ALT reaffirms solid 3Q from revenue recognition of smart meter projects for Provincial Electricity Authority (PEA), expects to secure additional private PPA solar rooftop as demand for energy saving grows among corporate, SMEs & developers. HTECH sees 100% yoy jump in profit this year to Bt132m, boosted by strong demands from EV related , expecting […]

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AOT: Thai Smile to resume Phuket-Hong Kong route, 4 weekly flights (Monday/Wednesday/Friday/Sunday) from July 2. Comment: Initial travelers are going to be all over the local news, and then disappointment will set in as the figures are lower than expected, and then it will ramp up faster than the infrastructure can manage. BAM sees 2Q turnaround […]

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BCH’s confident covid tests could reach 500K in 2Q, after 300K tested in April-May, vs 390K in 1Q, while the country’s doubling of Moderna quota to 10m doses should also help boost 3Q earnings. Comment: And they are increasing the fee’s for the COVID patients. CCET to temporary halt operations at Petchaburi plant from May […]

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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, […]

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BCP: SSO cuts holding by 0.0802% to 14.9595% of total outstanding on May 5. IVL sees positive growth momentum 2H21 from recovery global demand for PET, IOD & gasoline, expects full year PET spread remained high from healthy selling price due to low output from China, sets US$1b capex to revamp plants, recycling business and […]

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BANPU expected to report after market shut, Bt993m consensus. Comment: Commodities – Let’s see what the #’s are. What a busy week it is. GPSC reports 1Qnp @ Bt1.97b, +25% yoy, thanks to higher profit sharing revenue from Xayaburi hydro power, gains from disposal of Global Renewable Power and dividend income from RATCH, Rayong Waste […]

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ASW, real estate developer, Assetwise, debuts IPO 206m shares at Bt9.82 apiece, ASP leads Comment: Does it make sense for the pop on a fundamental level? NO! But on a funnymental level, oh hell yeah. Small float, retail investors back and active. BAY’s adding more health insurance products on shelf, aiming to boost fees from […]

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ACE and UAC are to submit bids for 10 and 6 community PP permits today. Comment: ACE > UAC (police connections help) AH sees capacity utilization above 80% 1Q21, expects positive parts sales momentum carry thru 2H from improving auto market, eyes 10-15% revenue growth target. Comment: Then they are maxed out. BGRIM is in […]

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BCP sees returning to profitable this year, after oil price and GRM recover, sets 100K bbl/day capacity target and Bt23b capex to expand retail stations by 100 and Intanin coffee by 150, and submits filing for BBGI listing in 2H21. CSS targets FY21 revenue growth >20% driven by telco network installation & maintenance projects, recognition […]

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MGT: allots Bt200m budget for M&A, aiming to branch out from industrial chemical to F&B, pharmaceutical & cosmetics chem solutions eyes 20% revenue growth target. Comment: Why don’t they just say they’ll do cannabis and watch the share price rise 20-30%? MINT: board approved issuance 2 tranches of warrants total 341.26m units to existing holders […]

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