HoonSmart.com>>”Sabai Technology” (SABUY) hits the floor. UOB Kay Hia Securities sees a big lot of 30 million shares coming from major shareholders. The money did not go into the company, while MGI immediately lost 37.80 million baht, buying shares at 4.50 baht. Cooperation with partners has not yet been materialized. “Nawat-Ingfa” announced on April 4 the launch of beauty brand products in the Sabuy Vending Plus cabinet.
Sabai Technology Company (SABUY), a leader in technology and financial innovation. It was heavily sold out on the afternoon of April 3, 2024 until the price completely collapsed to the floor, closing at 3.24 baht -1.40 baht or -30.17% with a trading value of 414.50 million baht. The picture flipped from April 1. The past year The price rose to a maximum of 5.50 baht after Miss Grand International (MGI) announced its participation in holding 30 million shares or 1.7% at a price of 4.50 baht per share, spending a total of 135 million baht to buy shares from Mr. Chu. Kiat Rujanapornpajee hopes to use SABUY’s sales channels and various systems that cover the country to expand the business.
In the same time period That is, on the afternoon of April 3, MGI stocks were flowing down with unusual strength. The price dropped as deep as 23 baht before bouncing up to close at 25 baht, falling.
-3.50 baht or -12.28%, trading value 271.66 million baht. The SABUY share price on the floor was 3.24 baht, causing MGI to lose 1.26 baht per share, amounting to approximately 37.80 million baht.
Mr. Kitphon Praipaisankit, Director of Analysis and Strategy at UOB Kay Hian Securities (Thailand), said that the share prices of Sabai Technology Company (SABUY) and Miss Grand International Company (MGI) adjusted. down, expected to be a result of the SABUY share trading deal of MGI investing in It is a personal matter of the major shareholders to reduce their shareholding proportion. It might be good but there’s no money coming into the company. and the entry of MGI, although it is a good result But the market is still suspicious. and are not confident in the good results of new shareholders It has no immediate effect on the company. It still takes time.
Technical signals for SABUY stock have been in a downtrend since reaching a peak of 38 baht and then gradually falling, with no signs of reversing yet. Ready to look at the support level of 2.60 baht and the resistance level of 4.40 baht. As for MGI stocks, the technical signal is down. After dropping 39 baht, it continued to fall. Ready to look at the support level of 23 baht. If it breaks, it will continue to fall. As for the resistance level of 27.50 baht.
On April 2, there were 7 big lots of SABUY shares, totaling 56.20 million shares, trading value 252.90 million baht, trading at an average price of 4.50 baht/share.
In addition, MGI’s share price has dropped since yesterday. Analysts think that this is a result of investors still not believing or not seeing the picture of MGI executives using the additional capital to invest in SABUY and many things that MGI does still take time to prove.
At the same time, MGI will have a press conference tomorrow (April 4) from 1:00-3:00 p.m. to launch beauty brand products in the Sabuy Vending Plus cabinet through the SABUY alliance by Mr. Nawat Issararaisil and Ingfah Waraha. Manager of the Miss Grand Thailand pageant Contribute information
2024-04-03 12:12:54
#SABUY #close #floor #leaves #MGI #launches #beauty #brand #products #Sabai #cabinets
