Bidding result of Bt1.804b Koh Tao island submarine cable projects due today. ILINK, ITD, GUNKUL, AIT among top candidates out of 7 bidders.

Comment: Suspect that the winners here will be ilink and gunkul

AH secured contract to supply parts for Great Wall Motor, mulls tap in EV related products to expand segment coverage, firms on 30% revenue growth this year.

Comment: What Mr Yap told me years ago is that regardless of ev’s that the company would still continue to do well as ev cars still require the basic requirements that every car requires ie frames and what not.

NCH reports YTD sales topped Bt1b, Bt657m backlog to realize in 1H, maintaining launch plan 5 projects total Bt4.5b, target FY sales >Bt4.6b, transfer >Bt2.5b, allots Bt1b to add landbank.

SEAFCO sees no construction workers shortage this year after government extends work permit for migrant workers for another 2 years, sees earnings bottom out 1H from low backlog eo-FY21, expects a new round of infra project bids in FY22/23 to drive earnings growth.

Comment: The best piling play in the country. Although now that the founder is effectively retiring, a question mark surrounds them on their ability to continue winning projects over the next decade.

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