BKD
BKD expects 3Q15 revenue to be higher than 2Q15. It expects to be awarded projects valued at Bt1.3bn in 4Q15. It expects 2015 revenue of Bt1.3bn as Bt2.5bn in backlog is expected to be booked. It targets 20% revenue growth next year. It plans to launch a property project in 2Q16. (Khao Hoon, 26/08/15)

BECL/BMCL
BECL expects the merger of BECL and BMCL to be finished by October with the new company trading in November. It expects to book a Bt1bn extra gain from BMCL in 3Q15. It expects Sri-Rat highway to open in July 2016. (Khao Hoon, 26/08/15)
Comment: The question still stands whether or not the company will be considered to be more valuable when the two entities combine, financial theory says no, thai investors may say otherwise.

CPR
CPR expects 2015 net profit of Bt50mn after it has reaching Bt27mn in 1H15. It expects 2015 revenue of Bt500mn backed by a broader customer base. It plans to add more farming machinery in 2017. (Thun Hoon, 26/08/15)

CSS
CSS has opened a new warehouse and office as management expects the telecom business to continue to trend up. It expects 2015 revenue of Bt4.8-5bn. (Thun Hoon, 26/08/15)

FPI
FPI expects 2015 revenue to achieve 20% target growth on the back of lower material cost and baht depreciation. It expects net margin of 13% this year. It is talking with ECF to invest in a 120MW biomass power plant, which is expected to be finalized in December. (Khao Hoon, 26/08/15)

IRPC
IRPC expects UHV projects to be done in 4Q15. It expects this to increase GIM by US$2. (Khao Hoon, 26/08/15)
Comment: This company is, and will continue to be, one of the dogs of the index, it has not gone anywhere in the past decade.

KBANK
KBANK expects better SME loan growth in 2H15 on the back of government grass-root stimulus measures. It expects 6% growth in SME loans with controlled NPLs. (Thun Hoon, 26/08/15)

KCM
KCM is talking to a prospective partner in Laos, expecting this to be finalized this year. It targets 10% net profit growth in the year, achieving Bt17mn in 1H15. (Thun Hoon, 26/08/15)

MATCH
MATCH has budgeted Bt1.18bn to upgrade New Home integrated studio. It expects this to attract international film producers as they respond to the government’s planned 30% cut in taxes. (Thun Hoon, 26/08/15)

MCS
MCS expects 2015 revenue to mark a record high with 2X growth in revenue backed by large orders and the baht depreciation. It expects to transfer 21,000-25,000 tons from 45,000 tons. It expects no impact from the fire at the Nippon Steel warehouse in Japan. (Thun Hoon, 26/08/15)
Comment: MCS business has rebounded strongly when the Japanese begun ordering steel yet again. We do wonder aloud, will they acquire a company in Japan or expand capacity in Thailand?

ML
ML expects stable loan growth despite the economic slowdown. It expects the economy to improve after the cabinet reshuffle. Management targets 10% revenue growth this year backed by nano-finance. (Thun Hoon, 26/08/15)

NWR
NWR’s backlog has reached a high record of Bt14bn. It expects to get 10-15% of the Bt20bn in projects up for bid. It plans to launch a new condominium. It is considering investing in a power plant in Myanmar. (Thun Hoon, 26/08/15)

PPS
PPS expects 2015 revenue to drop 20% because of the sluggish economy. It expects public investment to be put up for bid in 2H15. Its backlog is Bt250mn. (Khao Hoon, 26/08/15)

PTG
PTG expects 2015 revenue to be good benefitting from a 25% rise in sales. It targets 1,200 gas stations this year with a budget of Bt2.4bn. It expects its power investment plan to be concluded by September. It Plans to list 3-4 subsidiaries in 2018-2019. (Khao Hoon, 26/08/15)
Comment: Off the top of my head they could list the power holding, the mini market holding, but not sure what else.

PTT
PTT sets rejig as price drop hits oil supplies – PTT Plc, the national oil and gas conglomerate, is adjusting its business operations as it seeks to gain more revenue and prevent inventory losses after global oil prices hit another long-time low, senior officials said yesterday. (Bangkok Post, 26/8/15)

PTTGC
PTTGC plans stock repurchase of about 90mn shares or Bt4.5bn between September 8, 2015 and March 7, 2016. (Post Today, 26/08/15)
Comment: Boom and that made the stock price recover incredibly quickly

RML
RML is talking to foreign partner to invest in a new project in CBD. It has budgeted Bt3bn to acquire land for a Bt2.7-3bn in condo. It targets 2015 revenue of Bt3bn. (Thun Hoon, 26/08/15)
Comment: It appears they are becoming a far more conservative player with their balance sheet versus the Raimon Land of old.

SMT
SMT expects to show a net profit in 3Q15 from 2Q15’s net loss of Bt12.75mn thanks to numerous orders and the baht depreciation. Management is confident 2015 revenue will achieve target of 10% growth. It plans to eliminate retained losses and pay a dividend soon. (Thun Hoon, 26/08/15)

SPA
SPA expects revenue and net profit to mark a record high this year. It has budgeted Bt150mn to add more branches, including via acquisition. It targets 21 branches this year. (Khao Hoon, 26/08/15)
Comment: Will the acquisition drive spur SPA’s earnings to the lofty heights that the market values it at?

TGPRO
TGPRO says Japanese company is interested in investing in a 30MW solar farm in Japan. It plans to focus on local and border areas in 2H15 to get in on high demand from AEC. It expects 2016 revenue to be good aided by public projects. (Khao Hoon, 26/08/15)

TPOLY
TPOLY expects performance to turn around in 2H15 backed by Bt915mn Atara Hotel construction. Its backlog (excluding TPCH’s power plant project) is Bt5-6bn, of which Bt2bn is expected to be booked this year. (Khao Hoon, 26/08/15)
Comment: Hopefully their balance sheet will look cleaner too, d/e is 10x, granted it only needs 1 or 2 quarters of earnings to drop this ratio considerably

TRT
TRT revised down 2015 revenue target from Bt2.7bn to Bt2.3bn. It expects to bid for Bt9.1bn in jobs and expects to get a project at Hongsa power plant. (Khao Hoon, 26/08/15)

TRUE
Management says it is ready for 4G auction of 1800MHz and 900MHz spectrum. It expects NBTC to hold an auction in November. (Naew Na, 26/08/15)

TVD
TVD expects to show a net profit this year after it restructuring its organization. It expects 2015 revenue of Bt2.88bn. (Khao Hoon, 26/08/15)