HMPRO will accelerate the rollout of new private-label items, add promotion and expand e-commerce channel to boost sales.

Comment: And their GPM will continue to expand.

JWD to take 20% stake in ESCO and sign a partner deal with PSA, the largest port operator in the world, and become a prominent operator at Laem Chabang port.

Comment: It only took a pandemic and the COM7 owner to buy shares for the market to value this company has.

NYT expects 2Qnp topped 3 years high driven by strong vehicles traffic at RO-RF pier, tailwind from terminal & storage services, improved utilization rate and costs control.

Comment: No surprise here given the massive backlog and reordering of vehicles by businesses in the West.

QTC moves from MAI to SET today, firms on Bt1,200m revenue this year, supported by Bt470m backlog.

Comment: A decade ago I would’ve said that this will lead to massive amounts of new volume into the share price. Now the impact is less so due to 1) brokers allowing margin trading for retail players at the same rates on both the MAI and SET. 2) Investment Committees in the smaller asset management funds aren’t as afraid of the MAI as in the past, therefore the potential of institutional capital doesn’t increase either.

STGT’s firm on plan to open 4 new plants this year, boosting productions to 35,800 mil pieces p.a.

STI secured Bt142m Interior Ministry contract, boosting backlog to Bt4,000m, expects to secure Bt400m U-Tapao contract in 3Q.
STI: Saha Pathana Inter-Holding or SPI, raised holding by 0.2511% to 5.1391% of total outstanding on July 22.

Comment: The big boys are coming together to make sure this contractor keeps winning projects.

THANI expects commercial vehicles HP recovery in 2H as demand for trucks grow on improved exports, maintaining Bt24b full year new loans target, Bt50b loan book by end of year.

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