AWC’s retail portions were fully subscribed and Institutional portion is expected to be snapped up during October 1-3 as well, tentative trading sets for October 10.

Comment: I doubt you’ll see big numbers on the first day for AWC, its a massive IPO…

BAY will apply 70% DSR on personal loans and credit card applicants from January 1,20, expects 15% rejection rate, aims to improve assets quality.

Comment: Their #’s have proven to be quite solid for the past 2-3 years relative to 

DTAC expects to report solid turnaround 3Q on October 16 thanks to lower OPEX, Bt1.64b consensus.

FSMART branches out from vending service & top-up machine to banking agent service and e-KYC, eyes double digits revenue growth this year.

Comment: Constant declining ROIC…

GUNKUL secured 4.68MW solar rooftop from Lohakij Rung Charoensap, on track to meet Bt8b revenue growth target, +25% yoy.

HMPRO said all 20 branches in Bangkok have participated in Government’s Chim Shop Chai Bt1,000 cash handouts.

OSP & SAPPE expected to be main beneficiary from excise tax cut on functional drinks where OSP has 10% of revenue mixed, SAPPE has 35%.

Comment: There’s just too much competition in the drinks market in Thailand.

STEC firms on Bt32b full year revenue target +10% driven by Bt93b backlog from infrastructure projects pending to realize, anticipates recovery margins 2H from 2 powerplant construction projects and absence of extra provision for delay transfer of new parliament projects.

TEAMG signs consultancy contract for projects management of 2nd runway and taxi way of U-Tapao international airport.

Comment: In my younger days I would bang the table at such an order, nowadays I just think … for how long will this just be an aging account receivable.