ILINK signed ctrct for 115 kV power transmission line for Alpha Two pj (Bang Saphan district, Prachuap Khiri Khan) valued at Bt 144.77m.

M sees SSSG accelerate aft launching Bt299 all you can eat campaign, boosted repeat customers +370% mom, new sub-brand Bonus Suki support mkt penetration to family & office workers segment, firms on 3-5% FY rev grwth t/g above Bt 15.4b.

Comment: This development does change the perception of M – however i have my doubts that it’s sustainable beyond a quarter or two. Let’s see…

NER in talks to supply rubber to Goodyear (TH), expects to finalize in 4Q.

PSL enters a long-term charter ctrct (12-15 mth) on one of its handysize vessel with Louis Dreyfus Co. Freight Asia commencing Aug 1 at a gross variable rate equivalent to 106% of BDI weighted time charter avg value over prev 15 days, currently stands at $12,900/d.

Comment: This industry is annoyingly volatile….what’s harming PSL in the short term is the USD weakening versus the THB – and I’m not entirely certain that we’ll see the THB weaken over the coming months/quarters/years… 

TRUE Internet Data Center, a local data center and cloud services provider under CP Group has been appointed the authorized distributor and managed services provider (MSP) of Alibaba Cloud in TH.

Comment: True is now run by 1 Norwegian and 2 Indians and this is why the company is performing.