CPF

CPF finds a way to use used vegetable oil to produce Biodiesel B100 in its Saraburi plant. This will help lower its dependence on diesel imports by 1 million liters per year and lower energy costs plus help break the cycle of repeat use frying oil that can cause harm to consumers. (Khao Hoon, 12/03/14)

Comment: Well I suppose this should help to lower its COGS

DRT

DRT expects revenues growth of 10% this year and in the worst cast 5% if politics continues to drag consumer spending. It also plans to expand more into foreign markets in the future. (Khao Hoon, 12/03/14)

Comment: They’ve recently expanded capacity and are having trouble increasing utilisation, DRT was once a small company growing steadily, now it has to compete with SCG…

JMART

JMART expects 1Q14 revenue growth of 10-15% YoY. However, it will revise down this year’s revenue target by no less than 35% to include the political impact. It also has changed and now plans to list subsidiary JAS on the SET instead of mai in 3Q15. (Khao Hoon, 12/03/14)

Comment: Still an attractive story for both investors and punters

MAJOR

MAJOR targets revenue and net profit growth of 10-15% this year and plans to set aside Bt1bn for investment to help it expand the number of movie theaters in Thailand and also expand into AEC market, starting in Cambodia with its first theater ready to open this July. (Khao Hoon, 12/03/14)

Comment It’s normally the same story every year, however the expansion into Cambodia is a major positive.

NWR

NWR targets revenue growth this year at 5%. It will bid for Bt7.6bn in new projects and expects to win Bt3bn of that. This year NWR targets new work of no less than Bt5bn. Current backlog stands at Bt11.7bn and Bt2.9bn is expected to be realized this year. (Khao Hoon, 12/03/14)

PTT

PTT to focus on developing infrastructure- Energy giant PTT Plc plans to develop infrastructure as its new core business to capitalize on opportunity growth in the sector in coming years, says president and chief executive Pailin Chuchottaworn. Infrastructure includes oil and gas pipelines, compressed natural gas facilities, power generation and maintenance as well as consulting services. (Bangkok Post, 12/03/14)

SIRI

SIRI to sell its Siripinyo building worth Bt1.9bn into the Siri Prime Office Property Fund in 1Q14. (Khao Hoon, 12/03/14)

Comment: Eh….the director bought shares pre this news announcement, hmmm….regardless, good for the stock. Perhaps worth a revisit yet again.