BANPU

BANPU jumps back into shale gas. BANPU, a coal miner and power plant operator, has acquired a 10.24% stake in a portfolio of shale gas tenements in Pennsylvania’s Marcellus formation for US$63 million. (Bangkok Post , 17/01/17)

BGT

BGT is budgeting Bt30-35mn for store expansion, targets no less than 5-7 new stores. It plans to open more branches in CLMV after opening four in Myanmar. It plans to increase its capacity for shirt production in order to handle high demand. ( Thun Hoon, 17/01/17)

CHEWA

CHEWA plans to launch 3 new projects worth more than Bt5bn. It expects presales to be good in 1H17, backed by projects postponed from 4Q16. It is ready to deal with a partner to expand in major provinces. (Thun Hoon, 17/01/16)

CHOW

CHOW guarantees that it will pay its Bt600mn B/E and is preparing the funds necessary. It expects start commercial operations of no less than 100MW in 2017. It recently started up another 12MW. (Kao Hoon, 17/01/17)

COM7

COM7 expects to complete an acquisition transaction in 1H17, with capital investment of Bt184mn. It expects 1Q17 earnings to be better than 1Q16. It expects 2017 revenue to grow 15%. It plans to add 350 branches, targets reaching 500 this year. ( Thun Hoon, 17/01/17)

CPL

CPL expects net profit to be back to the black in 2017 on the back of an M&A, which is expected to be done in March. It expects this to contribute revenue in 2Q17. It targets 2017 revenue to grow 25% to Bt2.5bn. It is budgeting Bt100-150mn to launch new products. (Kao Hoon, 17/01/17)

DTAC

DTAC is budgeting Bt70bn for its three-year network expansion plan. It expects the NBTC to put unused frequencies up to bid. It expects to complete the negotiations with TOT for 2300MHz in 1Q17. (Kao Hoon, 17/01/17)

FER

FER expects to get good feedback to its capital increase. The subscription period is Feb 1-7, with total shares of 759.19mn via a rights offering at a ratio of 5 old shares to 2 new shares. It plans to invest in alternative energy to support revenue and profit. (Kao Hoon, 17/01/17)

FORTH

FORTH is budgeting Bt20mn to acquire 10% of Odin Power shares. It expects to cooperate with a partner to invest in alternative energy to support revenue. ( Thun Hoon, 17/01/17)

GUNKUL

GUNKUL plans to issue a Bt5bn debenture. It will use the funds to expand its power plants. It expects the finalize the deal this year. It expects 1Q17 earnings to be better than 1Q16 due to wind power plants. It targets 2017 revenue growth of 20% on the back of 171MW power plants. ( Thun Hoon, 17/01/17)

LHBANK

LHBANK reported 4Q16 net profit of Bt624mn, up 37%. This pushed 2016 net profit to Bt2.69bn, up 63.3%. Its NPLs dropped to 1.76% with stronger funds. (Kao Hoon, 17/01/17)

NNCL

NNCL expects 2017 performance to be good, both IE and utility businesses. It is talking with many clients to sell land plots. It is budgeting Bt100mn to prove gas pipeline efficiency. ( Thun Hoon, 17/01/17)

NOK

NOK plans to open new charter routes. It will begin with China during the Chinese New year, after which it will put the flights on its regular schedule. It plans to start a BKK- Phnom Penh route in mid-2017 and expects passenger load of at least 80%. ( Thun Hoon, 17/01/17)

PT

PT targets 2017 revenue to grow 10-15%. It is talking to a Japanese partner to provide IT system management in Pinthong IE. It expects to get license for providing credit card security in 1Q17. It expects to get more projects as the government furthers its IT policy. ( Thun Hoon, 17/01/17)

PTTGC

PTTGC expects 2016 net profit of Bt24bn. It expects to pay a dividend on 2H16 performance of Bt1.5/share. It expects 2017 performance to be better than its competitors. It plans to list GGC soon. (Kao Hoon, 17/01/17)

TPBI

TPBI expects to increase the portion of revenue from HVA products. It expects large orders for these. It is budgeting Bt30mn for machinery improvement. It expects this to push 2017 revenue growth to 5-10%. (Kao Hoon, 17/01/17)

TPOLY

TPOLY expects 2017 business to be good after it expands all businesses. It plans to bid for 2-3 construction projects with a total value of Bt1bn, raising jobs on hand to over Bt3.9bn. It plans to focus on power and property businesses. ( Thun Hoon, 17/01/17)

WORK

WORK expects substantial growth in 2017. It plans to stay in the top three digital TV channels in terms of ratings, which will allow it to increase its ad rate. It expects the event business to turn around with the economy. It targets 2017 revenue of Bt3.45bn. (Thun Hoon, 17/01/17 )

AH

AH expects 2017 revenue growth of 10%, supported by recovery in the automobile market with expected production at 2mn vehicles. It has set aside Bt400mn to upgrade its machinery. (Kao Hoon, 13/01/17)

AOT

AOT has budget of Bt13bn to develop airport which expects to increase passenger of 10%. It plans to bid Suvarnabhumi Airport Phase 2 of 4 contracts and expects to conclude in mid-2017. (Thun Hoon, 13/01/17)

AUCT

AUCT has budgeted Bt100mn to add 30 branches. It expects revenue to grow in response to more vehicle auctions than last year’s 50,000 cars. (Thun Hoon, 13/01/17)   BIZ BIZ expects 2017 to be better than 2016, which grew 60%, backed by a focus on government and private projects. It has backlog of Bt168mn. It expects to finish a deal in Phnom Penh by the end of 2Q17. (Kao Hoon, 13/01/17)

COMAN

COMAN targets 2017 revenue growth of 20%, backed by government stimulus and tourism recovery. Backlog is Bt40-50mn. It plans to increase dealers abroad. (Kao Hoon, 13/01/17)

CSS

CSS expects 2017 earnings to be good and targets revenue of Bt5bn supported by growth in the telecommunications and trading businesses. It has backlog of Bt800-900mn and expects to get government jobs to add to its trading backlog. (Kao Hoon, 13/01/17)

GLOBAL

GLOBAL is spending Bt2.15bn to expand in Thailand and abroad. It expects 2017 revenue growth of 10% from 2016, supported by more demand. (Thun Hoon, 13/01/17)

IFEC

IFEC has subsidiary sign a contract for a solar farm in Cambodia with capacity of 20MW. In 2017, it plans to focus on the power business. However, trading in IFEC has been suspended due a default in repayment of a B/E worth Bt200mn. (Kao Hoon, 13/01/17)

JMT

JMT targets 2017 revenue growth of 20% with debt portfolio of Bt130bn. It plans to acquire debt of Bt30bn at a cost of Bt1.5bn. It plans to engage in debt collection business in Myanmar . (Thun Hoon, 13/01/17)

MALEE

MALEE expects 1H17 sales to be robust on seasonality. It targets 2017 revenue growth of 10-15% brought by a larger customer base. It is budgeting Bt500mn for plant improvement, which it expects will boost its performance and lower its costs. (Thun Hoon, 13/01/17)

NCL

NCL expects 2017 performance to be good. It expects Chinese businesses to move production bases to Thailand, which will give a boost to the logistics business. It targets 2017 revenue to grow 10-30%. Its long-term revenue target is Bt3bn. It plans to expand abroad. (Thun Hoon, 13/01/17)

ORI

ORI expects substantial growth in 2017 to be fostered by its aggressive strategy. It plans to launch new projects valued at Bt14bn. It expects 4Q16 net profit to mark a record high of Bt328mn. (Thun Hoon, 13/01/17)

PTTEP

PTTEP plans to acquire three businesses in the Gulf of Thailand and Myanmar this year to raise reserves and petroleum products. (Kao Hoon, 13/01/17)

SAMCO

SAMCO expects 2017 revenue to be better than 2016 aided by higher revenue. It plans to launch two TH projects with value of Bt2.2bn. It is budgeting Bt900mn to acquire land for project development. (Kao Hoon, 13/01/17)

SIRI

SIRI targets 2017 revenue to reach Bt34bn on the back of Bt39bn backlog which is expected to cover revenue for the next four years. It plans to launch new projects, increasing foreign sales to Bt7.4bn. It plans to launch high-end projects. (Thun Hoon, 13/01/17)

TISCO

TISCO expects its loan portfolio to be stable in 2017 after shrinking 5% in 2016. It plans to add personal loans from SCBT this year. It expects this to increase its customer base and its service channels. It expects NPLs to be better, which will lower its provision expense this year. (Thun Hoon, 13/01/17)

TSR

TSR expects to expand both at home and abroad. It expects growth in three business units. It expects to announce 2016 performance in Feb. It expects a gradual growth in 2017 performance. (Thun Hoon, 13/01/17)

BCPG

BCPG plans to operate 20MW at Japanese solar farm and cooperative unit solar farm within Feb-Mar. This to give it growth. It plans to report an acquisition in wind power plants. It is budgeting Bt10bn to invest in alternative energy. It targets capacity of 1,000MW within 2020. (Thun Hoon, 12/01/17)

BEAUTY

BEAUTY plans to hold a roadshow in South Korea and Singapore by end-March to attract foreign investors. It expects 2017 revenue growth of 20% to Bt3.1bn. It expects to complete a deal to sell its products in King Power outlets in 1Q17. It plans to expand abroad with exports comprising 8% from 6% now. (Kao Hoon, 12/01/17)

CBG

CBG targets 2017 revenue growth of 20-25%. It plans to actively expand abroad to increase exports to 50% within 2018 as targeted. (Thun Hoon, 12/01/17)

ECF

ECF sets 2017 revenue growth of 10% driven by branch expansion both at home and abroad. It expects to expand its “100 Yen Can Do” shops in 2H17 with a goal of at least six outlets. (Kao Hoon, 12/01/17)

GUNKUL

GUNKUL clarified wind turbine investment. It says it is studying to invest in a wind power plant and also in many alternative energy power plants in Thailand and abroad. However, no decisions have been finalized. (Kao Hoon, 12/01/17)

HPT

HPT expects 2017 revenue to reach Bt150mn or 20% growth supported by higher sales and higher capacity. It plans to focus on the domestic market, with expected revenue portion to increase to 5%. It also plans to expand to Singapore, Myanmar and Cambodia to bring in new clients (Kao Hoon, 12/01/17)

LOXLEY

LOXLEY expects 2016 revenue growth of 45% on the back of growth in the ICT business and profit-sharing from its subsidiaries. It expects 2017 revenue growth of 25%. It plans to take part in electric buses and village broadband projects. (Thun Hoon, 12/01/17)

MONO

MONO increased capital by 143mn shares via PP with eight investors, priced at Bt2.85/share. It expects to get more than Bt407.55mn, which it will use to buy content to air on its digital TV station. (Kao Hoon, 12/01/17)

PSTC

PSTC plans to invest in 4 biomass power plants with capacity of 4MW each. It targets to increase its total electricity generating capacity to 16.1MW. (Thun Hoon, 12/01/17)

