AWC anticipates solid turnaround 2H from recovery OCC & higher room rate, contribution from MICE, 12 hotels on track to open FY23-FY27.
Comment: Despite it being one of the larger groups on the mkt, it doesn’t attract as much investor interest.
GULF raised revenue growth target this year to 80% from 60%, on rise in gas price and contributions from INTUCH, mulls 1,000MW acquisition.
Comment: How do you play this? Just close your eyes and buy it?
KBANK in collab with SABUY, providing deposits and withdraws at 124 of Shipsmile delivery service branches.
Comment: Well that’s interesting for SABUY.
JP sees strong 2H on seasonal, firm on 50% revenue growth target this year, on track to build 2 manufacturing plants in BKK and Lampoon.
MINT: Moody’s revised NH Hotel’s outlook to stable from negative, affirms B3 rating.
Comment: Now the question is – when will MINT sell some of its holdings in NH to reduce the stress on their b/s. If/when this happens MINT will return back above THB 40/share.
OSP launches terpene infused CBD herbal mixed energy drink, mulls expand herbal products portfolio to capture new segment.
Comment: Useless products in TH
TFG upbeats FY22 outlook from strong demand for fresh chicken meat on global foods shortage, expects full year exports +25% yoy, tailwind from swine sales in TH & VN, weak THB boost earnings.
Comment: They are just going to report one of the best quarters in their listed history for 2q….
UTP revised up FY22 revenue target to Bt5.7b- 5.9b, supported by strong kraft paper & paper containers sales to exporters, target sales volume >132k tons in 2H.
Comment: It’s a question of margin for UTP, revenue growth doesn’t appear to be an issue.
WHA invests in Mercular, a startup in vertical E-Commerce to expand B2C, targeting new gens.