AMATA reaffirms solid turnaround, multiple industrial land sales contract pending to sign in the pipeline, 50% out of Bt14.2b backlog to realize this year, price hike at Chonburi & Rayong (Bt11m/rai & Bt4.5m/rai) boost margin.

Comment: China + 1 (or as we say…GTFO of China strategy) helps everyone

BCP: SSO cuts holding by 0.1106% to 14.8913% on Mar 18.

Comment: The whole industry knows that BCP is incredibly unvalued and that if “a clean management team” were brought it…the leakages stop and the stock doubles.

DELTA sees 1Q24 sales flat qoq as EV market rout dampens electronic hardware market, 8th production plant & R&D facilities for power solutions at Bang Pu industrial Estates cod today.

Comment: Domestically in Thailand people still believe that EVs are the future etc, in other parts of the world…it’s trending the other way (when gov subsidies are removed..)

GULF signed master supply agreement with Jinkosolar (Haining) to procure solar panels for entire solar project total 3,500mw scheduled to cod during 2024-2030.

NAT upbeats 1Q earnings from Bt665.81m backlog pending to realize, mulls bidding IT infra solutions project combined Bt2.2b, seeks to expand products for data analytic, cyber securities, AI software to boost earnings.

WICE signed MOU with OR to provide green logistic for Café Amazon, will joint develop EV truck for long range transport coffee beans from Chiangmai to distribution hub in Ayudhaya, using EV Station Pluz charging network entire route to lead transition to green logistics, support ESG strategy for both parties.

Comment: That is an interesting development. I presume it helps both companies to tick the ESG box, pass the higher costs onto consumers and move along.

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