DOHOME sees positive SSSG in Oct-Nov supported by resumption of government project following government budget disbursement started in Oct, surged demand for home improvement upcountry posted harvest season, expects GPM widen in 4Q to 17% vs 16.4% in 3Q from stable steel price, sets Bt450m capex to open 3 branches next year (2 in 2Q25 & 1 in 4Q25) lifts total to 27 outlets by end of FY25, target 10% revenue growth next year.

Comment: Thailand is going to wake up, because there is a government spending again.

SHR’s major facelift of Saii Laguna Phuket sets to complete in Dec, expects ADR +15-20% posted upgrade, RevPar +5% yoy after increased room available, lower interest exp boost profit.

Comment: I just don’t understand why this name has been trading so lowly.

THAI opens period for debt to equity swap for creditors from Nov 19-21, at Bt2.5452/share up to Bt37.828b. BBL & KTB are expected to benefit from reverse provision as both are major creditors of the airline, Bt11.9b & Bt5.8b respectively, Tabloid.

Comment: Believe it or not….Thai airways is profitable…it’s going to ipo again next year and just watch it spike the whole up until it’s back to the all the major indices...and then sell.

TU reassures consumers of safe tinned tuna products amid mercury concerns in EU, its leading tinned tuna brand in UK, John West, has been regularly tested and have mercury levels significantly below the EU & UK regulatory limit of 1mg/kg in tuna products.

Comment: This name has gone nowhere for 2 decades.