AOT: TAT anticipates surge in tourists arrival in 2H after collab with airlines to offer holiday pkg or special airfare for long-stay travelers, Air Canada agreed to launch long-stay airfares btw Vancouver-BKK from Oct. For EU winter schedule, Iberojet, a Spanish-Portuguese charter, will operate 7 charter flights a week between Madrid & BKK, Condor, German Leisure airline, is flying 4 times weekly btw Frankfurt-BKK as well as Frankfurt-Phuket, Bato commence 3 direct flights/week from Gatwick-BKK from Oct, Finair is flying direct from Helsinki to BKK & Phuket 19-20 flights/week from Nov, Thai Airways relaunch BKK-Milan & BKK-Oslo from Jul 1, Thai AirAsia X LCC to offer flights to 4 cities in Europe during winter season this year.

Comment: More & more & more.

DOHOME sets Bt1b capex to expand 8 home improvement outlets in 2H, aims to fill demand from building & construction materials on the back of govt budget disbursement, govt procurement & infra spending.

ECF revised up FY revenue growth target to 15% from 10-12% prior thanks to higher than expected sales of home furnishing products, issues free warrant (ECF-W5) total 479.75m units for existing holders at 2:1.

Comment: Free warrants? I haven’t seen this game in FOREVER. Traditionally the warrants are to “indicate” the share price target…

KKP sees most impact from Suzuki plans to shut plant in TH by end of FY25 to optimize global production sites as the bank has the largest exposure on Suzuki car hire-purchase, severe price drop on used Suzuki vehicles wud impact loss from repossessed vehicles.

Comment: And suzuki’s are such great little cars……but hey the thai gov is giving you a pos chinese ev, go for it.

MTC upbeats 2Q earnings from robust demand for credit on back to school season, keeps 15-20% FY loan growth target.

Comment: They’re still going to grow 20%…there’s no issue for MTC…that management is so incredibly focused on just executing.

SISB target Bt2.85b rev in 2026, from Bt1.93b last year, by adding 400 students annually to 5,400, from 4,200 last year, as demand from Chinese students increases.

Comment: Figuring out their revenue is fairly straightfwd – it’s just what price are you willing to pay for this?

TOP reported 96% completion of CFP refinery project, target trial run 1st phase 1Q25, expects jet fuel demand remain strong in 2H, GRM to recover as supply driven out from the market on soften margin.

TTW expects FY water sales vol +3-4% yoy supported by higher than expected sales tap water volume from Pathum Thani Water (PTW), seeks to expand water treatment project to boost growth, maintain dividend payout no less than 50% of np.

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