KTC expresses interest in bidding for Citi’s consumer loan port.

Comment: At the end of the day, I suspect that citi will be disappointed by the bid offers from the local incumbents as there should be overlapping in the customer base.

PR9 accepts booking for Moderna vaccines, expected to arrive in July at the earliest, confident of achieving double digit growth this year if vaccination plan goes to plan.

PTTEP upbeats long term future following successful Oil & Gas discovery at Malaysia Block 438, 2.23 km depth, 108km off coast of Sarawak yesterday, will drill another well in this block in 2Q.

Comment: Gas and Oil prices are higher than pre-wuflu.

THAI creditors yesterday formally approved the airline’s debt rehab plan which emphasises the state’s role in helping the struggling flag carrier access fresh cash injections.

Comment: Well, we’re getting different messages about this. In some news you see that the state won’t support a Thai recap, in other news you read that it will.

THANI targets new loans topped Bt2b/month in 2Q from credits demand from e-commerce & logistic expansion, expects less LLP in 2H from improving assets quality, maintaining Bt24b FY21 new loan targets, lifts total loan book >Bt50b.

TQM reports 5M21 Covid insurance sales topped Bt800m, vs Bt1b full year target, reaffirms Bt25b total sales target.

WP reaffirms solid 2Q from cooking gas sales from dine-in restriction & WFH.

XO sees 30% qoq growth in 2Q21, after securing Bt450m QTD, thanks to its strategy to help distributors pay for listing fees.

Comment: They already had a fantastic 1Q21. And they are part of the hemp story as well.

  1. If General Prayut pulls the rug out from under THAI it will be the first indication of fiscal good sense from that quarter in a very long time.

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