AH

AH upbeat 1H earnings from delivery of auto parts to clients, expects full year exports sales +10% yoy, eyes 5% revenue growth target.

Comment: The profit growth is > than revenue but that’s due to their odd deal structure in India

BGRIM

BGRIM raised holding in subsidiary, Bgrim Solar Power Rooftop, to Bt251m from Bt10m to invest in 70mw projects, firms on 926mw cod target over next 5 years.

Comment: If not more.

CHO

CHO branches out from vehicles assemblies to trucks and trailers maintain services, Sib Lor 24 hours (10 wheels 24 hours), aims to capitalize expertise to balance revenue mix.

Comment: Love the fact that the bus issue is resolved for the company. Now I’m curious about their plans going forward, there’s a lot that can be fixed within the public bus management in Bangkok and CHO’s proven to be capable with this in Khon Kaen.

DNA

DNA: name change to More Return Pcl, ticker change to MORE effective today.

Comment: Dodgy Noname Anonymous company decides to change their name..so the question will be when will their share price start to act “volatile”

GUNKUL

GUNKUL will book revenue from 1.92mw solar roof installation projects in 1Q, mulls to bid for EPC contracts combined worth Bt30b, target to win at least 10-15%, eyes Bt7.5b revenue target.

SCB

SCB teams up GOOGLE to expand SME digital platform, Google My Business, to provide QR payment channel, short-term financing and EX-IM services.

SKE

SKE expects to secure CBG sales contract to PTT within 1Q, SET Bt 700m capex to add 5-8mw power gen capacity, target 16mw from current 9.9mw by end of year.

Comment: A fairly straightforward business here

THAI

THAI said won’t subscribe to NOK’s rights, citing lack of clear rehab plan, will let its stake dilute from 21.8% to 15.94%.

TMB

TMB board approved merger proposal with Tbank, to sign MOU on Feb 21, while Fin Min insisted on having TMB share valued at Bt3.6-3.8/share in the swap ratio.

Comment: Could this valuation be the stumbling block? It has been in the past for any deal with TMB