EE’s ready to speed up expansion in hemp business, in M&A and JV, with Bt600m capex to boost current crop from 50K, to deliver all canabis flower to JP at Bt7,500 to Bt20,000/kg depending on CBD percentage level.
Comment: Here is the issue atm for the cannabis space, no one knows the market price, the spread is massive.
NER said rubber price had risen by 10-15% yoy, due to Russian-Ukraine conflict, in line with global price, but sees limited impact from shipping costs as it has re-focused to domestic sales, and has struct a deal with customers to share 50:50 on extra shipping costs.
Comment: It’s party time for every commodity player.
SABUY signed partnership with BCP to establish Shipsmile parcel drop-off kiosk for Shipsmile service at retail stations nationwide.
Comment: They’ll utilise BCP stations.
SYNEX sees FY22 sales reaches all time high >Bt40b, +15% yoy from healthy demand for IT products from corporate investment, tailwind from gaming products, expects wider margin this year from house brand & cyber security business.
Comment: We’re already in a cyber war. Thought names that benefit from this should be far higher, perhaps no one cares about hacking into Thai institutions much…