BBIK keeps 20% FY revenue growth target driven by digital business advisory & management consulting for virtual bank, as well as AI adoption from corporate including financial institution, insurance, manufacturing, commerce and energy sectors, seeks to expand CLMV.

Comment: Not sure on the value of the digital bank, but BBIK is still considered one of the better players in the industry. Note they should be valued as a consulting companies and not as a “tech” company. 

BCP sees ytd avg monthly fuel sales volume at 700m ltr/mth, market share at 30%, expects GRM continue to improve in 3Q as Asian diesel crack spread has rebounded in Jul from Jun thanks to robust import demand from EU while upstream unit (OKEA) operation should improve on absence of impairment charges and pickup in sales volume.

Comment: Let’s see how far the “new shareholders” can go at driving the increased value of this name. But there is a governance stink as plenty in the industry now suspect that Mr. T and friends money are behind this…

CIVIL signed 10.77km highway construction contract, Trang-Khuan Kun section 2, valued at Bt648.17m.

GULF buys remaining 33% stake in Suntech Innovation from WasteTech Exponential (WTX) for Bt93m, lifts holding to 100% post transaction, will obtain total contract capacity of 16mw waste power schedule to cod in 2027.

SC logged Bt5.2b SDH sales in 2Q +118% qoq & 31% yoy the highest in 8 quarters, lifts 1H25 total sales to Bt9.613b, +4% yoy, maintain 8 projects launch plan (6 horizontal, 2 vertical), keeps Bt26b FY sales target, Bt25b FY revenue.

THAI CEO expected to resume trading on the SET in Aug, after Bankruptcy Court lifted its rehab status on June 16. Apart from MoF, BBL (8.51%) and KTB (4.69%) are among largest THAI’s shareholders.

Comment: My friends already know what I think. Small float, no sellers, will be added to the index.