BBL

BBL Asset Management sees Bt6.4b fundflows into SET if MSCI raises weight from 2.5% to 3%.

Comment: This matters for the whole market, currently NVDR’s are not part of the MSCI calculations.

BEAUTY

BEAUTY teams up Carrot Mall to expand online sales and general trade channel in China, 5 SKUs of Beauty Buffet prod approved by CFDA, reaffirms big jump this year.

IVL

IVL buys 100% stake in the largest PET bottle producer in West Africa, Bevpak (Nigeria), capacity 18,000 tpa, transaction to complete within 1Q.

Comment: COOKIE MUNSTERRRR

MGT

MGT in talk JPN partner to jointly invest in special chemical production, finalize deal this year.

NPPG

NPPG expects solid turnaround this year from improved QSR, packaging business and larger distribution network on ready meal product, eyes 25% revenue growth this year.

PSH

PSH expects 10% impact from LVT measures effective in April, 4 condos (The Tree) worth Bt5b kick-off transfer 1H, will realize Bt16b backlog this year.

Comment: There’s still a lot of questions out there, and you’re seeing developers dumping prices specifically NOBLE to try and ensure they can delever the balance sheet

SIRI

SIRI plans 28 new projects worth Bt46.6b, sets Bt36b pre-sales target with Bt32b transfers, from Bt63.5b backlog, of which Bt15b to be booked this year. To issue Bt5.5b debentures this year to fund Bt5b in land purchases.

Comment: A lot of developers are still planning to go full steam. I still have question marks on SIRI’s real numbers

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