AIMIRT to buy 4 assets combined worth Bt4.3b including JWD cold storage, TIP cargo warehouse, Siam Chem’s chemical storage and cargo warehouse in Bangkradi Industrial Estates

Comment: JWD has a great story, the question is valuation.

AOT said repair at Suvarnabhumi’s East runway had been completed.

ERW expects earnings momentum remain strong thru 3Q from extension of VOA fees waiver till Oct, allots Bt3.3b budgets to add 9 hotels, target 10-15% revenue growth this year.

PSH mulls 5 projects worth Bt12.45b, hoping to become #1 in Bt5-15m segment, Bt5b of Bt14b backlog to realize this year.

Comment: And then every other player is going into this sector as well. It’s going to be interesting to see how things are going to be playing out in the real estate sector throughout this year

SEAFCO reaffirms all time high profit upcoming 1Q report on May 14, will sign additional foundation work contracts worth Bt300m in May, target backlog >Bt3b by end of year.

TPCH reaffirms record high revenue and profit this year on 3 new powerplants with 40MW capacity, boosting overall to 100MW, mulls expansion into CLMV.

Comment: At the end of the day, investors have stayed away from these renewable names unless they are large IPP players.