BCP expects earnings bottoming out in 2Q from 27 days maintain shut down at Prakanong refinery & 5 weeks at Statfjord O&G EP field, anticipates 3Q recover from higher output & improved crude oil processing rate per day.

Comment: And it’s being added back to the big boy index.

BEM: transport minister mulls extending toll way concession by 22 years & 5 months till eo-FY58 in exchange of Bt30b investment in double deck express way project (Ngamwongwarn-Rama 9) with fare capped at Bt50/trip, aims to conclude deal by end of year.

Comment: DO NOT EXTEND THE CONCESSION. It’s time that Thailand gets the benefits of this..but whatever, BEM/CK will happily make $ and then the family offspring will comment in private that Thailand isn’t growing.

TOP’s on GS conviction list for “strong cash flow generation” “declining capex intensity stronger earning power”. It’s Clean Fuel Project to generate sustainable fuel stands to generate a 45% rise in capacity, 40% EBITDA/bbl, 37% EBITDA CAGR FY24-26, TP Bt75.

SIRI expects 2Q residential transfer exceeds Bt10b, keeps Bt52b FY sales target, FY revenue @ Bt43b, sees demand for premium SDH remain strong, no issue on re-payment Bt7b bond mature this year.

SET urges investors to use caution before investing in stocks that heavily pledged as collateral for margin account: SCM 52.09% of paid-up, GPI 51.12%, SAAM 49.98%, TFG 47.27%, YGG 46.37%, SA 41.21%, NRF 38.2%, GLORY 37.06%, IP 32.95%, SFLEX 30.96%.

Comment: I’d get ready for TFG shares if true…

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