BGC sees revenue reaching Bt20b within 5-year, eyes 7-8 packaging and energy M&A deals, with 1-2 within this year.

Comment: If their comps are seeing a huge drop in volumes, BGC could arguably pick up assets on the cheap

COM7 maintained parallel approach between on/offline sales, aims to maintain online sales above 10% of total revenue, in talk malls to cut rental fees, expects sales pick up on debut of iPhone southeast Asia in Thailand.

Comment: Iphone SE2! 

CPF reports Bt6.1b, +45% yoy, beats Bt4.68b consensus, thanks strong oversea sales +12% yoy; domestic sales +6% yoy, wider margins at 18% vs 14% 1Q19 thanks to improved swine selling price.

Comment: And of course the inclusion of CPALL earnings. 

CRC has rolled out a plan to help SMEs struggling with the pandemic by allowing free space at Robinson department stores.

Comment: How is CRC not worth zero? 

ILINK reports profit +84% yoy at Bt61m vs Bt33m yoy, supported by equipment trading & network projects, upbeats outlook 2H from power plant construction projects in Phichit & Ratchaburi total Bt302m signed in April, firms on 15% revenue growth target.

Comment: Finally a pick up for this small ICT player. 

GUNKUL reports solid 1Q at Bt439m, +95% yoy, thanks to 90mw solar cod in the quarter and 60mw VN solar cod 2H19, sees growth continue from 630mw PPA on hand (coded 300mw), will cod 10-20mw solar rooftop for CP & HMPRO in within 2Q, 30 mw Malaysia projects in 2H.

The newly appointed CEO of PTT vows to turn its revenue back to black this year after suffering a considerable 1Q loss of Bt1.5b because of the collapse of oil price.

SPRC cuts this year capex, focusing more on cashflow, will conclude 2 O&G projects within this year.

TOA mulls to upgrade production capacity in Indonesia, Cambodia and Myanmar plants, seeks branching out from paint & chemical products to capitalize on footprint abroad.

PM Prayut’s signaled that ailing THAI does not yet need to file for bankruptcy to prevent ruin as the Finance Ministry surveys all rescue options.

Comment: Now a part of me thinks that the government should just let Thai go bankrupt. Set up a new entity, let KTB write off the losses. Recap KTB, the investment required for this would be far less than keeping the current entity THAI afloat. 

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