BIOTEC signed MOU Beijing Super Power New Energy Tech Development (BJGSP) to invest in solid state battery to fill demand for energy storage for solar farm & household users.
Comment: I have zero faith in anything a Thai company invests into in China. (exclu MINT with the food business)
CENTEL may see positive surprise hotel revenue from improved operation in TH & Maldives, indicated by advance booking in Pattaya, Samui & Krabi, expects F&B turnaround from improved domestic consumption, tailwind from shopping tax rebate stimulus.
RBF target FY23 revenue growth >15-20% yoy driven by recovery demand for food fragrances, flavours, seasoning & breadcrumb from abroad, sets Bt500m capex for new plant in Indonesia, revamp production line.
Comment: Despite the lack of cannabis volume, it’s still a great company in a growing industry. Question is just the current valuation.
SABINA sets Bt3.29b revenue target this year, a record high, on tourism recovery, sets Bt50-100m capex for new machineries.
Comment: It’s not tourists buying their product, it’ll be the staff working in the tourism related industries.
SISB sets Bt2.2b revenue target for its 5-year business plan, ups students target to 5,000 from 4,250, on expansion at existing campuses and new ones, sees 308% revenue growth in 4Q22, with 3,100 students.
Comment: As a friend says “this name never drops!”
SNNP sets double digit revenue growth target this year on recovering consumption and tourism, sets Bt1b VN sales revenue target and 50% growth in revenue abroad, to cod Bento crispy squid snack production line phase 2 in VN by end of May, earlier than schedule in 2H.
SPA in talk 3 hotels for outsource spa operations, sees margin upside from low investment costs.
Comment: They’ve built an amazing brand within a relative short amount of time. But earnings aren’t going to be near pre-c19 figures until 2024.
UV takes over STI, by adding additional 12%, boosting stake to 38.12% and assumes full control.
Comment: Left pocket, right pocket for the group.