Reporters reported at this time (23 Could 2024) the inventory value Subsequent Level Public Firm Restricted or NEX At 4:30 pm, the market closed at 3.16 baht, much less 0.90 baht or 22.17%, the bottom value 2.86 baht, the very best value 4.02 baht, with a purchase order worth of 1.93 billion baht In the course of the day, the inventory value fell to the ground for two.88 baht.
As for the inventory value, it continued to fall considerably. Information sources report that It is because buyers are compelled to promote (Power Promote) from shorting NEX shares, inflicting others who weren’t compelled to promote to panic and promote as effectively.
Though there’s quick sale data on Could 21, 2024, there was a brief sale quantity of 8,449,400 shares, a brief sale worth of 34.56 million baht, together with NEX-R, which had a brief sale quantity of 8,449,400 shares, a sale worth of 1.80 million baht
As well as, Bualuang Securities famous in its evaluation that the NEX inventory value fell sharply after the 1Q/2024 funds, with GM’s image falling and the share of losses from the Absolute meeting plant It’s anticipated that the image in 2Q/24 will likely be comparable However perhaps that we’ll see the general revenue share flip optimistic. As a result of TERA will likely be included on this quarter, whereas GM expects a small restoration. But it surely most likely will not rise to the ten% stage as earlier than Due to this fact, the revenue pattern for 2Q24 is predicted to proceed to fall in comparison with the identical interval final 12 months. regardless of enhancing in comparison with the earlier quarter
General, for the total 12 months 2024, we nonetheless count on 3,000 automotive deliveries (effectively under the NEX goal of 5,556 vehicles) with extra numbers anticipated to return in throughout H2/67 From the home infrastructure that’s nonetheless maintaining, GM expects the share of merchandise to say no and the AAB plant will nonetheless want a while to extend its utilization price.
Due to this fact, NEX’s 2024 revenue forecast has been revised down one other 19% to 574 million baht on account of uncertainty over EV provide and weak revenue progress traits. Prepared to cut back the goal PER (De-rate PER) right down to 16 instances or the equal of -1.5SD under common (lowered according to decrease expectations) it is going to be given a brand new goal value of 4.4 baht, recommending “Maintain”, ready for the fitting second. Funding after the 2Q24 funds comes out
#NEX #closed #Power #Gross sales #reduce #earnings #12 months
