Look at 13 IPO stocks in the first half of 2022, which ones are cool, which ones are clunky?

The first half of 2022, the Thai stock market was not bright. The SET Index on December 30, 2021 closed at 1,657.62 points, while on June 24, 2022, the SET Index closed at 1,568.76 points, a decrease of 88.86 points or -5.36% for 6 months. In the past, there were 13 new stocks (IPO shares) listed in the market. When surveying the price return from the IPO price until June 24, 2022, it was found that up to 9 securities were still positive and 4 stocks that are still negative

1.KCC (Night Club Capital Asset Management Plc.) +90.54% compared to the IPO price of 3.70 baht with the latest price of 24 Jun.22, closing at 7.05 baht, an increase of 3.35 baht or +90.54%, starting trading on 5 May 65, the market value as of the IPO date is 2,294 million baht, the market value at 24 Jun 20 is 4,371 million baht, first trading day closes 9.20 baht, price change +148.65%

Night Club Capital Asset Management PCL. engages in the business of procurement and management of non-performing assets. including the management of foreclosed properties and improvement of foreclosed properties for sale by Mr. Suchart Boonbunjerdsri Holding the largest shares at 45.82% and famous people like Mr. Naret Ngamapichon, holding in the 5th position, holding 0.32%

2.BIS (Biosign Animal Health Plc.) +48.33% compared to the IPO price of 6.00 baht with the latest price of 24 Jun.22, closing at 8.90 baht, an increase of 2.90 baht or +48.33%, starting trading on 5 May 65, the market value as of the IPO date is 1,884 million baht, the market value at 24 Jun. Sept. 65 is 2,794 million baht, first trading day, closes 8.90 baht, price change +48.33%

Biosign Animal Health Public Company Limited is a manufacturer, importer and distributor of medical supplies, tools, equipment and products for livestock and pets, held by BIS Group Holding Company Limited. The largest share is 33.03% and has a famous stock expert, Sia Yak, Mr. Wichai Wachiraphong, holding in the 8th place, holding 2.64%.

3.PLUS (Royal Plus Plc.) +44.44% compared to the IPO price of 4.50 baht with the latest price of June 24, 65, closing at 6.50 baht, an increase of 2.00 baht or +44.44%, starting trading on May 20, 65, the market value as of the IPO date is 3,015.00 million baht, the market value at 24 Jun 20 is 4,355 million baht, first trading day (5.50 baht close), price change +22.22%

Royal Plus Public Company Limited engages in the business of manufacturing and distributing fruit juice beverages such as coconut water, coconut milk, fruit juice mixed with basil seeds and chia seeds. and other mixed fruit juices including various beverages, with Mr. Phonsang Sae-be holding the largest 34.43%

4.CEYE (Ta Chamni Plc.) +36.01% compared to the IPO price of 3.86 baht with the latest price of June 24, 65, closing at 5.25 baht, an increase of 1.39 baht or +36.01%, starting trading on 29 April 65, the market value as of the IPO date is 1,042 million baht, the market value at 24 Jun 20 is 1,417 million baht, first trading day, closes 5.35 baht, price change +38.60%

Ta Chamni Public Company Limited engages in the business of producing still images and motion pictures for media, with Ms. Suwannee Suwansangroj holding the largest 41.66% stake.

5.JDF (JD Food Plc.) +30.00% compared to the IPO price of 2.60 baht with the latest price of 24 Jun.22, closing at 3.38 baht, an increase of 0.78 baht or +30.00%, starting trading on April 7, 65, the market value as of the IPO date is 1,560 million baht, the market value at 24 Jun. 20 is 2,028 million baht, first trading day closes 5.50 baht, price change +111.54%

JD Food Public Company Limited operates the business of manufacturing and distributing food condiments, sauces, snack fillings and dried food, with Mr. Teerabul Horsatchakul holding the largest share of 21.00%.

6.TKC (Turnkey Plc. communication service) +29.44% Compared with the IPO price of 18.00 baht with the latest price of 24 Jun.22, closing at 23.30 baht, an increase of 5.30 baht or +29.44%, starting trading on 17 Jan.65, the market value as of the IPO date is 5,400 million baht, the market value at 24 Jun 20 is 6,990 million baht, first trading day, closes 30.00 baht, price change +66.67%

Business providing design, system installation, equipment procurement, installation, testing and maintenance of engineering works in the line of (1) telecommunication system (2) data communication system and (3) public safety system, with Mr. Siam Tiewtranon holding the largest share, 41.16 %

