PTT’s board approved buying TOR documents for the high-speed rail lines connecting three airports, saying this offers future potential growth. It has not decided whether or not it will do a JV. (Khao Hoon, 26/4/18)
Comment: Will be the ex-PTT ministers in the government push things PTT’s way?
SUPER shareholders approve Bt36bn bond issue, reducing financial cost by 1.3-1.5% or Bt300-450mn/year. It expects to file for the setup of an infrastructure fund worth Bt9bnin May-June. ( Khao Hoon, 26/4/18)
Comment: Oh is the infra fund happening again? How long has it been now? 3 years? 4 years?
TMB & KTB merger? TMB and KTB said their boards are going to discuss about a potential M&A. (Khao Hoon, 26/4/18)
Comment: Not quite correct in the news however given the BOT announcement every bank’s board will (or should) be discussing about the impact on their own businesses and potential investments to make or consider
TPCH is paying a dividend of Bt0.0563/share on 2017 with XD on 7 May. It targets raising biomass power production to 200MW from currently 110MW. (Khao Hoon, 26/4/18)
Comment: A now long delayed target faced with government issues
SCC expects 2018 sales to come in lower than targeted due to a stronger THB and higher costs in line with rising fuel prices. The petrochemical complex in Vietnam is expected to start construction in 2H18. Its 1Q18 earnings were Bt12.4bn, -29%, dragged down by a stronger THB. (Khao Hoon, 26/4/18)
Comment: Partially the baht, in reality chemical spreads
TISCO is paying a dividend of Bt5/share and will post XD on April 27. (Thun Hoon, 26/4/18)
ILINK said it expects to turn around, driven by more orders and no special expense. It targets 2018 revenue to grow at 10%YoY. It plans to invest Bt200mn to launch another distribution center. ( Thun Hoon, 26/4/18)
Comment: And it could be a great recovery in the share price should retail investors believe this.

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