PTT

PTT expects coal business to improve in 2017 from 2016 on the back of cost control which is expected to improve from last year’s US$3.65/ton. It targets coal production of 9mn tons in response to a recovering coal price. (Thun Hoon, 12/01/17)

PYLON

PYLON got Bt100mn in projects, and expects contracts to be signed soon. This increases its backlog to Bt600mn. It plans to take part in Bt1.5bn in projects. It targets 2017 revenue to reach Bt1.3bn, supported by construction expansion. (Thun Hoon, 12/01/17)

SPALI

SPALI plans to launch 29 new projects in 2017, with a total value of Bt37bn. It targets presales of Bt27bn. It has backlog of Bt36bn, with Bt15bn of that to be booked this year. This will bring 2017 revenue to Bt24.5bn. (Kao Hoon, 12/01/17)

TKN

TKN continues to expand in China, with a plan to increase distributors. It targets revenue to reach Bt10bn in 2024. It targets 2017 sales to grow 20% from last year aided by high demand. (Thun Hoon, 12/01/17)

WINNER

WINNER plans to launch new products to sell in 7-Eleven stores. It expects to benefit from economic recovery in 2017 because it will support consumption. It expects performance to be good thanks to government stimulus. (Thun Hoon, 12/01/17)

BIG

BIG expects 2017 earnings growth and targets revenue growth of no less than 10%, backed by growth in the mirrorless market. It plans to expand its branches in major areas. It expects its printing business to add to profit growth. (Thun Hoon, 11/01/17)

BTS

BTS will pay an interim dividend of Bt0.165/share, XD on Jan 19 and payment on Feb 7. It expects earnings to grow steadily for the next three years, supported by Green Line extension, and the startup of operations of the Yellow and Pink lines plus revenue from the property and advertising businesses. (Thun Hoon, 11 /01/17)

FPI

FPI is talking to a prospective partner to invest in Russia. It targets revenue to reach Bt50mn in the first year. It targets 2017 revenue growth of 10% with backlog of Bt900mn (expects 50% to be booked this year). It expects plants in India to be complete in May 30. (Thun Hoon, 11/01/17)

FSMART

FSMART expects an uptrend for Boonterm top-up machines and already has 90,000 machines. It targets adding 25,000 this year. It is now getting top ups valued at Bt30,000/machine/month thanks to ADVANC customers migrating from 7-Eleven after it stopped selling ADVANC’s prepaid cards. (Kao Hoon, 11/01/17)

HMPRO

HMPRO expects 2016 net profit of Bt4.05bn. It expects to pay dividend of Bt0.16/share on 2H16 performance, equal to 1.6% dividend yield. It expects 4Q16 net profit to grow 18%. (Kao Hoon, 11/01/17)

ITD

ITD got two projects valued at Bt3.58bn, bringing backlog up above Bt270bn, covering revenue for the next three years. It expects to win at least some of the five dual-track projects, valued at Bt90bn, for which documents are available. (Thun Hoon, 11/01/17)

MDX

MDX is studying investing in all types of alternative energy to diversify its business risk. Its existing revenue is contributed by a 850MW power plant. It expects to get its EIA for the 1,000 rai land expansion. It expects to benefit after local and foreign investors asked for surveys in order to set up their plants . (Thun Hoon, 11/01/17)

PACE

PACE approved proposed investment by two investors, Apollo Asia Sprint Holding Company Limited and Goldman Sachs Investments Holdings (Asia) Limited, in its subsidiaries, equal to 49% or Bt8.4bn. It plans to use the funds to repay loans of Bt2bn. This will lower its D/E ratio from 8X to 2-3X in 1Q17. (Kao Hoon, 11/01/17)

PCA

PCA expects 2017 performance to be good on the back of private and public projects for the Digital 4.0 project. It plans to focus on PlanetFiber and Cloud service. Its backlog is Bt200mn which it expects to recognize this year. (Thun Hoon, 11/01/17)

PLAT

PLAT targets 2017 revenue to hit Bt2bn on the back of revenue contribution from Talad Neon project, which it expects to reach breakeven within a year. It is budgeting Bt2bn for: 1) investment in The Market project on Ratchadamri Rd., which it expects to open in 4Q18, 2) renovate its malls and 3) expand ads. (Thun Hoon, 11/01/17)

PTTEP

PTTEP is budgeting US$2.9bn for 2017 investment. It will use this to handle projects at home and in other parts of Southeast Asia. It has cash on hand of over US$3bn. (Kao Hoon, 11/01/17)

RS

RS expects net profit to be back to the black this year with revenue of Bt3.5bn. Behind this is an increase in ad rate by 35-40% and good response to Channel 8. It is budgeting Bt700mn to increase its content which it hopes will add to viewers. It expects its music business growth to double thanks to its new business strategy that allows the artists to take part in production investment. (Kao Hoon, 11/01/17)

SAWAD

SAWAD plans to issue a Bt3.4-5bn debenture with interest rate of 3-5% to support business expansion and refinancing. It targets 2017 revenue to grow 20-30%. It plans to open 200-300 branches. It plans to engage in debt management by buying debt from financial institutions. (Thun Hoon, 11/01/17)

SPCG

SPCG targets 2017 revenue of Bt5bn from 200MW power generation. It is studying investment in Indochina. (Thun Hoon, 11/01/17)

SVI

SVI is budgeting Bt600mn to establish a new plant in Cambodia. It also plans to expand its plants in Slovakia and Thailand. It targets 2017 revenue to grow 20%, helped by the baht depreciation. It is talking to new clients after signing contracts with five customers. (Thun Hoon, 11/01/17)

TACC

TACC launches an energy drink named Jump Start in Cambodia. It expects a good response that will underwrite company growth. (Kao Hoon, 11/01/17)

TMI

TMI expects 2017 performance to turn around. It targets 2017 revenue growth of 20% from 2016’s Bt500mn. It plans to expand to Myanmar and Vietnam. It targets exports to comprise 50%. It plans to expand to the Middle East and Africa. It targets revenue from backup batteries of Bt10-15mn. (Thun Hoon, 11/01/17)

TTA

TTA expects to be the best dry bulk shipper this year. It expects net profit to return to the black thanks to subsidiaries, which are benefiting from recovery in oil and coal prices. (Kao Hoon, 11/01/17)

VNG

VNG targets 2017 sales growth of not less than 20%. It is budgeting Bt101bn to increase capacity of MDF board to 1.38mn cubic meters/year to handle high demand. It expects this to increase its margin. It is interested in investing in biomass power plants. (Thun Hoon, 11/01/17)

BEM

BEM expects revenue from mass transit to grow 5-6% with revenue from its expressway growing 2-3% upon booking a full year of revenue from two new projects. It expects to conclude the deal with the Blue Line extension and is waiting for approval. (Thun Hoon, 10/01/17)

BKD

BKD expects 4Q16 profit of Bt70mn. It expects to finish the deal to sell land in Krungthep Kreetha which will give it an extra gain of Bt320mn. This will allow it to pay a dividend. (Kao Hoon, 10/01/17)

CCP

CCP got the Bang Pa-in-Korat motorway job worth Bt100mn. It targets 2017 revenue growth of 10% to reach Bt2.55bn. It plans to build a cement factory in 4Q17. (Kao Hoon, 10/01/17)

CPF

CPF expects 4Q16 profit of Bt3.4bn, growth of 119%. This will lift 2016 profit to Bt15.1bn, growth of 36.5% supported by more exports to Singapore. (Kao Hoon, 10/01/17)

DELTA

DELTA targets 2017 revenue growth of 10% backed by more demand for electronic vehicle parts and domestic business growth together with a weak baht. It has budgeted Bt300-400mn to develop its product. It plans to acquire a business abroad. (Thun Hoon, 10/01/17)

DRT

DRT targets 2017 sales growth of no less than 5% driven by overall economic recovery and more purchasing power. (Kao Hoon, 10/01/17)

FER

FER spent Bt550mn to acquire Star Gas which will support its power business. (Kao Hoon, 10/01/17)

KTB

KTB expects loans to recover in 2017, backed by government investment. It plans to expand its customer base to many financial products. It targets a coverage ratio of 130-140%. (Thun Hoon, 10/01/17)

LALIN

LALIN plans to launch 8-10 projects in 2017 with a total valued of Bt4bn and expects presales of Bt3.6bn. This will give it revenue growth of 15% to reach Bt3.1bn. (Kao Hoon, 10/01/17)

MONO

MONO expects a profit in 2017 thanks to good ratings for Mono29 channel, which is bringing in more advertising. It targets revenue from Mono29 channel to double from 2016. It plans to write off retained losses and pay a dividend. (Kao Hoon, 10/01/17)

PK

PK expects to get a new job from abroad to produce processing machinery worth Bt300mn and has many projects waiting for contract signing. It has backlog of Bt1.8bn. There is progress in its factory in Indonesia and it expects 2017 earnings to recover. (Thun Hoon, 10/01/17)

PTG

PTG is budgeting Bt1.5bn to build an ethanol plant with a partner and expects this to start operations in 2020. It targets 2017 revenue of Bt100bn supported by more demand. It is continuing to open new service stations to bring its market share up to #2 position this year. (Thun Hoon, 10/01/17)

RJH

RJH has budgeted Bt700mn to build a new building and MRI Center. It targets 190 beds in 2017 and earnings growth of 10-15%. (Thun Hoon, 10/01/17)  SMART SMART expects 2017 revenue to reach Bt330mn, growth of more than 5%. It plans to launch a new product. Recently, it bid for a project for the North Green Line. (Kao Hoon, 10/01/17)

THANA

THANA has budgeted Bt35mn to expand its online market. It plans to do a low-rise project with a total value of Bt1.5bn. It plans to launch a new project worth Bt900mn. It targets 2017 revenue growth of 20%. (Thun Hoon, 10/01/17)

ABC

ABC plans to sell ABC WORLD asset to REIT worth Bt1.5-2.0bn in 2017. It will continue to transfer titles for ABOVE Sukhumvit 39 condominium worth Bt2.5bn. It expects this to bring a turnaround in 2017. (Kao Hoon, 09/01/17 )

BTS

BTS expects to sign contracts for Pink and Yellow lines by April after negotiations with the BMTA. It plans to send the details of the extension line to the BMTA for consideration. (Kao Hoon, 09/01/17)

GPSC

GPSC started operations of its 5MW solar farm, which will contribute revenue for 25 years. This will bring outstanding revenue growth. (Thun Hoon, 09/01/17)

NNCL

NNCL expects to finish a deal with a partner to do a new business by mid-2017. This involves installing underground fiber optic cables. It expects to increase revenue from recurring income to 60%. It is continuing its power plant project in Nava Nakorn with an investment budget of Bt3bn. (T hun Hoon, 09/01/17)  NUSA

NUSA signed a contract with CNI22 to construct The Legend Siam worth Bt1.4bn. It will start construction in January and expects to finish in October 2017. (Kao Hoon, 09/01/17)

