AOT to announce winner of auction of duty-free contracts for provincial airports at 10am.

Comment: It’s going to be fun!

BAY’s Krungsri consumer suspends nano finance lending, Taokaetanjai program, sees NPLs accelerates.

BDMS teams up Viriya insurance to provide health protection for upscale clients, seeks to add more insurance clients in portfolio.

Comment: The government is starting to become more serious on the pricing of medicines. As an investor I hate it, as a person that may have to visit one of their places, I’ll be happy if they are able to get things in order.

BTS will bk Bt4b one-off gains from assets sold in 2H, expects full year skytrain riderships +4-5% yoy from larger network, mulls to bid for Bt120b Orange line contract

Comment: It’s a quasi real estate investment co

GUNKUL in talk CP Holding for grounding projects for hi-speed rail connecting 3 airports worth Bt300m, will bid for submarine cable and power distribution projects combined worth Bt6b in 2H, target to win at least Bt 3b, lifts backlog to Bt10b by end of year.

PLAT reaffirms solid turnaround 2Q from recognition of The Market Bangkok mall phase 1, target to re-price rental rates by 3-5% pa., eyes 25% full year revenue growth target.

Comment: It’s their new mall opposite central world where question marks remain giving the lack of foot traffic

SMPC sees strong 2Q on higher selling price and sales, as steel raw mat costs fell 5-10%, allowing margin to stay above 10%, confident of selling 8m LPG cylinders and Bt5b rev this year, sets Bt400m capex for 51% JV in Africa within 3Q.

TOA sees strong 2Q on expansion at home and abroad, to open new plants in Myanmar and Cambodia in 2H, boosting overall capacity to 102m gallons p.a., confident of Bt18b revenue, 10% growth

Comment: And perhaps with the fall in oil prices their margins will look better

UV board approves plan to sell 39.28% stake in GOLD to FPT via tender at Bt8.5 for Bt7.759b, expecting to book Bt2.463b gain and pay special dividend.Comment: Left pocket right pocket

  1. BTS “Comment: It’s a quasi real estate investment co”

    Interesting comment. Do you ever seem them disposing of/floating the real estate business and concentrate on their core transport operations?

    • Not anytime soon despite the recent transaction to STEC. They get cheap funding to buy all the real estate they want throughout Thailand and Europe.

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