ADVANC: The Co is expanding its Data Center and Cloud businesses to capitalize on Thailand’s emergence as a regional digital hub. It has partnered with BLAND to transform Muang Thong Thani into a 4,000-rai Smart City and plans significant investment in digital infrastructure over the next 12 months.

Comment: Well that ‘s interesting for BLAND – plenty of land, it was a casino play at one point, perhaps this is better?

BEM: The Co is gaining institutional and foreign investor interest on emerging 2H catalysts, including the integrated ticketing policy, Double Deck expressway progress, and potential new infrastructure projects. The Streets view it as a defensive play with strong fundamentals and a solid recurring income base.

Comment: BEM > BTS as an infra play.

BTSGIF: Reported Jun skytrain ridership (Green line) at 15.7m trips +1.4% mom, -2.9% yoy.

GULF holding reported big-lot sale size 16.35m shares at Bt62/share, or 4% (vs. last close at Bt63.5), totalling to c. Bt1bn, to institutional investors on 14-Jul. GULF holding still holds 4% of total GULF TB shares. 

Comment: After attending their event last week, I presume it was Capital Group.

GUNKUL: The Co has announced plans to forge new business partnerships aimed at supplying clean power to overseas investors in the AI industry. The initiative underscores Thailand’s ambition to position itself as a global hub for AI and its supporting infrastructure. The mgmt said the Co’s strategy builds on its core expertise in renewable energy, equipment trading, construction services and power plant operations.

Comment: As they’ve said many times since last year…

MTC: upbeat 3Q earnings thanks to improved credit quality, mkt penetration upcountry and larger proportion of small ticket size secured loans (auto/motorbike title loan) that provide better risk-adjusted return than P-loan.

If this has helped you, please consider donating and buy me a Somtum Waffle 🙏🧇