OTO

OTO expects to get a government job worth Bt100mn and expects to know the results in 1Q17. It has backlog of Bt1.3bn that will provide outstanding revenue in 2017. It plans to expand business in CLMV to add to revenue. It reports progress on setting up a JV in Myanmar. (Thun Hoon, 09/01/17)

PIMO

PIMO plans to sign a contract to buy new technology soon and expects this to generate revenue of Bt150mn per year. It targets 2017 revenue growth of 15% supported by a new customer from the U.S. (Thun Hoon, 09/01/17)

SGP

SGP is benefiting from the LPG price surge and weak baht. These will add to revenue. It targets 2017 revenue growth of 5% from 2016 backed by customer expansion. It expects LPG price float to be clarified in 1Q17. (Thun Hoon, 09/01/17)

TCAP

TCAP expects 4Q16 net profit to grow 16% aided by fee income from insurance and fund business as well as lower provisions. It expects growth in 2017 thanks to lower cost of funds and growth in corporate loans. (Thun Hoon, 09/01/17)

TM

TM is talking to prospective partners to supply consumer goods in AEC, with a decision to be made in 2017. It targets 2017 revenue of Bt700mn by focusing on launching new products that will expand margin. It plans to launch 200 mini-robots to increase revenue. It targets public projects to comprise 60%. (Thun Hoon, 09/01/17)

TPCH

TPCH expects to benefit from 400MW biomass power plant bids, with some progress expected in 1Q17. It expects to get 25-30MW. It expects 4Q16 earnings to mark a record high on the back of operating four power plants with total capacity of 34.4MW. ( Thun Hoon, 09/01/17)

TU

TU disposed 50% of the common shares of Century (Shanghai) Trading Co., Ltd. for US$623,594. It will set up wholly-owned Tai Wan Sheng Aquatic Trading (China) Co., Ltd. to expand its market in China. It expects this to support its revenue to hit its target in 2020. (Kao Hoon, 09/01/17)

TVD

TVD expects 2017 performance to be robust thanks to a focus on retail customers and increasing consumer awareness. It expects this to support growth. It plans to expand at least two TV Direct shops. It also plans to focus on the logistics business. (Thun H oon, 09/01/17)

ABC

ABC says its Bt2.5bn project ABOVE Sukhumvit 39 got a good response from local and foreign investors. Its presales have reached 60%. It expects to complete presales soon. (Kao Hoon, 05/01/17)

BTW

BTW plans to take part in upcoming projects. It expects to get a Bt1.6bn power plant construction project abroad, with the winner expected to be announced in 1Q17. It expects 2017 revenue to grow not less than Bt1.7bn aided by numerous orders. (Thun Hoon, 05/01/17)

CENTEL

CENTEL is budgeting Bt1.2bn to invest in hotels and restaurants. It plans to hold a roadshow in Singapore to attract foreign investors, with a decision made next week. It expects 2017 performance to continue to grow thanks to an uptrend in tourism. (Thun Hoon, 05/01/17)

GL

GL expects its performance to mark a record high after it expanded overseas and is booking its share of profit from CCF. It plans to expand to 14 countries in Africa as well as Eastern Europe as it believes there are more opportunities. (Thun Hoon, 05/01/17) ‘

HMPRO

HMPRO expects 4Q16 earnings to mark a record high on the back of high sales. It plans open more branches at home and abroad. (Thun Hoon, 05/01/17)

IHL

IHL expects 2017 revenue to grow more than 10% on the back of recovery in auto production. It plans to expand its customer base. It plans to maintain its gross margin of 20% brought by its protein supplement unit. It is budgeting Bt300-450mn to expand its plant for protein supplement production. (Thun Hoon, 05/01/17)

ITEL

ITEL expects 2017 revenue to hit Bt800mn. It plans to establish a JV company to invest in a data center, which it expects will contribute revenue of Bt5120mn. It plans to take part in Bt10bn telecommunication projects. (Thun Hoon, 05/01/17)

JWD

JWD targets 2017 revenue to grow 7% from last year due to more clients. It is budgeting Bt300mn to set up a warehouse abroad. It plans to expand to overseas, with the goal of exports to comprise 10%. (Thun Hoon, 05/01/17)

MILL

MILL expects the steel industry to be good this year and expects demand to grow by 10% from last year’s 18mn tons. It expects higher coal prices to lead steel price to recover. It expects 2017 sales to grow more than 10%. It continues to invest in ASEAN. (Thun Hoon, 05/01/17)

PJW

PJW is talking to 4-5 Chinese clients. It expects revenue from China to comprise 20-25% per year. It is budgeting Bt150-200mn to invest in a 10,000sqm plant in China in 1Q17. It expects this to operate in 2017. It targets 2017 revenue to grow 5-10% on the back of a substantial growth in the plastics industry, which supports every business segment. (Thun Hoon, 05/01/17)

RJH

RJH expects subsidiary Rajthanee Rojana to be in the black this year. It targets 2017 revenue to grow 15%. It expects to get more quota for SSO. It plans to invest in new building and MRI center. It expects this to increase its revenue. (Kao Hoon, 05/01/17)

SCP

SCP is studying new investment to push up revenue. It plans to expand to ASEAN. It targets 2017 revenue to grow 20% brought by higher demand for foundation piling for public projects. It expects this to increase its utilization rate to 70% from 50-60%. It expects to be competitive on the back of its six plants that cover every region of Thailand and leads to large orders. (Thun Hoon, 05/01/17)

SPA

SPA acquired Tiger Eyes Trading (Thailand) Co., Ltd and Tiger Eyes Education Co., ltd via a subsidiary. It believes this will provide synergy. It plans to open 10 more branches this year increasing revenue by 30%. It also looking to expand overseas. (Kao Hoon, 05/01/17)

TAE

TAE expects 2017 revenue to grow 5-6% aided by a rise in ethanol production from 365,000liters/day to 1.2mn liters/day. It is studying ethanol production for other businesses to support revenue. (Thun Hoon, 05/01/17)

TFG

TFG’s board approved setting up a new subsidiary, Thai National Logistics Co., Ltd. It expects this to reduce its group’s logistics costs by 5-10% from Bt600mn. (Thun Hoon, 05/01/17)

TPBI

TPBI expects 4Q16 earnings to be good on the back of lower material cost and a weaker baht, which has boosted its exports. It plans to expand its flexible packaging plants, with construction to start in 1Q17. (Kao Hoon, 05/01/17)

ARROW

ARROW plans to focus on electrical conduit projects and construction service. It expects the construction and property development industry to be good on the back of public investment. It targets revenue to grow not less than 10-15% to Bt1.6bn aided by high demand for building materials and growth in utility projects. (Thun Hoon, 04/01/17)

ASEFA

ASEFA targets 2017 revenue to grow 15%. It took part in Bt2bn bids for both private and public projects. Its backlog is Bt1.8-1.9bn, and expects to book all of this in 2017-2018. It plans to have ten branches within 2017 from four in 2016. (Thun Hoon, 04/01/17)

BA

BA expects tourism to grow 12%, in line with FPO estimates. It expects to increase its alliance to 29 airlines. It plans to add four aircraft. It targets passenger growth of 12-13% with a 70% load factor. It expects this to increase 2017 revenue by 10%. (360 manager, 04/01/17)

BCP

BCP expects 4Q16 net profit to return to the black at Bt1.8bn on the back of a good refinery margin and stock gain. (Kao Hoon, 04/01/17)

CPF

CPF is budgeting Bt1.87bn to acquire 33% of SuperDrob shares. It expects this to expand its market in Europe. It expects this transaction to be done within three months. It plans to set up a subsidiary to invest in agro industry and food. (Kao Hoon, 04/01/17)

IVL

IVL reports its PET plant in Turkey shut down on Dec 30, 2016. This shutdown is included in its business plan and restructuring strategy. It gave assurances that there will be no impact on business operations. (Thun Hoon, 04/01/17)

MAJOR

MAJOR expects 2017 net profit of Bt1.5bn on the back of a lineup of 14 movies and increasing screens to 7,667. It expects 4Q16 net profit to be good aided by selling 2.35% of PVRL shares. (Kao Hoon, 04/01/17)

PCSGH

PCSGH expects 2017 revenue growth of 5% aided by recovery in the economy and auto industry. It recently got two projects worth a total Bt1.2bn. It expects this to contribute revenue in 2017. It has budgeted Bt300mn to invest in solar rooftop, which will increase its total capacity to 2MW, and in machinery improvement. (Kao Hoon, 04/01/17)

SUPER

SUPER expects to see continued growth as its total COD is 730.6MW at the end of 2016. It plans to expand its capacity abroad in 2017. It expects to complete an M&A transaction overseas very soon. (Kao Hoon, 04/01/17)

THANA

THANA plans to launch one project on Sirindhorn Rd. valued at Bt1bn in 1Q17. It plans to focus on online marketing. (Kao Hoon, 04/01/17)

TNP

TNP is studying investment in Myanmar and Laos to support future growth. It plans to open new branches in Chiang Saen, increasing revenue from abroad to 10%. It expects to implement a system warehouse with its new branches to save its cost. It is confident 2016 revenue growth will hit its target of 10-15%. (Thun Hoon, 04/01/17)

TRC

TRC plans to focus on the mining business. Its backlog increased to Bt33.4bn after it got the potash mining project. It is ready to handle pipeline system construction for PTT. (Thun Hoon, 04/01/17)

AKR COD a 3.35MW solar farm yesterday and expects to book revenue in January 2017. It targets 2017 revenue growth of 50%, supported by bidding for a big-lot electricity transformer job and more solar roof tops. It expects 4Q16 to be this year’s peak. (Thun Hoon, 30/12/16)

AMC

AMC expects the steel business to be good in 2017. It expects to develop its product with a partner and plans to increase capacity to support demand in the future. (Kao Hoon, 30/12/16)

AP

AP expects to book revenue of Bt7.6bn in 4Q16 on the strength of more than Bt13.1bn in presales awaiting transfer. It reports presales of more than Bt22.5bn in the first 11 months of 2016. (Thun Hoon, 30/12/16)

COMAN

COMAN is confident that 2016 revenue will hit its target growth of 20% backed by the recovery of tourism in 4Q16 and government stimulus package. In 2017, it will focus on businesses abroad and plans to set up a distributor to support revenue in the future. (Kao Hoon, 30/12/16)

ESSO

ESSO has budgeted Bt1.5bn for investment in 2017 to add 35 service stations. It expects oil sales growth of 5% or 3bn liters and expects to maintain its third-place market share. (Thun Hoon, 30/12/16)

GFPT

GFPT targets 2017 revenue of Bt18-19bn or growth of 10% from 2016, driven by an increase in capacity to 300k chicks/day. It plans to expand abroad to maintain its export volume at 2,500- 2,800 tons/month. (Thun Hoon, 30/12/16)

