AUCT shifts entire vehicles auction to online to gain larger exposure, mitigate disruption from travel restriction, reduce operating costs, sees surging auto & motorbike traffic in 2H, eyes 10% revenue growth target.
Comment: Natural growth for them. Margin expansion could be incredible should this be accepted by the car tents whom are the major buyers.
BC reports cancellation of land acquisition & development of hotel projects in Lamai beach, Koh Samui, Surat Thani.
Comment: Not everyone is on an M&A spree, it’ll depend upon the balance sheet.
COM7 may report Bt456m 2Q21 NP, +66% yoy on rising sales from higher demand for IT gadgets on rising trend of WFH and online education, Tabloid.
Comment: I wonder why/how the owner is funding all his private share purchases in plc’s over the past 6 months
EASTW anticipates 2Q revenue growth >20% yoy from lower OPEX, higher capacity from larger water reservoir, will start supply water to GULF from 3Q, expects to wrap up 3 more purchasing contracts before end of year.
EPG begins trial run of new Aeroflex plant in the U.S. capacity 4ktpa, lifts total to 8ktpa.
GPSC acquires 25% stake in 595mw Taiwan offshore windfarm, Changfang-CI Xodao, for Bt16b.
Comment: PTT group is in a hunting mood, GPSC, PTTGC have both announced large acquisitions this month.
SINGER unfazed by Covid, sees demand for home appliances upcountry remained strong as workers turn domicile, positive momentum from HP & car title loan, aims to keep full year NPL <4%.
Comment: I’m looking fwd to their 2Q numbers.
SUN upbeats earnings visibility from sweet corn order backlog thru end of year, contribution from ready-to-eat products, higher THB revenue from weak currency, firms on 15% revenue growth target.
TISCO’s expected to report 2Q today, Bt1,614m NP consensus, on rising fee income and lower reserve.
Comment: It came in below consensus.