ATP30 sees continued growth momentum in 1Q24, after realizing revenue from 5 new clients with >30 vehicles, 3 E-Bus ready for services, and in talks with several potential clients.

M sees 2M24 SSSG negative yoy, margin recover from lower fresh foods costs & costs control, rolls out campaign to boost dine-in upcoming Songkran festive, seeks M&A to utilize Bt7.8b cash on hand, eyes 10-15% revenue growth target.

PTTEP’s gas production at Erawan block rises to 800 MMcf/day yesterday, faster than April 1 schedule. Erawan is the largest gas site in the Gulf of TH.

Comment: And they’ll pumping o&g, expanding, volume growth etc etc. I still think oil prices will remain north of USD 70/bbl for a few more years…

SKY anticipates solid turnaround yoy supported by higher revenue from passenger screening (APRS) & database (PNR) from low base last year, eyes 20% FY24 revenue growth target, will list network solutions subsidiary, Pro Inside (PIS) on SET this year.

Comment: Repeat after me “damn it feels good to be a crony”

TNP upbeats 1Q earnings from robust traffic thru supermarket on the back of shopping tax rebate stimulus & tourism boom, larger branches network yoy, expects positive sales momentum carry thru 2Q supported by beverage sales during summer season, mulls adding 6 stores to 51 by end of year.

Comment: Still impressed by this company, one day I’m going to have to venture up north and meet with management. #’s are straight fwd to figure out…and it’s just great to see a company that isn’t Central or CP doing ok in the retail space.

Three consortiums are expected to apply for virtual bank licenses, as the application period for submissions to the BOT started yesterday, running to Sept 19. SCB’s working with KakaoBank, largest digital bank in Korea, and has entered a deal with Chinese tech firm, as part of consortium. TRUE, with supports from Ascend and Ant Group, and GULF/KTB/OR/ADVANC are other groups vying for the licenses.

Comment: This is a joke.

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