AUCT is expected to report big jump 2H driven by vehicle registration fees thru auction yard, revenue from vehicles transfer and acceleration of traffic from repossesses vehicles purge by financial institution by end of year, Tabloid.

Comment: Just go through KKP’s MD&A and you’ll see that there are still a lot of cars to be auctioned off….

CCP expects earnings momentum pick up from 4Q driven by recovery sales of finish concrete products on improved demand, government budget on new fiscal year start Oct, Bt1.8b outstanding backlog assure earnings visibility, allots Bt100m budget to revamp manufacturing line, expnd capacity & reduce labor cost.

CHAYO in talks to buy bad debts from 3 financial institution, aims to secure at least Bt3-4b aft logged Bt8.5b 9M23, expects to wrap up by end of year.

Comment: As usual, 4Q is where everyone comes out to play as BAM’s budget has already been met for the year.

CI reaffirms 4Q turnaround from transfer of Bt2.5b The Issara Sathorn condo project & Bt1.5b Sasara Hua-Hin beachfront residence, will launch 3 project (BKK, Hua-Hin & Phuket) total Bt 8b by eoy.

EKH upbeats outlook after IVF clinic logged 200 cases 9M23, maintain 300 cases FY target, eyes 10-20% growth next year, seeks to branch out to other health care services to boost growth.

Comment: Direct play is SAFE.

JPARK to add parking space by 2K-3K, boosting from the 28K-30K current slots, sets 50K target by 2025, and doubling traffic per month to 3m.

Comment: I do like this business model…

PTTEP plans to increase its petroleum production capacity in Middle East and Malaysia to brace for depletion of domestic gas and oil supply within a decade.

Comment: Some say wait for oil to be back in the 70s and then load up again…

KCE, JMT and ITC are top contenders to be added to SET50 from 1H24, Tabloid.
JMT reaffirms record high profit, after boosting port to >Bt100b, with growth momentum into next year.

Comment: This race to the SET50 is amusing to watch, let’s see…

MBK sees quarter to date traffic thru mall >100k/d, hotel advance booking for >70% ahead of new year thanks to free visa scheme, RevPar to stay strong thru holiday season.

ORI sees 4Q as the best quarter this year, expects Bt700-800m sales during Nov 2-5 Home and Condo sales in BKK.

Comment: That’s because every developer was basically cutting prices during 2Q-3Q by up to 50% (eh-hem ANAN)

SMT: 3Qnp at Bt82.1m -20% yoy, announced buyback up to 55m shares (6.6% of paid-up) under Bt250m budget from Nov 7, 23 till May 3,24.

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