ANI reaffirms solid 3Q from robust traffic thru freight forwarding biz on high season, improved air/sea freight rate on surged demand for inventory restocking ahead of holiday season.

Comment: Another one of those logistic players that had fantastic #’s during covid and are now experience the covid “hangover”

BCH sees solid 3Q on seasonal, firms on 4Q momentum from foreign patients, UAE, Qatar, and Saudi Arabia, as well as from CLMV. Mobile units offering services and checkups for corporate and agencies helped boost earnings.

BJC sees positive SSSG in 3Q within 1-3% range as sales pick up on the back of handout stimulus, expects positive momentum carry thru 4Q on seasonal, rolls out new products lineup including med supplies, skin care and packaging to expand coverage, adding more private label to boost margin.

Comment: If the one of the worst performing retailers, BJC, sees an improvement in SSSG – it means everyone else is growing at least 1.5-2x this 1-3% range.

CCET reported Sept electronic parts sales at $487.94m, +23.1% yoy.

Comment: All the electronics parts are doing better than people expected.

ESTAR upbeats 2H earnings from completion of Bt1b condo project, Quintara Mhy Gen Ratchada-Huai Khwang (60% sold), Bt700m out of Bt1b outstanding backlog mainly from Quintara Prom Phong project to transfer in Oct, tailwind from 3 SDH project including Velana Hyde U-Ta-Pao, Grand Velana Banchang Rayong and ESTON Ladkrabang propel earnings.

Comment: They have an amazing landbank…..but they’re comfortably taking their sweet time.

MASTER sees record high 4Q on substantial rise in foreign patients, despite short-term impact from widespread floods in the North, keeps FY24 rev growth target, while seeing qoq and yoy growth in 3Q.

Comment: The #’s were always going to more heavily weighted to 2H versus 1H.

NCL reported disposal on non-core business, Cheese Digital Network, a digital content developer & online media solutions to private investor for Bt81m.

Comment: It was such a phuking stupid idea for a logistics company to use their own b/s to invest into a digital content services company…