AKR sees 2H turnaround from recovery demand for high voltage transformer from EEC expansion, power & solar rooftop projects, will bid for U-Ta-Pao airport projects and high speed rail projects, Bt1b backlog to realize till 2H21.

Comment: If thats the case then you have the usual players of AKR, DEMCO, TKT 

AOT said 8M20 fiscal seen passengers dropped 34% to 64.2m, flights -30% to 425,900, but expects recovery in October.

Comment: I’m still of the viewpoint that in 12 months traveler #’s will be quite close to the period pre flu

PTT reports fuel sales at filing stations in June almost back to the same level this time last year after easing Covid lockdown, expects FY20 sales volume near FY19 at avg 460k liter/month if no 2nd wave of infections.

Comment: So SUSCO, PTG, PTT are back in play.

PTT retail unit, PTTOR, maintained FY20 branches opening target of Café Amazon at 400 outlets by end of year from current 160 yesterday, firms on 3,400 total outlets by end of year.

SUSCO upbeats 2H earnings from recovery gasoline sales vol post lockdown, increasing short distance travel instead of flying.

Comment: See PTT

Thai Bond Association sees Bt44b THAI’s bond holders are holding without legal representative as they bought before SEC requirement become effective and vulnerable for losing all the money.

Comment: Ignore all the news about THAI, if you have a ticket, miles etc etc file your claim. It’s the creditors that will control the bankruptcy, not the board, not the government. The board members are automatically suspended when THAI is in bankruptcy. If THAI sends a sweet email saying “don’t worry” ignore it, worry, file your claim. 

Department stores are allow to extend operating hours till 10pm starting from today, positive SF, CPN, MAJOR, CRC, COM7, CPW, MBK.

BDMS, BH, BCH, EKH see recovery in international patients traffic after international air space open from today, Tablolid. 

New swine flu with pandemic potential discovered in China, positive CPF, GFPT, TFG.

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