BAM anticipates 2H turnaround from NPA auctions in 3Q, Bt7b backlog to realize this year, firms on Bt12b revenues target. Comment: No auctions have taken place, hence their absolute rubbish #s ERW cuts this year capex to Bt500-700m from Bt1,400m, cuts costs to fight pandemic. Comment: If # of hotels drop, can we see a […]