BEAUTY
BEAUTY targets 2016 revenue of Bt2.1bn, up 20% on the back of opening new branches at home and abroad, launching new products, and a focus on the online market. It expects 2015 revenue to be above Bt1.7bn. (Khao Hoon, 01/02/16)
Comment: And they still keep growing and growing! *continue to smack head against the wall*

BCP
BCP has budgeted bt10bn to invest in power businesses which it expects will support its growth. It expects to complete a deal by next week. (Khao Hoon, 01/02/16)

CBG
CBG revised down its marketing budget from Bt500mn to Bt300-400mn because consumer purchasing power has not recovered. It plans to waiting for government stimulus measures, hoping this will inject money into the economy, especially grass roots. (Post Today, 01/02/16)
Comment: We do wonder aloud…will their multi brand multi product approach work? I have yet to see an independent Thai consumer company be very successful at this

IEC
IEC signed contract with 8 clients to sell thermoplastics valued at Bt130mn. It plans to increase its capacity by 2Q16. It is confident its shareholders will okay a capital increase. It expects funding of Bt498mn. (Khao Hoon, 01/02/16)
Comment: Urgh…this company…watch the volume traded, the moment it begins to pick up, then just join the punters..

FIRE
FIRE expects to sign a contract with A partner in Cambodia in February. It expects to take a 60% stake. It got Bt10mn orders which are expected to be booked in 1Q16. It expects 2016 earnings to be good and bring better profit this year. It plans to acquire a business. (Thun Hoon, 01/02/16)

J
J targets 2016 revenue of Bt650mn (30% growth). It expects revenue to hit Bt1.1bn by 2018 backed by rental revenue from community mall. It plans to launch The Jas Srinagarind by at the end of 2016. It plans to increase its revenue by managing lease area and developing residential. (Thun Hoon, 01/02/16)
Comment: And don’t be surprised to hear about a REIT in the coming years…

JMART
JMART targets 2016 revenue of Bt13.3bn (30% growth). It has budgeted capex of Bt4bn. It is budgeting Bt100mn to acquire a company. It plans to list JMT PLUS within three years. (Khao Hoon, 01/02/16)

NUSA
NUSA’s backlog is Bt5-7bn which will contribute revenue continuously. It plans to announce its 2016 business plan by March. It expects WEH investment to generate return next year. (Khao Hoon, 01/02/16)

Comment: I’m hoping that WEH will be sooner.

PREB
PREB plans to take part in Bt4bn bids. It expects to get 50%. It expects this to fill its backlog from Bt7bn. It targets 2016 revenue of Bt6.3bn backed by transfers and property business. It plans to list its subsidiary, “Build Land”. (Thun Hoon, 01/02/16)

RML
RML is budgeting Bt394.69mn to take 100% in RML CC5. It expects this to increase its rental revenue from City Center 5. It plans to ask approval from shareholders soon. It expects this transaction will be completed by 2Q16. (Thun Hoon, 01/02/16)
Comment: This is a rather cheeky way of taking a personal asset, selling it to a public co (of which one owns 25%) and pocketing a profit…this singaporean shareholder is well known for such transactions..such a shame for Raimon Land…

SAMART
SAMART expects revenue to reach Bt24bn in 2016 driven by economic recovery and a good performance by its affiliates. It is budgeting Bt20bn for business expansion. (Khao Hoon, 01/02/16)
Comment: The key driver will be SAMTEL…

TFD
TFD will sell The Harbour View Residence to a partner in Taiwan for Bt1.66bn. It expects this to contribute extra gain that will turn 2016 performance around. (Thun Hoon, 01/02/16)