BBL expects 2Q NIM flat qoq from 2.5% in 1Q as cost of funding also drops from repricing deposits, sees no impact from debt moratorium as consumer lending account for marginal in portfolio.

BTS sees full year ridership drops 10% yoy; but no impact to revenue thanks to cod of greenline extension stations, compensation from BEM in exchange for Yellow line extension (Ratchada-Ladprao) and boost from associates inc, Taksin station upgrade to begin this year.

CBG to expand energy drink sales in China, target 400m cans sales p.a., expects breakeven within 3 years, will boost market share of functional drink, Woody C+Lock from current 6% to 10% by end of year.

Comment: And we’re off the races, CBG vs OSP

JKN issued and offer CD to North Haven Thai Private Fund Equity managed by Morgan Stanley, also appoints 2 directors from Morgan Stanley to lead business globally.

Comment: Basically an expensive form of financing.

MINT said $300m bond was 11X covered, offering 3.10% interest, for debt repayment and working cap.

MINT sets RO price at Bt18.9/share, ratio 8.2:1 to existing shareholders, XR June 26, sub period from July 17-23.

Comment: And the dilution is less what the market expected…hence today’s little rally.

ORI reports Knight Bridge Prime Sathorn projects worth Bt3.9b 100% sold out, expects fully transfer by end of July.

Comment: Sure, lets see what is transferred and lets see what the margins are.

PTT sees turnaround in 2Q on absence of stock loss after oil price rebound.

SAWAD’s board approved Bt1.4 dividend and free warrant at 25 share : 1 warrant.

Comment: A positive surprise. These groups are the only ones providing liquidity throughout the country at the moment

SPALI sees 1H20 sales topped Bt10b, maintain 2H launch plan 20 projects total Bt21b, Bt38.7b backlog and Bt13b ready-to-move-in inventories to support growth, target full year revenue no less than Bt24b.

Comment: Watch them eat up more market share in the low-rise housing market.

STEC upbeats 2H earnings from completion of several construction contracts, Bt80b backlog to realize over next 4 years, will bid for Bt30b U-Ta-Pao airport projects in 4Q, firms on Bt35b full year revenue target.

SUSCO maintenance capex at Bt300m for 20 new stations, sees 10-15% drop in sales.

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.