ILINK

ILINK targets 2017 earnings growth of 15% supported by more jobs and government projects worth more than Bt4bn. This will increase its backlog now at Bt1.8bn that it will book through 2019. (Thun Hoon, 30/12/16)

MALEE

MALEE targets 2017 sales growth of 10-15% supported by expansion abroad with a focus on ASEAN. It plans to launch a new product in the Philippines in 1Q17 and a new product from MEGA MALEE in 3Q17. It has budgeted Bt400-500mn for investment in 2017 to renovate its plants. It is preparing a roadshow in Hong Kong, Singapore and Malaysia. (Thun Hoon, 30/12/16)

SOLAR

SOLAR started commercial operations at three solar farm projects with total capacity of 9MW. It plans to expand solar rooftops to generate more income. (Kao Hoon, 30/12/16)

SPVI

SPVI plans to change its strategy. It expects earnings to recover in 2017, supported by government jobs. It expects Apple to launch a new product and plans a marketing thrust to spur sales. It expects 2016 revenue to come close to its target of Bt2bn. (Thun Hoon, 30/12/16)

SUPER

SUPER starting COD of 12 solar farm projects in five days with total capacity of 49.7MW. This will bring total output to 725.6MW from 121 projects. (Kao Hoon, 30/12/16)

SYNTEC

SYNTEC expects 2016 earnings to be good backed by 20 new projects to reach Bt10bn, exceeding its target. This will expand its backlog of Bt12bn. It plans to bid for new jobs worth more than Bt10bn and targets revenue growth of 5%. It plans to do two new serviced apartment projects valued at Bt1.3-1.4bn. (Thun Hoon, 30/12/16)

TK

TK has set a 5-year plan to expand in ASEAN. It is already studying two countries. It expects this to bring growth of 50% in loans extended abroad in 2017. It estimates 2016 loan growth a 5%. (Kao Hoon, 30/12/16)

TKS

TKS expects 2017 revenue growth of 10% supported by expansion in three segments and backlog will reach Bt1bn, all of which will be booked in 2017. It expects export revenue to increase to 10% from 5%. It is negotiating to acquire a packaging business. (Thun Hoon, 30/12/16)

TMT

TMT expects 2016 profit growth of 183% and plans to pay a dividend of Bt1.60/share or yield of 10.5%. It expects 1Q17 to be outstanding with profit of Bt200mn supported by high season. (Kao Hoon, 30/12/16)

ABC

ABC expects 2017 revenue to be higher than Bt2bn on the back of transferring ABOVE Sukhumvit 39. It plans to launch Estes Rattanathibet condo in 4Q17. It expects 2017 performance to recover. It plans to wipe out Bt191mn losses in retained earnings and pay a dividend. (Thun Hoon, 29/12/16)

BEAUTY

U.S. investors are interested in BEAUTY shares, backed by its strong fundamentals and financials. It expects some progress soon. It targets 2017 revenue growth of 20% thanks to a larger customer base. It plans to open 50 branches to expand revenue. (Thun Hoon, 29/12/16)

DCC

DCC expects 2017 sales growth of 5-10% after its capacity increase by 300,000sqm/month. It expects this to support its expansion plan in ASEAN. It targets exports to comprise 15% from 6%. It expects gross margin to increase to 40-45%. (Thun Hoon, 29/12/16)

J

J plans to announce its business plan in mid-Jan 2017. It expects growth in 2017. It is looking for land plots to develop community malls. It plans to renovate two existing community malls. It plans to set up a Bt1bn REIT in 2H17. (Thun Hoon, 29/12/16)

KSL

KSL reported FY2016 (Nov 2015–Oct 2016) net profit of Bt1.42mn, up 66% thanks to a good sugar business, with raw sugar prices rising 13.7%. (Kao Hoon, 29/12/16)

M

M is budgeting Bt140mn to open more branches in order to increase its coverage and revenue. It expects growth in 2017 supported by more customers. It expects to benefit from government stimulus measures (Shop Chuay Chart). (Thun Hoon, 29/12/16)

PF

PF targets 2017 revenue to hit Bt23bn with presales of Bt20bn. It plans to launch 20 new projects worth a total of Bt26bn. It is budgeting Bt2-3bn to buy land. It expects to make a final decision about setting up an REIT next year. It is looking for a partner to develop property in special economic zones in Trat. (Thun Hoon, 29/12/16)

POLAR

POLAR’s board approved Bt308.7mn to acquire 490,000 shares, representing 70% of paid up capital, of Day Poets Co., Ltd. It plans to extend its business to media and publications. It expects to start this business in March 2017 and recognize revenue immediately, lowering the risk from the property business. (Thun Hoon, 29/12/16)

PSTC

PSTC is operating 4.999MW in cooperative solar power plants, raising total capacity to 31MW in a total of eleven power plants. (Thun Hoon, 29/12/16)

SIMAT

SIMAT expects 2017 performance to recover and plans to focus on fiber broadband business. It plans to double its customer base to 50,000 from 25,000 subscribers. It plans to take part in at least Bt500mn public bids. It plans to list Simat Label within 2Q17. It expects to wipe out retained earnings losses next year. (Thun Hoon, 29/12/16)

SITHAI

SITHAI is talking to parties in Myanmar and Japan to set up a melamine plant in Myanmar (45% in stake). It expects new plant to bring substantial growth. It targets sales growth of 5% aided by higher sales as the economy recovers plus a full year of revenue recognition from its plant in Hanoi. (Thun Hoon, 29/12/16)

SNC

SNC expects 2017 net profit to grow 8% to Bt446mn and expects to pay dividend of Bt1/share (implying 7% dividend yield). It expects 2016 earnings of Bt414mn. It also plans to pay dividend of Bt0.9/share or 6% dividend yield. (Thun Hoon, 29/12/16)

TK

TK plans to expand its business via a takeover of leasing companies overseas over next three years. It expects its international portfolio to comprise of 50% from 5% now. It expects the motorcycle segment to do well, aided by stimulus measures. It targets 2017 loan growth of 5% with doubled growth in its international portfolio. (Thun Hoon, 29/12/16)

TRUE

TRUE is budgeting Bt268.47mn to invest in 20mn shares of Capstream Ventures Inc., a listed company on the Toronto Stock Exchange, at the price of CAD 0.5/share (equal to 8.84% of total issued share). TRUE and Capstream have agreed to establish a new joint venture. (Thun Hoon, 29/12/16)

BIG

BIG expects 4Q16 earnings to mark a record high of Bt256mn. It expects the government’s stimulus measures (Shop Chuay Chart) and the photo fair to result in good sales. (Kao Hoon, 28/12/16)

BJCHI

BJCHI took part in Bt8bn bids, expects this to increase its backlog from Bt2.2bn, covering revenue through next year. It expects revenue to be good on the back of the baht weakening. It expects gradual growth in 2017 brought by industry expansion. (Thun Hoon, 28/12/16)

BM

BM expects 2017 revenue to be good. It expects to complete a deal with a Japanese partner by Feb 2017.It expects this to contribute not less than Bt200mn in revenue. It expects to book revenue of Bt200-300mn from the MRT Green Line in 1Q17. (Thun Hoon, 28/12/16)

CRANE

CRANE expects 2017 revenue to grow 30% from this year. It is looking for new projects to add to backlog. It plans to focus on foundation work and piling to increase revenue. (Thun Hoon, 28/12/16)

GPSC

GPSC plans to operate power plants generating 153.85MW. It expects this to improve its 2017 performance. (Thun Hoon, 28/12/16)

IFEC

IFEC put in bind over B100m debt. SET-listed Inter Far East Energy Corporation Plc (IFEC), a renewable energy power generating company, says it is making efforts to pay a 100 million baht debt to SET-listed property developer Land and House Plc (LH) after the resignation of one of IFEC’s chief executives. (Bangkok Post, 28/12/16)

MACO

MACO sees a positive outlook for 2017. It targets 2017 revenue growth of at least 20%. It expects to recognize a full year of revenue from MTS after completing the M&A transaction in Nov 2016. It is looking for other prospective partners both at home and abroad. It expects to complete at least one transaction in early 2017. (Thun Hoon, 28/12/16)

MINT

MINT expects 2017 revenue to grow 10-15% on the back of a full year of revenue recognition from hotels overseas. It plans to continue to expand its restaurants in China to lead to meeting its five-year growth target. (Thun Hoon, 28/12/16)

NWR

NWR targets 2017 revenue to grow 10% from this year on the back of transfers. It expects to get Bt100bn in new projects to increase its backlog from Bt16bn and cover revenue until 2019. (Thun Hoon, 28/12/16)

OCEAN OCEAN plans to diversify its business in 2017 to support revenue and continue to reduce cost. It expects export revenue to reach 40% in 2020. It plans to improve existing products next year to maintain its market share. (Thun Hoon, 28/12/16)

S

S plans to launch a new project worth more than Bt7bn to support its revenue. It plans to use land in Sukhumvit to develop a condominium, which it will clarify in 2017. Recently, the board approved investing in DAII and expects the process to be done in early 2017. (Thun Hoon, 28/12/16)

SIRI

SIRI has foreign sales growth of 60% to Bt5.2bn in the 11M16 and is confident it will reach Bt5.6bn by end-2016 from Bt3.5bn last year. Hong Kong ranks No.1 in foreign customers. (Thun Hoon, 28/12/16)

STPI

STPI plans to bid for a Pacific Northwest LNG job in Canada worth Bt10-20bn by early 2017. It plans to do a waste power plant with capacity of 7.9MW and expects to COD by end-2018. It expects 2016 earnings to grow. (Thun Hoon, 28/12/16)

SUPER

SUPER has COD 4 solar farm projects with capacity of 16MW. This will bring total COD to more than 706.9MW in 117 projects. (Kao Hoon, 28/12/16)

TCAP

TCAP expects 2016 earnings to record a new high even though 2016 loans will miss its target because lower NPLs means less provisions. (Thun Hoon, 28/12/16)

UTP

UTP targets 2017 revenue growth of 100% to Bt4bn supported by new capacity and more orders. It plans to expand business in ASEAN, including Myanmar, Cambodia, Indonesia and Vietnam, with hopes to raise the export portion to 10-15% from 5% currently. (Thun Hoon, 28/12/16)

WIIK

WIIK expects 2017 earnings to grow supported by bidding for HDPE pipeline. It expects to maintain its jobs on hand. It is negotiating to produce more water, with the negotiations expected to conclude in 1Q17. It expects revenue from water to reach 20-25%. (Thun Hoon, 28/12/16)

BANPU

BANPU expects outstanding earnings growth in 4Q16, supported by the rise in coal price to stand at US$90/ton. Revenue will also be boosted by a full year of profit from Hongsa power plant. It expects to conclude the deal to buy a coal mine in Indonesia next year. (Thun Hoon, 27/12/16) BCPG

BCPG started operations at two solar farm projects with total capacity of 7MW on Dec 23. This will support 2017 revenue. (Kao Hoon, 27/12/16)

