BCPG: Posted net profit of THB626m, reversing a net loss of THB28m a year earlier and in line with consensus of THB630m.

Comment: Thaksin and friends are going to make bank on BCP if they can truly turn it around.

CPF: Announced the dissolution of nine UK subsidiaries engaged in import businesses for processed and ready-to-eat foods. These entities had not yet commenced operations, and management confirmed no future plans to do so.

SEAFCO: Preparing to study and submit a bid for the double-deck expressway pile project under CK/BEM, which could lift its backlog to over THB2bn (Hoonsmart).

Comment: They’re the only real player in town for this..

THANI: Reported net profit of THB300m (+279% y/y), beating consensus estimate of THB260m.

Comment: Could this finally be the turnaround period for all these businesses? Thani needs sme’s to start buying trucks again.

WHA: Signed a built-to-suit warehouse lease agreement with CRC’s hardline unit, Thai Watsadu.

SAWAD and ITC are expected to be included in the SET50 Index, replacing VGI and BCP in the upcoming 1H26 MSCI rebalance (Kaohoon).

Comment: It would be amusing to see the POS that is SAWAD catch a bid just purely because it’s being added to the SET100 again.