AP’s 1H19 presales stood at Bt20.8b, +20% or 50% of Bt41.8b this year target, plans 23 new projects worth Bt27.265b in 2H.

Comment: What real estate crisis? Of course the question lies in whether or not the projects transfer

CPF expects windfall from ASF swine outbreak in Vietnam, sees swine price and sales volume recovery from supply jitters, sees no impact to production on closed-house farming.

Comment: I suspect that the pork players may actually run

CRANE reaffirms big jump 2Q from 19 cranes sold and rental revenue from heavy machineries for infra expansion, maintain Bt1.4b full year revenue target.

NOBLE plans 4 new projects worth Bt18b, including 2 condo projects in BKK worth Bt5.9b.

STEC target 14% revenue growth this year above Bt30b, expects to get more projects from current bidding Bt80b in 2H after new cabinet is formed, aims to keep backlog above Bt100k level at end of year.

Comment: Well it doesn’t hurt to potentially have Anutin being the Minister of Industry.

THANI rose 4.35% yesterday on rumors it’s being taken over by SCB at Bt7.2 each. More details at SCB analyst meeting today.

Comment: It’s the pieces of Thanachart Bank that are going to be interesting.

TRC wins irrigation projects in Chonburi province worth Bt1.8b, signs contract before end of-July, Bt3b out of Bt7.5b backlog to realize this year, expects additional projects to come in 2H from current Bt5b bidding

WHA upbeats 2Q earnings from higher utility sales on absence of maintenance shutdown, 80 acres land out of 266 acres backlog to transfer in 2Q, will realize Bt3b revenue from warehouse sales to Alibaba in 3Q, expects to sell Bt5.7b assets into REIT in 4Q, maintain 640 acres full year sales target.

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