AGE revised revenue target this year to Bt12b from Bt11b, on uptrend coal price and booming logistic business, sees record high coal sales at 5.5m tons.

Comment: The chinese have tried to smack the coal market with margin requirements, thereby leading the prices to drop ~40% in a week. Now it appears that they’ve cleared their books internally…wouldn’t be surprised to see the rally continue

BANPU: local fund, BBLAM, cuts holding by 0.1477% to 4.946% on November 1.

BBL may report highest yoy growth profit this year at 51%, potential winner in bid for Citi Bank’s retail port, while coverage ratio at 199%, Tabloid. Another Tabloid said BAY on verge of securing Bt77b Citi retail assets.

SAWAD teams up 12 insurance partners to offer 0% 12-month installment to draw clients, expects strong demand from the highest duration in the industry, target auto insurance portfolio >Bt2b by end of year.

Comment: Players like SAWAD are becoming great distribution arms of the financials.

SFT sets Bt180m capex for 2nd packaging plant, boosting flexible packaging products, to COD in 3Q22.

SPVI reaffirms 10% revenue growth target, thanks to iPhone boom, stores fully opened, contribution from online channel, tail wind from improved consumer confidence & demand for IT & gadgets products on holiday season.

TNP expects FY21 revenue growth >20% target from improved SSSG, higher traffic from tourists, larger supermarket network yoy, tailwind from spending stimulus.

TQM reaffirms ATH profit this year from higher insurance brokerage com thanks to recovery demand for auto, accident & health insurance on reopens, larger variety products of shelf, contribution from online channel and demand for tax saving before end of year.

TTA’s unit, PMT Property, signs 60:40 JV with Kanden Realty & Development (KRD) to jointly develop residential projects on its land.

Comment: I just don’t understand this company. Actually no I do, they aren’t focused, never have been under this shareholder and just allocate capital willy-nilly.

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