The Stock Exchange of Thailand (SET) warns investors to consider information carefully and cautiously. Before trading in DELTA securities
DELTA stocks are hot, not considerate of anyone, 3 reasons investors must be careful!
“DELTA” breaks par to 0.10 baht, profit in 2022 rises to 15 billion
By following up on trading conditions in the past SET It was found that Delta Electronics (Thailand) Public Company Limited or DELTA’s securities prices continued to increase. And yesterday, March 2, 2023, the price closed at the highest level (All Time New High) at 1,000 baht (during the day the price rose to a maximum of 1,016 baht), the trading value was 4,438 million baht with a P / E value of 81.29 times. and P/BV of 22.81 times, respectively.
The Stock Exchange of Thailand Therefore, investors are requested to consider fundamental information, risks and information that DELTA discloses through the SET system. Including the analysis of securities companies carefully before making a trading decision. because there may be risks If the price fluctuates
During the past 2 years, DELTA’s stock price has been extremely volatile. For example, in the middle of the year 2022, the lowest price was 292 baht per share, and at the end of the year 2022, the price reached its highest point at 796 baht per share, which is still the same price as in 2021 at the price of 790 baht per share. share
While at the beginning of February 2023, the stock exchange Has changed the trading unit of DELTA shares from 100 shares to only 50 shares, with the reason that DELTA shares have a closing price above 500 baht for up to 6 consecutive months, which the broker estimates that the reduction of the share trading unit It will help investors have access to more big stocks. and also encourages liquidity to increase
For the year 2022 performance, Delta Electronics Public Company Limited (DELTA) revealed a net profit of 15,345 million baht, an increase of +129% from the previous year, sweeping all revenues of 118,558 million baht, an increase of +40%.
In addition, the Board has resolved to split the stock. From the original par value of 1 baht/share to the par value of 0.10 baht/share, which means that following the split, the number of shares will increase and the price will decrease 10 times, but the market cap will remain the same. However, the said resolution is still waiting for approval from the shareholders. which will hold a meeting on April 7, 2023
