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MORE shares fall on the floor as negative news pressures prices

Wichit Arayapisit Mr senior director AND investment strategist of Maybank Securities (Thailand) said that there are MORE stocks that investors are not popular in the market for themselves.The turnover is quite variable. along with the previous MORE There is a guarantee issue on the conversion of shares. The statement of intent to exercise the warrant expires on October 20, 2022 indicating that the investors have finished converting the shares. and waiting for the moment when MORE-W2 will come in as MORE even in the next period Which looks like the W2 conversion cost is quite high at 2.00 baht

However, at this point, it canInvestors Afraid, Anxious to Convert MORE-W2 If going to look at the market report, MORE-W2 will be in the next market. Investors might be scared too, because if you look at the price, MORE-W2 shares are almost worthless. because it is lower than a penny So, from one observation, conversion of warrant has not really come in. of stocks in the market Investors may have fear at first. Or investors who see it coming in, so hurry to sell first.

MORE is another matter.No one is analyzing this stock. in the matter ofThe results are quite variable. even if some years make some profit, itA constantly changing rhythm is unclear.What business do you actually do? because there has been a change in the new business market It is another one that is quite dangerous.

Kitphon Praipaisalkit Mr UOB Analysis and Strategy Department Director Kay Hian (Thailand) admits that There has been a trading disorder since the morning. From the opening price (ATO) on the amount of 1,500 million shares at a price of 2.90 baht, or equivalent to 22.25% of all listed company shares, whichThere are not many investors who can trade this much. There are probably not many groups that can be natureChanging hands of major shareholdersup or not

in partRumor that major key order is wrong. look at it It is unlikely that there should not be a volume to sell this much. because if you look at the error of such cases The situation must be corrected, for example: Wrong key and urgently need to buy it back. thereforeit should not be at a low level for a long time Yes, if you look around the zone around 1.90 baht, less than 2.00 baht, there is quite a lot of trading volume today. If it is the case of the wrong order key, then you have to buy it back whileIn the case of a MORE-W2 conversion, there may be a possible part that causes the price to drop.

Amrit Klomchitcharoen Director, More Return PCL or MORE Explain SET information to have the trading volume of securities and the company’s stock price quite volatile, the Company No major developments In addition to the company The information has previously been disseminated in accordance with the regulations of the Stock Exchange of Thailand. However, if there is any information or development that could affect the fundamentals of securities prices, the company will notify further.

From November 7, 2022 More Return Public Company Limited canRegister the change in the company’s paid-up capital arising from the last exercise of the warrantsPurchase of Company No. 2 ordinary shares (MWY-W2) from original paid-up capital 326,543,579.75 baht as new paid-up capital 343,837,422.05 baht to the Department of Business Development Ministry of Commerce It was completed on November 4, 2022. Therefore, the company has paid up capital in the amount of 343,837,422.05 baht, divided 6,876,748,441 ordinary shares with a par value of 0.05 baht per share for the performance of the last 6 months. The actual profit was 28.99 million baht, compared to the 6-month period of 21.79 million baht, the change in net profit was 33.05%.

All day, there is talk of MORE stocks There are big sellers in the wrong key stock market. This caused the retail investors who held MORE to panic, causing the sell-off force to be greater than usual. until the price dropped dramatically

Proofreading….Sielawong