AOT Passenger growth of 9.88% in 8MFY18. AOT said passengers in the six airports that it operates rose to 95.54mn or 9.88% in 8MFY18. Lead tourists were from China, South Korea, Japan, India and Russia. (Thun Hoon, 29/6/18)
CHOW signs MoU with photovoltaic manufacturer. CHOW notified the SET that on June 27, 2018, subsidiary Premier Solution Co., Ltd. (100% held indirectly through Chow Energy Public Co., Ltd.) signed an MOU with Jetion Solar (Thailand) Co., Ltd., which is a solar photovoltaic module manufacturer in China to increase business opportunities in the photovoltaic market and equipment in Japan with potential trading of 100,000 panels within two years from the signing of the MoU. (SET, 28/6/18)
CKP is speeding up the construction of electric poles and transmission line from Saiyaburi power plant to Thailand. It will then test the electricity production system before starting production in October 2019. (Thun Hoon, 29/6/18)
FVC expects 2H18 revenue to rise to Bt200mn and 2018 earnings growth of 15-20%, driven by the order of hemodialysis products and Wuthisak clinic, up from a 1Q18 loss Bt6.33mn. (Thun Hoon, 29/6/18)
HMPRO expects results in 2H18 to be strong, supported by rising domestic purchasing power. It expects same-store sales growth of 3%. It is focusing on private brands that will help give a gross margin of 29%. Management plans to add four HomePro-S stores. (Thun Hoon, 29/6/18)
Comment: Private labels is their main winner!!!!! Just wait for the impact of Malaysia becoming profitable to push the numbers next year
III’s CEO says 2H18 is the high season for logistics and exports that will boost gross profit by 15-20%. It expects revenue to jump next year. The company will book profit from foreign investment in 3Q18. (Thun Hoon, 29/6/18)
LOXLEY wins the online lottery court case. The Administrative Court has ordered the Government Lottery Office to pay LOXLEY Bt945mn plus interest at 7.5% p.a. for a total of Bt1.45bn within 60 days. The Government Lottery Office is preparing to submit an appeal. (Kao Hoon, 29/6/18)
MILL has speeded up the production of special-grade steel to diversify its product mix. It plans to increase capacity by 800,000 tons next year. It is keeping an eye on potential price dumping by Vietnam producers. )Manager, 29/6/18)
SAMART subsidiary TEDA got a project to lay underground wire for the Metropolitan Electricity Authority (MEA) worth Bt1bn. It expects to get more new projects worth Bt2-2.5bn over the rest of this year. (Thun Hoon, 29/6/18)
Comment: It does look like SAMART Group is beginning to win more projects from the government entities evidenced by this and what SAMTEL won a few months ago. The next 2 quarters will be important to see if what management guided at the beginning of the year comes to fruition. 
TTCL says it has entered into a contract for construction of Package D (LLDPE Plant) in Long Son Petrochemicals Project for Long Son Petrochemicals Company Limited worth US$200-220 (Bt6.4-7.04bn) in Ba Ria Vung Tau Province in Vietnam. Construction is expected to complete by YE2022. SCC holds 71% in this project. (Post Today, 29/6/18)
WHAUP issued debentures worth, which are fully subscribed by both institutional and retail investors at an interest rate of 2.65-3.66%. (Post Today, 29/6/18)
Comment: What rates! If you remember GCPG could only do this at 5% ++ for the GLOW acquisition

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