AAV sees 4Q average load factor back >80% from 65% in 3Q, Chiangmai, Chiang Rai & Nan logged 90%, 42 aircrafts out of 62 entire fleets on operation, 4Q ticket price QTD +10-20% from Bt996/ticket in 3Q.

Comment: Yup though ticket prices are far higher than 996 on the weekends. Rumours have it though that they will be announcing another buffet deal.

BANPU to wrap up acquisition of gas-fired powerplants in the US 1H21, while realizing revenue from 2 wind-farm powerplants in Vietnam and solar-farm Japan.

Comment: It’s the coal price movement I’m more interested in. They’ve increased +20% (indo + oz) in the past 1-2 months.

BCPG sees 30-40% EBITDA growth next year, after 20% this year, sets Bt18b capex for M&A for immediate revenue recognition.

NRF raised holding in City Food to 100% from 15%, expects benefits from larger products portfolio thru Classic Thai’s seasoning, stir fried sauce, soup and Shinpo soy milk.

Comment: If you believe that people are going to eat “plant-based foods” this is the only direct play in Thailand. Question….aren’t cows plant-based?

PTG sees MTD November gasoline retail sales +10% mom or 340m liter in October, anticipates momentum thru holiday season, Bt4b capex to expand branches & expand non-oil business.

Comment: #2 in # of stations, catching up with PTT quickly, volumes they should be in top 3 by this year, if not #2 (note last year they were #5).

TNP upbeats 4Q earnings from +SSSG at supermarket upcountry as international travel still banned, expects tailwind from SSO welfare card, shopping subsidy and domestic travel stimulus boost consumption on holiday season, firms on 15% revenue growth target.

UNIQ’s executive director, Wirat Rongrotsangtit, bought 2.625m shares at Bt4.92 average last Thursday, November 26.

Comment: Just thought this is interesting, I thought that the company at one point had the opportunity to win concessions.

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