Tillkännagivande • Apr 10
NCL International Logistics Public Company Limited has completed a Follow-on Equity Offering in the amount of THB 7 million. NCL International Logistics Public Company Limited has completed a Follow-on Equity Offering in the amount of THB 7 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 25,000,000
Price\Range: THB 0.28
Security Features: Attached Warrants
Transaction Features: Subsequent Direct Listing Tillkännagivande • Mar 03
NCL International Logistics Public Company Limited, Annual General Meeting, Apr 24, 2026 NCL International Logistics Public Company Limited, Annual General Meeting, Apr 24, 2026, at 10:00 SE Asia Standard Time. Tillkännagivande • Sep 23
NCL International Logistics Public Company Limited has completed a Follow-on Equity Offering in the amount of THB 53.12 million. NCL International Logistics Public Company Limited has completed a Follow-on Equity Offering in the amount of THB 53.12 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 66,000,000
Price\Range: THB 0.32
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 100,000,000
Price\Range: THB 0.32
Transaction Features: Subsequent Direct Listing Reported Earnings • Aug 15
Second quarter 2025 earnings released: EPS: ฿0.004 (vs ฿0.083 loss in 2Q 2024) Second quarter 2025 results: EPS: ฿0.004 (up from ฿0.083 loss in 2Q 2024). Revenue: ฿190.7m (up 28% from 2Q 2024). Net income: ฿2.25m (up ฿46.0m from 2Q 2024). Profit margin: 1.2% (up from net loss in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 11 percentage points per year, which is a significant difference in performance. Tillkännagivande • Jul 02
NCL International Logistics Public Company Limited Announces Executive Changes NCL International Logistics Public Company Limited announced the changing of chief accountant. Termination of Miss Kenika Na Nakorn as Accounting and Finance Manager. Effective Date of termination is 30 June 2025. The appointment of Miss Paveesaya Yakala as accounting manager. Effective date of appointment is 1 July 2025. New Risk • May 23
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -฿57m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-฿57m free cash flow). Share price has been highly volatile over the past 3 months (21% average weekly change). Earnings have declined by 63% per year over the past 5 years. Market cap is less than US$10m (฿147.9m market cap, or US$4.53m). Tillkännagivande • Apr 21
Ncl International Logistics Public Company Limited Appoints Tirawit Disphanurat as New Director to Replace Director Retired by Rotation NCL International Logistics Public Company Limited at it AGM held on 18 April 2025, appointed Mr. Tirawit Disphanurat as new director to replace director who was retired by rotation and did not wish to renew by the majority votes of shareholders. Tillkännagivande • Mar 17
NCL International Logistics Public Company Limited Announces Change of Chief Financial Officer NCL International Logistics Public Company Limited announced the termination of Mrs. Ravipa Koekkaivan as Vice President Finance and Accounting (Position of CFO). Effective Date of Termination: March 17, 2025 and announced the appointment of Mr. Tirawit Disphanurat as Chief Financial Officer. Effective Date of Appointment: March 17, 2025. Tillkännagivande • Mar 06
NCL International Logistics Public Company Limited Announces Resignation of Ravipa Koekkaivan as Director NCL International Logistics Public Company Limited announced the resignation of Mrs. Ravipa Koekkaivan as Director and Risk Management Committee, Corporate Governance and Sustainable Committee, Management Committee, effective March 4, 2025 due to personal business. Reported Earnings • Mar 01
Full year 2024 earnings released: ฿0.51 loss per share (vs ฿0.62 loss in FY 2023) Full year 2024 results: ฿0.51 loss per share (improved from ฿0.62 loss in FY 2023). Revenue: ฿695.0m (down 1.1% from FY 2023). Net loss: ฿268.8m (loss narrowed 18% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 48 percentage points per year, which is a significant difference in performance. Tillkännagivande • Feb 27
NCL International Logistics Public Company Limited, Annual General Meeting, Apr 18, 2025 NCL International Logistics Public Company Limited, Annual General Meeting, Apr 18, 2025, at 10:00 SE Asia Standard Time. Reported Earnings • Nov 12
Third quarter 2024 earnings released: ฿0.30 loss per share (vs ฿0.20 loss in 3Q 2023) Third quarter 2024 results: ฿0.30 loss per share (further deteriorated from ฿0.20 loss in 3Q 2023). Revenue: ฿228.1m (up 44% from 3Q 2023). Net loss: ฿159.6m (loss widened 54% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance. Tillkännagivande • Oct 10
Mr. Phuriphat Pitaganan agreed to acquire 25% stake in Cheese Digital Network Company Limited from NCL International Logistics Public Company Limited (SET:NCL) for THB 81 million . Mr. Phuriphat Pitaganan agreed to acquire 25% stake in Cheese Digital Network Company Limited from NCL International Logistics Public Company Limited (SET:NCL) for THB 81 million on October 9, 2024. A consideration of THB 20 million was owed by NCL International Logistics Public Company Limited to the buyer. The buyer will pay THB 16 million by November 25, 2024. The buyer will pay THB 20 million by December 25, 2025 and will pay THB 25 million by September 25, 2026.
