AOT sets Bt30b capex for runway-taxiway repairing, renovates passenger terminals.

ARIN: local fund, BBLAM, raised holding to 15.3312% last Monday (Oct 12), SEC filing.

Comment: Incorrect news, both BBLAM and MFC have combined ~28% which is via the local Private Fund vehicle and therefore the shareholders are the same.

DTAC reported 3Qnp at Bt1.43b, -18.7% yoy, missed Bt1.55b consensus, mobile subscribers end of 3Q at 18.68m users, -107k from end of 2Q, soft IC & service revenue bite earnings.

Comment: They are losing users left right and center. 

ESSO delays Bt300b chemicals complex expansion, suspends jet fuel cracking, raises diesel & gasoline production, sets FY21 capex at Bt1.2b-1.5b, to add 700 retail stations and café under partnership with MINT, Coffee Journey, to boost non-oil revenue.

Comment: MINT is going to force ESSO to expand its retail footprint.

JMART sees demand for iPhone 12, rolls out 0% interest, 36mths installment plan to capture demand for mobile upgrade and shopping tax break scheme, offer 0% interest 15mths package for those without credit card, adds on-top discounts and air time package with mobile operators to boost sales.

Comment: The populace buying things they don’t need with money they don’t have. Regardless great for JMART, COM7 etc, plus JMART still has the kicker of SINGER and JMT. 

JWD seeks to expand self-storage space from current 12k sq.m to 30k sq.m by end of FY22, aiming to fill demand for inventory storage as e-commerce grows.

PTG mulls listing palm complex subsidiary, PPP Green Complex (PPPG), in FY22, plans to debottleneck capacity from current 500klpd to serve demand biodiesel production.

Comment: News outlets are saying that revenues by then will be THB 6-8 bn 

SEAFCO reports 2 new projects in October including Thonglor 4 projects for Siam Future and MRT Pink Line (sub-STEC), total Bt110m.

Comment: And they just continue to win projects despite what is going on economically.