CHG

CHG spent Bt1.1bn to open a new hospital in the northeast to supply more revenue. It targets 2017 revenue growth of 15-20%, driven by more demand. (Thun Hoon, 27/12/16)

EGCO

EGCO and partners acquire a thermal power plant in Indonesia with electricity capacity of 402MW and steam capacity of 235MW. It expects to finish the deal within 1Q17. (Thun Hoon, 27/12/16)

ERW

ERW targets 2017 revenue growth of 10% backed by customer expansion. It has budgeted Bt2.5bn to open a hotel which will supply more revenue. (Thun Hoon, 27/12/16)

ETE

ETE plans to issue an IPO of 140mn shares. It plans to use the funds to repay debt and as working capital. It will hold a roadshow in early 2017. (Kao Hoon, 27/12/16)

GUNKUL

GUNKUL expects 2017 profit to show outstanding growth due to booking revenue from 171MW power generation. It expects 2017 revenue growth of 20-30% with the portion of revenue from power to increase to 50%. It targets PPAs for 500MW and will conclude the investment plan in Malaysia and Vietnam in 1Q17. (Kao Hoon, 27/12/16)

KOOL

KOOL expects high season to support 1Q17 revenue. It expects 2017 revenue growth of 42%, supported by more demand. It plans to expand in ASEAN and targets revenue from exports to increase 25%. (Thun Hoon, 27/12/16)

MTLS

MTLS targets new loan growth of 50% in 2017 from Bt32bn in 2016. It plans to open new 600 branches and control NPLs at 1.0-1.5%. It plans to do a roadshow abroad with hopes of raising the portion of foreign investors to 5%. (Thun Hoon, 27/12/16)

PTTGC

PTTGC expects 4Q16 profit of Bt6.9bn or growth of 47% supported by booking a stock gain of more than Bt1.6bn, higher olefins utilization rate and higher GRM. (Kao Hoon, 27/12/16)

SMART

SMART targets 2017 revenue growth of 5% backed by government investment. It has a new project to support its margin and plans to expand abroad. (Thun Hoon, 27/12/16)

STEC

STEC has reached a backlog of more than Bt100bn for the first time ever, supported by three mass transit projects bringing in more than Bt60bn. Its backlog will increase in line with the bidding for new projects next year. (Thun Hoon, 27/12/16)

SUPER

SUPER has started commercial operations at three solar farm projects with a total capacity of 10MW. This will lift total COD to 690.9MW from 113 projects. (Kao Hoon, 27/12/16)

TFG

TFG acquired Big Food Company for over Bt60mn to support its planned broiler expansion. This will lift revenue from the broiler business from 450,000 broilers/day to 490,000 broilers/day. It expects to increase revenue from abroad to 25-30% from 11%. (Thun Hoon, 27/12/16)

UNIQ

UNIQ has backlog of Bt23bn which it expects to book over the next four years. (Thun Hoon, 27/12/16)

WHA

WHA expects 4Q16 earnings to be a record new high after it sells Bt12bn more assets to its REIT. It expects subsidiary WHAUP to list on the market next year. It plans to develop an industrial estate in Vietnam. (Kao Hoon, 27/12/16)

BEM

BEM finished the deal Blue Line with the MRTA after negotiating a fare of no more than Bt42 for 38 stations. It expects the government to solve the problem of the missing link, Taopoon-Bangsue. (Kao Hoon, 26/12/16)

CI

CI targets 2017 revenue growth of 5-10% from this year’s expected YoY growth of 10-20%. It plans to launch three new projects and book revenue from backlog on hand of more than Bt3bn. It has budgeted Bt1bn to buy land for a big project. It plans to get into renewable energy. (Thun Hoon, 26/12/16)

CPF

CPF acquired Bellisio Food, Inc for US$1.1bn, giving it 100% of the company. It plans to expand frozen food in North America. It plans to acquire other business in the future. (Thun Hoon, 26/12/16)

EGCO

EGCO will invest in 20.07% geothermal power plants of Chevron in Indonesia. The total capacity is 402MW of electricity and 235MW equivalent of steam power plant. It expects to complete transferring shares by 1Q17. (IQ Biz, 26/12/16)

EKH

EKH targets 2017 revenue growth of 8-10% from 2016’s expected growth of 15%. It has budgeted more than Bt200mn to build a new pediatric center. It will submit its EIA soon and expects to start construction in 2Q17. It plans to buy more land to expand its hospital in the future. (Thun Hoon, 26/12/16)

FER

FER plans to invest in biogas power plant with capacity of 4MW and a biomass power plant capacity of 8MW in 2017. It plans to spend Bt550mn to buy LPG gas stations to add value to the company and shareholders in the long-term. (Thun Hoon, 26/12/16) PDI PDI has expanded to renewable energy by acquiring a 6.3MW solar farm in Tak with a total value of Bt477mn. Its solar farm in Japan started commercial operations in October 2016. (Kao Hoon, 26/12/16)

PK

PK plans to expand in Asia and Africa and expects this to bring the portion of revenue from exports to over 35%. It has budgeted Bt200mn to set up a new factory. It targets 2017 revenue growth of 10% YoY, supported by more demand. (Thun Hoon, 26/12/16)

RICHY

RICHY has launched a promotion to spur sales by offering a high discount of Bt200,000. It expects 4Q16 sales of Bt50mn. (Thun Hoon, 26/12/16)

RJH

RJH is going to do a roadshow in Singapore. It expects more investment from foreign investors in January 2017. It targets 2017 revenue growth of 10-15% from 2016 backed by customer expansion. (Thun Hoon, 26/12/16)

SENA

SENA entered into a JV with Hankyu Reality Co., Ltd., a property developer in Japan, in order to engage in property development in Thailand. SENA will hold 51% of total capital, equal to Bt38.25mn, while Hankyu Reality Co.,Ltd will hold 41% with initial registered capital of Bt1mn. It plans to increase capital by Bt74mn in December. (Post Today, 26/12/16)

STAR

STAR’s board approved a 101.59mn share capital increase by offering new shares to existing shareholders at a ratio of 5 old : 3 new priced at Bt3/share. It expects this to bring in Bt305mn which it will use to invest in construction material, property, and media businesses. (Khao Hoon, 26/12/16)

TICON

TICON expects to sign a contract for rental of 60,000sqm warehouse, valued at Bt1bn. Khun Veirapan will resign from board management after Frasers Property Holding (Thailand) Co.Ltd (FPHT) took over management responsibility. (Kao Hoon, 26/12/16)

TKT

TKT targets revenue growth of 5-10% as it expects the auto industry to recover by 2-5%, bringing an increase in car production to 2mn. Its existing backlog is Bt1.05bn. It continues to work on research and development. (Thun Hoon, 26/12/16)

TLUXE

TLUXE targets revenue of Bt2.3bn after it invested in 12MW geothermal power plants. It plans to set up funding in order to increase its capacity to 50MW. It is studying investing in more power plants in the south of Japan. It also studying an investment in alternative energy in Thailand. (Thun Hoon, 26/12/16

BCPG

Last chance to buy BCPG and get a dividend of Bt0.15/share before XD on Dec 26. (Kao Hoon, 23/12/16)

CGH

CGH expects 4Q16 earnings to grow, supported by the growth in related companies as planned. It expects to push ROI to reach 15% by 2020 supported by its “New Edge” investment strategy. (Thun Hoon, 23/12/16)

CK

CK got a job from BEM to do the Purple Line. This job is worth Bt155mn and is expected to finish in Oct 2023. (Thun Hoon, 23/12/16)

COM7

COM7 targets 2017 revenue growth of 15% YoY backed by branch expansion nationwide and booking revenue from acquisition of BKK in 1Q17. It has an investment budget of Bt350mn to expand to 500 branches. It plans to cement a deal to acquire at least one company. (Thun Hoon, 23/12/16)

EARTH

EARTH targets 2017 sales volume of Bt12mn tons, an increase of 10% from 2016. It expects to go over its 2016 target of 11mn tons supported by a higher coal price and weaker baht. It is studying a coal-fired power plant and solar farm and expects a conclusion in 2017. (Kao Hoon, 23/12/16)

EE

EE announced that SSUT block 2 was COD on Dec3. Its expects SSUT block 1 to COD on Dec 29 if the test run is smooth. It plans to expand abroad to support revenue. (Thun Hoon, 23/12/16)

EPG

EPG expects 2HFY17 earnings to be good supported by more demand and a weak baht. It expects FY2017 revenue of Bt10bn thanks to customer expansion. (Thun Hoon, 23/12/16)

GLOBAL

GLOBAL set up a JV company, Global House Cambodia, with a partner in Cambodia to bring in more revenue. (Thun Hoon, 23/12/16)

HMPRO

HMPRO expects the industry to be good next year supported by recovered purchasing power. It has a three-year plan to open 4-5 Mega Home branches in Malaysia and plans to expand its branches in ASEAN with a focus on CLMV. (Thun Hoon, 23/12/16)

IRPC

IRPC expects oil hedging will have no effect on 2017 earnings and expects crude oil price to increase to US$60. It expects 2017 profit to be better than 2016 supported by the 100% utilization of UHV project. (Kao Hoon, 23/12/16)

JMT

JMT announced it is buying Bt6.65bn in loans from AEONTS to add to its bad debt management portfolio of Bt110bn. It expects to buy more bad debt by the end of this year. It will focus on bad debt management and expects to maintain its No. 1 market share. (Thun Hoon, 23/12/16)

LPH

LPH targets 2017 revenue growth of no less than 15% after opening hospital center, which will add more than 30% to revenue. It has budgeted over Bt1bn in 2017 to build Ladprao Hospital at Lumlukka Klong 6 and to acquire another hospital. It expects 2016 revenue growth to reach target. (Thun Hoon, 23/12/16)

ORI

ORI has backlog of Bt13.5bn which it will book over the next three years. It reports sales of over Bt10bn. It plans to launch 8-10 projects worth Bt14bn in 2017. (Kao Hoon, 23/12/16)

PREB

PREB targets 2017 revenue to grow 10% on the back of Bt8.5bn work on hand. It plans to take part in Bt2bn bids, which it expects to cover revenue until 2018. (Thun Hoon, 23/12/16)

SELIC

SELIC targets revenue to reach Bt1bn from 2017. It expects double-digit growth in 2017 aided by expansion abroad with a focus on Australia and CLMV. It expects revenue from abroad to comprise 30-40%. It is budgeting Bt80mn for R&D and to improve production. (Thun Hoon, 23/12/16)

SPALI

SPALI plans to launch new projects worth Bt25bn in 2017. It expects this to increase its backlog from Bt35bn which can cover revenue until 2018. It targets 2017 presales of Bt24.5bn brought by high demand. (Thun Hoon, 23/12/16)

TISCO

TISCO buys SCBT’s retail banking unit. Tisco Bank and its sister firm All-Ways Company have acquired the retail banking business of Standard Chartered Bank Thai (SCBT) in a deal worth 5.5 billion baht. The move is geared towards improving market positioning and product coverage. (Bangkok Post, 23/12/16)

