AAV: Stock jumped 8.4% y’day after Cabinet approves tourism incentives that starts from Oct 29th to Dec 15th. (Hoonsmart)

Comment: Low oil prices, forget Chinese, #’s of flights and occ are still good.

ADVANC rolls out campaign and smart living pdts to boost sales at Thai Mobile Expo event Oct 23-26, debut new service, AIS Care+ & AIS Screen Care in the event.

DELTA’s core profit may have risen to a record high in 3Q, bolstered by surging demand for AI data centers, with AI power supplies and cooling systems will support sales growth over next 3 yrs, said analysts via Bloomberg. Bt5.57b consensus.

Comment: First covid, now AI, DELTA continues to benefit.

BC sees OCC rate at Novotel Chiang Mai Nimman & IBIS Chiang Mai Nimman exceed 80%, expects +ve trend carry thru new year thru all 12 ppty under mgt (BKK, Pattaya, Chiang Mai & Phuket).

Comment: Seems to be continuing to perform. But they need to keep recycling assets, and one wonders with interest rates not on a sharp downward trend, can their model be as successful?

BCP to tender for the rest of BSRC via shr swap between Oct 24 – Nov 27, before delisting BSRC frm the SET, at 1 BCP for 6.5 BSRC (par value of THB 4.9338 per share).

Comment: Another merger

BGRIM: The Co aims to expand EPC work to increase its power transmission system base and to attract global businesses that focus on Net Zero goals. (Thunhoon)

Comment: Have they not received the note? Even Bill Gates said this is stupid.

KBANK (+Bt1,445m) and SCB (+Bt590m) recorded the most foreign net inflows via NVDR ysday.

MINT: The Co has established 4 new subsidiaries under the name Ocean Gate Hospitality (TH), Sunnies Universe (TH), MHG Real Estate Desaru (MY) and Minor Food (IN). The funding for these four newly established subsidiaries was sourced entirely from MINT’s internally generated cash flows. (Kaohoon)

Comment: Well there we go…let’s see what MINT can put together.

S: The property developer joins hands with TTB-CBRE to signs a lease agreement for office space at S-Oasis project, covering a total of 10,000sqm and aim to transform Vibhavadi Rangsit into a future workplace hub. (Hoonsmart)

TTW upbeats 2H erngs frm higher prft sharing frm CKP hydro power on seasonal, strong tap water sales vol and wider margin frm lower electricity cost as electricity a/c for 30-35% of pdtn cost.

PM Anutin asked Deputy Fin Min Vorapak Tanyawong for a written response to allegations that he’s linked to Southeast Asian scam networks.

Comment: Is the PM jealous that he wasn’t included in this scheme?

Civil Aviation Authority (CAAT) rpted more than 255 airlines submitted flight slot request for winter schedule, SIA 127 airlines, DMK 17, Phuket 68, Chiang Mai 30, Samui 2 and U-Ta-Pao 11.