FTSE rebalance today may see as much as Bt3.6b outflows, after FTSE All World cuts SET weighting to 2.98% from 3.05%, while FTSE SET index sees additions in CRC, DIF, ACE, BAM, RBF.

ADVANC signed JV Saha Pathana Group to develop fiber infra to expand corporate BB, data center, 5G solutions and cloud services for 112 factories in SPI industrial park.

AUCT anticipates strong 2H earnings from surging used cars traffic at auction yard, expand online channel to boost sales, firms on 10% revenue growth target.

Comment: Remember they benefit from the # of transactions, not the size of transactions.

EPG sets Bt300m budget for M&A, JV to expand downstream polymer products.

GFPT allots Bt1.2b to up capacity and revamp poultry production line to capitalize opportunity from tight supplies as Brazil affect from C19

Comment: 2021 should be a decent year as their production line that caught on fire should be up and running again. And if chicken prices continue to recover, I wouldn’t be surprised to see a decent story written about them.

PLANB upbeats 2H earnings from recovery demand for out of home media after hit by lockdown in April, maintain Bt5.9b full year revenue target.

PTG’s firm on 10-12% EBITDA growth this year, after seeing recovery in sales starting to pick up from May, but have cut capex to Bt2.5b from Bt4.5-Bt5b to maintain cashflows.

Comment: One of those few companies in the country that are still growing. 

ROJNA expects to bk investment gains in GULF and FLT in 2Q, 2k acres industrial land in EEC to support recovery.

SC expects 2Q sales topped Bt5b from SDH projects, 50% of Bt6b backlog to realize in 2H, maintain 2H launch plan 7 horizontal projects worth Bt7.5b, firms on Bt15b full year revenue target.

SPALI launches Bt1.25b Balmoral Quay 5th phase in Australia, a townhome and condo projects.

Comment: Australia? What. Ok…for Thailand what’s interesting is that sdh and th’s should see an uptick for the next 12 months, and the weaker players should be kicked out of the market. So the # of competitors reduce, demand flat. SPALI/LH etc should get market share.

TEAMG signed 7 consultancy contracts in April-June total Bt151m.

VNG announced RO 223.85m shares, 7:1 at Bt3.75/share (previous close price Bt3.26), for working cap, expand solar rooftop and biomass powerplants to curb costs, expand particle board sales via modern trade channel, XR Jun 24.

Comment: I expect to see more and more recaps

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