ACG to open 3 new FAST FIT in BKK from late November, to complete total of 6 by end of year, plans promo in 4Q to boost sales, which should be better yoy overall.

Comment: Not to be confused with a gym name, Fast Fit is their version of B-Quik/ACT

ASIAN to list its subsidiary, Asian Alliance International (AAI), by 4Q22, to raise fund for tuna processing plant for consumption and petfood.

CPANEL sees high demand for precast concrete in 3Q and plans to sign 4 projects contracts worth Bt190m in 4Q and to repay debts to lower D/E, keeps 30% revenue growth target this year.

MAKRO’s expected to complete Lotus asset transfers within 3 weeks, plans PP and PO to boost free-float and eyes SET50 and MSCI inclusion next year.

Comment: Again I’m just expecting to see a DELTA Part II

MTC sees limited impact from Consumer Protection Board’s plan to cap interest rate for leasing at 15% p.a., confident in biz model in expanding branches and debt collections, firms on 30% average growth in loan ports. Brokers see 3-5% impact on MTC, SAK, SAWAD earnings, but NCAP and AMANAH to see more severe hit, while no impact on SINGER, THANI, AEONTS, KTC.

Comment: This news started spreading around at the beginning of the week…I am not sure the Consumer Protection Board could push such a massive cut through, but wouldn’t be surprised to see a staggered decline over years implemented…

SPALI sees recovery in real estate business in northeastern , plans the 8th projects in Korat, Supalai Primo (horizontal) worth Bt800m, pre-sales October 23-24.

TOP sees demand for jet fuel to rise by 70m liters/month to 200m following November 1 opening, mulls ramping up jet fuel output from current 8-9%.

TPOLY’s expected to secure new contract in late October, adding to the current Bt1.5-1.8b backlog, mulls diversifying ports to boost future growth.

Comment: Talk talk talk, no action.

VL sees 60% rise in local oil transport traffic on November 1 reopening, boosting 4Q earnings, while oversea transports are at 100% capacity, 13 fleets with total 41,000 dwt.

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