AGE eyes 5.5m tons FY21 coal sales volume target from recovery demand in SEA, seeks to branch out from coal sales & transport to logistics & renewable energy to diversify risk, target full year revenue >Bt11b.

Comment: Realise that they benefit from the rising coal price environment seen since the end of 3Q20 (coal prices doubled). But this trend is not consistent.

BAY target 3-5% loan growth yoy, sets Bt8.5b capex to upgrade IT, aiming to expand digital lending & consumer credits to up margins, target full year NPL <2.7%, will list auto loan unit, Ngen Tid Lor, on SET this year.

Comment: Whispers say that it will be mid year.

BIZ secures Bt329m contracts to supply medical equipment to 2 state hospitals, boosting backlog to Bt2,394m.

CPNREIT to sell additional 355.56m units at no more than Bt19.5 apiece, RO 8.2967:1 for existing shareholders of CPNREIT & 5.6225:1 for existing shareholders of GLANDRT, subscriptions from February 8-10, existing shareholders have first right of refusal, public subscriptions from February 15-16.

Comment: Makes sense for the group to consolidate their purchase of GLAND

INTUCH: GULF raised holding by 0.0357% to 15% of total outstanding last Thursday (January 28).

Comment: GULF is going to control AIS at the end, they love their monopoly/oligopoly/concession industries/businesses.

PTTGC sets Bt30-50b to invest in EEC over next 2-3 years, expanding products and adding value.

TACC sets 10-15% revenue growth target this year, adding more drinks to 7-11’s cold dispenser and All Café and expanding to other markets.

TOP: GIC raised holding by 0.0751% to 5.0197% of total outstanding last Friday (January 29).

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.