ADVANC targets 30% revenue contribution from new S-Curve in 3 years, and 70% mobile business, sets Bt20-30b capex p.a., firms on support from GULF for its virtual bank business.

Comment: Name me 1 virtual bank that makes money, none, but pivot this to name me 1 digital wealth management platform that makes money – this is easier…followed by…the players that make the software for these “digital” banks…

CRC in talk to buy 60% stake of 83 malls operator in Vietnam, Vincom Retail, from Vingroup, Reuter.

Comment: So it’s singapore (capital land) vs TH (central group) for the control of VN retail. This wouldn’t just be CRC, it won’t probably be a combination of the all the entities within CPN.

EA sets Bt10b capex to build more EVs and batteries, increase solar power capacity and produce more biofuel for aircraft. It unveiled yesterday EV Smart Building with 578 EV charging outlets installed at Rama Hospital’s carpark.

Comment: Ok…and they’re making $ from this by?

ESTAR targets full year revenue @ Bt1.7b supported by Bt800m out of Bt1.7b outstanding backlog pending to realize, 3 new launch this year total Bt4.15b, 2 low-rise projects (QUINTARA Huay Kwang & Phrom Phong), 1 high-rise QUINTARA Poh Ni Mitr.

IVL targets full year PET sales volume at 15.4m tons, full year EBITDA within US$ 2-2.1b, seeks to expand downstream via M&A F&B packaging & personal care products to boost margin.

Comment: Margin game, let’s see how their margins perform over the next year,

MAKRO sets Bt27.5b capex for retail, wholesale, Makro and Lotus expansion, with plan to adjust shopping space at Lotus to become Smart Community Center.

SABINA acquires 77.33% stake in MODA SBN an authorized retailer & distributor of Sabina products in Philippines to strengthen foothold & expand customer base overseas.

Comment: It has been fascinating to watch Thai companies expand regionally over the past decade.

SNNP rolls out Lotus crispy chicken skin snacks to penetrate in to premium mass market.

Comment: Continues to impress.

TFG reassures 15% full year revenue growth target driven by strong chicken & swine sales on reopening, allots Bt3.5b to expand capacity.

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