The Court’s Dismissal Gives Confidence to SISB to Gain 4% in Morning Session
A surge from the investors on SISB's shares come after the Administrative Court dismisses the petition submitted by Mr. Juti Krairiksh.
SISB Public Company Limited (SISB)’s shares have rebounded after the Administrative Court dismissed Mr. Juti Krairiksh’s petition over the Securities and Exchange Commission (SEC)’s unlawful act on allowing SISB to sell its IPO.
The share closes in the morning session at ฿4.24/share, hikes ฿0.08 or 1.92% with ฿11.4 million in value. The highest in the morning session is ฿4.34/share while the lowest is ฿4.20/share.
Finansia Syrus, SISB’s financial advisor, asserts through “Kaohoon” channel that after the dismissal, SISB’s shares have tendency and room to grow as it is a business with a concrete structure. Finansia Syrus recommends “Buy” at a target price of ฿8.84/share, seeing positive growth and well-cost management that may yield 50% of profit yearly in the next three years.
