ATP30 wins E-Bus operating contract from PTT’s unit, firms on 15% revenue growth target this year, mulls studying e-bus and charging station plans.
Comment: Ka-ching, steady cashflow for ATP30.
INET mulls listing internet service subsidiary, Mandala Communication, to expand IT platform, cyber security, big data, planning to sell 2nd data center into REIT and re-invest in cloud service, target FY21 revenue >Bt1.8b.
Comment: If this mandala was not owned by INET, I would give it a high multiple, but because its linked to INET, forget about it…
JUBILE debuts jewelry online store, expects costs drop from lower branch opening expense, eyes 7-8% FY21 sales growth target, 12% by FY24.
MTI launches insurance policy for commercial vehicles & e-commerce business, target 100% premium growth within 2 years.
NWR wins Bt1.78b runway extension projects for Trang airport.
PROEN wins network hardware procurement contract from National Telecom total Bt33.38m.
Comment: Thus the real project value was THB 20 mn?
PTT terminates natural gas compression contract with SKE..
QTC sees FY22 turnaround supported by surging demand for electrical transformers following announcement of community power PPA results, maintained Bt1.2b FY21 revenue target, eyes 10% revenue growth next year.
SAT reaffirms 20-25% FY21 revenue growth target driven by strong auto & agricultural machineries parts orders, higher utilization rate HoH on easing Covid curbs, new driveshaft orders to start delivery next year.
Comment: Surprised? Shouldn’t be, YoY numbers will look great, US and European fleets (generally) need to be replenished.