AMATAV sees big jump in profit this year, supported by 50-50 hectare land sales in 2 IE in Vietnam, boosting rev by Bt1b, sets Bt3-5b capex.

Comment: Years of promise and nothing delivered. Vietnam already exports more than Thailand and yet AMATAV is nowhere.

CPF signed MOU with Maejo University (MJU) a branch of TH’s ministry of higher education, science, research & innovation in Chiang Mai to join R&D hemp breed, planting and extraction technique, expects constructive research from 3,040 sqm indoor closed system farm, the first industrial-scale med cannabis manufacturing facility in Asean.

Comment: It looks like everyone is partnering with Maejo

GUNKUL sees steady growth momentum, a laggard play with low PER at 7X, 6-7% yield, eyes M&A and mulls hemp business venture, with 4-5K rai land.

GULF sets 50% EBITDA growth target, supported by COD of 1,494MW PP, boosting overall to 7,903MW, sets Bt30-40b capex for M&A, eyes 14,304MW overall capacity by 2037.

Comment: Well that’s not difficult, they have gone out and won a bunch of projects over the past few years, and now the #’s are going to come through.

KTC to quit Pico/Nano finance to focus on assets quality & upper segment, in talk developer of “Pao Tung” mobile app Inifinitus to cross sales, expand digital lending and finance products.

Comment: Everyone knew from Day 1 that the Pico/Nano Finance scheme from the BoT was utterly useless. Rates were too low for the risk relative to the other products available to the FinCos.

PTG in collaboration with EGAT launches EleX by EGAT, an EV charging station, at 5 locations, covering Korat, Petchaburi, Chonburi, Nakornsawan and Karnchanaburi, targeting 120 by next year.

Comment: I like this. It helps that there is a relative in government…

SUPER signs 20mw waste power PPA with Nakhon Si Thammarat Municipality, lifts total to 84mw from current 64mw thru 6 projects.

THG mulls importing 150K doses of Sinovac vaccine late May, sets 7-10% revenue growth target this year, Bt1,130m capex, mulls JV with Chulalongkorn Research Institutional Saraburi in exploring hemp and cannabis business.

Comment: What’s the kickback to Anutin (for both sinovac and hemp/cannabis). The list of companies saying that they are entering into the cannabis space is YUGE!

TSE targets 20% revenue growth this year >Bt2.5b driven by 50mw FY21 planned cod, full year recognition of 300mw on hand, mulls investing in 50-100mw local & overseas projects over next 2 years, seeks M&A to boost inorganic growth.

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