SET Remind investors to consider information carefully and cautiously. Before trading in TBN securities
SET Warning investors to be careful and study information carefully before making a decision to trade TBN Corporation Public Company Limited (TBN) as today’s morning trading conditions (June 20, 2023) found that there was high speculation with the Turnover ratio at 85%, closing price in the morning at 41.5 baht (144% increase from the IPO price) with the highest trading value of 3,591 million baht (yesterday, June 19, 2023, at 2,438 million baht) and concentrated trading (both buying and selling) at 39% of the total turnover, currently having a P/E and P/BV of 74.85 times and 7.93 times, respectively.
Yesterday, there appeared a transaction of selling Big lot from existing shareholders in the amount of 9.5 million shares at a price of 20.75 baht per share, the details of which are as specified in the information memorandum. (See more details from TBN’s news on June 16, 2023 at the SET website. www.set.or.th)
SET Therefore, investors are requested to consider carefully before making trading decisions. In addition, all member companies are requested to closely and strictly supervise the trading and operations related to TBN securities. To prevent the sending of trading orders that may be inappropriate. or not according Securities and Exchange Act
Source: Thai News Agency