BCPG acquires 25% stake in Hamilton Holding to obtain indirect interest of 2 natural gas power plant (848mw & 857mw), transaction completed on Jul 12.

CPN in collaboration with J.Front Retailing of Japan in joint R&D, connecting Thailand and Japan, unveils Bt135b capex 2023-27 in >200 projects.

Comment: Continuing to cement their status as the retail king of Thailand.

JMT sees solid 2Q, firms on 30% growth target, debt collection on schedule, no impact from BOT’s measure, as asset acquisition are NPL, don’t fall into BOT’s classifications.

Comment: JMT is still going to be $hitting cash for the next 5 years.

LEO signed contract with PTT logistic subsidiary, Global Multimodal Logistics (GML), to rent out 300 thermal control containers for fresh fruits ship to China under 3 years contract.

Comment: Steady steady for LEO.

PHOL says 2Q growth was solid, on 3 core businesses, firms on 10-15% revenue growth target this year, from B1b yoy, supported by SAFETY business, 75% of group revenue, which sees rising demand from industrial clients.

PSTC mulls revising up full year LNG sales volume target, sees price drops to competitive level as another fossil fuels, recognition of construction revenue from gas separation plant (PTT GSP7 Interconnecting Pipeline project) to boost earnings.

PTTEP is expected to report solid turnaround from lower operating costs after revised terms of South Bongkot E&P field to product sharing contract (PSC), Bt862m hedging gains, higher production volume from Erawan field, Mitihoon.

Comment: Risk on! (for now) let’s go oil!

SEAFCO firms on Bt2b revenue target this year, +140% yoy from Bt808m, supported by Bt1.5b backlog and new project, targeting 30% winning of Bt10b project bidding.

Comment: Still the best player in this industry.

TEKA wins a Bt1.098b construction contract from SIRI to build Ratchathewi condo project, lifts backlog to Bt4.2b, maintain Bt2.2b full year revenue target, +13% yoy.

Comment: Sansiri looking to cut costs?

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