AMATA’s firm on 950 rais land sales and Bt2,157m backlog this year, of which 60% will be booked in 2H.

Comment: And here’s a flying pig for you.

AMATAV to sell ASCLT 1 and 2 worth Bt2,157m in 2H, sees yoy drop in rev this year from pandemic.

Comment: Management has proven that without a relationship with government they can’t perform, local and Singapore IE’s in Vietnam are rocking and rolling.

CCP sees higher sales on ready-mixed concrete from road work and infrastructure projects, expects to secure Bt150m finished concrete products order before end of year, 60% of Bt1.8b backlog to realize this year, firms on Bt2.6b FY20 revenue target, will tap in industrial estate and corporate clients to expand network and margins.

Comment: This sector should’ve performed better….but government spending has been anemic…

CRANE firms on Bt1.2b full year revenue target support by Bt1b backlog pending to realize, in talk to lease heavy machineries for TOP’s cracking projects, STEC’s infra construction, also bidding for bore pile projects total Bt2b, results out before end of year.

RBF upbeats 2H earnings from improving sales of flavors and ingredients on reopening of commercial clients, tailwind from Indonesia plant reopen in 3Q, Vietnam plant on track to cod in 4Q, will open subsidiary in Singapore to boost oversea sales.

Comment: The next story coming in this industry will be the new IPO NRF.
SCC: SSO raised holding by 0.0333% to 5.0153% of total outstanding last Thursday (September 17), SEC filing.

TACC sees solid turnaround 2H20 from improving traffic at All Café at 7-11, contribution from Disney premium stamp campaign, reopen of Rilakkuma Café in Singapore, will add snacks and drinks for PM menu, boost delivery order.

Comment: Remember the campaign to no longer buy drinks at 7-11 on Wednesday? Well that hasn’t had an impact for TACC

WHA sets 5-year capex at Bt50b to expand 4 core business, sees double digit growth next year on 2 new IEs in Vietnam, solid 2H, boosted by Bt4.6b assets divestment to REIT. 

Comment: This is the A grade version of how an IE should be management in Thailand

  1. peter satrapa-binder

    @AMATAV: i had wondered already 1-2 ago why their quarterly and yearly results were that bad – and this was pre-covid when Vietnam’s GDP was still +7 % or so – AMATA VIETNAM HAD to do something wrong/not too intelligent there:)…

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