BCP: 123.9m shares (9% of outstanding) crossed yesterday after market shut @ Bt36.57, 5% discount from close price, valued at Bt4.5b.

Comment: This is a despicable act for the country…these “new investors” have fleeced the country

DELTA said solid 1Q25 to help achieve double digit growth in FY25, new solutions to cater for rising demand for AI, data center, infra, ESs and industrial automation.

PTT speeds up talks with potential partners for stakes in PTTGC, TOP and IRPC, hoping to adjust downstream petrochem holdings to <45%, sees higher sales both in O&G.

TOA bought back 1m shares @ Bt11.5-Bt12.5 yesterday, bringing total to 28.37m or 1.4% so far.

Comment: Its a great anti-oil play as well, but there is a stink on the share price, so the question is how far will this run as it’s worth more than where it is today.

PLUS targets 70-80% FY25 revenue growth >Bt2.58b, supported by growth from coconut products exports to China, lifts proportion to 45-50% of revenue mix from 20% prior, tailwind from OEM sales, cocogurt & coconut desserts to boost earnings, collab partner to develop co-brand products, expects to roll out before end of 2Q, will expand distribution channel thru 7-11, Lawson & Family Mart this year.

Comment: Coconut heads ftw

Domestic systematically important banks (D-SIBs) and some state owned banks plan to cut loan rates across the board by 0.1-0.25% to align with BOT’s cut last week to 2%. D-SIBs comprises of BBL, KTB, KBANK, SCB, BAY, and TTB.

Comment: Yeah more NIMs for the banks, ‘oh we won’t raise rates” “oh we’ll treat the population fairly” “oh go bend over the bushes, take these rates up your backside whilst we recap our balance sheet at the cost of the thai population and there’s nothing you can do about it” buy bank stocks.

Apple new launch of iPad (M3 & A16), Mac Studio (M4 & M3 Ultra) and MacBook Air (M4) are expected to revive market: positive COM7, ADVICE, SIS, SYNEX, SPVI, CPW, CRC.