BAM anticipates 2 year high earnings from lower provision, will wrap up NPA land sales to SENA in 2H, mulls establish distressed assets management venture with finance to boost revenue.

Comment: Well I think that we can all guess that BAM and KTB should/will partner.

BAY’s card unit, Krungsri Consumer, reported Bt153b card spending during 1H22 +13% yoy, new loans came Bt41b, +14% yoy, expects positive momentum continued on seasonal, maintaining Bt312b FY card spending target.

Comment: I wonder how much is driven by consumers needing credit to pay for the higher costs of … everything

BLAND signs contract with BTS Group to build Bt4b elevated train extension to Muangthong Thani 2, plans to develop 600 rai land there in phases.

Comment: BOOOOOOOOOOOOOOOOOOOOOOOOM, you can complain about mass transit in BKK, I argue that its actually pretty damn good.

DITTO sees solid 2Q, eyes more projects bidding after parliament approved law on digital operating procedure for state agencies.

Comment: New co, new relationship with gov, magically wins bids, and has a well known retail investor as a shareholder where names get pumped

DRT sees double digits sales growth in Jul driven by demand for roofing products from property developers & contractors, expects orders accelerates from aggressive launch plan in 2H, eyes 5-10% FY rev growth target.

JMT upbeats outlook on improving debt collection & larger NPL portfolio yoy, will start to realize distressed assets mgt venture with KBANK (JK) from 4Q, allots Bt10b to add bad debts in 2H, target >Bt200b port by end of year.

Comment: They’re just going to print funny money for the next few years.

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