COM7&SYNEX

COM7 & SYNEX anticipate big jump 1Q from handsets & gadgets sales on an upcoming event, Thai Mobile Expo, from Febuary 7-10.

Comment: I wonder if/when 5G will come, there’ll be a lot of changes in terms of the phones required and every consumer will have to upgrade to this new technology…it could be 3-5 years away at least for Thailand

GULF

GULF raised investment in TTCIZ-02, a 50MW solar Powerplants, to 90%, with planned COD in May this year.

IRPC

IRPC sets Bt70b 5-year capex for 3 projects in MARS, Galaxy, UCF, dismissed rumor of disappearing inventory.

OTO

OTO’s branched out from call center service to digital services including WebAdmin, Chatbot, Digital Survey to fill demand for CRM, expects to sign 6-7 contracts this year.

Comment: The entire SAMART group is looking to shift to recurring income

SHANG

SHANG buy 0.65 acres land in Thonglor (Sukhumwit 55) for Bt1.885b to establish 27 storey 350 rooms Hotel Jen by Shangri-la.

Comment: 2.8 mn / sqwah, that boggles the mind

STPI

STPI expects to win 2 projects combined worth Bt10b in 1Q including sub-contract for TOP’s clean fuel projects (CFP) and refinery projects in Spore, to bid additional projects combined worth Bt50b including PTTGC chemical complex in the US, LNG depot in Canada and gas fired pp, 8mw waste powerplants on track to cod in 2Q.

TKS

TKS wins 50% of election ballot printing orders worth Bt140m, expects to win remaining half upcoming announcement later this week.

THAI

THAI’s board order management to purchase aircrafts directly from Airbus & Boeing without using agents to reduce commission.

Comment: I’m happy that after 50 years they’ve figured this out.