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SEC orders ‘Delta’ to continue cash balance after finding price inconsistent with fundamentals

SEC orders ‘Delta’ to continue cash balance after finding price inconsistent with fundamentals

On January 26, the Stock Exchange of Thailand Make a notice saying Delta Electronics (Thailand) Public Company Limited Entered into trading regulatory measures from 27 Jan – 16 Feb 2021

In this regard, members are required to allow clients to buy securities with a Cash Balance account only, whereby customers are required to place cash in advance with members in full before purchasing securities. Turnover And trading prices that do not correspond to fundamental factors such as P / E Ratio, etc.

Previously, the stock exchange Has announced Cash Balance, Delta Electronics (Thailand) Public Company Limited, starting on January 6, 2021.

However, the current trading price is 550 baht, up 52 baht today (26 Jan).

Opening the market this morning, the ‘Delta’ hit another 732 baht.

Delta explained the SET “I don’t know” the stock price jumped abnormally. Stick to cash balance, the first day immediately falls, 86 baht


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