CPALL sets Bt4b to add 7-11 branches, target 13k outlets by end of FY22, in talk 7-11 to expand franchise in Laos after granted 30 years franchisee in Cambodia.

Comment: CP will feed the masses

CPF reports positive profit alert from HK subsidiary, CPP, 1H20np forecast at US$310-330m vs US$82m 1H19, supported by strong swine selling price and lower negative impact on changes in FV of assets of Vietnam farming business.

MAKRO to branch out from wholesalers & discount store chain to nano-fin business, sees opportunities from existing client base including caterers, restaurants, small retailers, individual.

Comment: Well that’s one way for CP Group to get into the loan business.

PTG reaffirms bottom out 2Q earnings from lower associate income, fuel sales volume 2Q rarely drop yoy, MTD-July fuel sales volume +10% yoy, expects positive momentum thru 3Q from improving economic activities & tailwind from domestic tourism stimulus scheme.

Comment: And as long as oil prices are stable or stable/slowly moving up their margins will be solid.

SINGER expects larger exposure in HP and auto loans business after participating BKK Motor Show event, aiming to capture finance demand from commercial and logistic segment.

Comment: Doubt the motor show business adds much. But they are aiming to have an additional THB 2 bn in loans this year from this business. Just imagine it becomes the next MTC/SAWAD.

SPALI to launch Bt962m Supalai Pride Lam Luk Ka Klong 6 this weekend, offering single and twin detached houses as well as townhome in the same project.

TRUE may report Bt1.031b 2Q net profit, after booking Bt1.852b gain from asset divestment to DIF, but FY20 may still be in the red, Tabloid.

Comment: What financial shenanigans is this?

WHAUP sees stronger 2H on higher water and electricity sales, keeps 5% revenue growth target, eyes bid for 400MW waste powerplants, sees no issue in redeeming Bt3.6b bond next month.

Debt management co expects to do well in 2H after banks report higher than expected NPLs in 2Q, positive BAM, JMT, CHAYO, Tabloid.

Comment: A friend said “The dirty secret is no NPLs have been on sale since Feb until now”

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