AMATA reaffirms 650 rai land sales target this year, sets 10-20% land sales growth target for next year, while existing Bt2,771m backlog to be gradually realized thru 2022.

Comment: Do you remember the days of 2-3k rai land sales for AMATA? Long gone.

BEM sees Nov toll way traffic topped 1m trips/d, avg MRT riderships >200k trips/d, expects pre-covid level by mid-FY22.

Comment: You’d be surprised to see that mobility in Thailand is higher now than pre-covid.

DOHOME anticipates solid 4Q as QTD SSSG +30% yoy, will open 1 new store by end of year, adding 5 in FY22.

EA cod-ed 1GWh batter plant, will supply battery to commercial EV subsidiary, Absolute Assembly (AAB) from Jan 22, expects to get additional clients on board early next year.

Comment: For EA , they need the government to push through contracts to them and friends otherwise this is a flop. Still hold to the viewpoint that should this not work it declines by -50%, and so far. Nothing has materialised yet.

JAS sets 50-100% growth in corporate clients, especially government agencies, next year, mulls increasing investment in bitcoin mining, via JTS, targeting to become largest in APAC.

Comment: Look at the 8alls on this guy. The largest in APAC? Based upon what? Fluffy earnings or a fluffy valuation?

RT sets 50% revenue growth target for next year, after securing Bt5,590m backlog YTD, plus another Bt1,244m pending to be sign by end of year.

SUN wins hemp cultivation license for commercial purpose from FDA, will begin 1st plot at Mae Wang district Chiang Mai 1Q22.

Comment: Long rumoured, now approved.

THANI targets 10% loan growth next year from Bt50b end of FY21 driven by recovery demand for commercial vehicles HP & fleet sales, aims to curb NPL <4%, seeks M&A to expand financial products port. THANI is a takeover target by SCB and TTB, Tabloid.

Comment: Several of us got the call re this takeover last week. Main question would Thanachart be willing to let it go at…2.5 p/bv?

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