AAI: ASIAN’s pet food unit, Asian Alliance International, debut IPO 637.5m shares at Bt 5.55 apiece, Tisco & UOBKH joint-leads.
Comment: And that’s how you do an IPO pump.
BBL: expects FY22 loan growth near double digits vs 4-6% previous projection, target 2-4.5% for FY23 (1-1.5x of FY23F GDP growth), NPL & provision likely to lower next year.
Comment: Well hello loan growth and expanding NIMs
PRM: reaffirms big jump 3Qnp from 100% utilization of tankers, strong operation from offshore support for PTTEP, additional VLCC acquired in September and gains on disposal of 2 vessels, expects positive momentum continued 4Q on Oil & Gas transport on high season.
Comment: Rather flummoxed that it has yet to pump.
SNNP: launched functional drink, Jele Beautie Acai Berry, rich lutein & vitamin A to relieve eye fatigue & improve vision, target office workers.
VRANDA: launched 13 units branded residence projects, Veranda Pool Villas Hua Hin-Cha Am total Bt 400m, presales kickoff within 4Q.
Comment: Should be an easy sell for this co.