Jump to content

Recommended Posts

For me, too early to tell.

Probably a decent enough long-term bet.

 

Personally, I don't touch shares at IPOs and as a matter of fact also not for several years after IPO. Then again, that's my personal strategy.

 

 

Link to post
Share on other sites

Yesterday we reserved a good-sized chunk of OR shares and very much hope to get them all assigned.

 

Seems like a good way to own those parts of PTT that are less prone to buffeting by the swings of crude oil prices.

Link to post
Share on other sites
On 1/25/2021 at 3:33 AM, 1fortheroad said:

thoughts , good, bad, indifferent?

PTT has earlier stated that they don't make much money for selling fuel, but their Amazon coffee chain, and thier convenient store leases, generates the profit, and that seems to be part of their expansion.

 

Another question is what PTT has in the pipeline for the future further away, like charging electric cars, or supply for fuel cell vehicles?

 

The offered price for new shares seems to be fair, and has already generated a huge interest. If you have free funds, and is willing to take the always existing risk when investing in stock market, it might be a good item in your Thai portfolio...🙂

  • Like 1
Link to post
Share on other sites
8 hours ago, mahjongguy said:

Yesterday we reserved a good-sized chunk of OR shares and very much hope to get them all assigned.

 

Seems like a good way to own those parts of PTT that are less prone to buffeting by the swings of crude oil prices.

 

How are they assigned?      Random/chance draw?  I guess so??

If your "application" is drawn will they award you whatever you asked for?   Seems doubtful.

Link to post
Share on other sites

This stage of the process is intended to serve the smaller investors. When the subscription period ends next week, they will tally the requests, do some averaging, do some randomizing, not sure what else. Depending on our luck and the overall demand, we could receive anywhere from 0% to 100% of our requested shares (at 18 baht per, paid in advance).

 

This was handled, very efficiently, at a nearby Krung Thai Bank branch. If we are awarded anything less than requested, the bank will refund the difference on the spot, in cash. 

Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...