BIZ

BIZ targets 2018 revenue to grow by 10% from this year. It plans to bid for new projects, worth Bt800mn to Bt1bn, of which it expects to receive 50%. It reports backlog of Bt1.35bn and plans to open a new hospital specializing in cancer treatment within 2019, which it believes will raise earnings significantly. (Thun Hoon, 12/12/17)

CHEWA

CHEWA targets 2018 revenue of Bt2.4bn, growing 20% from 2017 projected revenue of Bt2bn as it is going to book the transfer of three condominiums in 1H18. It plans to launch six new projects worth Bt4bn. (Khao Hoon, 12/12/17)

EPG

EPG expects 4Q17 earnings will make a new high on growth in its packaging, automobile and construction businesses. It expects FY2017 revenue will reach Bt10bn. It is going to proceed with an M&A deal with an eye to supporting long-term business growth; it expects to finalize the deal next year. It also benefits from the U.S tax reform. (Thun Hoon, 12/12/17)

GOLD

GOLD targets 2018 revenue to grow by 25-30% from this year. It plans to launch at least 14 projects worth more than Bt14.425bn and has budgeted Bt10-15bn to buy land for development in 2019. (Khao Hoon, 12/12/17)

GULF

GULF reports all is well at its 5000MW IPP power plant, which is on plan. It expects to start up two power plants by 2024 and says it is certain of EIA and BOI approval. It plans to increase capacity to 11,125MW by 2024. (Khao Hoon, 12/12/17)

HUMAN

HUMAN surges 101.25% on first trading day, closing at Bt8.05 with volume of Bt2.733bn. It says investors believe its business has potential to grow well with recurring revenue of 80%. It expects 2017 revenue will grow by 20-30% and targets 2018 earnings and revenue to grow by 2530%. (Khao Hoon, 1 2/12/17)

KTB

KTB requests DSI to examine EARTH’s bill of lading on coal imported from Indonesia for authenticity; this was used to back its loans. KTB’s executives are continuing to investigate EARTH after it defaulted on its B/E. EARTH’s special auditor reports that the company’s executives said some Bt15.05bn in advance payments and contracts to reserve the rights to purchase products have been cancelled and lost. (Khao Hoon, 12/12/17)

MCS

MCS believes 2017 results will be outstanding. It reports solid backlog and orders of 20,000 tons that will be delivered to clients. It believes order volume of S Grade product to Japan will reach 40,000 tons at the end of this year. (Thun Hoon, 12/12/17)

SPPT

SPPT’s board approved the purchase of 51% in Tera for Bt175.44mn in order to expand to IT system installment and the service provider business. It plans to raise market share and to enter joint ventures with one to two IT businesses, which it expects to finalize at the beginning of 2018. (Kha o Hoon, 12/12/17)