ACE reported cod-ed of 5 solar projects combined 35.4mw, lifted total to 89 projects with total installed capacity of 726.15mw (34 cod-ed 349.21mw & 55 under development 376.94mw).

AWC upbeats FY25 outlook from 13% increased hotel room capacity (7,052 rooms) as several hotels scheduled to cod this year including Melia Pattaya, Pattaya Marriot, Fairmont BKK Sukhumvit and Kimpton Hua Hin while commercial operation should improve from higher OCC at The Empire Tower plus improved traffic at Asiatique after cod-ed Okura Cruise in Dec 24.

Comment: In 1-2 years the room rates in Thailand will top out again and be stuck or decline for another decade, as all the delayed pent-up new supply hits the market.

EASTW reported total of 4 directors have resigned from independent director & Audit Committee, effective Jan 1, 2025.

Comment: Well then…. what’s going on here, it used to be a no brainer compounding ground water utility company, but then in 2023 the treasury department took away 4 operating assets from EASTW, and remember their largest shareholder is the Provincial Water Authority

INTUCH mulls paying special dividend Bt4.5/share total Bt14.4b before completion of amalgamation with GULF, will hold board meeting in Feb.

SAV reaffirms solid 4Q24 supported by strong air traffic control revenue thanks to surged traffic thru Cambodia to Vietnam on tourism high season, expects positive earnings momentum continue this year driven by upcoming cod of new Cambodia international airport (Techo International Airport) set to launch in Jul.

WARRIX eyes 20-30% CAGR in FY25/26 supported by higher proportion of non-licensed products, improved sales across CLMV, wider distribution thru modern trade, official stores, pop-up stores and online channel, aims to increase brand awareness to boost fan base, expects to sign 2-3 soccer clubs for official kit supplier contract this year.

Comment: But the Chinese are coming in hard, and WARRIX only has the football monopoly (which is still impressive)