EGCO’s confident of growth this year, supported by 500-600MW rise in capacity, including 272 MW from Linden Cogen in the US, which will contribute from 2Q21.

CHG reaffirms solid 4Q20 from strong OPF & IPD patients traffic, Respiratory Syncytial Virus (RSV) outbreak in infants and young children and tailwind from SSO patients.

FSMART plans to add more services via top-up machines, expects traffic remained strong as people avoid contact, will launch automatic café machine this year.

MBKET: FY20 at Bt484.45m +90% yoy

ORI to jointly develop 2 condo projects with Nomura Real Estate worth Bt3.6b this year.

Comment: What fear? They’re overleveraged, finding partners, and banks are not letting it go bankrupt. Amusingly, the news doesn’t mention that this was signed 2 years ago.

PDI’s shareholder voted to accept acquisition of 2 hotels from CGD worth Bt2,805m, and approved sales of 3 solar farms with 36.4MW capacity to BAFS, and issued 301.33 new share, be allocating 226m share to existing holders at 1:1 @ 10, and the rest reserve for PDI-W1 exercise.

Comment: At one point I’ll write a post on this…basically CGD family members bought into PDI, ~25% of the shares, then they use the cash in the public vehicle to buy their 100% owned private asset to cash out personally.

PTTEP said its Bt72b latest investment, 20% stake, in Oman is a success with immediate contribution, upside to DBS TP of Bt1.8 per share, increasing its portfolio by 15%

Comment: PTTEP’s share price is only pricing in USD 45/bbl atm.

Twelve listed firms with exposure in Myanmar may suffer after the coup, PTTEP, GPSC, SCN, ECF, META, TTCL, SCI, UPA, MILL, CBG, OSP, EGCO, Tabloid.

Comment: The drop is done, you’ve missed your chance to buy the decent names..for now.

SAWAD reports Bt3b CD, paying 3-3.25% yield soldout, mulls raising additional Bt 3-6b, upbeat outlook from low rates environment.

Comment: What financing issues? There’s an abundance of liquidity in the markets.

STC to cod new precast concrete slab plant in 2Q, expects big jump this year from higher capacity yoy, firms 10% revenue growth target.

SINGER anticipates strong home appliances sales 1Q21 from recovery consumption on the back cash handout stimulus, eyes 20-25% sales growth target this year.

Comment: As my colleague tells me, Pon you’re missing the story, just imagine that potential from the new business lines coming through JMART Group, to which I respond “yeah ok”. Let it run.

STGT to open 4 rubber gloves plants, boost capacity to 36b pieces p.a.

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