Samart Telcoms Public Company Limited (SAMTEL) Moves Up 2.68% on Feb 15

February 15, 2018 - By Peter Erickson

Shares of Samart Telcoms Public Company Limited (BKK:SAMTEL) last traded at 11.5, representing a move of 2.68%, or 0.3 per share, on volume of 2,700 shares. After opening the trading day at 11.2, shares of Samart Telcoms Public Company Limited traded in a close range. Samart Telcoms Public Company Limited currently has a total float of 618.00M shares and on average sees 94,028 shares exchange hands each day. The stock now has a 52-week low of 10.9 and high of 16.8.

Thailand’s Rise To Economic Power

By 2019, Asia is widely expected to make up roughly 26% of the global financial wealth. The same expectations share Samart Telcoms Public Company Limited and its stocks. This massive growth is primarily driven by thriving Asian nations such as Thailand.

Although the unforgettable 1997 Asian Financial Crisis had sparked from Thailand’s foreign currency woes, Asia has gone a long way from there particularly because of Thailand as well.

1997 Asian Financial Crisis

The 1997 Asian Financial Crisis is a historical downfall from where many lessons can be learned. Since then, Thailand has been well-positioned to stay as competitive as bigger countries such as China and Japan.

Indonesia, Singapore, and Thailand had suffered a lot from the 1997 Asian Financial Crisis. The least affected Asian nations include Brunei, China, Singapore, Taiwan, and Vietnam.

Gradually, all of these nations had recouped, leading Asia to where it is now. It can be seen by the number of investors who want to work with Samart Telcoms Public Company Limited. The recovery can be largely attributed to the compelling equity markets in the region.

Thai Equity Market

The Stock Exchange of Thailand (SET) is the primary stock exchange in Thailand. As of January 31, 2015, nearly 600 companies are already listed on the SET. Consequently, as of the said date, it has a total market capitalization of $460 billion.

It may not be as large as other Asian stock exchanges but it is equally full of potentials. The SET is also the first stock exchange in Asia to join the United Nations (UN) Sustainable Stock Exchanges initiative.

Pre-market morning trading on the SET starts at 9:30 a.m., lasting for 25 minutes to 30 minutes. As soon as it ends, the regular morning trading starts, lasting until 12:30 p.m. There is an hour and a half break before the pre-market afternoon trading starts at 2:00 p.m., lasting for 25 minutes to 30 minutes. As soon as it ends, the regular afternoon trading starts, lasting until 4:30 p.m. Post-market trading immediately follows, lasting for 30 minutes to 40 minutes.

The SET Index, Thailand’s main index, was founded on April 30, 1975, which also serves as its base date. It measures all SET stocks based on market capitalization using the base value of 100 points. The same goes for Samart Telcoms Public Company Limited stocks.

The SET Index features two sub-indices: 1) SET50, which tracks the top 50 companies on the SET; and 2) SET100, which tracks the top 100 companies on the SET.

There are numerous sectors in the SET50. However, the three biggest sectors include the Energy, Materials, and Transporation sectors. The SET50 is revised twice a year, specifically every December and January. All the changes made during these periods reflect on the first session in January and July, respectively.

The SET50 has a base value of 1,000 points, which had been determined on itd publication day in August 1995. It had reached an all-time low of 636.07 points in October 2011; and an all-time high of 1,079.78 points in May 2013.

Entering Asian equity markets is highly recommended nowadays. As for that of Thailand, there is no better time to invest on SET stocks than today.

More recent Samart Telcoms Public Company Limited (BKK:SAMTEL) news were published by: Reuters.com which released: “Thailand to boost Internet coverage to push up economic growth” on February 17, 2015. Also Reuters.com published the news titled: “Thailand’s Loxley, China Telecom unit to jointly seek TOT partnership” on June 24, 2015. Reuters.com‘s news article titled: “Samart Telcoms Pcl Appoints Sumpun Boonyanun As Chairman‍​” with publication date: December 01, 2017 was also an interesting one.

Samart Telcoms Public Company Limited operates as a fully-integrated information and communication technology services well-known provider in Thailand. The company has market cap of $7.11 billion. The firm operates in three divisions: Network Solutions, Enhanced Technology Solutions, and Business Application. It has a 31.86 P/E ratio. The Network Solutions segment provides advanced solutions for telecommunications and data communication networks comprising consultation, survey, design, installation and implementation, and system management services, as well as professional maintenance services for wired and wireless networks, including core networks, access networks, and network equipment and end devices; and various communications services through high-speed networks and satellite communications.

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By1 Peter Erickson

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