ADVANC x THCOM: enhanced network and satellite terminals for border command centers, mobile task units and strategic border areas to facilitate seamless communication for military officers, improve coordination & real-time situational monitoring.

Comment: Has gulf become a strategic national asset of importance? If so, could the country nationlise it? And then pigs will fly

BCPG expects 2H turnaround from improved operation of hydro power plant in Lao, gas-fired power plant in the US and contribution from Monsoon wind project, will wrap 2 M&A (99mw windfarm in VN & 17.5mw solar rooftop in TH) before end of year.

Comment: There is still the upside in the US assets but then the question is what are the 1 time costs from all the new projects that are coming online at the moment. 

ORI will book Bt450m gains from disposal of 2 hotels in 3Q, target D/E drops to 1.3-1.4x at end of year.

Comment: I should remind myself to check the transaction price of these hotels. And I am still continually impressed that this company hasn’t gone bankrupt. Then again with the banks not wiling to force bankruptcies to cleanse the system…players such as ORI and ANAN will not go under.

TRUE plans to pay >50% of 9M25 Net Profit in DVD by end of year, to be announced after 3Q result, to keep >50% payout annually going forward, to repay some debts to cut leverage to <3.2X in 2027, from 4X at end June, said CEO.

Comment: 1 Norwegian and 2 Indians cleaned up True. The immigration system has to improve in Thailand for the country to move forward. 

XO anticipates 2H turnaround driven by restocking of sauces & seasoning from EU clients, sees no impact from tariff from low exposure in US market.

Comment: I still like the idea of this company, but the share price volatility and lumpy earnings over an annual basis is amusing to observe.