TKN

TKN expects 4Q16 earnings to mark a record high on the back of orders both at home and abroad. It expects exports to comprise 60% in 2017. It expects this to boost 2017 revenue growth by 20%. It expects revenue to reach Bt10bn in 2024. (Thun Hoon, 23/12/16)

TSE

TSE plans to invest in 2-3 solar projects in Japan to bring total capacity to 100MW from 40MW. It has Bt2bn in cash on hand. It plans to issue a debenture to increase its liquidity. (Thun Hoon, 23/12/16)

AMA

AMA will trade on mai market today and expects to trade above its IPO price of Bt9.99. It plans to use the funds of Bt1.1bn to expand its business. (Kao Hoon, 22/12/16)

BEM

MRTA will hire BEM to do the Blue Line extension and will take two weeks to collect the details. MRTA expects to send the proposal for the Taopoon-Bang Sue station to the cabinet on Dec 27. (Kao Hoon, 22/12/16)

CPN

CPN spent Bt1bn to open Central Marina in central Pattaya. (Kao Hoon, 22/12/16)

DELTA

DELTA plans to expand to Europe. It targets 2017 revenue growth of 10% from this year, supported by more demand. (Thun Hoon, 22/12/16)

FPI

FPI expects 4Q16 earnings to be good, supported by a 100% rise in new OEM orders and lower cost per unit, raw material cost and financial cost. This will bring 2016 revenue growth of over 10%, leading it to a new high for profit. (Thun Hoon, 22/12/16)

HMPRO

HMPRO spent Bt57mn to open a new branch in Northeast. It plans to open three new business arenas: HomePro Living, The Power Life and Bike Club. It expects revenue of Bt30mn per month. (Kao Hoon, 22/12/16)

HTECH

HTECH expects 2017 orders to double both in Thailand and abroad. It expects sales growth of 20-25% backed by high purchasing power in Singapore and Malaysia. It plans to build a factory in Vietnam to support growth in the future. (Thun Hoon, 22/12/16)

JMART

JMART expects 2016 profit growth of 40% to Bt452mn, supported by JMT earnings, which are rising after it acquired a stake in J Fintech plus government stimulus that will raise iPhone sales. (Thun Hoon, 22/12/16)

PDI

PDI approved the purchase of a solar power plant by subsidiary, PDI Energy. This plant has capacity of 5.25MW and will cost Bt477mn. (Kao Hoon, 22/12/16)

PERM

PERM expects a stock gain after steel price surged due to a drop in capacity in China. It plans to have a subsidiary do a solar rooftop with an Australian partner. It expects to get a PPA. It spent Bt300mn to increase capacity. (Thun Hoon, 22/12/16)

PLANB

PLANB targets 2017 revenue growth of 5% from this year, supported by customer expansion. It plans to do media in airports to expand revenue. (Thun Hoon, 22/12/16)

SCI

SCI expects 4Q16 profit of Bt110mn after net losses in the prior quarter. It expects to sign two contracts in Laos worth more than Bt13bn in 1Q17 which will give good earnings in 2017. (Kao Hoon, 22/12/16)

SMART

SMART expects 2017 earnings to be better than 2016. It plans to expand in ASEAN to get in on more demand. It plans for export revenue to reach 5%. It will launch decorative walls to support the property business. (Kao Hoon, 22/12/16)

TIPCO

TIPCO expects higher growth in 4Q16 QoQ supported by high season and government stimulus. It expects 2016 gross margin to reach 2% thanks to good growth for its Aura water. It plans to spent Bt400mn to increase Aura capacity to 300mn bottles p.a. (Thun Hoon, 22/12/16)

TOG

TOG plans to expand abroad and expects to finish a deal with a US partner within 2017. It plans to expand Rx Lens in China due to high demand for premium products and margin is good. It expects 2016 earnings growth of no less than 8%. (Thun Hoon, 22/12/16)

TSR

TSR has set up a JV company in Laos with JB group and plans to sell water purifiers and related products and will expand to electronic products next year. It has 19 branches and plans to launch new products. (Kao Hoon, 22/12/16)

UAC

UAC sets a three-year revenue target of Bt3bn and plans to expand its chemical power business. There is progress on the PPA in Myanmar and it expects to sign a contract by early 2017. It expects 2017 earnings of Bt1.8bn. (Thun Hoon, 22/12/16)

VINTCOM

VINTCOM plans to file for listing in 2Q17 and begin trading on mai in 4Q17. It plans to use the IPO funds to expand in Cambodia, Laos and Myanmar, with good growth potential. (Kao Hoon, 22/12/16)

ANAN The board approved to enter into a JV with SEAI5 in Japan to develop two condominium via its two subsidiaries. It will officially launch its project next year. (Kao Hoon, 21/12/16)

ARROW ARROW targets 2017 revenue of Bt1.6bn or growth of 10-15% from 2016 supported by revenue from construction of Bt400mn. (Thun Hoon, 21/12/16)

BBL BBL has a good news from Administrative Court, which issued an injunction at the request of Thai TV Co to pay the remaining auction fees and the Prime Minister exercised Section 44 of the interim constitution to extend the auction fee payment period for digital TV operators. (Kao Hoon, 21/12/16)

BIZ BIZ expects 2016 revenue growth of no less than 50-60% to reach Bt600mn supported by jobs on hand of more than Bt387mn. It plans to expand in CLMV, starting with Cambodia. It targets revenue of Bt1bn in 3-5 years. (Thun Hoon, 21/12/16)

CHO CHO will focus on truck maintenance business and plans to open a service center in Chonburi in Jan-Feb 2017. It expects revenue to rise to Bt400-500mn from Bt100mn in 2016. It targets 2017 revenue growth of 5-10%. (Thun Hoon, 21/12/16)

CI CI plans to set up an REIT, Sripanwa, worth Bt1.29-1.31bn, on Dec 23. (Thun Hoon, 21/12/16)

CWT CWT plans to bid for 80MW waste power plant from ERC which will open bidding by the end 2016 or early 2017. It expects to get more power plant project and continue to operate its plant. It sets 2017 target COD of 60MW. (Thun Hoon, 21/12/16)

DEMCO DEMCO has bid for jobs worth more than Bt2.4bn this year and plans to bid for more new jobs worth over Bt8.3bn next year. It expects to invest in power plants in Thailand and abroad. (Thun Hoon, 21/12/16)

EASON EASON plans to expand in ASEAN and expects export revenue to increase 25% in 2017. It has a budget of Bt40mn to increase capacity in Vietnam. Recently, it acquired 1mn APCON shares to bring up its revenue. (Thun Hoon, 21/12/16)

GFPT GFPT is getting a psychological boost from avian flu in Japan and South Korea. It targets 2017 revenue growth of 5-8% and expects 2016 profit to be good thanks to lower raw material cost. (Kao Hoon, 21/12/16)

GOLD GOLD sets 2020 revenue target at Bt25bn with a 2017 target revenue of Bt12bn supported by its backlog of more than Bt3bn. It plans to launch 21 new projects with a total value of Bt21bn. (Kao Hoon, 21/12/16)

HFT HFT targets 2017 revenue growth of 8-10% supported by more orders for cars and motorcycles and booking a full year of revenue from its business in Indonesia. It plans to expand in CLMV. It expects 4Q16 to be good, supported by high season. (Kao Hoon, 21/12/16)

HMPRO HMPRO has budgeted Bt570mn to launch a new branch, HMPRO Srinakarin, with an area of more than 20,000 sqm.(Kao Hoon, 21/12/16)

MAJOR MAJOR has budgeted Bt2.7bn for a tender offer for 428mn SF shares, 24.11% of the company’s shares, during Dec 21, 2016 – Jan 26, 2017. It expects to increase its shareholding to 49% to further its expansion. It has no plan to change the management team. (Kao Hoon, 21/12/16)

NDR NDR says that the slowing of setting up the JV with its China partner will not affect future earnings. It expects NDR-W1 to trade on Jan 2017. It has set a 2017 investment budget of Bt50- 100mn. (Kao Hoon, 21/12/16)

OISHI OISHI spent Bt241mn to open a new branch and renovate existing branches. It plans to open a new restaurant, OISHI Eaterium, to bring 2017 food revenue growth of no less than 10%. (Thun Hoon, 21/12/16)

SUPER SUPER is confident that it is financially strong. It plans to set up an infrastructure fund worth Bt12-18bn in 2Q17-3Q17. It has BBL to support loans of Bt27bn for investment. (Kao Hoon, 21/12/16)

TM TM has set 2017 target revenue growth at 20% to Bt700mn. It has signed an MOU to sell medical glue, which will bring in revenue in 1Q17. It expects 2016 revenue of Bt600mn and plans to do a JV with a foreign partner to produce medical equipment. (Kao Hoon, 21/12/16)

VIBHA VIBHA expects 4Q16 to be good supported by high season. It is confident that 2016 revenue will grow 10-15% with a margin of 12-13%. It expects 2017 revenue to grow more than this year. It plans to build a new building and will have area for rental. It plans to acquire businesses to support growth. (Thun Hoon, 21/12/16)

BEAUTY

BEAUTY expects to do a roadshow in ASEAN to attract foreign investors. It will make a final decision in 2017. It targets 2017 revenue growth of 20%YoY and is adding more than 50 new branches. (Thun Hoon, 19/12/16)

CPALL

CPALL is expected to benefit from government stimulus. Additionally, it will gain from subordinated bonds and branch expansion. (Thun Hoon, 19/12/16)

DTAC

DTAC targets to be the No.1 “Digital Brand” in 2020. It will use “blockchain” to develop Thai telecommunications, in line with the government’s Thailand 4.0 policy. (Thun Hoon, 19/12/16)

FSMART

FSMART expects 4Q16 earnings of Bt120mn or 15% growth. Since 7-Eleven has stopped selling AIS’s top-up cards, customers have switched to top-up machines. This is positive for the company. (Thun Hoon, 19/12/16)

ILINK

ILINK got a Bt203mn Provincial Electricity Authority job. The contract will be signed in January 2017. (Thun Hoon, 19/12/16)

JAS

JAS is planning to reduce capital with the 1.2bn shares bought during its share repurchase program after the ending of purchase period. (Thun Hoon, 19/12/16)

LH

LH plans to buy business abroad after buying The Yard, an apartment in Portland, Oregon in the US for Bt4.51bn. US investment / total assets are 14.9% as targeted. (Khao Hoon, 19/12/16)

MC

MC is ready for the “Shopping for Nation” package. It expects 2016 revenue to grow 15% with next year’s growth target at 15%. It is negotiating with partners to expand abroad. (Thun Hoon, 19/12/16)

PPS

PPS expects to get a high-speed train project. It is planning to expand its electricity customers. (Khao Hoon, 19/12/16)

PTT

PTT board approved its five-year investment plan worth Bt338bn. This is for infrastructure business and natural gas. It expects healthy growth next year due to higher oil prices. (Khao Hoon, 19/12/16)

