ADVANC cleared the air with TOT over tower ownership produced during the concession period, agreed to rent tower from TOT for 10 years for Bt28b, expects Bt800m average annual cost saving p.a. from dispute settlement.

Comment: Small #’s but still a positive news for the company

AMANAH sees record high in 3 years in 3Q profit, with FY19 growth at 41%, may book Bt40m excess share premium as profit, to be added to FTSE Micro Cap on September 23.

AOT reports August passenger arrival +8.1% yoy, new midfield satellite concourse to cod in 4Q, will open bid for duty-free concession for DMK airport in 4Q19 and duty-free pickup counters at Suvanabhumi airport in 1H20, aims to raise non-aero revenue.

Comment: What tourism slowdown? Like I’ve said for a few months, the number of Chinese that will have passports will double from 100 to 200 mn by next year…

BJC cuts revenue growth target this year to 4-7% from 7-9% previous target after a large client can (packaging) orders and weakening econ, while BIGC remained solid.Tesco Lotus hypermarket to buy local vegetable products directly from farmers, bypassing middle-man, target 100% of products on shelf within 3 years.

EPG sees solid 2H on strong sales in Aeroflex, Aeroklas, EPP, supported by low raw material price, keeps 10% growth.

Comment: All about the margins here.

FTREIT invest in 19,692 sq.m. cold storage prod distribution center in Wang-noi, Ayudhaya worth Bt665m.

JKN strikes a deal to sell Ch3’s 8 drama series to TRA Media, a leading media co in Korea.

OSP sees positive earnings momentum 2H19 thru FY20 from contribution of new glass furnace unit and drink production plant in Myanmar, strong sales of vitamins drink, C-vitt.

PTTGC to build Bt3b plastic recycle plant with 45K ton/year capacity, COD April 2021.

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