CIVIL upbeats 4Q earnings from Bt1.38b highway project transfer to Department of Highway, Bt23.92b backlog assures earnings visibility.

COTTO: 3Qnp @ Bt210m, +55% yoy, thanks to lower energy costs for tiles & building material production, sales +4% yoy, board approved investment in production line of stone plastic composite (SPC) capacity 1.8m sq.m. p.a. at Hinkong factory of SCG Ceramics.

CRC debuts first branch of wholesale membership store, GO Wholesale, today at Srinakarin, target 4 outlets by end of year.

Comment: You can see that the market is going to price this into MAKRO’s potential performance. Central are the retail kingpins, CP have been living off the legacy of the professional management teams that grew 7-11, Makro, and Lotus to where they are today.

EASTW signed water sales agreement w/ AMATA to supply water 6k cu.m./d (2.1m cu.m pa) to Amata City Rayong 2 industrial estates under 30 years contract, cod 3Q24.

FSMART expects to begin installation DC platform of GINKA Charging Point w/in 1Q24, t/g 200 AC type 2 chargers installed by end of year from current 20 stations.

Comment: I think you’re going to be seeing a lot of disappointed BYD buyers in the coming 1-2 years. Just talk to any mechanic about how the battery housed.

IVL will not purchase any shares from tender offer of Israel nonwoven fabrics producer, Avgol, aft fails to get 95% Avgol shares aft offer.

PTTEP sees mediocre 3Q from lower O&G selling price as Dubai crude price dropped, expects sales vol pick up from 4Q fully operation of G2/61 Bongkot field, higher avg selling price qoq.

Comment: And yet it’s now one of the stable earning companies over the past 3 years.

PTT: Moody’s affirms Baa1 rating outlook stable.

SAPPE launches functional drink, B’lue Lemon, contains B3, B6, B12, t/g health conscious consumers, out on sales at 7-11 nationwide.

Comment: Let’s see how they do…a lot is priced in atm.

SCGP announced 2 merger & partnership deals w/ UK based Law Print & Packing Management ltd and ITA based med supply & labware manufacturer specialized in pipette tips, Bicappa Lab S.r.L.

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