Stock dimension – according to the decision of the cabinet Approve the BOT to set guidelines for supervising the hire purchase business. and leasing cars and motorbikes In order to stop the car hire business Charging high interest rates that are beyond the debtor’s ability to repay debt. Including having a specific law to regulate the hire purchase and leasing business of cars and motorbikes by requiring the BOT and the Office of the Consumer Protection Board to negotiate jointly to determine guidelines for equality in the supervision of business operators in the future
Land and House Securities said that the issue is unlikely to affect companies that do hire purchase and leasing business in the stock market because in the past they have always been working under official regulations. and it did not charge a very high interest rate It is believed that the BOT rule will affect small hire purchase and business leasing companies outside the market that charge high interest rates. Slightly positive for hire purchase and leasing companies in the market. from a small company Outside the market may not be able to survive after the BOT control. Recommend “Buy” THANI (TP: 4.70 baht) and ASK (TP: 37 baht), whose current share prices have fallen relatively low until the upside is large. And recommend buying SAWAD (TP: 61 baht), expecting profit in 2023. High growth + good asset quality management + incentive dividends
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