In today’s briefing:
- Krungthai Card (KTC TB): Buy With Both Hands As Pledged Shares Rollover
Krungthai Card (KTC TB): Buy With Both Hands As Pledged Shares Rollover
- Late last month, shares in Krungthai Card (KTC TB), XSpring Capital (XPG TB), BEC World Public (BEC TB), and The Practical Solution (TPS TB) all went limit down. Twice.
- As discussed in Krungthai Card (KTC TB): Buying Opportunity After Margin Call, Mongkol Prakitchaiwattana had pledged his shares in all four companies, reportedly leading to margin calls.
- Yesterday, the SET released an updated list of securities pledged in margin accounts. Notably, pledged shares in KTC has fallen to 3.8% of shares outstanding from 16.3% the previous month.
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