GULF: report cod of 68.8mw Vietnam solar on March 6, additional 50mw to cod in May, target 30% revenue growth this year above Bt 33b supports by full year contribution of 8 pp cod-ed last year.

Comment: And they’ll continue reporting such news and numbers for the coming 2-3 years

SAMCO: board approved estimate of community mall trust, will sell 3 malls combined Bt 1.1b into REIT in 4Q.

SAT: firms on 5% revenue growth target driven by recognition of auto parts orders pending from last year, new parts order for Kubota’s agriculture machineries, allot Bt 500m budgets to revamp product line.

Comment: I still worry about this sector. Thailand is one of the few countries in the world where the domestic car market is still growing YoY (however it was due to the Yingluck’s government pulling a lot of demand forward => huge boom => huge drop => 2017-2018’s looking great YoY

TU: signs MOU with Alibaba’s global sourcing platform for fresh food, Win-Chain, to supply TU’s seafood prods in Chinese market, both online & offline.

TRT: upbeat FY19 earnings from healthy demand for power transformer supporting by government infra expansion, launch new products, Prefrabicated Substation, to fill demand for underground wiring projects, expects to wins 20-25% of Bt 13b current bidding, eyes Bt 3b revenue target, Bt 1.25b out of Bt 1.74b total backlog to realize this year.

Comment: This whole sector seems to be struggling

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