AIE sees 3Q turnaround from lower biodiesel production costs as palm oil price drops 30% yoy, expects sales volume accelerates in 4Q on holiday season.

EGCO raised 10% holding in 2 wind farms (Chaiyaphum 80mw & Theppana 7.5mw) to be sole owner post transactions, will realize immediate contribution from 3Q.

GPSC completed transaction of US$500m investment in 25% stake of Taiwan offshore windfarm (CI Changfang & CI Xidao) total capacity of 595mw, target cod within 1Q24.

PF in collab with Nongnooch Tropical Garden to jointly design & develop landscape for Perfect Masterpiece projects, target upmarket segment.

STARK’s shareholders approved Bt20b acquisition of 100% stake in LEONI Kabel GmbH and LEONIsche Holding Inc, manufactures of cables & wiring systems, and #1 EV charging solution in the world. It also approved issuance of 1,500m new share to be offered in a PP.

Comment: This is how they are going to get into the SET50.

SYNEX’s firm on record revenue at Bt40b, >12% growth yoy, keeps GPM at 4-5%, sees solid 3Q on iPhone 14 launches and seasonal 4Q.

Comment: Can’t afford basic housing, but people will happily pay for iPhones, I’m seeing payment plans of up to 5 years…

TFG reaffirms solid 3Q, supported by strong poultry & swine exports vol & selling price, wider margin from lower feedmill costs & expansion of retail store (Thai Food Fresh Market), maintains 20% FY revenue growth target.

TPS wins 2 cable projects total Bt148.06m, Bt1.41b outstanding backlog to realize in 2H, expects cyber security subsidiary, X-Secure, starting to get clients on board from 4Q, eyes 20-25% FY revenue growth target.

Comment: Even the average players such as TPS are doing well in this environment.

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