ASAP keeps Bt3.8b full year revenue target, allots Bt2b to add fleet size, expects demand for car rent accelerate after Thailand logged 2nd on AGODA top destination voted by travelers.
Comment: Well, it seems to be pricing that in…liked the management and their vision a lot pre c-19, now I’m not sure what they’re up to.
BBL & BAY will report today: Bt10.16b & Bt8.46b consensus.
CK signed a 10 years purple line MRT maintenance contract valued at Bt1.15b.
CPAXT establishes new subsidiary in Oman to expand food products trading business.
CPNREIT seeks unitholders approval on Jul 31 to renew contract of Central Pinklao & Central Rama 2.
IVL secured $50m inaugural sustainability-linked Trade Finance facility with Sumitomo Mitsui Banking Corp, to support working cap and will link the margin to sustainability targets.
Comment: A pimple on the total debt value of IVL.
NOVA: BNG Special situations Fund raised holding by 2.5595% to 6.8345% on Jul 18.
Comment: Zero company news, appears to be a reverse IPO of some renewable energy projects.
SOLAR reaffirms solid 2Q from strong solar panel trading revenue, contribution from EPC solar rooftop project, 9mw solar unit and Private PPA, target full year revenue growth >20% from 272m in FY22, expects positive momentum continue 3-5 years as demand for cost saving grows, upside from power purchase from authorities.
TQR sees robust growth on EV insurance as buyers seek protections, target 80k motor insurances sales by end of year.
Comment: They should buy depreciation insurance instead as no one will buy an old EV.