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Cautious warning before trading TPL

Bangkok 30 Jun-SET Provide facts and remarks on the trading conditions of TPL securities and ask investors to carefully consider the information before trading.

SET Giving facts and remarks on the trading conditions of Thai Parcel Public Company Limited (TPL) and asking investors to study the information carefully before making a trading decision. because it was found that trading conditions

Today's morning (June 30, 2023) has several observations and high speculation as follows:

SET Therefore, investors are requested to carefully consider the information before making a trading decision. and asks all member companies to closely and strictly supervise trading and other operations related to TPL securities. To prevent the sending of trading orders that may be inappropriate. or not according Securities and Exchange Act

Reporters reported that TPL entered trading on the mai market for the first day, soaring 109.09%, closing the morning market at 6.90 baht, with the opening price of 5.90 baht, an increase of 2.60 baht, representing 78.79% compared to the IPO price of 3.30 baht per share. 3:07 p.m., moving at 6.00 baht, with large investors and VIPs collecting a lot of TPL shares.

Mr. Pattaralap Thaweewong Na Ayudhya, Chief Executive Officer of TPL, revealed that the stock price has increased and the trading value has been very active. It reflects investor confidence in the company's fundamentals. which is a leading company in the logistics business in Thailand Currently, the company provides delivery services and about 350,000-600,000 items per month. There are more than 120 service points nationwide. And there are still many opportunities to grow in line with the direction of the Thai logistics industry. Ready to continue to invest in the development of infrastructure to provide services continuously. including investment in regional sorting and distribution centers (Regional Hub) in Nakhon Sawan, Nakhon Ratchasima, Surat Thani and investments in distribution centers (Distribution Center) in Bangkok to increase efficiency in sorting and distributing products

The goal is to increase the potential of delivering goods at full capacity to 1 million pieces per month within 3 years and invest in 6-wheel and 4-wheel EV transport vehicles, including building charging stations. for use in transporting goods in Bangkok and the central region It is expected to reduce fuel costs by more than 50%, helping to increase revenue and profits. This year, the company targets revenue growth of 15-20%.-Thai News Agency

Source: Thai News Agency