IVL to buy 24.9% stake in India-based PE packaging solutions, EPL, for INR 19.08b (Bt7.44b), sees benefits from expertise in PE laminates tube used in oral, beauty & pharma, plus mkt exposures spanning in 11 countries, transaction will be fin thru internal cash flow.

Comment: Cookie munster trying to get back into the game?

SRICHA wins mechanical work sub contract from Japan O&G, JGC Corp, valued at Bt150m.

SET reports stocks that were pledged as collateral for margin account, at end Jan 25, in % of paid up share, TFG (44.05%), ACE (20.65%), XPG (13.58%), BTC (9.32%), SUPER (5.15%), and BLAND (5.81%).

Comment: In my younger days, I’d say “damn it…can’t do anything with this info” now I’d say, “buy puts, get short positions and unleash the hounds of hell and dump these names!”

Financials

• BAM: FY @ Bt1.6b, +4.5% yoy, topped Bt1.55b consensus, Bt0.35, XD Apr 25.
• ERW: FY @ Bt1.28b, +72% yoy; beats Bt888m consensus, 4Q24 @ Bt378m, +77% yoy, beats Bt334m consensus, pays Bt0.09, XD Mar 7.
• MOSHI: FY @ Bt520m, +30% yoy, beats Bt498m consensus, 4Q24 @ Bt205m, +33.7% yoy, beats Bt193m consensus, pays Bt0.8 dps, XD May 23.
• ICHI: FY @ Bt1.3b, +18% yoy, Inline with Bt1.37b consensus, Bt0.5, XD Mar 7.
• MEGA: FY @ Bt2.01b flat yoy; missed Bt2.41b consensus, 4Q24 @ Bt639m IL w/ Bt624m consensus, pays Bt0.8, XD Mar 7.
• COM7: FY @ Bt3.3b, +15% yoy, beats Bt3.18b consensus, Bt0.86, XD Mar 10.
• AU: FY @ Bt296m, +66% yoy, Inline with Bt293m consensus, pays Bt0.33, XD May 7.
• KCE: FY @Bt 1.64b, -4% yoy; missed Bt1.71b consensus, 4Q24 @ Bt281m; missed Bt366m consensus.
• SITHAI: FY @ Bt284m, -24% yoy, pays Bt0.04, XD Apr 28, will sells 73.147m treasury shares from buyback (2.7% of paid-up) from Mar 3 till May 30, 2025.
• SUSCO: FY @ Bt291m, -76% yoy
• CPALL’s expected to report Bt6.6b 4Q24 Net Profit, +21% yoy, FY24 estimated at Bt24.41b, still earning risk in 2025 on slower than expected recovery in consumer spending.