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Sak Siam lease The first trading day closed at 8.20 baht, an increase of 4.50 baht or 121.62% from the subscription price of 3.70 baht. SAK executives are confident the stock has followed attracting the attention of investors. Ready to move forward to expand branches and invest according to the brokerage plan, see SAK still has the opportunity to grow from the future branch expansion plan Give an appropriate value of the shares from year 16 to 4.3-4 , 6 baht
The shares of Sak Siam Leasing Plc. O SAK were opened for trading on the first day. The share price was quoted at 7.05 baht, an increase of 3.35 baht or more 90.54%, the IPO price of 3.70 baht / share and the close of trading in the morning at 7.25 baht, an increase of 3.55 baht or 95.95% from the IPO sale price of 3.70 baht / share, trading value 3.072.57 million baht. During the day, the share price rose to the highest at 8.20 baht, the lowest at 6.75 baht when the market closed, the share price was 8.20 baht, an increase of 4.50 baht or 121.62%, the commercial value was 4750.89 million baht.
TISCO Securities has a positive opinion of SAK based on the reasonable IPO price of SAK. And there is another opportunity to grow from future expansion plans from 519 to 1.12 thousand for SAWAD and MTC by the end of this year it is expected to have around 4.8 thousand branches, thus giving the appropriate value for 2021F at 4.3-4.6. THB represented a PER of 15.4-16.5 times and PBV of 1.66-1.77 times compared to MTC and SAWAD with 21x PER and 18.4 times respectively, resulting in the IPO price level. of 3.70 baht or 13.3x PER for 2021F as a price. That is not expensive
Sivapong Boonsalee, Managing Director of SAK revealed that SAK is confident that SAK’s shares will continue to receive interest from investors, with SAK aiming to create growth in all dimensions in the next three years or by 2023, its loan portfolio will expand. Increase to 12 billion baht due to branch expansion and loan portfolio expansion in line with the IPO financing plan and the adoption of technology to boost business, increase competitiveness and improve credit service rapidly. Helping to analyze customer information AND also control credit quality risk
