BANPU’s renewable subsidiary, Banpu Next, to cod 16mw solar floating in Lakchai Industrial Estate Rayong mid-FY22, inked deal Apex Green Industrial Estates to develop 32mw projects.

Comment: Minimal impact to their bottom line, however does show that they are continuing on the group’s strategy to go renewables/green

CIVIL said to boost backlog to Bt20b by end of year, from Bt15.7b currently, boosting revenue growth >20% this year or Bt6-6.5b.

DUSIT targets 75% OCC this year vs 40% in FY21, expects higher RevPar yoy from Bt 1,800/room/night from higher foreign travellers yoy, tailwind from residential projects, Dusit Central Park, and F&B unit (Dusit Gourmet) to boost earnings, will add 5 hotels over next 2 years from current 47 property in 12 countries total 10,907 rooms.

Comment: That would be quite the achievement to have a 75% OCC when the 1H22 is most likely going to be ~30-50%, not entirely convinced that any hotel will have 100% occ in 2h22…now the dusit central park project is a winner.

FTE recovered PO & work order on fire suppression system for 18 construction projects total Bt75m.

M expects meaningful turnaround this year from improved restaurants operation, wider margin aft closed non-profitable branches, costs saving, will open 8 branches this year, hike price by 3-5% to incorporate with higher costs, boosts online campaign & delivery sales to boost earnings.

Comment: Their restaurants are still busy, they have already replaced 1/4 the wait staff with robots for food delivery and they are going to pass on the costs of food to customers without issues.

PERM sees >10% revenue growth this year on higher steel price, to list subsidiary SUNTEC in 2Q.

SABUY to launch 2 digital coins, Speedkub and FIIT Token, on May 12 and list in Binance, to open Crypto Payment Gateway in 2H22, to seek broker/dealer license and launch services in 4Q22.

Comment: A lot of plans, I look forward to seeing this executed. But what does this actually drive cashflow wise into the company?

SCB reports 49.61% had submitted for share swap to SCBX, as of Mar 22, including Vayupak Fund’s 23.1024%.

Comment: And then after scbx is listed, they can file for SCBS to be listed and to be touted as the digital exchange play for the region and potentially be rated as a techco…even though we all know that it is just a POS.

SYNEX debuts house brand gaming accessories, S-GEAR, expects wider margin after up the value chain, seeks M&A cyber security, software partners to diversify earnings.

WP’s upbeat 1Q LPG sales volume as demand from LPG vehicles grow amid high oil price, maintaining 765k tons full year sales volume target, mulls expand LNG capture industrial users.

ZIGA sets 15% growth in existing business, with extra boost from new business in bitcoin mining, after installing 400 machines.

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