AAV: is expected to report wider margin qoq from low hedging on jet fuel as avg price 2Q stands at US$ 95/bbl vs US$ 106/bbl in 1Q, tailwind from strong cabin factor during Songkran holidays boost earnings, tabloid.

AH: credit rating upgrade to A- from BBB+, stable outlook at TRIS Rating.

GLOBAL: anticipates mediocre 2Q earnings on seasonal and pressure from falling steel price, allot Bt2b capex to revamp online platform, add 7 branches domestic & 5 stores overseas.

NER: maintains 500k ton full year rubber sales volume target from 440k tons FY22, upbeat outlook from improved selling price on recovery demand from China, upside from larger EV supply chain in Thailand.

SAPPE: mulls revise drinks formula to avoid impact from sugar tax hike in Philippines next year.

Comment: The numbers they have in PH are small atm, minimal impact to the group, and they know how to deal with sugar taxes from their time in Thailand.

STARK: local fund, BBLAM, cuts holding by 0.3196% to 4.6848% on Jun 20.

Comment: I know the folks running BBLAM, good people, not laughing at this, sad to see.

ZEN: sees qtd SSSG >10% yoy from strong dine-in traffic on improved tourism, expects wider margins on lower raw material costs, sets Bt250m capex to open 40 QSR branches, 15-20 franchise outlets in 2H.

Comment: That’s because of the low base effects last year, so this is still in play for another….2 quarters.

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