BAY tightens credit screening for consumer credit clients especially Gen Y who earns <Bt30k/month, see NPLs, aims to curb NPLs from cards & consumer loans within 0.3% from current 0.2%.
Comments: And should this generation of consumers lose access to credit which was freely available to the previous generation. Then don’t expect to see any decent consumer growth numbers.
CBG will announce FY20 business plans in March, expects wider margins this year from higher utilization rate and lower raw material costs , will report FY19 np on Thursday (Feb 20) Bt2.45b consensus
CSS target 10% revenue growth this year driven by recognition of backlog on hand from underground wiring projects, submarine cable and EEC infra projects, expects to win additional contract from 5G network expansion, will book full year contribution of 25% holding in 99.216mw Vietnam solar projects & 28% holding in 5mw Laos hydro powerplants.
MTC upbeat 1Q earnings from positive loan growth from wider market coverage from branches expansion, target full year loanbook +20-25% yoy.
SAT sees lower SG&A this year from absence of employee related expense, mulls to revamp production line to curb costs, will start to book revenue from US auto parts orders Bt300m p.a. from 4Q20 thru model lifetime (5-7 years).
Comment: Less overall business for Sat given the slowdown in the industry.
SYNTEC firms on Bt8.7b FY20 revenue target, Bt12b backlog to realize till end of-FY21, allots Bt100m budgets to add construction machineries.
Comment: SPALI was one of their key customers, with the real estate sector slowing/slowed/dead where will the good #s come from?
WHAUP signs MOU Provincial Electricity Authority (PEA) to jointly develop gas-fired & solar power in industrial estates.