SPA

SPA to benefit from “Shopping for Nation” package to drive 4Q16 growth. It expects to open a branch in Korat on Dec 19. In total, it has 30 branches in Thailand and one in China. It also expects revenue growth of 40%. (Khao Hoon, 19/12/16)

STEC

STEC gets higher backlog which will increase revenue and earnings. This was brought by the announcement that its JVs bid the lowest for the Yellow, Pink and Orange lines. (Khao Hoon, 19/12/16)

BTS BTS has outlined a five-year plan to increase its budget to buy land for its JV to Bt30bn and targets launching no fewer than 25 new projects with SIRI, worth more than Bt100bn. It targets revenue to reach Bt20bn within three years as more rail lines are opened. (Thun Hoon, 20/12/16)

CK CK plans to bid for new projects next year worth more than Bt450bn and expects to get 20- 25% of its bids, raising backlog to Bt126bn. It targets 2017 revenue of Bt35-38bn. It plans to expand business abroad, leveraging off its strong financial status. (Thun Hoon, 20/12/16)

DCORP DCORP board has approved a budget of Bt290mn to acquire 50% of a bio gas power plant in Suphan Buri from Akarawat Company. It reports progress on its solar farm in the Philippines. (Thun Hoon, 20/12/16)

EARTH EARTH expects sales in China to increase 20% in 2017. It targets 2017 sales volume to reach 12mn tons supported by customer expansion. (Thun Hoon, 20/12/16)

EGCO EGCO announced COD of Chaiyaphum Wind Farm capacity of 80MW operated by a subsidiary on Dec 16 and will start to book revenue. Its 2017 investment plan targets adding five new power projects at a budget of Bt21bn. These will add to future revenue. (Thun Hoon, 20/12/16)

EPCO EPCO board approved the purchase by subsidiary EP of shares in a natural gas power plant with a capacity of 240MW to further its planned listing of EP on the market in 2017. It targets 2017 capacity of 600MW, which will expand both revenue and profit. (Kao Hoon, 20/12/16)

GENCO GENCO targets 2017 revenue growth of 30%, supported by booking revenue from RDF phase 1, its property business and the first phase of its whole waste plant. It plans to acquire a power plant business to support revenue in the long term. It has set an investment budget of Bt300mn to build RDF phase 2, with COD expected in 2018. (Thun Hoon, 20/12/16)

KWG KWG board approved a capital increase of 704mn shares to be offered at rights of 1 old share to 3.2 new shares, priced at Bt2.63. It plans to use the funds to buy land on which to develop a condominium and also to repay debt. (Thun Hoon, 20/12/16)

MAX MAX board approved a capital increase of 69,952mn shares and a budget of Bt479.59mn to invest in two solar power plants in Japan with capacity of 3.87MW. (Kao Hoon, 20/12/16)

MDX MDX expects recovery in 2017, after passing bottom. It expects land expansion of 100 rai to pass EIA. It reports interest by many investors both Thai and foreign. It expects to set up a production base and book more revenue from power plants. It plans to JV with 2-3 companies to do renewable energy to support growth in the future and write off retained loss. (Thun Hoon, 20/12/16)

SAMART SAMART got a new job from EGAT worth Bt1.24bn. Throughout 2016, it reports new jobs valued at more than Bt3.22bn, including the nearly Bt3bn signed by SAMTEL. (Thun Hoon, 20/12/16)

SANKO SANKO has budgeted Bt30mn to increase capacity to support orders from abroad. It is negotiating to get a new job and expects some clarity in 1Q17. It aims to repair printers to reduce its cost by 10-20%. It targets 2017 revenue growth of 10%, supported by customer expansion abroad. It has no plan to sell its business. (Thun Hoon, 20/12/16)

SAPPE SAPPE sold its 50% stake in PT. Sappe Indonesia for Bt82.03mn. It expects to finish the deal in December. (Thun Hoon, 20/12/16)

SIRI SIRI targets 2017 sales growth of 30-40% from 2016 supported by more demand. It plans to launch a new project in the Wittayu area worth Bt8.2bn and for its JV with BTS to do no fewer than five projects. (Thun Hoon, 20/12/16)

TFG TFG targets 2017 revenue growth of 15-20% supported by production of more processed food. It expects more exports to Japan and Europe. It is confident that export volume will hit its target of 25,000 tons. (Thun Hoon, 20/12/16)

TMI TMI targets 2017 revenue growth of 20% supported by government jobs. It plans to bid for 6- 7 projects each worth Bt5mn. It plans to launch a backup battery business in February 2017. It expects its export portion to reach 50%. (Thun Hoon, 20/12/16)

VGI VGI expects 3QFY16 to be good, supported by government stimulus and high season. It expects FY2017 revenue growth of 30-40%. (Thun Hoon, 20/12/16)

AMA

AMA has an IPO price at Bt9.99 and expects to trade on Dec 22. It plans to use the funds for business expansion. (Kao Hoon, 16/12/16)

AUCT AUCT and TSF signed a contract to set up a JV company, Action and Auction Co.,Ltd. It expects to open on Jan 1 2017 and expects revenue of Bt100mn in the first year. It expects car bidding to reach 100,000 cars from the current average of 80,000 cars per year. It expects secondhand car growth of 8% and expects 2017 earnings to grow supported by more bids. (Thun Hoon, 16/12/16)

BJC BJC and BIGC set up a JV company, BIGC Services, to engage in the insurance business. It is waiting for OIC approval and expects to operate within 2Q-3Q17. (Thun Hoon, 16/12/16)

BTS BTS is ready to bid for the Orange and Grey Lines and expects to sign contracts in 1H17. The company and BSR expects BTS passengers to reach 2mn passengers/day in 2020 from 42,270 passengers/day now. (Thun Hoon, 16/12/16

CK CK-STEC got Orange Line contract 5 with the lowest offer price of Bt4.90bn vs. the mid-price of Bt4.92. This is on top of two other contracts with a total value of over Bt42.27bn. (Kao Hoon, 16/12/16)

EPCO EPCO has budgeted Bt509mn to acquire 10% more in SPP power plant capacity of 240MW in Samut Prakarn province. This will increase its shareholding to the planned 30%. (Kao Hoon, 16/12/16)

IVL IVL signed a long-term contract to buy raw material for its cracker plant in U.S. to produce ethylene which has capacity of 420k tons p.a. and propylene which has capacity of 20k tons p.a. (Thun Hoon, 16/12/16) NUSA NUSA targets 2017 target of Bt4bn. It plans to launch 10 new projects with a total value of Bt13bn, raising presales to Bt5.5bn in 2017. (Thun Hoon, 16/12/16)

NWR NWR targets 2016 revenue target growth of 5% backed by continuing to book revenue on hand. It targets 2017 revenue growth of 10%, supported by its backlog of Bt16bn, with more than 45% of this to be booked in 2017. It plans to bid for a new project worth Bt110bn and expects to get 5-10%. (Kao Hoon, 16/12/16)

PCSGH PCSGH got two new jobs with total value of Bt1.2bn. One is to produce automobile parts for export valued at Bt930mn for a period of seven years and the other to produce “Big Bike” parts valued at Bt260mn for a period of six years. (Kao Hoon, 16/12/16)

PSH PSH plans to diversify business. It has a budget of Bt0.5-1bn to expand hospital business and rental property to support its revenue. (Thun Hoon, 16/12/16)

PT PT targets 2017 revenue growth of 10-15% supported by the “Digital Economy” and internet in companies. It plans to acquire a start-up business and expects to get a license for credit card security service. It also expects to get an IT job in Myanmar. (Thun Hoon, 16/12/16)

SAMCO SAMCO expects 1Q17 to be better than 4Q16 supported by more jobs waiting to be booked and the launch of three new projects that will raise its backlog from more than Bt200mn. It plans to buy Pure Sammakorn Development and hold 100%. It will get rental revenue. (Thun Hoon, 16/12/16)

SKL SKL plans to list on the Laos Stock Exchange and expects to send the filing by the end of 2017 or early 2018. It expects to fund no less than US$10mn to expand its business and increase capacity. (Kao Hoon, 16/12/16)

SUPER SUPER plans to invest in a solar power plant in China with capacity of 20MW valued at Bt792.5mn. It expects to COD within this year to raise CODs abroad to reach 800MW as targeted. (Thun Hoon, 16/12/16)

TSF TSF expects to do an advertising billboard which has high margin and expects to turn around in 2017. It has cash on hand of Bt600mn and expects to use 20% to develop the new billboard. It has a new project which bring new projects in 2017 to two. (Thun Hoon, 16/12/16)

ADVANC

AIS offers fibre optic broadband for Bt990 a month. ADVANCE Info Service yesterday launched a flagship fibre-optic broadband service promising download/upload speeds of 100/10 megabits per second for less than Bt1,000 per month. (The Nation, 15/12/16)

AOT AOT plans to open bidding for Suvarnabhumi Phase 2 contract 4 worth Bt3bn on Dec 19 and announce the result on Dec 27. (Thun Hoon, 15/12/16)

BBL War of words over BBL’s TV guarantees. Bangkok Bank (BBL) is reportedly ready to pay Fox Networks Group Asia to comply with its obligations on two separate bank guarantees securing payments for distribution of Fox channels in Thailand by GMM Grammy Plc and CTH Plc, if Fox can prove its clients are violating the contracts. (Bangkok Post, 15/12/16)

BCPG BCPG will pay an interim dividend of Bt298.5mn or Bt0.15/share, XD on Dec 26 and payment on Jan 9 2017. It expects to finish the deal to acquire a wind power plant abroad soon. (Thun Hoon, 15/12/16)

CPF CPF restarts exports of poultry to South Korea at a volume of 15.20 tons after South Korea government lifted the ban after more than 12 years. (Kao Hoon, 15/12/16)

DTAC DTAC has the chance of getting a 2600MHz license when the NBTC opens bidding next year. It is competitive with ADVANC and TRUE, who are shouldering costs of more than Bt116bn for the 1800 MHz and 900MHz licenses. (Kao Hoon, 15/12/16)

ECF ECF targets 2017 revenue growth of 15-20%, the highest for 2-3 years. It plans to expand business abroad with a focus on AEC. It is negotiating to invest in solar farms in Thailand and abroad with clarification expected in 1Q17. It is confident that government stimulus project will support 4Q16 sales. (Thun Hoon, 15/12/16)

EFORL EFORL expects 4Q16 earnings to recover and expects revenue of Bt900mn supported by cosmetics and medical equipment business growth. Overall 2016 earnings seem to be bad due to the economic slowdown. However, it expects a turnaround in 2017 thanks to a strategy change and government stimulus. (Kao Hoon, 15/12/16) EMC EMC has budgeted Bt1.25bn to open a new community mall, which is expected to open by early 2017. (Thun Hoon, 15/12/16)

FPI FPI board has approved investing in SAVE Energy Holding to do a biomass power plant. It expects the company to register within 1Q17. (Kao Hoon, 15/12/16)

