AKR upbeats outlook from healthy demand for transformer on power project expansion, tailwind from EPC solar project, seeks to expand via Private PPA to boost growth, firms on 15% full year revenue growth target.

AMATA sees no impact from power shortage in Vietnam, with sufficient power gen capacity in 3 of its Vietnam’s IE, sees rising land sale and infra sales revenue in 2Q, 50% of Bt6.65b backlog to realize this year, firms on 2,250 rais land sale target this year.

Comment: Right but they are still unable to capture the FDI inflow to Vietnam because they aren’t as well-positioned as their peers.

AOT: Aeroflot to resume flights to BKK from Vladivostok and 4 other cities in Russia from Jul 7.

Comment: Babushka!

BBL signed MOU with BAM to provide mortgage package for BAM’s NPA buyers.

LEO sees 2Q revenue growth on track logistics, boosted by rising fruit exports to China, to COD Cold Chain Logistics Center, Bt232m investment, on Jun 7, sets Bt800m capex for M&A.

M sees full year SSSG within 15-20% range after logged 16% growth in 1Q, thanks to improved tourists traffic & dine-in, expects margin widen from lower energy & raw material costs, buffer from cost control & price hike early this year.

Comment: And if they are able to control their GPMs better then you’re looking at quite the performance for 2023.

OSP reported disposal of entire holding (5.85%) of Unicharm (TH) to parent company in Japan, Unicharm Corp, for Bt3b.

Comment: Now that’s a fair amount of cash coming back into OSP, ~THB 3bn…

RML confirmed cod schedule of Bt8b office building project, One City Center (OCC), ON Jul 1.

Central Admin Court revokes EIA of SPALI’s Loft Ratchada-Wongsawang, as the high-rise condo project is blocking wind and sun to adjacent area.

Comment: Now that’s a rarity! Even Spali has issues? I am happy to see the courts actually doing their job before the project is completed.

SCC to sell 26.83% stake of SCG Décor (SCGD) via IPO total 444.1m shares, will use proceeds for expansion & repayment.

Comment: Do think it’s time….their petrochem downcycle may finally be done..

XO reaffirms record high revenue in 2Q driven by robust sauces & seasoning exports orders, higher proportion of clients from North America (10% of total revenue), revised up full year revenue growth target to 20% from 10% previous guidance.

Comment: I’m just impressed.

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