AOT to seek board approval for TOR of Suvarnabhumi’s 3rd runway in Jul, seeks new govt to approve its Bt202 development plan, including in new airports in Phuket and Chiang Mai.
Comment: I’m not holding my breathe whilst waiting for this to go through

DELTA may see 2Q FX losses from strong THB.

Comment: All of the exports are going to see massive losses on FX

GGC t/g 6,800 tons of B100 exports to China and Europe this yr, expects Nakornsawan Bio Complex to start commercial operation in 1Q21.

MBK launches mid-yr sale 2019 at 3 malls, MBK Center, Paradise Park, the Nine Rama 9, from June 25 – Jul 31.

PLE signs a Bt5.3b contract to build pharmaceutical plant for Govt Pharmaceutical Org (GPO).

Comment: Well that came out of nowhere

PF upbeats full yr earnings from strong hotels operation, t/g full yr contribution topped Bt4.2b, a/c for 20% of group rev from 7 hotels 2,077 rooms in portfolio, t/g Bt5.3b next yr

SAPPE sees strong drinks sales 2Q on seasonal and +ve feedback from B’lue beauty drink, eyes Bt3b rev t/g.

Comment: If that’s the case then all the retailers (cpall, bjc) and the other drink players (i.e. malee) should have made bank as well in 2Q

SCB sees 2H turnaround from eased burden of IT exp and extra gains from divestment of SCB Life to FWD, m/t 5.4% FY19 loans growth t/g supports EEC pj and infra investment.

Comment: Well I have my doubts on the banking sector improving.

SISB plans Spore roadshow with Citibank June 25-26, meeting 16 funds to showcase its strength, no debt or interest payment.

Comment: The only international school listed in Thailand hence why its trading at 50x pe

TRT anticipates meaningful turnaround from recognition of Bt1.06b backlog frm transformer biz, branches out to heavy machineries biz to capitalize on existing clients (MEA, PEA, EGAT), expects to seal at least 20-25% of current bidding Bt10b, eyes Bt3.1b rev t/g.

  1. Pon, any updates on how the foundations repairs are going from Demco? Last quarter 2 they confirmed they have started fixing about a third of the 26 turbines and expected to finished by quarter 3.

    Thanks Xavi.

  2. On a positive note, Samtel seems to be acquiring quite a significant amount of work these last couple of months. Over 6 billion and counting. Although the shareprice has rallied somewhat 70% since hitting its low point last year.


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