BBL’s firm on 4-6% loan growth target, sees lower LLP at Bt26b vs Bt34b yoy, mulls JV to set up an AMC to manager bad debt.

Comment: Read between the lines “THERE IS A STUPID AMOUNT OF BAD DEBT”

GFPT reaffirms solid earnings from strong poultry orders from EU to replace supply from Ukraine and demand from middle east, expects margin under control in 2H after government open room to import feedmill, strong average selling price and tailwind from weak THB boost earnings.

Comment: Lets see if this is real, I have a lot of doubts over margins being strong

GLORY acquires 40% stake in IT security co., (INFINITY), takeover on/offline health supplements co., DD-Twinone (DD-II), SEC filing.

HMPRO targets 5-7% FY22 sales growth driven by positive SSSG, recovery demand for home appliances & cooling products, contribution from 7 branches in Malaysia and e-marketplace channel in Vietnam.

Comment: Just taking and taking away the market share from any weaker player. I do wonder what the impact of e-commerce has been on their smaller ticket items ie baskets and what not “cute” things that people buy for their homes/offices

SMT sets Bt150m capex for bitcoin mining, target 200 machines in 1st phase.

Comment: BTC, whilst I love the idea of it, can’t help but imagine what if governments go completely cashless within the decade and then tax the f out of btc and its cousins.

SVOA upbeats FY22 earnings from higher associate income from IT retailer & hire-purchase unit (IT & LIT), EPC hardware replacement contract & network projects for government agencies, finance institution, insurers & healthcare.

Comment: So with SVOA saying to look at the enterprise IT purchases instead of retail purchases, does this signal that retail buying has died off YoY?

TISCO: Massachusetts Financial Services co., raised holding by 0.0271% to 5.0226% of total outstanding on May 3.

UBE expects to wrap up 3 M&A in 2H22 including sweetener, bakery & organic rice, seeks to branch out from ethanol, tapioca stach, gluten free flour & organic products to enhance value chain, boost margin & diversify earnings.

Comment: I’m curious on this smaller co, from what I gather margins should be better than expected

ZEN sees recovery traffic at Yakiniku grilled meat & hot-pot cuisine supported by group dining as curb eased, mulls adding branches in hypermarket to boost traffic.

Comment: And they’ve increased their prices as well. The larger players can easily pass the costs on, the smaller ones well…

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