Newsletter

SVR falls 5%, SET sells hard Risk of 2.20 baht IPO drop

The reporter reported that today (February 9, 2023) the stock price Sivarom Real Estate Public Company Limited or SVR At 11:11 am, it was at 2.38 baht, minus 0.12 baht or 4.80%, the highest at 2.56 baht, the lowest at 2.34 baht with a trading value of 176.36 million baht.

The stock price fell today. After yesterday, it rose sharply after being traded on the Stock Exchange of Thailand yesterday (February 8) for the first time with an IPO price of 2.20 baht, with yesterday’s closing price at 2.50 baht, plus 0.30 baht or 13.64 %, the highest level 3.30 baht, the lowest level at 2.46 baht with a trading value of 1.52 billion baht

However, analysts Gloplex Securities Identify SVR as a stock that will continue to grow to a high growth level. and low risk The company has a policy to control the debt to equity ratio after IPO to be at a level that does not exceed 2:1 times to support strong business growth. together with business management strategies under control of house building costs that are worthwhile for customers and the ability to quickly recognize income from transfers

while UOB Kay Hian Securities (Thailand) Given that SVR has good fundamentals In addition, the demand for low-rise housing has increased. It emphasizes the future growth trend. continuously growing to a level of High Growth