BM anticipates solid turnaround 2H supported by recovery parts order from Kubota as workers migrated back from metro to province of domicile due to Covid, in talk Nestle to supply food trucks to create jobs for disables, Bt250m out of Bt500m backlog to realize in 4Q, expects to get more electrical conduit & telcos box on jump start infra projects.
KGI reported Bt473m, 3Q, +104% yoy,
Comment: Like every broker, their prop books naturally look better in 3Q and remember retail trading was YUGEEEEEEEEEEE
OSP reaffirms big jump 3Q from strong C-Vitt functional drink sales & energy sales in Myanmar, sees momentum carry thru 4Q on high season, higher sales volume after increase production volume on domestic beverage by 10-15% to fill demand and wider margins from costs saving program.
Comment: Wouldn’t be surprised to see this name in the 40s in 12-18 months. More volume sold,…
