AH sees better 4Q as a shortage of semi-cons eases and auto production picks up, while 3Q may be softer QoQ due to supply shortage issues and outbreak, but keeps this year 15-20% sales growth forecast. Expects 90% of employees to be vaccinated within next month from 76%.

COM7, CPW, SYNEX are expected to be hot ahead of Apple annual products launch mid-September, Tabloid.

Comment: Same story every friggin’ year, and yes it has basically worked every friggin’ year.

ICN wins telcos procurement contract from National Telcom total Bt74.79m.

KEX expects to come back strong in 4Q as demand for logistic grows on holiday season, tailwind from thermal control delivery services, oversize parcels (Kerry Cool, Kerry ITL), e-payment service (Kerry Wallet) and larger B2C customer base to boost earnings.

Comment: I still wonder how they’ll maintain their profitability versus flash and others. Or perhaps the market will reach a point where everyone stays in their own lane, and each player focuses on operations/margin improvements.

MAKRO: CP retail Holding (CPRH) has delivered MAKRO shares to CP Merchandising (CPM) & Charoen Pokphand Holding (CPH), CPM & CPH will jointly tender at Bt43.5/share no more than 110.699m shares.

Comment: Shifting the debt and equity recap to the public, was expected, removes the overhang on CPALL, and just imagine MAKRO’s free float hits the requirement to be added to the SET50. Welcome to the Giants of the SET.

MBK said 70% of tenants will be reopen today, target 50% traffic of pre-covid in September, 60-70% for 4Q, ramp up promo to speed up recovery.

MILL is expected to book lofty investment gains from 14.36% holding in BEGISTICS (B).

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