BEM reaffirms big jump 4Q supported by higher MRT riderships yoy, sees Oct traffic +7.2% yoy to 444k/trip/d from Book fair and cod-ed of One Bangkok mixed-use project on Oct 25, upcoming Red Cross Fair at Lumpini park Dec 11-22 & new year countdown are expected to increase traffic, recent fare hike on Jul 1 boost earnings.

Comment: And next year will continue to impress….after that who knows..

BGRIM anticipates demand for electricity jump on the back of AI boom, exploring direct PPA opportunity with data center providers, upbeat margin outlook as gas price drops.

Comment: They’re not wrong, now the question is whether BGRIM will get the PPAs or if GULF is going to swallow it all up.

COCOCO targets FY25 revenue exceeds Bt10b driven by robust demand for all categories of coconut products (culinary, beverage & snack), expects new order kicks in after participated in PLMA 2024 (Private Label Manufacturers Association) in Chicago on Nov 16-17.

Comment: Coconut exports have been a massive driver for Thailand in the past 2 years.

EE: Panthawat Nakwisut (Not), CEO of Kong Salak Plus online lottery platform purchased 1.607b shares via big-lot board on Dec 4, account for 57.81% of paid-up, becomes top holder.

Comment: Now that’s a play…

PROUD plans to launch 3 new residential projects worth Bt9.2b next year, including 1st venture in Phuket to capitalize on the booming luxury market there.

Comment: Cleaning up more $ from the father?

RPH announced buyback up to 35m shares (6.41% of paid up) under Bt200m budget from Dec 13 till Mar 13, 2025.

Comment: And another sharebuyback announcement.

THAI: BBL secured 10.3507% stake in the airline after exercised debt-to equity plan, lifts total to 10.3912% post transaction. KTB secured 5.728% post debt swap, according to SEC filing.

Comment: They’re going to make a small fortune off the equity cap gain.