DOHOME upbeats 3Q earnings from positive SSSG and order from government agencies, sees momentum carry thru 4Q from shopping tax break scheme and full quarter contribution from newly opened full scale outlet in Rayong and 2 Dohome To Go branches, expects demand for home repairing surge aft continuous rainfall.
EPG reaffirms solid turnaround 3Q from wider margins from low feedstock costs, improved economy of scale post reopen, expects momentum carry thru 4Q from higher auto parts and packaging order on improved market condition.
NRF reaffirms big jump 2H20 from healthy demand for plant-based meat, flavors and seasoning, positive momentum on co-packing and private label OEM order.
Comment: We’re still confused whether or not to jump on this plant-based rubbish. And it’s not even 10% of NRF’s revenue/profits.
SAWAD’s finance services unit, BFIT, reports 3Qnp at Bt431.36m, +34.13% yoy, higher NII & lower ECL boost margins.
Comment: Half of the profit gain came from a revaluation of financial assets, thus +17% still decent.
SCGP: SCG Packaging, a unit of SCC, debuts IPO 1.130b shares at Bt35 apiece, SCB leads.
Comment: Large cap, small bounce ATO, and hey its SCB IB apparently leading it, they haven’t done a decent IPO for donkey years.
SUPER secures $38m loan in Vietnam for its investment in 50MW Thinh Long Phu Yen solar farm there.
SUPEREIF suspends power gen of 8mw solar farm in Han Sai, Sa Kao province due to flood, targeting resumptions within few days aft damage survey, the property has insurance covered while the remaining 18 projects unaffected.