BRR expects 70% revenue growth target this year to Bt7b on higher global price and solid growth in biomass power plant and wood pellet business.

FPT sells build-to suit warehouse in logistic park Ayudhaya to Watson (TH), the 3rd distribution center at Bangpli & Khonkaen logistic center, target cod within 2Q23.

NWR firms on 50% revenue growth this year, on new projects, boosting backlog to Bt40b, mulls Bt20b worth of bids in 2H.

OR opens its 14th branch of Café Amazon in Vietnam, target 20 by end of year.

PRM will book gains from disposal of 1 VLCC in 3Q, sets Bt1.89b capex to add 3 tankers (1 crude, 1 chem & 1 floating storage), firms on 10% full year revenue growth target >Bt7b.

Comment: The key is the swing in the bottom line in the 2H.

SABUY sees solid growth in 3Q, supported by all segment of business, including contribution from TSR, sees revenue at Bt5.5b this year and Bt20b next, to wrap up AMC deal and others worth several billions.

Comment: One does wonder whether or not they will be able to make this all a success. I don’t hold TSR in high regard…but the CF’s out of TSR in the past were decent.

SGF in talk 2-3 potential partners to jointly expand lending products, aims to diversify from P-loan, leasing, factoring to balance revenue mixed, expand segment coverage, explore new market upcountry.

TIPCO & HTC are expected to benefit the most from delayed sugary tax hike phase 3 for additional 6 months as SAPPE-CBG-ICHI formula already contain sugar <8g/100ml, Tabloid.

Comment: Short term pumps. In 6 months it’s still going to hit the numbers. HTC hasn’t been in the news much, but it’s been a solid performer since I first looked at them over a decade ago.

THAI’s expecting its revised business reorganization plan to be accepted by the Central Bankruptcy Court in early Oct, despite some opposition from its creditors.   

Comment: Looking fwd to trading this again when it relists.

TOP sets final share offering price at Bt53.5, 2.72% discount from previous closed price at Bt55.

NBTC calls special board meeting today to discuss Council of State ruling that NBTC has no power to rule on planned merger between TRUE/DTAC.

Comment: What a drama this has turned out to be, now the NBTC members can’t ask for kickbacks from True & Dtac to get the deal to go through.

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