BEYOND sees higher revenue yoy, sets Bt2.8b service revenue, +31% yoy, sees growth momentum in 2Q, expects to sell 52 rai of land in Rayong worth Bt600m by end of year.

Comment: Ahhh this name, so remember this is the reverse IPO of the four seasons hotel project @ the river into a mining co, done by the country group family. POS list, until they prove they will respect minority shareholders.

CH reaffirms solid 2Q from strong mango snacks exports on high season, larger exposure to US & EU market, market penetration via souvenir to capture demand from tourists, mulls adding more dry fruits products, join trade fair to expand OEM clients & international market, firms on 10% full year revenue growth target.

ILINK sees positive earnings momentum carry thru 2Q driven by robust demand for solar & LAN cable, healthy margin on low raw material costs, tailwind from EPC cable & power distribution project, mulls tapping in EV charging cable to expand segment coverage.

Comment: ILINK and ITEL look to be firing on all cylinders at the moment.

RS is nearing a JV deal with unnamed international partner to ramp up its music business unit this year, sees revenue from music business at Bt700m, or 15% of total revenue of Bt5-5.5b this year.

Comment: If it was a good deal they would be whispering it around all over the market

SAWAD to raise interest rate for Ngern Sod Tan Jai from 15% to 18%, after wrapping up buying back from GSB, while SCAP to trade new par next week, sets 30-40% loan growth.

Comment: So much for the government getting involved in this industry…the professionally loan sharks took back the business and raised rates.

TASCO expects 2Q asphalt sales volume flat qoq from high base in 1Q as overseas demand able to offset low season for domestic market due to long holidays in the quarter, firms on plan to add 4 vessels to improve feedstock & cargo management, maintain 1.3m full year sales volume target.

TKN plans to add 5 Tao Kae Noi land branches this year as ytd snacks sales jumped on return of international travelers, keeps 15% full year revenue growth target.

Comment: Hmmmm, seeing is believing.

WHAUP secures 2 big projects in the EEC, supplying water to solar panel producer from China and medical glove producer worth Bt2.9b in total.

Independent financial adviser (IFA) said SABUY’s shareholder to vote on June 1 for a conditional tender of AS, <380.85m shares @ Bt18.5 each and <4.96m units of AS-W2 @ Bt15, worth total Bt7,137m.

UAC’s planning to develop an EV related business in Laos once it adopts EV tech to support its refuse derived fuel (RDF) production and transport within the country.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.