ADVANC buys 3 startup cos (Choco-Datafarm-Switt Dynamics) from INTUCH for Bt239m.

Comment: Left pocket right pocket. Perhaps a little 1 time gain to be recognised by INTUCH

ASIAN keeps 19% FY22 sales growth target, supported by pet food & frozen food sales, weak THB to boost revenue from exports, sees current margins at 17-18% vs 19.8% FY21 from higher raw mat costs, will hike products price and upgrade factory automation to save costs, will sell subsidiary IPO (AAI) in November.

AQUA’s board approved Bt214.31m acquisition of 34.67% stake in Thai Parcel, logistic operator, for immediate rev recognition in 3Q, plans listing next year.

BANPU completed acquisition of Barnett shale field from Exxon unit, XTO Energy, for US$750m (Bt26.45b), lifts total gas production capacity to 900m from current 700m.

Comment: This name is still stupidly cheap….

BCP’s expected to report strong profit jump this year on high GRM and full year recognition of OKEA, at Bt13.9b, +83% yoy, with Bt3.55 dividend, Tabloid.

BGRIM anticipates 2Q turnaround from contribution of recently acquired 375mw solar power plants in Malaysia, higher revenue from electricity sales from Ft hike, maintaining cod schedule of 5 SPP total 700mw in 2H.

BTS said daily ridership rose to 670K/day, on reopening as covid situation has eased, has raised frequency to max level at 98 during rush hours.

Comment: It’s been a steady recovery on the transit lines, not a V shape just yet. Why? I presume it’s due to several companies still implementing a hybrid work from home.

CHAYO target all time high profit FY22 +25% yoy driven by distressed assets management, debt collection service, commercial vehicles hire-purchase and gains from Bt900m land sales, expects to conclude JV distressed assets management with 1-2 institution in 4Q.

Comment: C’mon CHAYO make something happen like JMT, lock in one of the silly banks that have a stupid amount of bad debt (hello SCB)

CPW expects solid 2H from IT & gadget sales on seasonal, tailwind from new Apple products launch upcoming showcase event in September, firms on 40% revenue growth target.

Comment: I do wonder…..why? Covid bump is over, shouldn’t there be a quiet 1-1.5 years of IT purchases?

IMH in talks for M&A deal, expected to complete by eo-3Q, elevating it to be among big healthcare provider, boosting FY23 revenue by 30-40%, while setting FY22 revenue target at Bt1.2b.

IVL completed acquisition of Tollegno’s wool spinning & top dyeing assets in ITA & POL, to capitalize on 120 years in knitting yarns & fabric to enhance value of fiber business.

Comment: It’s been a decade plus of acquisitions by this group.

TPLAS mulls up production capacity of food wrap film & bag by 15-20% to fill demand from hotels, F&B and malls, eyes 10% revenue growth target.

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