GUNKUL prepares 120 rais of land for 1st phase of hemp plantation in 3Q21, expects Bt1.2b revenue p.a.

Comment: Funnymentals, loving this retail driven (though even local insti’s are all over this at the moment) cannabis trading market.

LIT target FY21 loan book +10% yoy above Bt3b, to tap in SMEs that ties with government procurement & infra constructions, rolls out bid bond, factoring service, projects backup financing to help SMEs for participate government bidding.

MICRO to open 4 new branches 1Q21, focusing on truck financing, sets 30% loan growth to reach Bt4b, confident of keeping NPLs below 3%.

MCS reaffirms solid 1Q from transfer steel module to 2 mixed used projects in JPN (Toranomon & Azabudai) higher utilization rate in February & March, target full year transfer >50kt, expects SET’s approval to change sector to building material from steel as company produce fabricated steel for high-rise construction not steel mill.

Comment: Bam bam bam, and then the question will be … what’s next? And how will future margins look with the huge rise in steel prices?

PRINC to import covid vaccine in 2Q21, after receiving a permit from FDA, to open Srisaket hospital in April.
Comment: Anutin is laughing to the bank with his kickbacks. Remember this is a baby BDMS in the works.

STI sees record revenue and profit this year, supported by Bt4.2b backlog, of which Bt1.9b will be booked this year, mulls bids for Bt2b projects and one M&A by end of year.

Comment: They’re aiming for 20% growth p.a. for the next 3 years. And if Charoen and friends keep giving themselves construction projects to manage (check the shareholder list) then why not?

TRUE sees single digit growth in rev this year, target 1m 5G subs by end of year, keeps Bt40-60b 3-years capex (2020-22), mostly in infra network.

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