AH anticipates positive momentum carry thru 2H from strong parts order from domestic & oversea clients, higher utilization rate yoy, target margins within 10-12%, aims to catch ride on EV boom via MG car dealership business.

Comment: Look at the leasing companies in EU and the US. They retired their fleets last year due to wuflu. Now with travel back on, demand is through the roof, new cars have to bought…small example but extrapolate this to multiple avenues of life/business…

BGRIM sees earnings bottoming out 1Q from maintenance shutdown, expects meaningful turnaround from surging demand for electricity from industrial clients on improving business activities, contribution from solar projects in Vietnam, U-Tapao solar projects on track to cod in 2H, revenue from LNG imports expected to cover a rise in natural gas price in 2H.

EPG sees Bt10,700 – 11,000m revenue this year, +12-15%, as AEROFLEX US starts productions, while AEROKLAS sees rising demand from EV segment.

HUMAN sets 20% 3-year average revenue growth target, while cutting this year growth to 5-10% from 20-25%, on covid, sees better 2H on improved covid situation.

Comment: This would have to be driven by M&A

NRF sees solid 2Q on seasonal, firms on 40-50% revenue growth target this year, supported by rev recognitions from hemp based products after taking a stake in GTH, with plan to secure partnership with #1 hemp business operator from the US next week.

Comment: Due to its delay from 1Q more than anything else. Container ship delays are hurting them along with everyone else.

SSP acquires 9.9mw biomass power plants in Nakhonratchasima with remaining 18 years PPA for Bt500m, 20mw JPN solar & 48mw VN windfarm to cod in 2H, lifts capacity >200mw, reaffirms big jump this year, target 400mw within 5 years.

SYNEX signed Bitdefender to distribute cybersecurity software, aims to fill demand for endpoint protection, cloud & IoT security.

TK in profit warnings from weak hire-purchase business in Laos, Cambodia and Myanmar from Covid & political unrest.

TPAC completed 80% acquisitions of Malaysia packaging, Combi-pack.

Comment: Baby IVL

Leave a Reply

Your email address will not be published. Required fields are marked *

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