AOT said the 3rd runway at Suvarnabhumi Airport will be ready for operation at end of year, noting the runway will bring the airport’s aircraft handling capacity from 68 to 94 per hour.

Comment: They need more.

COCOCO sees 3Q24 the strongest this year on higher orders in coconut-related and pet foods, boosting this year revenue beyond 30-40% growth set earlier.

Comment: Wow if true. That said coconut exports in all forms have been one of the fastest growing agri products in Thailand.

FTE cuts revenue growth target this year to Bt1.2-1.25b from Bt1.3b set earlier, on delay payments from government projects, turns to factory, condo and PEA projects to compensate, with Bt350m of Bt500m backlog to book this year.

PTG sees solid 2H on recovering tourism, raised fuel sale target to 10-15% from 10-12% earlier, and target expanding gas stations to 2,251 by end of year.

Comment: Volume growth isn’t an issue for them…marketing margins are. If trump gets into the US office and oil prices come off…then it’s time to ramp into PTG.

The SEC and SET were requested to look into irregularities at property developer, RML, with a shareholder saying the case could rival the corporate scandals of STARK and EA, including its failure to inform shareholder and regulators on its botched attempt to raise fresh capital.

Comment: A property company with irregularities, in Thailand? You don’t say…sounds like a shareholder group isn’t happy with KPN? Or is it the other way around?