HoonSmart.com>>In 2022, the phenomenon of a company with long experience in doing business. The parade has been listed on the Stock Exchange of Thailand (SET), partly to cope with the changing business. Competitors have low financial costs. It can increase your credibility internationally. must upgrade the management have a good image which the stock market can help answer the question in one way Especially if it is an old company, it will receive a good response from investors. This will increase long-term stability.
Currently, the companies that have traded their shares are Thai Life Assurance Company (TLI), the first life insurance company founded by Thai people. Operating for more than 80 years, Charoen Industrial (CH) Co., Ltd., 97 years old, was established in 1925 by the Sae family. Others that will follow include Betagro Company (BTG), which has been in the integrated food business for 55 years, and i-Tel Corporation (TTC), a global leader in pet food products. In the Thai Union Group (TU), which has been in business since 1977 or 45 years ago, including companies aged 20-30 years, many are still in the process of listing on the stock market.
The Thai stock market increases quality products. and has a longer business history The result of strong cooperation between the Securities and Exchange Commission (SEC) and the Stock Exchange of Thailand. Including the business environment has changed dramatically since the Covid-19 crisis.
At the same time, the number of companies listed on the stock market is not small, and each year there will be more than 30 new stocks in 2022 as well. which the season will come in a lot at the end of the 3rd and 4th quarter following closing the annual financial statements around March and April. Ready to file a filing for an initial public offering (IPO)
In 2022, as of Sept. 16, there are 11 new shares listed on the Stock Exchange of Thailand (SET) and 8 companies on the Market for Alternative Investment (mai) when including PFUND/REIT. Fundraising value 37,858.72 million baht, offering value 61,780.76 million baht, market cap value 244,855.80 million baht at IPO price.
“In 2022, a company that has been in business for a long time came to register. Increase opportunities for investors to choose Choose to hold shares for a long time, such as Thai Life Assurance Company, Charoen Industrial Company, and Betagro Company is regarding to offer IPO shares. These companies enter the market. Partly because of having good children. to take over the management There is a business expansion therefore saw an opportunity from the capital market which in the past Listed companies (Co., Ltd.) that are more than 100 years old. There are many companies such as Berli Jucker Company (BJC) and the Siam Cement Company (SCC). The business foundation is stable. ”
As for “Somphop Sakphanphanom”, Chairman of Asset Pro Management Company Limited (APM), as a financial advisor (FA) of Charoen Industrial (CH) Company, 97 years old, said that one factor that motivates the company old stock market may be due to the experience of the operator that relying solely on funds from the banking system may have restrictions compared to using money from the capital market In addition, the business has changed a lot.
“As an FA, I feel at ease and confident that the shareholders Executives love an organization that has been built for a long time. and dedicated to driving the business until today historical It’s a quality stock of the stock market, and the SEC now sees a 30-year-old company focusing more on the capital market. responding to sustainable growth”
Sompop Keerasunthornpong, Managing Director Finansia Syrus Securities, a leading underwriter and underwriter, Charoen Industry Co., Ltd. said the attractiveness of a stock with a history of nearly 100 years lies in its ability to adapt. to keep up with the era Keep up with the changes of consumers This makes the business last this long.
On the part of Charoen Industry Co., Ltd. Now there is a 4th generation coming to help the 3rd generation manage the work. good at research This will help the company develop products. increase the ability to compete in the future
As for CH shares, which rose above 5 baht compared to IPO selling price of 2.34 baht, apart from good fundamentals. There is also a low selling price. It’s price-to-earnings ratio (P/E) is approximately 17.63 times, compared to the P/E of the food and beverage business. of the Stock Exchange of Thailand during the 3 months from 16 May – 15 August 2022 is equal to 37.13 times.
” Principles for considering investing in old companies Can’t just look at the profit alone. Must see past history and future growth opportunities, which CH has adjusted from the start and production of fish sauce and soy sauce. At present and in the future, the company has entered the health food business more, “Sompop Keerasunthornpong” said.