ASAP upbeat 3Q earnings from recovery demand for car rental from domestic air fare stimulus, improved used cars sales, will purge 1k used vehicles in 4Q, firms on Bt4b FY revenue target.
IIG firms on 30-38% revenue growth target this year to Bt900-950m, on higher contracts and expansions into ASEAN, especially VN and Indo.
Comment: I presume that when they say they are expanding to vn and indo with the Thai companies that are expanding in both these countries. But for the local players, I can’t see them really competing.
JAS shareholders voted 97% to support sale of 3BB and JASIF to ADVANC, while JASIF shareholders will vote on October 18.
Comment: Et voila, no issues, JAS wants the cash to do something new.
PTTGC secured Bt27b syndicate loan from 6 commercial banks (SCB, KTB, BBL, LHBANK, KKP and TTB) for refinance and working cap.
SHR keeps Bt8.5b FY revenue target from strong hotels & resorts operation especially in Maldives, Phuket & Samui, mulls revising up room rate by 15-20% next year after revamped property, eyes Bt10b FY23 revenue target.
Comment: People are still going on holiday.
TTCL wins a Bt6.5b EPC contract to build carbon products plant for Thai Tokai Carbon Product in Rayong.
WHA-AMATA are expected to see windfall from industrial supply chain relocation, demand for industrial property from EV parts producers, biotech & med supplies producers, Tabloid.