AMATA: anticipates recovery IE land sales 2Q from migration of production-base to TH from China, 70% of Bt 3.7b backlog to realize this year, in talk clients to sell 280 acres land, maintain 402 acres full year target.
Comment: What EEC story?
BEC: sees 2H turnaround as costs drop aft return 2 DTV licenses, seeks to expand content sales, offline marketing events, tap in Youtube & LineTV to boost viewers and reduce reliance on revenue from TV business.
Comment: They took the head of Line Thailand, so lets see how far they can go online.
KTC: estimate 2 JV with KTB to expand nano finance for SMEs & pico finance
MINT: urged AOT to urgently review its qualifications aft rejected its entry to bid for commercial areas in Suvarnabhumi airport.
Comment: I haven’t commented much on the duty free game, because well, why bother? Public co wise there were maybe 2 players MINT and CPN, but at the end of the day it should still probably go back to King Power whom then may have to sublease to other players.
PRM: in talk partner to raise holding in tanker operator, Big Sea, to 80% from current 70%, expects to wrap up by end-June.
PTG: expects solid 2Q from improves marketing margins on gasoline sales, larger stations network and tailwind from non-oil business, seeks to boost market share on lubricant prod, firms on Bt 140b full year revenue target.
Comment: Just a margin game, when the marketing margins drop = buy the shares, when they recover = sell the shares. But this firm is still continually growing volume for their stations and lets see how far they can take their non-oil business