[ad_1]
February 6, 2021
159
OR opens to check share subscription results for retail investors today, up to 4,500 shares per person. Revealing 50 thousand shares to buy, the trading price is expected on the first day of February 11, but not strong.
PTT Oil and Retailing Public Company Limited or OR announces the results of the first general public underwriting (IPO) for retail investors starting today (February 6) via Check Stock Allocation Results at www.settrade.com. By retail investors receiving OR shares The maximum is 4,500 shares
Subscribers who do not receive the full allocation of their shares will have the unallocated portion refunded within 7 to 10 business days according to the method specified in the prospectus. It will begin to refund the amount that has not been allocated from February 5, 2021
For the shares offered by OR this time, no more than 3 billion shares with an IPO price of 18 baht per share, divided into 1,036.94 million shares (including green shoes) offered to institutional investors who subscribe . Specifically (Cornerstone Investors) subscribed in Thailand 1,213.05 million shares and Cornerstone Investors subscribed abroad 450 million shares and offered the sale of 300 million shares to existing PTT shareholders who have subscribed to OR.
OR is preparing to list the first day on the Thailand Stock Exchange (SET) on February 11, 2021.
Mr. Anurak Bunsawan or Jo Luk Isan revealed that he personally subscribed to OR for 50,000 shares, to which 4,500 shares were allocated, which was not a lot. Less than 10% of shares subscribed Personally, I don’t have to rush to sell shares because the fundamentals are good, it’s a large stock that institutional investors like.
As for the share price on the first day of trading on the Thailand Stock Exchange (SET), it is expected that the price will not rise much. There is expected to be some retail investor sales force, so the first trading day is expected to be the lowest price. After that, the sales force will be less invested. Prices will be more stable.
However, since there are small investors who evaluate that they will hold OR shares for a long time, they will receive the same return as PTT Personally, the return may not be the same as when PTT enters the trade, the P / E is 4 times , but the OR is higher. 20 times
