ASW reported 9M22 residential sales at Bt13.1b, >Bt10b FY target thanks to strong sales of 2 condos (Kave Town Colony BKK Uni & Atmoz Oasis Onnut), will launch 2 projects Esta Rangsitkhlong 2 (SDH) & Kave Universe Bangsaen (condo) total Bt1.2b by end of year.

CHAYO reported 9M22 debts acquisition >Bt4.2b, plans to add Bt10b-11b NPL by end of year.

Comment: Stock price has been a laggard this year, the only risk (a major one, but low probability) is that they are squeezed out of the JV game

EPG keeps 12-15% revenue growth target this year with 29-32% GPM, thanked to solid growth in Aeroklas business both at home and abroad.

GULF CODed 662.5MW GSRC unit 4 on October 1, adding Bt1.325b revenue this year and >Bt5b next year, on track to COD another 2,650MW in GPD 1-4 in 2023-4.

PROUD in collab with BNH hospital and Health Plaza, developer of BeDee, an integrated health applications offering varieties of health and medical services.

Comment: Hmmm……well…..they need to do something to boost their flagging resi sales.

RML in MOU with ROJNA to develop luxury hotel and residential projects under Branded Residence on 50 rai piece of seaside land in Phuket.

Comment: Presume that the land comes from ROJNA, and that the “expertise” comes from RML. Though realise that the management isn’t the same as a decade ago when they were developing, arguably, the best resi projects in Thailand

SCB announced Bt1.5 9M22 interim, XD on October 12, raised MLR and MOR by 25bps from today, keeps MRR unchanged. KTB raised MLR by 25bps.

Comment: Helloooo higher lending rates. Been hearing that SCB is on a hiring spree for new blood to develop the new businesses.

SCN in jv with Toho Gas Japan to boost iCNG sales to >10,000m BTU/day.

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