Mobile operators expecting to recovery 2H from absence of price war and unlimited data packaging, ADVANC & DTAC FY20 yield should stay above 3%, Tabloid.

AH sees 2H turnaround from larger OEM order from Nissan after shift productions from Indonesia to Thailand, expects higher revenue contribution from Nissan from current 4%, sees positive utilization rate 3Q as Toyota, Honda, Isuzu resume productions, aims to curb costs to boost margins.

ANAN sees strong 2H with 5 condo projects worth Bt20b up for transfers, after already secured Bt9.2b presales in 1H, or 50% of 2020 target of Bt16.6b.

Comment: At what cost to margins?

AOT is unlikely to post losses in the current fiscal year, ending September 30, despite the devastation caused by the pandemic, says its president.

Comment: hahahahahahahahahahahaha. Laughing aside, yes its possible because they still had passenger from October 2019 to Feb 2020.

Office of Trade Competition Commission (OTCC) has asked CP Group to submit more documents concerning the group’s mega-deal to acquire 86.9% of the Thai business of Tesco and 100% of the UK retailer’s Malaysian business.

Comment: I wouldn’t be surprised to see the OTCC go against the deal when CP Group can’t raise the financing

FSMART target installing 1-2,000 fuel vending machines in communities this year, target 2m liters sales per month.

Comment: Back to basics, note I continue to think they are growing at the cost of returns.

JMART JV deal KB Kookmin Card to complete before end of 3Q, enable corporate to leverage fin knowledge and tech introduced by KB, exposure in investment & insurance products.

MONO revamps DTV prog, cuts movies & add news prog to boost rating, expects positive momentum 3Q as people spend more time at home.

Comment: No, they’ll fail.

SCB set up digital business subsidiary. Purple Venture, to develop e-market place platform, initial focus on food delivery service.

Comment: So they’ll go up against ebay, alibaba, shopee, lazada, central online. etc etc someone send them some Peter Thiel interviews to read/watch.

TCAP: Krungsri AM (KSAM) cut holding by 0.2593% to 4.955% of total outstanding last Friday (July 10), SEC filing.

UTP: Bualuang AM (BBLAM) cut holding by 1.2307% to 3.8028% of total outstanding last Wednesday (July 8).

Comment: That’s quite an reduction in stake by BBLAM 

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