ASW reports Bt3,250m 1Q22 presales, or 33% of its Bt10b this year target, to launch 3 more projects in 2Q worth Bt3,180m, for a total of 7 worth Bt12,400m this year.

Comment: A relatively new IPO, as a mid-size developer, being listed has helped to raise capital just before covid hit, perhaps will be a survivor.

INET sees 10-20% revenue growth yoy, after adjusting new client ports, keeps expanding digital platform and listing of 3 subsidiaries.

ITEL in talks with Alibaba to offer fiber optic network services for social-media, search engines and OTT, expects to wrap up deal by 4-6 months.

Comment: And there’s news regarding a partnership with AWS

NRF target to become a clean food tech co, to build a new plants with negative carbon emission both here and in the US.

Comment: They’ve been talking and talking and talking….

ORI booked Bt8b in 1Q presales, with plan to launch another 8 pjs worth Bt13b in 2Q.

Comment: Study ORI and then you’ll learn how to survive as an overleveraged property player.

RT sees solid 1Q on steady job deliveries, just secured 9 projects worth Bt1,839m, boosting backlog to >Bt6b, firms on 30% revenue growth this year.

TMT sees 12% steel sales growth to 800K tons, with revenue growth exceeding 12%, sees big boost from government projects resumptions in 2H, sets Bt400m capex to boost capacity to 1.2m tons/year, in line with 5-year plan.

TQR mulls new products to cover alternative energy, EV, and cyber security, with M&A deal to be finalized by end of year.

Comment: Here’s the oddity with TQM/TQR, profitability growth has been fantastic, revenue less so.

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