BBIK to speed up expansion in Vietnam, boosted by Vietnamese Government’s push for digital transformation, sets Bt50m revenue and oversea revenue contribution to 10-20%.

Comment: These companies, BBIK, BE8, DITTO, have to continue growing at a tremendous rate to maintain their valuations..

CCP sets Bt2.5b revenue target this year, Bt1.6b backlog, of which Bt1b will book this year, boosted by EEC’s demand for finished concrete products, eyes Bt400m worth of projects bidding.

ECL sees solid 1Q from full quarter contribution of auto title loans business, cod-ed 4Q22, wider NIM on improved assets quality, seeking partners to branch out from HP & consumer credits to other finance products.

IMH acquires Mahaesak hospital in BKK’s Silom area for Bt998m, will upgrade to 235 beds from current 103, add facilities healthcare service providers, to complete with target expat & tourist from prime location, issues free warrants for existing holders @ 4:1.

Comment: On a per bed basis that is not a crazy price…

NER sets 500K tons sales target this year, boosting revenue to Bt30b on China reopening and India’s demand, sets Bt400m capex for expanding capacity.

PLANB: local fund, BBLAM, raised holding by 0.1495% to 15.0008% of total outstanding on January 9.

Comment: Should there be a mourning period, then BBLAM will be caught with their pants down on this investment for a few months.

State Railway asks UNIQ to put on hold the controversial Bt33m Bangsue grand station new nameplate change.

Comment: This is amusing….

PSTC’s 342 km pipeline from Saraburi oil depot to Khon Kaen on track to cod 2Q23, expects Shell, Chevron & PTT onboard to save transport costs by 5-10%, carbon emission reduction to comply with ESP practice, bidding result of Bt2b EPC Oil & Gas complex projects to announce in February.

VRANDA upbeats 1Q outlook from higher RevPar & >80% OCC at Veranda collection Samui, expects overall OCC this year >60%, revenue growth >20%, mulls adding resort in Khao Yai.

Comment: Samui rates are nuts at the moment, smaller players are dead, you’ll looking at Maldives prices for Samui at the moment…