AP reported 4M22 SDH sales +37% yoy >Bt13.5b, ramps up campaign to boost sales, target third consecutive record high profit this year.

GPSC anticipates 2Q turnaround from resumption of Glow Energy Phase 5, higher Ft QoQ, contribution from PP investment in India, 192mw new capacity from Glow Energy Phase 2 (SPP replacement) to cod in 4Q.

PTG reaffirms solid turnaround 2Q from strong fuel sales volume, recovery marketing margin at Bt1.7/liter, higher non-oil revenue from improved traffic, allots Bt4b to expand business, maintaining 15% FY22 revenue growth target.

Comment: That marketing margin doesn’t make sense at current oil prices. Unless they’re throwing in an inventory gain.

RT wins Bt2.28b railway construction contract from ITD-Nawarat jv.

RATCH refused to comment on Tabloid’s report that it mulls taking a 9.04% stake in BH, held by KKP Asset Management.

SAWAD and MTC may see small impact from GSB’s plan to enter land title loans via its subsidiary, Tabloid.

Comment: No private entity should be afraid of a thai government entity expanding into their field…unless it’s a concession based business model.

TTCL wins EPC chem complex expansion projects from Rayong Engineering & Plant Service total Bt1b.
WHAUP firms on 13% water sales growth, secures 10MW solar rooftop installation at Mega Bangna mall, with 3 more projects, 15.9MW, to be signed by end of June.

FTSE adds BRI, CIVIL, HENG, PEACH, KTBSTMR, SVT, TKC, WFX, and TFM to Micro Caps, effective June 17.

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