26/03/14)

DSGT

DSGT aiming at double-digit growth in 2014 from the launch of a new product. It is preparing to invest Bt800mn in expanding capacity and will look to markets on overseas. (Khao Hoon, 26/03/14)

Comment: #1 in adult diapers, #3 in baby diapers, stop giggling, this company has been on a roll for the past 8 years

OFM

OFM targets 2014 revenue growth of 12-13%. It expects profits to surge supported by the expansion of seven new Officemate branches and 12 B2S stores. It will also invest Bt530-550mn to open a new on-line warehouse in Bang Na in August. (Khao Hoon, 26/03/14)

Comment: The Amazon of SE Asia?

SPALI

SPALI 25th anniversary: It plans to be a leader in innovation and value added products. It will launch 26 new projects worth Bt32bn, including condominium and houses. (Khao Hoon, 26/03/14)

TMB

TMB decreases loan growth target to 8% YoY from 10% YoY, expecting Thailand’s GDP growth at less than 3% YoY. Its current NPLs are at 3.8% and expects no more than 3.5% in 2014. It says the restructure of client debts do not impact the bank’s financial statements. (Khao Hoon, 26/03/14)

TRC

TRC has potential to obtain 2 projects worth Bt8.5mn in 2Q14, which would lift backlog to Bt9bn in 2014. It expects to obtain 50% of the new projects it is bidding for worth Bt20-30bn. It aims at revenue of Bt5bn in 2014. (Khao Hoon, 26/03/14)

Comment: If the projects are from PTT Group then it’s a high likelihood that it would be awarded to them

TRUEIF

More units on sale — SCBAM plans to sell more of TRUEIF units in second to third quarters of this year. The fund will use the proceeds to acquire fiber-optic cable grids and telecommunication towers from BFKT worth Bt2.9bn. (Khao Hoon, 26/02/14)

Comment: The question is whether or not DTAC will use some of the towers in this TRUEIF