ADVANC’s unit, Advanced Wireless Network, has submitted bids for 850MHz, 1500MHz, 2100MHz and 2300MHz spectrum , qualified bidders will be announced June 19, auction on June 29. TRUE, via its unit TrueMove H has also submitted for similar spectrum

Comment: Allowing this duopoly is going to come at the cost of the country and the consumers.

BAM reported disposal of 50 plots of land in Chiangmai total Bt1.45b, will book revenue in 2Q.

Comment: It’s still a fight between the AMCs and the banks as the banks aren’t willing to drop prices and the AMCs aren’t going to pay out as they know there’s a massive supply of NPLs and NPAs

BCPG targets FY EBITDA +30% yoy from Bt4.6b last year driven by combined cycle gas turbines (CCGT) pp in the US, solar 30%, new biz 25%, hydrogen 12%, oil depot 11% and windfarm 3%, expects positive momentum continue from huge demand for power from data center and EV, 100mw windfarm project in Vietnam on track to cod in 3Q, 100mw solar project in Taiwan to cod by end of year seeks to expand solar rooftop and private PPA to diversify earnings.

Comment: And yet the share price is still meh

PRAPAT: 38.895m new shares from stock dividend will be tradable on Jun 4.

SEAFCO aims to secure at least Bt400m foundation wrk backlog for remaining of yr, tally to Bt3b, sees more to come from ongoing orange line MRT project, double deck express way & data center construction.

Comment: No matter what the situation this company continues to win projects. The only question is the margins as government projects are lower margins compared to private projects.

TPIPP plans to gradually abandon coal usage at its PPs by 2026, from 30% coal usage last yr, by depending solely on renewable resources from 2027, when its total power gen capacity from renewables will rise from 493mw to 541mw.

Comment: It’s beautiful when a government is willing to overpay for rubbish.