EA upbeats 1Q earnings from higher revenue recognition yoy from 664mw capacity, mulls to revise down full year revenue growth target from 30% as EV business and biodiesel are taking hit from virus, seeks M&A to boost capacity.

Comment: EV business….sorry but with the issues surrounding the raw materials for this battery tech I don’t see it coming. I wonder what the pivot will be. 

EASTW signs water sales contract to CBG, expects to close 2 more deals this year, sees strong demand from draught impact.

Comment: And what will happen to their water supply in the future as China continues to prevent the water flow to the Mekong?

GULF to trade new Bt1 par today, from Bt5, adjusted closing price is Bt34.9.

Comment: Perhaps too large to have much of an impact

KBANK increased stake in PT Bank Maspion Indo Tbk from 9.99% to 40%.

LPN: Aberdeen Standard (TH) cut holding by 0.1207% to 4.9225% of total outstanding on Monday (Apr 13), SEC filing

Comment: Big boys are just slow. 

MC sees soft 1Q from retail outlets shutdown late March, shifted production line from denim outfits to face mask & face shield since Jan, aims to curb costs and boost online sales.

Comment: With everyone shifting to masks, cost/mask decreases, and if this period regarding the virus is over, what will a mask be worth? Oh yes, Thailand is still in the top 10 for air pollution…

RS sees DTV business turnaround as audiences grow from WFH policies, add more contents and home shopping to boost revenue.

Comment: Sure but does it offset the loss in advertising?

State Enterprise Policy Office said whoever bailout THAI must be state enterprise, so THAI could maintain its status. Capable state enterprise is Government Lottery Office, Vayuphak Fund, Government Saving Bank, KTB, AOT and PTT.

Comment: From its low its up 3x, just watch…they want their free business and first class trips, its more important than paying 5,000 baht to 9 million people.

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