ASW sets Bt6b revenue target, +20% yoy, Bt10b presales, supported by 7 new projects worth Bt12.4b, and recognitions for Bt7.33b backlog.

CHAYO target FY22 revenue growth >25% driven by outstanding Bt80b distressed assets under management, improved cash collection on easing curbs, credits facility for SMEs & franchise operators, upside from AMC ventures with BANK, will book Bt 900m revenue from 3 plots of land in Phang Nga sold via Legal Execution Department within 120 days.

Comment: There is a ridiculous amount of bad debt out there. I just don’t see why JMT and CHAYO aren’t going to have a great few years even if the banks are trying to hardest to hide the NPLs

DELTA forms partnership with JPN IC design & producer, ROHM Semiconducter, to develop next-gen power devices.

FPI’s shareholders approved Bt0.07 2H21 interim, bringing FY21 payout to Bt0.12, sees uptrend for auto part industry, sets Bt2.4b sales target, a record high.

GULF signed a tariff MOU for 912mw Pak Beng hydroelectric power projects in Laos, GULF will hold 49% stake & China Datang hold 51%, target cod Jan 1,33.

Comment: Laos belongs to China and Thailand is just trying to pick up a few pieces.

INSET secures 2 contracts worth Bt141m, sees demand for data center to continue rising, boosting backlog to Bt2b, firms on 15-20% revenue growth target this year.

MC said Songkran sales had driven sales at MC Outlets to almost double, mulls 4 new stores to 72 total by end of June.

Comment: YoY it will show decent figures, and MC is a key indicator for upcountry base demand.

NER to wrap up 2 new contracts in India, after securing 3 recently, sees solid 2Q, to COD cow material products and book revenue in 3Q, keeps Bt28b revenue target this year, with 90% utilization rate.

TU expects FY22 overall margin within 18-18.5% range, supported by HVA products via PET food, aquatic feedmills & food ingredients, improved operation of Red Lobster, px hike on seafood products, higher THB revenue from weak currency.

Comment: No one has been talking about it but the THB was weakened to 2018 levels

WFX sees higher sales vol of rubber threads on recovery demand from textile industry, new capacity from phase 2 lifts output by 20-30% from current 35ktpa, higher selling price yoy from surge rubber price, weak THB boost earnings, firms on 15% revenue growth target.

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