ASIAN anticipates 2Q turnaround from recovery pet food sales and frozen food aft China reopens, allots Bt230m budget to revamp production line and cold storage, maintaining 20% revenue growth target.
CPN in co-operation with Internal Trade Dept prepares a space for free for farmers to sell their products during April 15-30 at various locations.
CRC is enacting a host of changes to its stores, including placing sales counters wider apart, in anticipation of reopening of business next month.
Comment: Should you believe in efficient markets, CRC should’ve been trading at THB 1/share. But we invest on hope hence why its still where it is today.
RML rolls out One Price campaign for 9 luxury condo projects, 6 ready to move in & 3 new launch, expects positive feedback from tangible inventories as buyers mitigate risk from incomplete projects.
Comment: Cash cash cash, that’s the strategy these guys should be taking. But too many players are, as a friend says, “true believers”
SIRI revised up 2Q sales target to Bt10b from Bt8.5b after book Bt2.5b sales in opening 2 weeks of the quarter driven by 24mth free installment campaign.
Comment: See above, installments don’t mitigate the need for cash.