BGT
BGT targets gross margin of 40% backed by implementing cost control and introducing new products. 2Q15 profit is expected to be good. It expects 10% revenue growth this year. It plans to expand abroad. (Thun Hoon, 29/06/15)
Comment: I’ve always thought they knew how to run a good retail business, but the numbers haven’t been any good for the past few years

BRR
TRIS Rating has assigned company rating at “BBB-“ with stable outlook. This rating reflects the company’s strong fundamentals, protected revenue sharing, and its expansion to the power business. (Khao Hoon, 29/06/15)

CPALL
CPALL has issued a Bt1.3bn debenture for debt repayment. It plans to open 600 outlets each year, focusing on ready to eat foods, expected to support 10-15% sales growth. (Thun Hoon, 29/06/15)
Comment: The only thing that matters for CPALL within the next 12 months is 1) When will they sell shares in MAKRO 2) How much of these share sale will go to paying down the debt 3) Then CPALL’s stock price can continue its rise.

CSS
CSS expects growth in 2H15 backed by a robust in telecommunications sector. It expects 2015 revenue to increase to Bt5bn supported by investment in 3G-4G network. 2016 revenue is expected to be good aided by alternative energy business. (Khao Hoon, 29/06/15)

DEMCO
DEMCO says Wind Energy already has PPA for four projects, 360MW total capacity. It believes it has more opportunity to get more jobs. (Khao Hoon, 29/06/15)\
Comment: And voila with WEH solved, DEMCO can rock again.

ECF
ECF plans to sign contract for Japanese franchises in July. It expects 2016 revenue to well, backed by booking revenue from Disney furniture, retail shop and energy. 2Q15 profit is expected to be good supported by the baht depreciation and economic recovery. (Thun Hoon, 29/06/15)

ESTAR
Korean investors interested in buying 600 rai from ESTAR valued at Bt434mn. It plans to invest Bt1.2bn which is expected to increase revenue. Management says local institutions are interested in ESTAR after it wiped out retained losses and expects to pay a dividend. (Thun Hoon, 29/06/15)

JMT
2Q15 earnings are expected to grow on debt collection. It plans to buy Bt20bn more debt in 2H15. It targets total portfolio of Bt90bn this year. (Thun Hoon, 29/06/15)
Comment: Truly a wonderful company, but in order to keep its growth rates they’ll have to continually raise capital to do so.

LOXLEY
LOXLEY is ready to bid in the second half of the year. It expects to bid for rail projects and the airport link project in 3Q15; these are expected to provide 15-20% revenue growth this year as targeted. (Thun Hoon, 29/06/15)

OCC
OCC revised up sales this year supported by focusing on the online market, increasing exports to Japan and more distributors in Laos, Myanmar and Vietnam. (Thun Hoon, 29/06/15)

POLAR
POLAR targets revenue of Bt300mn this year backed by two project transfers. It expects to open a Bt7bn condominium in London in 4Q15. It plans to introduce two projects worth Bt2.15bn next year. (Khao Hoon, 29/06/15)

PYLON
PYLON reported it got two projects valued at Bt140.9mn. Management expects 10-15% revenue growth this year. PYLON stock is expected to be traded on the SET in 3Q15. (Thun Hoon, 29/06/15)

SAMART
SAMART announced it has closed subsidiary “Tedacons” and believes there is no impact from this transaction. (Khao Hoon, 29/06/15)

TOP
TOP expects 91% growth in 2Q15 net profit to Bt4bn backed by a stable refinery margin of US$7 and recovery of the aromatics sector. It expects a net profit of Bt9bn this year. (Khao Hoon, 29/06/15)

TSR
TSR board approved investing in Feeder Thai by buying its shares. It believes this investment will help make it a leader in the water filter business. It expects a surge in revenue in 3Q15, benefitting from higher capacity. 2Q15 revenue is expected to double, aided by launching new products. (Thun Hoon, 29/06/15)

UNIQ
UNIQ expects 2Q15 revenue of Bt11.8mn (46% growth) and net profit of Bt767mn (53% growth). It expects to get 15% of the Bt143bn government projects in the second half of the year. (Khao Hoon, 29/06/15)

UTP
UTP has budgeted Bt1.4bn to invest in a power plant which is expected to contribute revenue in 2017 with 10% growth. It plans to expand abroad. It expects 2015 revenue of Bt2bn backed by numerous orders. (Thun Hoon, 29/06/15)