DRT
DRT expects sales this year to be better supported by the recovery in the construction material and real estate markets as the government continues to inject investment to help stimulate the economy. The company plans to launch new products and expand in markets at home and aboard. (Kao Hoon, 13/01/15)
Comment: We do wonder aloud when DRT’s numbers will improve, market share wise they are still dominant thus any recovery in their earnings would demonstrate growth again upcountry

DTAC
DTAC opens new service center located in the basement floor of the Big C V Square Plaza, the commercial heart of Nakorn Sawan. The new service center is expected to help meet the needs of customers located in the lower north provincial region. (Kao Hoon, 13/01/15)

EA
EA expects 2015 earnings to double 2014’s expected profit of Bt1.6bn supported by its 90MW power plant project located in Lampang, which should start selling electricity by the end of this month. It will also invest Bt18bn to develop a new power plant in Pitsanulok and one in the southern region with a total capacity of 126MW. (Thun Hoon, 13/01/15)
Comment: There’s no surprise on what is happening with EA’s earnings, they have everything laid out for the next 3-4 years. The problem is that the stock price is already full valuing everything.

ICHI
ICHI sets net profit target growth of 10-15% this year supported by revenue expected to exceed Bt600mn. It will focus on increasing its production capacity and launching new products in markets abroad. It also plans to reduce the OEM type of work and focus on cost management. (Kao Hoon, 13/01/15)
Comment: I do wonder what happened to their supposed indonesia expansion that was all over the news last year.

KC
KC sale results in SET probe – SET-listed developer KC Property Plc’s major shareholder and president, Chai Ngamarchariyakul, and his group will sell a 58.76% stake to an investor for Bt1.34bn. However, the SET yesterday suspended the stock from trading, as the company had not provided required information including the buyer’s profile, business and management structure after the acquisition as well as details regarding the tender offer. (Bangkok Post, 13/01/15)
Comment: It looks like another buyout in the market.

LDC
LDC sets revenue growth target of no less than 10% this year. It plans to launch 10 new branches with the majority to be located in the provinces to prepare it for the opening of AEC. It is also undertaking studies on business opportunities in Myanmar, Cambodia and Laos. The company has budgeted Bt10mn for each branch. (Kao Hoon, 13/01/15)

MATCH
MATCH sets revenue target growth of 10% this year supported by the pick-up in the economy and political stability which should help support its movie equipment rental, TV program production and movie advertising businesses. It also plans to acquire several small businesses in the movie rental equipment segment. It expects one of the deals to be closed within 1Q15. (Kao Hoon, 13/01/15)

OISHI
20% growth expected — OISHI expects food business revenue to grow to Bt8.7bn this year, up 20% from last year’s expected revenue of Bt6.8bn. It will also invest Bt600mn to open 40 new branches and expand more into international markets, especially in Cambodia. (Kao Hoon, 13/01/15)

PTT
Fuel sold cheaper to The Transport Co. — PTT says the selling price for its fuel to The Transport Co., Ltd. will be lower than that sold to service stations by Bt1.00/liter to help support their business. (Kao Hoon, 13/01/15)

RCL
RCL signals that 2015 will be a strong year supported by the decline in oil prices and its aggressive expansion plans. The company plans to increase the number of shipping routes and be more selective on container goods to help increase profit. It expects the economic recovery will help support the shipping business. (Thun Hoon, 13/01/15)

RICHY
RICHY: 2015 revenue growth of 10-15% supported by its backlog of more than Bt700mn that should all be booked this year. The company is also speeding up on its development of “Rich Park @ Chaophraya” project. It expects to start realizing revenue from this project of ~Bt700mn as early as this year. It plans to launch a new condominium project on Soi Nana to target foreigners. The company will invest Bt2.5bn to acquire new land located close to mass transit lines. (Thun Hoon, 13/01/15)

RS
RS set to double net profit as digital TV gains viewers – SET-listed RS Plc, one of Thailand’s biggest entertainment providers, expects to double its net profit to nearly Bt700mn this year with the rise of digital TV. The company plans to generate overall revenue of Bt4.6bn, with 80% coming from media business and 10% each from music and show business. Net profit in 2015 is expected to set an all-time record, with the net profit margin approaching 15% or Bt690mn million baht. (Bangkok Post, 13/01/15)
Comment: RS and WORK are the main winners in the digital TV scheme, their ad rates should be far higher in 2 years from today.

SAMCO
SAMCO expects 2015 revenue to double from last year’s expected revenues of Bt1bn driven by transfers for its condominium project, S9. The company also plans to launch two new projects worth around Bt2bn that will increase its current backlog of Bt750mn. The company expects to book revenue from its backlog through to 4Q15. (Thun Hoon, 13/01/15)

TSR
Signs on water purifier distributor — TSR has signed a contract appointing Rural Small Scale Industry Development Co., Ltd as its water purifier distributor. The CEO said that 4Q15 earnings will be strong supported by the pickup in the economy and with the start of revenue booked from its Office Mate, modern trade and air conditioner businesses. It is confident that revenue will reach its target of Bt1.2bn in 2014 and increase by 30% in 2015. (Thun Hoon, 13/01/15)