BAFS sees 2Q jet refuelling +19% yoy (673m liter), firms on Bt3.3b full year revenue target +101% yoy.
BAFS to return to profit next year, sees solid recovery ib jet fuel sales in 2Q from reopening and PP business.

Comment: Goes without saying, you don’t need tourist #’s to recover immediately, just # of flights.

ITEL in talk M&A IT outsourcing co., & online social data analytic co., aims to tap in enterprise software, digital transformation, cyber security, online marketing & CRM, finalize deals by eo-2Q.

JKN upbeats 2Q contents sales after virus curbs eased, Bt968m backlog (34% domestic & 66% overseas) pending to realize, expects positive momentum carry thru 2H from improves ad spending on high season, tailwind from hemp infused drinks & supplement products via home shopping.

Comment: I just don’t know how to look at this company. The figures haven’t made sense to me for a while and I don’t see their comp advantage for the home shopping network.

OR invests Bt625m in 33.33% stake in PPAFS, a JV with CNAF and TOTAL, offering jet fuel services at Phnom Penh International Airport.

Comment: Great move for OR. Thailand’s O&G player doesn’t have any competition from its ASEAN peers.

PLANET wins procurement contract for production & broadcasting equipment from Parliamentary TV total Bt128m.

PPM wins civil work contract for purple line MRT (Tao Poon-Ratchburana) total Bt959m.

TOA mulls revising up FY22 revenue target from current 10% after repricing paints & building material selling price, jump start construction on reopening, allots Bt700m to up capacity from Samrong plant.

Comment: They’re going to have to reprice higher given the cost of oil.

TFG sees rec high margin this year from strong average selling price of chicken & swine, higher than expected export volume to EU, easing pressure on freight rate, mulls revising up full year revenue target.

Comment: I look fwd to seeing if this is true in their 2q and 3q numbers.

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