KCAR KCAR targets 2017 revenue growth of 10% supported by expansion in the secondhand market, from which it expects revenue portion to reach 48% from 45% this year. It has a 2017 budget of Bt30-50mn to expand sales centers with Toyota Sure and a budget of more than Bt1- 1.5bn to add more than 400 rental cars. It expects to stay in the top five in terms of market share. (Thun Hoon, 15/12/16)

LIT LIT targets 2017 revenue growth of 30% and expects loans to grow to Bt2.2bn from Bt1.7- 1.8bn in 2016. It expects 2017 NPLs at 2.75%, up from 2.5% in 2016. The company will keep NPL growth to less than 3%. (Kao Hoon, 15/12/16)

MTLS MTLS targets 2017 loan growth of 50% from this year supported by more demand and an expanded customer base. It has budgeted more than Bt100mn to expand its branches nationwide. (Thun Hoon, 15/12/16)

SSI SSI to present its rehabilitation plan to the court today. If approves, it will positive to SCB, KTB and TISCO, who will then be able to remove SSI loans from their NPLs. (Kao Hoon, 15/12/16)

STPI STPI expects 4Q16 earnings to recover on the continuation of booking revenue from jobs in hand. It will know the result of its bid for a big project, Pacific Northwest LNG in Canada, worth Bt20bn, next year. (Thun Hoon, 15/12/16)

SUSCO SUSCO expects high season to support sales growth of 5-10% from the normal season. It plans to add 2-3 service stations in 4Q16 and 20 stations in 2017 to reach its target of 250 stations. This will require an investment budget of Bt200mn. (Thun Hoon, 15/12/16)

TFD TFD expects to get revenue of Bt770mn in mid-Dec from its rights offering of 385mn shares priced at Bt2. It targets 2017 revenue of no less than Bt4bn and plans to set up an REIT worth Bt1-2bn. (Thun Hoon, 15/12/16)

TPOLY TPOLY expects revenue growth of 10% in 2016 and 10% in 2017 supported by more orders. It expects to get a new job worth Bt5.4bn to expand its backlog from Bt3.9bn, which will supply revenue through next year. (Thun Hoon, 15/12/16)

TRT TRT expects 2016 revenue of Bt2.6bn supported by its backlog of Bt829mn which will all be booked this year. It targets 2017 target revenue of Bt3bn. (Kao Hoon, 15/12/16)

WHA WHA expects 4Q16 earnings to be a new high after it booking Bt10.2bn revenue from the sale of assets. It expects WHAUP to issue its IPO in 1Q17. (Thun Hoon, 15/12/16)

ANAN

ANAN plans to launch 17 new projects to support growth next year. It has backlog of Bt41.3bn with Bt17.6bn to be booked in 2017. This will give 2017 revenue growth of 35%. It plans to issue a new debenture to refinance its current debenture and provide funding. It expects to conclude this next year. (Thun Hoon, 14/12/16)

APCO

APCO is confident that 2016 revenue will grow 10%. It expects to conclude a deal with one party for a commercial business this year, which will expand its market abroad and another partner is considering. It expects 2017 revenue growth of 10% and net profit margin of 25-30%. (Kao Hoon, 14/12/16)

BRR

BRR has budgeted Bt1.5bn to set up premium sugar factory. It expects this to operate within December. It plans file to set up an infrastructure fund in January 2017. It plans to set up an ethanol factory to support revenue. It targets 2017 revenue growth of 20-30%. (Thun Hoon, 14/12/16)

EGCO

EGCO expects to win the bid for Chevron’s geothermal power plant in Indonesia and the Philippines. The winner will be announced this week. It expects an ROI of no less than 10%. It plans to invest in five projects with total budget of more than Bt21bn. (Thun Hoon, 14/12/16)

FOCUS

FOCUS plans to focus on alternative energy, waste pond, and expects to conclude the plant location this week. It expects an ROI of 25-29%. It plans to set up a JV, FOCUS Vec Coperation Co., Ltd. (Thun Hoon, 14/12/16)

FPI

FPI and ECF to set up a new JV company, SAVE Energy Holding, to do a biomass power plant with total capacity of more than 27.3MW. Clarification is expected in 1Q17. It expects 2017 revenue growth of no less than 10%. It plans to set up a factory in India, with completion in March 2017 and is interested in setting up two factories in Africa and Europe. It has canceled the JV with ECF after losing the bidding for the power plant in the south. (Thun Hoon, 14/12/16)

GFPT

GFPT targets 2017 revenue growth of 8-10% supported by recovery in feed exports. It has set its 2017 investment budget at Bt1bn to expand its poultry farm by 20,000-25,000 chicks/day and a meatball and sausage processing factory expansion. It is constructing a McKey factory, which is expected to finish by the end of 2017. This will increase capacity by 25,000 tons/year. It maintains 2016 revenue growth target at 3-5%. (Thun Hoon, 14/12/16)

IVL

IVL has signed long-term contract with Targa Resources to buy ethane and propane gas. It has signed a contract with Boardwalk to supply raw material for a new cracker plant in the U.S. (Kao Hoon, 14/12/16)

KTC

KTC expects credit card spending to grow 15% thanks to shopping tax break. It plans to issue a Bt30bn long-term debenture (age more than 5 years). It expects to pay a dividend at no less than 40% of its profit. (Kao Hoon, 14/12/16)

LDC

LDC plans to diversify to the beauty business to get in on the higher demand and growth. It will provide further news next year. It expects 2017 earnings to recover supported by revenue from 31 branches. It plans no expansion, which will reduce costs. It expects service rate to reach 40% from 30% in 2016. (Thun Hoon, 14/12/16)

RJH

RJH targets 2017 revenue growth of 10-15% supported by a higher portion of revenue from cash. It expects to reach a proportion of 60% in 2020 from 52% now. It has a three-year (2017-20) investment budget of Bt600-700mn to build a nine-floor building for an MRI center and add 23 inpatient beds. It plans to increase foreign clients from 2-3% now. (Thun Hoon, 14/12/16)

SAWAD

SAWAD expects 2017 loan growth of 20-30%. It plans to focus on nano finance since there is plenty of room in that market. (Kao Hoon, 14/12/16)

TK

TK targets 2016 total loan growth of 5% supported by economic recovery. It has an investment budget of Bt20-30mn to open 5-6 new branches in Thailand and Cambodia. It expects 2016 loans of Bt7.75bn or growth 8% YoY with NPLs at 4%. (Thun Hoon, 14/12/16)

TOP

TOP expects to book a stock gain in 4Q16 thanks to the increase in crude price. It is confident that 2017 earnings will be strong backed by booking a full-year revenue from SPP power plant and LAB project. (Kao Hoon, 14/12/16)

ASK

ASK expects 4Q16 profit to be a new high supported by lower financial cost after retiring its high-interest loans of Bt6bn. It targets 2017 loan growth of 15%. (Thun Hoon, 13/12/16)

BEM

BEM targets 2017 revenue growth of 10% and expects to continue double-digit growth until 2020. This is backed by booking revenue from the Purple Line, the Sri Ratch Expressway and the Blue Line extension that will add Bt5-6bn in revenue per year. (Thun Hoon, 13/12/16)

BGRIM

BGRIM plans to list on the SET by 2Q17. It plans an IPO of 810mn shares. It will use the funds to expand in its clean energy power business. It expects capacity to reach 2,383MW in 2021. (Kao Hoon, 13/12/16)

BM

BM is confident that 4Q16 will have more orders from government and private entities, which will lift 2016 revenue growth more than 5%. It targets 2017 growth of 5-20% from B2B business and more construction jobs. It has backlog of more than Bt300mn from the Green and Red lines, with revenue booked in 2017. (Kao Hoon, 13/12/16)

BSBM

BSBM expects earnings to be good supported by higher steel price and more orders after China cut its capacity. It expects to get a new job and plans to find a partner to produce a steel product to support government projects. It expects 2017 revenue growth of more than 10%. (Thun Hoon, 13/12/16)

CBG

CBG targets 2017 revenue growth of 25% backed by existing products and expanding markets abroad. It targets revenue from exports to reach 50% within 2018. It is confident that 2016 revenue will grow 15-20% supported by the steady introduction of new products. It has a budget of Bt3.3bn to expand its can and amber glass production. (Thun Hoon, 13/12/16)

KSL

Administrative court has ordered OCSB to pay Bt28.83mn to KSL subsidiary plus interest of 7.5% within 90 days. (Kao Hoon, 13/12/16)

KTC

KTC’s 2017 plan is to focus on all business with an increase in credit cards and personal loans to 560,000 customers. It expects credit card expenditure of Bt0.19bn in 2017. It plans to issue a Bt30bn debenture to offset the expected rise in interest rate. (Thun Hoon, 13/12/16)

MALEE

MALEE expects 2016 revenue growth of 20% supported by domestic and export sales. It expects 2017 revenue growth of 15% and plans to book revenue from Mega Malee in 3Q17. (Kao Hoon, 13/12/16)

ML

ML expects strong loan growth in 4Q16 supported by government stimulus. It expects MIDA “Auto for Cash” to continue to grow, backed by more demand. It targets 2017 loans growth of no less than 20% and plans to increase the portion from nano finance to support margin. (Thun Hoon, 13/12/16)

NWR

NWR bidding for Bt5bn in government and private jobs. This will increase its backlog from Bt10bn which it will book through 2018. It expects 2017 revenue growth of 10%, backed by more jobs waiting to be booked. (Thun Hoon, 13/12/16)

PCA

PCA plans to set up a JV with a partner for a service business and expects revenue portion of 50:50. It plans to bid for more than Bt100mn in government jobs in 2Q17. (Thun Hoon, 13/12/16)

SAMART

SAMART expects to get a new job worth more than Bt1bn this year or by early 2017. It is continuing to bid for new jobs that will increase its backlog. (Thun Hoon, 13/12/16)

SITHAI

SITHAI plans to set up a new factory in Myanmar with a partner. It targets 2017 revenue growth of 5% supported by economic recovery and the booking of a full year of revenue from its factory in Hanoi. It has budgeted Bt1bn to buy machinery and set up a new factory in Vietnam. (Kao Hoon, 13/12/16) SPALI

SPALI booked revenue of Bt300mn from the new phase of Supalai Garden Ville Rayong. (Thun Hoon, 13/12/16)

TWPC

TWPC plans to diversify to the food business with a foreign partner. It expects 4Q16 to be a new high supported by high season and COD of 3MW biogas. (Thun Hoon, 13/12/16)

VTE

VTE targets 2017 target revenue of no less than Bt3bn supported by backlog of more than Bt3bn. It expects to write off retained losses of more than Bt139mn by operating profit and reversal of revenue from selling a coal mine in Indonesia. (Kao Hoon, 13/12/16)

WICE

WICE has budgeted Bt200mn to invest in a new warehouse to support customer expansion. It is confident that 4Q16 will grow supported by booking a full quarter of revenue from SEL. (Kao Hoon, 13/12/16)