CK

Good 1Q14 — CK says 1Q14 revenue was good, supported by backlog of Bt110bn. It reaffirms that revenue will surpass Bt30bn this year. It expects to sign for additional work worth Bt22bn. CK’s shareholders have also given the green light for an increase in the debenture amount that CK can issue by Bt8bn from Bt17bn. (Khao Hoon, 30/04/14)

Comment: He’s also just come out in the news saying that there could be a 70% drop in total project value available in the market from THB 700 bn to THB 200 bn

CPN

CPN plans B6bn lifestyle mall – Despite the shaky political climate, Central Pattana Plc (CPN), the SET-listed property and retail developer under the Central Group of Companies, has announced plans to continue its investments this year, with its latest shopping complex to be developed at a cost of Bt6bn. The low-rise CentralFestival East Ville, the first lifestyle outdoor mall of the group, will begin construction on a 51-rai plot of Praditmanutham Road in the next two to three months and finish in November next year. (Bangkok Post, 30/04/14)

DEMCO

DEMCO plans further expansion into overseas markets, especially Laos and Myanmar to get in on the good growth potential in both countries. It expects to new jobs of Bt4.5-5.5bn and is pushing to finish more of its current Bt3.5bn backlog. DEMCO’s shareholders approved a dividend of Bt0.10/share. (Khao Hoon, 30/04/14)

Comment: The real value here is in its holding in WEH (Wind Energy Holding)

HEMRAJ

Hemaraj sets 1,600-rai target for 2014 land sales – SET-listed Hemaraj Land and Development Plc aims for industrial land sales of 1,600 rai this year despite delays in investment privilege approvals. President and chief executive David Nardone said Hemaraj remains confident in Thailand’s attractiveness as an industrial base for regional and multinational companies. (Bangkok Post, 30/04/14)

Comment: This combined with its power projects that are up and running (i.e. the one with glow) and another 7 SPP projects is what separates HEMRAJ from the rest

MATCH

Matching plans film studio complex – Matching Maximize Solution Plc (MATCH), a SET-listed supplier of studio and production equipment, has announced plans for a Bt700mn studio complex to cash in on opportunities arising from the emergence of digital TV and the ASEAN Economic Community. (Bangkok Post, 30/04/14)

PM

Paying dividend with yield over 5%, XD May 2. Management said it plans to expand ahead of AEC and this year’s revenues should increase by 10%. (Tun Hoon, 30/04/14)

SENA

SENA to pay dividend with yield more than 5%; XD on May 2. SENA plans to diversify its business in 2014 and has eight new projects worth Bt5bn on hand, including a solar roof project to help support revenues in the long term.  (Tun Hoon, 30/04/14)

THCOM

THCOM to launch Thaicom 8 in 2H16, with construction to be completed by 1Q16. The investment for the project amounts to Bt5.791bn. The project is to help support broadband growth covering Thailand, South Asia and Africa. (Khao Hoon, 30/04/14)