Strange..!! see share priceCom7 Public Company Limited or COM7 of “Sia Sura Kanitthaweekul” Which has been running continuously for 4 days in a row, from the previous price still flows like a porridge, but suddenly it runs upstream…what happened to this stock..?
Oh… in fact, I ran to receive a deal. COM7 Spending 400 million baht to buy sharesBuddhadhamma Insurance Public Company Limited or PTI In order to break the leg into the insurance business itself…
But how do you know that COM7 There will be this deal because it just informed the SET. On Wednesday 27 July ago But the running price has been brought since July 20 and then … doubt the board room COM7 The windows have ears, the doors have gaps…
Alright, is anyone secretly inside or not…leave it to the stock market. and the SEC as well..!!
Return to focus on investment dealsInsuranceBetter…which is divided into two shots. First shot, the purchase of 500 million new shares at the price of 0.34 baht per share, totaling 170 million baht and will make COM7 immediately became a major shareholder with a proportion of 89.29%
after that COM7 will provide financial assistance This could be in the form of a loan. or capital increase Another amount of not more than 230 million baht so that the company can continue its business…
forBuddha Dharma Insurance is a non-life insurance company which accepts 4 types of insurance, including fire insurance Marine and transportation insurance car insurance and miscellaneous insurance But in the past, there has been a repeated loss problem…Year 2019, revenue 96 million baht, loss 14 million baht, year 2020, total revenue 101 million baht, loss 29 million baht, year 2021, total revenue 67 million baht, loss 164 million baht and quarter 1/2022, total revenue 123 million baht. Loss of 59 million baht
Moreover, there is also a lack of liquidity. At the end of Q1/22, there were cash and cash equivalents of 16 million baht, with total assets of 313 million baht and total liabilities of 297 million baht.
Make the first glimpse of this deal Many people may wonder. “Xia Sura” What are you thinking…why buy a company that has both losses and lack of liquidity in the portfolio..?
If I had to guess…“Xia Sura” You can see the value hidden within.Buddha Dharma Insurance that isInsurance license.!!
because if COM7 Use the method of setting up a new company to conduct insurance business. You have to start counting from one all over again. both requesting for an insurance license which may take a long time Building a sales team and find customers…but buying at this time The price is not very expensive, spend only 170 million baht to own it.Insurance proportion 89.29%
It is considered the ingenuity of “Xia Sura” ah…
Ok… even if you have to add another amount of about 230 million baht, you can run the business immediately. Make a return quickly…
This deal is no different fromBuying ribs to fill the meatthere…
and don’t forget that COM7 which operates retail IT products There is already a database of customers. can be used to build up the value
Most importantly, it also complements the ecosystem within the group by COM7 Responsible for selling IT products electrical appliance and has a subsidiary named Next Capital Public Company Limited or NCAP (holding 33.93 percent stake) lending … enoughInsuranceCome, it can expand the service of insurance for IT equipment. including electrical appliances
make a group COM7 More complete..!!
The part that sees the share price COM7 On Wednesday, July 27, down 2.42%, closing the market at 30.25 baht, do not be surprised. Because before, it had already risen a lot. We have to sell and make some profits, right? “Xia Sura” Haha..!!
…heh heh heh…
