ADVANC sees 5G subscribers exceeding 15m by end of year, on optimism of election, boosting spending and tourism, sees no impact from MFP led coalition to its takeover of 3BB.
Comment: Undoubtedly their position is secure as the #1, no wait #2? player in the country.
BEM sees positive ridership momentum continue from avg 500k trips/d logged in 1Q supported by schools opening semester, additional traffic after cod Yellow line MRT in Jun, upside from Lumpini station from cod of One Bangkok mixed-use project later this year.
GLORY will launch online game business in 2Q, seeks to branch out from online publishing to media, tech & healthcare for new S-Curve, eyes 20-25% full year revenue growth target.
Comment: It’s a small company, I have doubts on this being successfully, but if it does – a tiny tiny tiny possibility, the optionality on the upside from here is massive
HEMP: ticker changed to HEALTH, company name remains unchanged, effective today.
Comment: Add this to your POS POS POS list.
KTC sees card spending expand in 2Q driven by travel & leisure during Songkran holidays, parents spending ahead of schools restart, aims to curb full year NPL below current level 1.8%.
QTC sees 15% revenue growth to Bt1.4b this year, from Bt1.2b yoy, despite 1Q loss, on EV charger business, transformer and solar power panels.
RS upbeats 2Q earnings from strong events & entertainment business, improved rating at Ch8 news channel and contribution from new pet care business (RS Pet All), mulls spin-off RS Music to expand entertainment business, will appoint FA by end of 2Q.
Comment: They’re running out of new businesses to pivot to.