ACG upbeats 3Q earnings from debut of 2 car dealerships in Phuket & Krabi and additional 5k sqm capacity from auto service center.
COL sees 3Q turnaround from wider margins and larger rev from housebrand stationary products sales.
LPN opens presales of Bt1b Lumpini Tower Vibha-Jatuchak (Tower B).
Comment: They have been struggling for 5 years now to generate the same sales as per the past.
MCS signs contract Thai Obayashi Corp to supply 6.7k tons steel module for O-NES tower pj adjacent to BTS nana station.
Comment: So has the owner bought back all the shares he sold when the share price was in the 20s?
MJD’s firm on Bt11b presales, plans 2 condo pjs worth Bt3.4b.
MITSIB to branch out from Taxi hire-purchase to factoring loans to capture demand for liquidity & working cap from SME and contractors, expects to grant Pico Fin & auto loans operation license w/in 2mth, t/g cod in 4Q.
Comment: Another IPO flop and the new businesses are unlikely to have a serious dent on MITSIB’s #’s for the next few years
NWR m/t Bt18b new pj t/g this yr after achieved Bt9b in 1H, 55% of Bt14b backlog to realize this yr, expects to win additional TH-China rail pj from current Bt11b.
PTTOR, non-listed unit of PTT, in jv with KBZ group to invest in oil & gas depots in Myanmar to be ready in 2021.
PTT urges new Energy Min to float NGV and LPG prx.
SKE reaffirms rec high profit this yr >Bt110m driven by full qtr recognition of 9.9mw biomass pp in 3/4Q, full yr contribution on compressed biometane gas (CBG) station in Nakhonratchasima province, seek to expand station in Northeastern area away from pipeline, will finalize plan in Aug.
SORKON sets up a JV in Myanmar to operate a meat processing plant with Bt60m investment.
Comment: Cheap on asset value, but it’s never been able to go beyond its current business.
SUPER sets subscription date for SUPEREIF from Jul 22 to Aug 5, max 515m units @ Bt10.
Comment: A decade later it happens!
TK to sell Bt400m CD to expand micro fin & vehicle HP in CLMV, will open 1st branch in M’mar in Aug, t/g 3 outlets by eoy.