EA Ends Rumors That NEX Is in Trouble, Opens Its Arms to Embrace Every Step of the Way – Stock Dimensions


Stock Dimensions – EA shares were affected by selling pressure from foreign investors, and Amon confirms that business remains strong in both power plants and electric cars, and insists on delivering 5,000 cars this year. Willing to add funds to increase RO capital in NEX at full capacity.

EA or Energy Absolute Public Limited Due to selling pressure from foreign investors, the stock price yesterday (June 27, 2024) fell to the lowest level at 14.90 baht, however, Mr. Amorn Sapthawaikul, Executive Vice President, said that the investment stock price fell more than the fundamentals. Investors are very concerned about the prices of stocks and companies.

Ready to raise capitalNix To make the deal successful

It is accepted that the power plant business may be affected by reduced additives at the Nakhon Sawan Power Plant. If the government keeps the value per foot at 1 baht, this affects margins. But the electric vehicle business is going through a period of growth. It maintains the target of delivering 5,000 vehicles during this year in the period Q2/67 and it is expected that approximately 500-600 vehicles will be delivered normally and the business cycle will enter an upward trend in the second half of the year.

a job Eve Entering the peak season in the second half of the year

In addition, EA has sufficient cash flow to exercise its rights to purchase additional RO Shares of NEX in proportion to its shareholding and is prepared to exercise its rights to purchase excess RO Shares in the event that other shareholders do not exercise their rights. In order to successfully raise NEX's capital, it reflects the investors' determination to do business with EA Group. Returning investor confidence to analysts give the average base price at 35 baht, and the resistance level at 27 baht.

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