BANPU sees 2H turnaround from recover coal sales volume and higher selling price from improving demand from China and Vietnam.

Comment: If only it were a true coal play…

BGRIM upbeats 3Q earnings from low gas price, sees electricity demand from industrial clients gradually back to normal posted reopening, seeks M&A to boost inorganic growth.

Comment: And they keep acquiring projects through the region.

BPP’s Hongsa powerplants in Laos resumes operation from 3Q following maintenance shutdown, 3 powerplants combined 421mw capacity on track to cod in 4Q.

EA’s unit, ATT, signs MOU with Chulalongkorn Uni to study lithium ion battery recycling plant, confident of delivering 180 electric vehicles, MINE SPA1, by end of year.

GRAMMY inked deal Tencent Music to sell Thai contents in China, aiming to reap benefits from 800m subscribers.

Comment: Curious to know the terms of this deal.

KTB to sell a Bt5b bond, 4 year duration at 1.7% p.a., interest payment twice a year, open subscription from today till September 11 via mobile app.

Comment: Look at these cost of funds!

TRUE’s digital payment unit, True Money, teams up with consumer credit lender, Ascend Nano, to expand micro credit up to Bt10k/contract via mobile, offering 0%, 3mths installment plan, 24% interest charge p.a. afterward, to capitalize on 8.6m Truemove H mobile subscribers.

Comment: I expect to see more of these players in the market. There is always the question of the license for the business and the ability for firms to secure this.

WHA cuts FY20 revenue growth target to flat yoy from 15% prior as C19 opted buyers delay purchase, cuts FY20 IE land sales target to 360 acres from 560 acres, will book Bt4b revenue from disposal of assets into REIT in 4Q.

Comment: If it wasn’t for the utilities/asset sales, their earnings would be as poor as AMATA’s.

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