BEM upbeats 1Q earnings from 200k average MRT ridership/day, 1m trips tollway usage/day.
CENTEL sees recovery in hotel and F&B business to Bt5.9b and Bt12b to the level seen in 2019, boosted by relaxed PCR rules for tourists starting April 1, and 2 new hotels in Dubai and Samui.
Comment: No reason to be surprised, they have the assets, the balance sheet, the distribution etc etc, an easy example of one of the groups that will just take the market from their bankrupt peers
ESTAR maintained FY22 launch plan 2 condos in BKK & 2 SDH projects near EEC in Rayong total Bt3b, Bt1.4b backlog to realize this year, firms on 7% FY22 revenue growth target above Bt1.7b.
Comment: Cheap as chips, decent landbank, however no real consistent strategy from this co.
PTT will extend its price discount program on cooking gas for low-income people and street food vendors for another 3 months from April 1-June 30, said CEO.
SEAFCO signed 6 foundation work projects total Bt433.8m, lifts backlog >Bt1.5b, expects to secure additional contract later thus year from current Bt8.93b bidding.
TU expects pet care to be growth driver as people adopted more animals during pandemic, mulls listing subsidiary, i-Tail, to use proceed for R&D innovative products to enhance health & longevity of pets, allots Bt6b capex for new investment in food-tech & new value-enhancing business, target 5% revenue growth, 20% average margin.
Comment: Margin driven future, though yet to be achieved over the past decade unless there are strong moves in tuna prices…
WINMED firms on 50% revenue growth this year to Bt825m on rising demand for ATK test kits, new lady products to self-detect HPV in 2Q.
Comment: Let this company go bankrupt. (only bc I despise the fact that inaccurate testing kits are now accepted)