Market Downturn: BTSGIF, BEM, and BTS Shares Plummet Amid Thaksin’s Electrical Practice Imaginative and prescient Considerations

BTSGIF worth fell 5.59% to three.04 baht, down 0.18 baht, buying and selling worth 1.39 million baht at 10.13 am from market opening 3.04 baht, lowest worth 3.02 baht, lowest worth 3.06.

Whereas BEM fell 1.90% to 7.75 baht, a lower of 0.15 baht, buying and selling worth 346.31 million baht from the market opening of seven.75 baht, the bottom worth 7.60 baht, the very best worth 7.80 baht.

As for BTS, it fell 0.47% to 4.20 baht, a lower of 0.02 baht, buying and selling worth 46.94 million baht from the market opening of 4.20 baht, the bottom worth 4.16 baht, the very best worth 4.20 baht.

Securities analysts from Kasikorn Securities count on that the value of BTS Group Progress Infrastructure Fund (BTGSIF), BTS Group Holdings PCL (BTS) and PCL The states expressway and electrical railway (BEM) that fell this morning are seemingly because of considerations concerning the concepts of Mr Thaksin Shinawatra, former prime minister. who expressed his imaginative and prescient within the topic Imaginative and prescient for Thailand, with one part stating that “a 20 baht electrical practice should be potential” We might must relegate privately operated electrical trains again to the state. then rent a personal sector to handle to set the ticket worth your self and it should be arrange as an infrastructure fund”

The BTSGIF fund has revenue from the Inexperienced Line electrical practice concession. Mochit-On Nut Part and through Taksin-Nationwide Stadium That is the principle BTS concession which transfers this revenue to BTSGIF, the place BTS is the principle funding unit holder.

Nevertheless, if this concept is carried out in accordance with this authorities’s coverage, BTSGIF might not renew the concession contract. At current, the concession for this route will expire in December. 2029 and rent BTS to run the trains, however BTS won’t have the fitting to develop areas throughout the trains.

Whereas BEM has a concession contract to function 2 electrical practice strains, the Blue Line and the Orange Line, which have an extended concession interval. And in the event that they expelled him, some huge cash can be wanted. which can be much less seemingly

By Saowalak Ponphon/Ratchada Kongkhunthian