CENTEL: is expected to be the main beneficiary from extend Thai traditional holiday to 5-days in Apr after government declared extra holiday on Apr 12 for government offices & state agencies thanks to vast hotels coverage across country, upside from F&B unit (CRG), Thunhoon.

Comment: Well no…but fine.

EURO: home decorative products distributor, Euro Creations, debut IPO 78m shares at Bt10.6 apiece.

Comment: THE luxury player in home decoration – not sure why they’re going public…it appears they’ll go down the multi-brand multi-product route…let’s see.

MC: 2Q24 net profit (end of Dec23) @ Bt282m +14.8% yoy, topped Bt271m consensus, pays Bt0.5dps, XD Feb 28.

JPARK: wrap up parking lot project total 2k slots under a 30 years contract, firms 30% full year revenue growth target.

Comment: Now that’s interesting.

TKN: targets 15% revenue growth driven by larger overseas sales thru key market in US, Indonesia & China, tailwind from domestic sales supported by foreign tourists, roll out baked seaweed snacks to diversify from fried, tempura & roasted seaweeds, fill demand from health conscious consumers.

Comment: It’s a question of margins for them.

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