AMATA sets 950 rais domestic land sales target this year, 700-800 rais in Vietnam, growth will be supported by Bt1,813m backlog, sets Bt4-5b capex.

Comment: When has AMATA ever achieved anything? I’ve been following them since 2004, and nothing has changed. Treat it like the dinosaur it is, when the share price drops for whatever reason(s) and after everyone else has recovered, then you can buy some amata shares.

JMART sets 50% avg growth target over next 5 years, sees all time high profit this year, thanks to contributions from SINGER, JMT and others, to book Bt100m profit in 1Q21 from selling stake in J Fintech.

Comment: This group knows how to create and sell a story. Plus the numbers are backing up the expectations set by the market thus far…

KBANK target credit cards spending >Bt320b registered last year as online shopping grows on new normal, will roll out campaign with visa to boost spending in 2Q.

NRF in share swap deal with GTH, planning to venture into hemp business, to set up a subsidiary, Superplant, to invest from upstream to downstream and to announce plan to set up extracting plant next week.

Comment: They know how to use capital markets and news flow very well. Share price is pricing in a lot atm. I’ve had to shelve my annoyance at the idea of plant-based foods (aren’t cow’s plant based?!) to hold this name. Then again…what food do you think they’ll eat in space? That’s a rabbit hole I’ll ramble about another day.

SUPER said its unit, Super Solar Energy, signed 16MW PPA with EGAT as part of SPP Hybrid Firm project.

TPLAS expand paper food containers & take out boxes products line, added 7 machines to boost capacity to 31m pieces p.a. from current 5m pieces from 3 machines, expects sales jump from reduction of foams & plastic bags, eyes 8% revenue growth target.

TQM launches 3 auto insurance campaigns, 5% premium discount for low-mileage drivers, multiple cars owner, vehicles registered upcountry in less saturated traffic, expects higher sales volume from customers segmentation.

Comment: And now we’ll see in 2021 if their core business justifies the valuation, or if they’ll have to keep doing more M&A’s

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