BCP: reaffirms solid 4Q from improved fuels sales volume since October, higher refinery utilization rate at 110k bblpd vs 90k YTD average, will add 47 stations to 1,300 by end of year, biofuel subsidiary, BBGI, on track to debut IPO 1Q22.
ITEL: mulls selling Bt 700m Interlink Data Center (IDC) in to REIT 1Q22, aims to use proceed to establish 2nd data center to capture demand for cloud services, develop Software as a Services (SAAS) as demand from corporate grows on lesser complex software & hardware management.
Comment: They will be doing it, even INET did as a first mover.
OR: set a roadmap to install 300 EV charging units at petrol station network nationwide by eo-FY22, sees value added to non-oil business from longer time spend at stations for recharging EV up to 20-30mins vs 3-4mins to refill gas.
Comment: It’s going to a slow roll out…..some stock prices (EA cough cough cough) are pricing in a rosy future.
PTTGC: expects sales rises by 7% next year supported by expansion of production capacity & sales from high-value added chemical products (industrial coating & PVC) from newly acquired assets, Allnex & VNT.
TPP: Thanarat Pasawongse, chief executive of Hua Seng Heng Gold Futures, raised holding by 12.48% to 24.985% of total outstanding on Monday.
Comment: Rare move, looks like major shareholders are taking more, combined ~65%