AAV: expects AOT give nods on proposal to operate 24 daily domestic flights service from SIA to Chiang Mai, Phuket, Krabi, Suratthani, seeks to expand international flights from SIA to China, Vietnam, Myanmar & Cambodia before end of year.

AMATA: announced RO 83m shares 12.8554217:1, PO price to announce before September 21, subscription October 9, will use proceed to fin 2k acres Yangoon smart city projects in Myanmar.

Comment: Another RO…but ok this is for business expansion

BTS: affiliate co., Absolute Hotel Services (AHS) pull off from hotel management under brand U Zenmaya Phuket resort, effective at end of July 31 as Covid hurts.

Comment: Should hotel owners cancel their management agreements, the landscape then changes. 

DTAC: sets Bt 10b capex for 2H20, will add 4G-Time Division Duplex (TDD) stations to enhance flexible bandwidth to fix traffic congestion, expand coverage to accommodate remote working & relocation.

Comment: Wait AIS and TRUE are looking at 5G expansion and DTAC is still doing capex on 4G. DTAC’s business model is just to focus on postpaid customers, they know they can’t compete with AIS and TRUE in the pre-paid market.

GPSC: plans to submit petition for LNG shipper license before end of 3Q, aiming to feed gas to 600mw SPP to enhance competitiveness, will wrap up 1 oversea M&A before end of year.

KKP: revised up FY20 credit costs guidance to 205 bps from 140 bps to incorporate with potential losses from repossessed vehicles and higher LLP, expects recovery loan growth & higher NII 3Q from reopening branches and improving economy activities.

Comment: That’s a huge increase in credit costs (+46%) 

JMT: reaffirms solid 2Q from debt collection services, upbeats outlook from Bt 180b debt under management, allot Bt 5b budget to add sour loans late 3Q.

Comment: I am waiting for players like JMT and CHAYO to raise capital towards the end of the year to buy up all the bad debt that will be hitting the system

MINT: Anantara Hoi An resort, 22mi from Danang international airport, may suffer from social distancing order to curb outbreak.

THREL: Aberdeen Std (TH) cuts holding by 0.0597% to 4.9943% last Wednesday (Jul 23), SEC filing.

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