7.FTI (Function Plc. International) +3.20% compared to the IPO price of 2.50 baht with the latest price of June 24, 65, closing at 2.58 baht, an increase of 0.08 baht or +3.20%, starting trading on May 19, 65, the market value as of the IPO date is 1,125 million baht, the market value at 24 Jun 16 is 1,161 million baht, first trading day closes 3.84 baht, price change +53.60%

Functions Plc. International import business Assembling and distributing products related to water treatment systems (Water Treatment), a complete range, such as water filters Distributor of filters, filters, as well as equipment for water filtration. including providing related services, with Function Group Co., Ltd. holding the largest 61.65%

8.PEACE (Peace and Living Plc.) +1.00% compared to the IPO price of 3.98 baht with the latest price of 24 Jun. 65, closing at 4.02 baht, an increase of 0.04 baht or +1.00%, starting trading on 10 Feb. 65, the market value as of the IPO date is 1,671 million baht, value Market as of 24 Jun 65 is 2,026 million baht, first trading day closes 5.60 baht, price change +40.70%

Peace and Living Plc. Operates real estate development business for sale, with Ms. Peeracha Sirisophana holding the largest share of 12.86% and a famous investor such as Mr. Naret Ngampichon holds the 10th spot, holding 2.48%.

9.TEKA (TEKA Construction Plc.) +0.43% compared to the IPO price of 4.60 baht with the latest price on 24 June 65, closing at 4.58 baht, a decrease of 0.02 baht or +0.43%, starting trading on June 15, 65, the market value as of the IPO date is 1,380 million baht, the market value at 24 Jun. 16 is 1,374 million baht, first trading day closes 4.94 baht, price change +7.39%

Teeka Construction Plc. operate a construction business by being the main contractor of the project which covers work from structure (Structure) to architecture (Architecture) and building system work, with Vanich Holding Company Limited holding the largest share of 74.99% and BTS Group Holdings Public Company Limited holding the 2nd holding 1.67%

10.PTC (Premier Tank Corporation Plc.) -2.86% compared to the IPO price of 3.50 baht with the latest price of 24 Jun. 65, closing at 3.40 baht, a decrease of 0.10 baht or -2.86%, starting trading on 15 Feb. 65, the market value as of the IPO date is 1,435.00 million baht, the market value at 24 Jun 16 1,394 million baht, first trading day closes 4.42 baht, price change +26.29%

Premier Tank Corporation Public Company Limited operates in fuel depot business for receiving, storing, mixing and distributing fuel products, with Primegen Holding Company Limited holding the largest share of 25.61%.

11.CIVIL (Civil Engineering Public Company Limited) -4.35% compared to the IPO price of 4.60 baht with the latest price on 24 June 65, closing at 4.40 baht, a decrease of 0.20 baht or -4.35%, starting trading on 27 Jan. 65, the market value as of the IPO date is 3,220 million baht, the market value at 24 Jun. 20 is 3,080 million baht, first trading day closes 4.50 baht, price change -2.17%

Civil Engineering Public Company Limited The company operates a construction business. Mainly, it is a horizontal project such as railway work, railway work, airport work. Dam and reservoir work Distributing construction materials, with Asawasirisuk Holding Company Limited holding the largest share of 64.29% and GULF INTERNATIONAL INVESTMENT (HONG KONG) LIMITED holding the 3rd place, holding 2.86% and BTS Group Holdings Company Limited holding 4th place holds 1.29%

12.STP (Sahathai Printing and Packaging Plc.) -10.55% compared to the IPO price of 18.00 baht with the latest price of 24 June 65, closing at 16.10 baht, a decrease of 1.90 baht or -10.55%, starting trading on June 14, 65, the market value as of the IPO date is 1,800.00 million baht, market value As of June 24, 65, is 1,610 million baht, the first trading day closes at 18.80 baht, the price changes +4.44%.

Sahathai Printing and Packaging Plc. engages in packaging business with Ms. Amornrat Rojwongjarat Largest holding 18.65%

13.BBGI (BBGI Plc.) -25.24% compared to the IPO price of 10.50 baht with the latest price of 24 June 65, closing at 7.85 baht, a decrease of 2.65 baht or -25.24%, starting trading on 17 March 65, the market value as of the IPO date is 15,183 million baht, the market value at 24 Jun 20 is 11,351 million baht, the first trading day closes 10.50 baht, the price is unchanged.

BBGI operates as a holding company with the following business: 1) Production and distribution of biofuel products such as ethanol and biodiesel 2) High-value bio-products business related to health care and promotion products that use high technology, with Bangchak Corporation Public Company Limited holds the largest share of 45.00%

However, among the 13 figures, it was found that only PLUS had a higher IPO return than the first day’s close, and the other 12 had flowed lower than the first day’s close. Which must be monitored in the second half of the year, will there be any IPO stocks that will create excitement for the Thai stock market?

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