ASAP eyes 28% FY rev growth target above Bt11b driven by rental fleet cars and used vehicle sales, tailwind from Changan EV dealership and growth from motor insurance brokerage.

Comment: Could it be time for this name to return? I remember meeting the CEO pre covid, and he impressed me.

FSMART to seal deal with large corporate with >500K members by end of May, boosting financial services and loan to reach Bt2b by end of year, while top-up and payment business are steady, and S-curve business Ginka remain solid, in-line with EVs growth.

Comment: The main issue with Forth & their subs is that they have multiple business lines and most people are too lazy to figure it out.

JAS & MONO announced exclusive strategic partnership w/ PLANB to roll out sport marketing, OOH media, online & on-air re-run, highlight and content of EPL & FA cup for 6 seasons till 2031 in 3 countries (TH, Cambodia and Laos).

Comment: 3 little monkeys jumping on the bed. Jokes aside, decent deal

OR to form quick meal biz venture by end of 3Q, 40% of Bt18b FY25 capex will allocate to adding 100 new filling stations & 250 EV charging outlets, 38% will be spending on M&A and non-oil business, 15% for overseas expansion and 7% will be spent on digital tech & innovative business.

Comment: I still think this a great turnaround story…until oil prices decide to wake up again…

PSG signed MOU with Electricite du Laos to conduct joint feasibility studies for retrofitting existing hydro powerplant into pumped storage hydropower to cope with changes in electricity demand, peak load management, improve grid stability & renewable integration.

SABUY: co., name changed to WSOL, ticker changed to WSOL, effective Friday (May 23).

Comment: WSOL? this is a POS company. That’s it. Unless they’re going to backdoor some amazing asset.

SENA forms 51:49 JV with Mitsubishi Logistics of JPN to develop ready-built warehouse & factory in Bangna km 23, aims to step up to large scale industrial w/h, strengthen position in the logistics mkt.

Comment: Good move by SENA. And it is interesting to observe that they are able to capture the Japanese JV investors, first with their condominium projects and now this.