CV acquires 60% stake in VN wood pellet manufacturer, DKC Energy Joint Stock Co., to strengthen energy source for renewable portfolio.

Comment: How does a wood pellet manufacturer add to a renewable portfolio:?

PSL signed agreement with KR client, Pan Ocean, to lease ultra max vessel for 9-11mths at US$35.5k/day.

Comment: The smaller drybulk players like PSL and TTA are going to be $hitting cash til 2024.

RAM is to buy PP share of EKH in excess of 25% to become #1 shareholder, and will tender for the rest, Tabloid cited market chatters.

Comment: And where is THG in this game?

SEAFCO sets Bt1,600m revenue target this year, up from Bt1,477m yoy, supported by Bt1,500m backlog, sees recovery in construction business in 2H to help boost machinery utilization rate to 75-80% from current 50%.

SPVI sees 10-15% revenue growth this year, on plan to open 8-10 new branches, focusing on schools and campuses.

THANI sets Bt26-27b new loans target this year, from Bt23b yoy, boosting overall to Bt50b, a 5% growth yoy, supported by truck financing, and increases in maritime and machineries, while waiting for car title loan licenses.

TSR upbeats 2Q earnings from strong ice making machines & water purifier sales to F&B & hotel clients on summer season, expects positive earnings momentum into 2H on easing Covid curbs, eyes 20% revenue growth target.

Comment: The ice making machines was an interesting story as there was quite a drive of independent coffee shops throughout the country and the potential for them to supply to Amazon, but given the track record of the management team I’m not expecting any fireworks

WINMED sees growth momentum into 2Q, expected to book revenue from 1m ATK sales to public and via Pharmaceutical Org in BKK and surroundings.

Comment: Margins are 35-40% for these atk tests….

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