EA sets Bt6b capex for expansion, soon to COD lithium ion battery plant 1st phase and electric bus factory, while Amita, a subsidiary in Taiwan, in jv with ITRI research institution to develop solid-state battery.

Comment: Good luck, keep up the ridiculous investments that will only pay off if the company gets a concession contract from the Thai government to be a sole supplier.

MICRO sets 30% loan growth target to Bt4b this year, plans 4 new branches, while keeping NPLs at below 3%.

NRF plans entering global e-commerce platform to boost sales to Bt3b, expands plant-based food, explores M&A and JV, sets 20% revenue growth target this year.

Comment: This stock annoys me, its treated like a futuristic business model, with plant-based foods even though its a small part of their total business. And I have issues with the “plant-based” model for foods, then again I love my fake chocolate and vanilla ice creams. So realise my biases when commenting I prefer 1) normal food 2) I devour steaks/red meat almost daily. But hey if there is a population in the world willing to pay more for the idea of plant-based foods, then understand the market.

PR9 debuts Praram 9 LASIK center, using ZEISS VisuMax med tech, expects strong demand from advance treatment technique & accurate outcomes.

RBF sees benefit from mid-upstream hemp business, already applied for extraction factory license, which would allow it to apply for plantation license.

RS plans new cannabis product, 4SKU, within 3-6 months after getting FDA approval, in addition to 6 new products planned for 1H21.

Comment: These guys know how to jump around between business models. I’ve come to realise that we have been raised to think about long term sustainability business models that rarely exist in this part of the world. Yes you have the Unilevers etc etc but when looking at companies in this region, one has to accept that things change. Especially below a certain market capitalisation.

SCB targets 3-5% loan growth target yoy from recovery demand for working cap, funding for M&A and government infra projects expansion, will add more wealth products to capture private banking clients, target Bt 1trln AUM by end of FY23.

Comment: The Julius Baer partnership is working gang busters for SCB.

SMPC target 8m gas cylinders sales volume +10% yoy from demand from household & industrial market, sets Bt100m to revamp production line to accommodate larger container size, expects wider margins this year from solar roof installed.

Comment: Great numbers

TKN in talk partner to jointly develop plant-based snacks, sees 1Q21 domestic sales recovery from 4Q20, expects exports sales return to normal by 2Q, eyes Bt5b-5.2b revenue growth target, margins above 30%, mulls tap in hemp & cannabis products.

Comment: Wouldn’t put it past the founder to figure out a way to develop a new product out of nothing. All those rumours about an MnC taking them over has proven to be false.

WP upbeat FY21 outlook from recovery cooking gas sales yoy on reopening of F&B, recovery gas cylinders sales and LPG transport on improved industrial activities.

  1. I want to know if SMPC has the ability to produce Hydrogen storage containers. I was unable to get a reply when I called. If the H2 revolution happens, this could be agreat opportunity.

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