AAV sees Apr load factor >90%, 80-90% for the first 2 weeks of May, supported by 3 new routes from Chiangmai to Beijing, Hangzhou & Changsha, aims to secure at least 10-15% market share from Chinese travelers visit Thailand.

Comment: The Red wave is coming.

CHAYO anticipates Bt150b NPL flooding in the system 1H23, allots Bt2b to scoop up debts, will book remaining Bt800m from NPA sales at Yao Yai island this year, firms on 25% full year revenue growth target.

Comment: CHAYO is a B grade JMT, but at the right time it’s a great name to hold.

IMH secured annual med check up contract for Lotus’s 30k employees, in talk to buy 1 hospital, will wrap up this year.

Comment: They made $$$$$ during covid with the testing facilities, now their earnings are -80% but they’re cash rich. Will be interesting to see how this company allocates it capital.

IRPC’s diversifying into agriculture business thru the development of a new nutrient fertilizer to increase crop yields and prevent ailing plants from perishing. It plans to produce liquid fertilizer under the Renifoxx brand.

RATCH to increase its power production capacity to 12,460MW by 2030, from 9,801MW at present, via 18 projects including fossil fuel and renewable energy development across SEA.

SGP targets 12% FY23 revenue growth to Bt110b, 4.05m tons LPG sales volume target +12% yoy, sets Bt500m capex to expand LPG depot & filling plant in Thailand, Penang & Vietnam.

SNNP sees growth in every quarters this year, on higher capacity, new drinks, snacks and sale promotion, mulls starting Bento production in Vietnam late 2Q, adding Bt1b revenue by end of year, firms on double digit revenue growth.

Comment: Just continually growing and growing. I’m awful at picking these consumer names in Thailand, never have been able to figure out why some brands do well when others don’t.

TU sees continued recovery in Red Lobster, with losses to drop by 50% to -Bt600m, from -Bt1,200m yoy, no plan to liquidate.