INVX 24/5/2566 : CBG Neutral/ Cut tp to Bt 72(from Bt 80) from weak margin ,high cost of sugar,aluminum,shipping,wage cost vs Prefer OSP tp Bt 32 and HTC Buy tp Bt 43 and MINT Outperform

: Chicken stocks positive from Brazil's Bird Flu Prefer CPF +THB/ US$ weak.

: Flows Buy Bank ( MPC 31 May to hike 0.25% to 2%+Foreign buy GS JP UBS).

: GS Buy WHA tp Bt 4.90 with positive land sales and growth. Revenue and EBIT grew 31%/55% YoY on stronger land sales and better margins

: GS Neutral CPN tp Bt 69.80, long term focus on non retail, 14%-16% CAGR

: Politics newsflow : Ft rate might be cut more to Bt 4-Bt 4.20 in 4Q’66 as more LNG supply vs current Bt 4.70