Brokers Slicing Up 4 Crypto-Involved Stocks Who hit the hardest

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DBSV slicing up 4 crypto investment groups Pointing out that the Bitcoin mining group – coin issuing consultants hit the hardest, warning even “the price is down, but not worth collecting” while evaluating how much GULF – BROOKS has been shaken, because they are 2 main owners who directly hold shares in crypto coins PTO

Securities analysis from DBS Vickers Securities (Thailand) Co., Ltd. reveals an overview of the digital asset market. That is the downtrend at the moment that the price of crypto coins (Crypto) has dropped sharply. Since the inflation is high, almost all cryptocurrencies such as Bitcoin, Ethereum, XRP, BNB, BITKUP, especially stablecoins like LUNA, have almost no value. After the global inflation rate is unusually high.

Dissecting 4 crypto-related stocks Who hit the hardest

However, DBSV states that although most crypto will fall But, it should be classified into consideration to what level of Crypto accepting, the mined assets will have low market capitalization. which has advised that “Even if the stock has fallen, received the news. Still shouldn’t go into the spoon.
together with

1. Bitcoin Mining Group The concern is that even though it can be mined, the mined securities are of low value. The securities in this group include JTS, ZIGA, UPA, AJA, ECF, CWT, SCI, NRF, etc.

2. Groups receive coins to use to buy products or receive various services to do promotions This group is expected to have little impact. because if received from payment of goods or services will be able to prevent risks by selling out immediately to hedge These securities, such as ANAN,SIRI,ORI,ASW,MAJOR, or coins are issued and used within the group. for customers to receive service Or do marketing promotions such as Jin Coin, JMART Group or RS Group Popcoin.

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3 securities groups that accept as advisors doing business about Crypto coins or as a trading center This phase will be sluggish according to the situation of the coin. The securities involved, such as XPG Company, accept as advisors in the issuance of coins. or provide various services SCB is interested in holding shares in BITKUP or even GULF to allow subsidiaries to invest In the cryptocurrency exchange business in the United States (Binance US) spent about 660 million baht. Its subsidiary, Gulf Innova, owns 51%, and Binance Capital Management owns 49%.

and 4. Securities that directly hold shares in the following Crypto coins, there are 2 securities, GULF and BROOK. considered to be directly negatively affected. can be analyzed as follows

GULF: Apr. 65 Let a subsidiary, Gulf International Investment Limited (GII), which owns 100%, invest in digital currency BNB worth approximately 1,678.25 million baht or 50 million USD. Assuming that in the end, the coin value dropped 50% or lost 839 million baht. Compared to the profit for the whole year, it will be about 7% of the profit of about 1.2 billion baht.

But recently, the company has sold all its shares to Gulf Holdings (Thailand) Company Limited (GHT), which is a juristic person holding shares in the company. in the proportion of 4.86% (as of June 16, at 1,681.67 million baht, therefore it is expected that the Company will not be affected by this matter in 2022)

BROOK:Oct. 64 invested in Crypto currency, 60% of the main currencies are Bitcoin, Ethereum, Binance, Stablecoin and the other 40% in other currencies at 1,290 million baht. Received damage of 645 million baht. Compared to the profit for the whole year at around 200-300 million baht, it will be a proportion that is more than 100% and if compared to a share, it will be at 0.07 baht or up to 12% from the current share price. But the share price has plummeted from its peak at the end of March 65 at a rate of 46%.

However, last week The US Federal Reserve (Fed) raised interest rates to its highest level in 28 years, forcing central banks around the world to raise interest rates, such as the Bank of England (BoE), the Bank of Switzerland. and central banks in Asia As a result, concerns about the economic slowdown and investors are afraid of risks. different from risky assets to safe haven assets Also, crypto coins do not clearly have collateral assets. It is not as valuable in itself as gold. Some trends say that part of the fall is the stock market around the world, the future is uncertain. but must be careful to invest It is possible that in the future the value of crypto coins will recover. If the situations Returned to unwind in a good way, for example, the US economy is not as depressed as the Russo-Ukraine war worries. Can come back to negotiate, the Covid-19 epidemic situation is unraveling. It’s just a local disease. or even the Chinese economy has recovered but the risk is How long will it take? to have such an event

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