For the period ending December 31, 2023, Cheese Digital Network Company Limited reported total revenue of THB 266.69 million, EBIT of THB 42.75 million and net income of THB 32.97 million. As of December 31, 2023, Cheese Digital Network Company Limited reported total assets of THB 196.28 million and total common equity of THB 122.8 million.
The transaction is subject to approval of merger agreement by target board. The deal has been approved by the board of NCL International Logistics Public Company Limited. The expected completion of the transaction is in October 2024. Tillkännagivande • Sep 14
NCL International Logistics Public Company Limited Announces Termination of Kavisara Panitudom as Financial Controller NCL International Logistics Public Company Limited announced the termination of Mrs. Kavisara Panitudom as Financial Controller. Effective Date of Termination: 13 September 2024. Tillkännagivande • Aug 09
NCL International Logistics Public Company Limited Appoints Admiral Athapol Phetchai as Managing Director - Business Development of Non - Logistics Business NCL International Logistics Public Company Limited has appointed Admiral Athapol Phetchai being the managing director - business development of non - logistics business being effective from 7 August 2024 onwards. Reported Earnings • Aug 09
Second quarter 2024 earnings released: ฿0.083 loss per share (vs ฿0.027 loss in 2Q 2023) Second quarter 2024 results: ฿0.083 loss per share (further deteriorated from ฿0.027 loss in 2Q 2023). Revenue: ฿149.6m (down 17% from 2Q 2023). Net loss: ฿43.8m (loss widened 208% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance. New Risk • Jun 11
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -฿92m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-฿92m free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 55% per year over the past 5 years. Market cap is less than US$10m (฿206.0m market cap, or US$5.61m). Reported Earnings • May 16
First quarter 2024 earnings released: ฿0.068 loss per share (vs ฿0.046 loss in 1Q 2023) First quarter 2024 results: ฿0.068 loss per share (further deteriorated from ฿0.046 loss in 1Q 2023). Revenue: ฿167.6m (down 23% from 1Q 2023). Net loss: ฿36.0m (loss widened 48% from 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance. New Risk • Apr 20
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ฿353.9m (US$9.60m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 42% per year over the past 5 years. Market cap is less than US$10m (฿353.9m market cap, or US$9.60m). Reported Earnings • Mar 02
Full year 2023 earnings released: ฿0.62 loss per share (vs ฿0.013 loss in FY 2022) Full year 2023 results: ฿0.62 loss per share (further deteriorated from ฿0.013 loss in FY 2022). Revenue: ฿722.5m (down 63% from FY 2022). Net loss: ฿328.6m (loss widened ฿321.9m from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance. Tillkännagivande • Jan 05
NCL International Logistics Public Company Limited Approves Board Changes NCL International Logistics Public Company Limited approved the acknowledgement of Miss. Chanyapat Wiphatthanananthakul resigned from the position of independent director, the Company's director, chairman of audit committee, director of the nomination and remuneration committee, director of the risk management committee and director of the corporate governance and sustainability committee due to lot of other businesses which is effective from 4 January 2024 onwards. Approved the appointment of independent director, the Company's director and managing director as follows. Mr. Priyong Teerasathian being the independent director, the Company's director, chairman of the audit committee, director of the risk management committee, director of the corporate governance and sustainability committee and director of the nomination and remuneration committee. Mr. Wit Sangwitayanon being the Company's director, director of the risk management committee, executive committee and managing director - business development of logistics business. Tillkännagivande • Dec 28
NCL International Logistics Public Company Limited Announces the Retirement of Kitti Phuathavornskul as President and Managing Director - International Business Development and Other Position in Ncl Group, Effective from 31 December 2023 NCL International Logistics Public Company Limited announced that Mr. Kitti Phuathavornskul will early retire from the Company's President and Managing Director - International Business Development and other position in NCL Group being effective from 31 December 2023 onwards. Therefore, the Early Retirement does not affect the current business operation of the Company. Tillkännagivande • Dec 13
NCL International Logistics Public Company Limited Announces Resignations of Independent Directors, Audit Committee and Directors NCL International Logistics Public Company Limited announced resignation of directors as follows: Asst. Prof. Surin Assawawitoontip, M.D. has submitted his resignation letter from the Independent Director /Vice Chairman of the Board of Director /Audit Committee /Chairman of Nomination and Remuneration Committee /Risk Management Committee /Corporate Governance and Sustainable Committee due to having lots of missions resulting being unable to fully dedicate time to perform his duty. The resignation will be effective from December 6, 2023 Mr. Kitti Phuathavornskul has submitted his resignation letter from the Company's Director /Risk Management Committee /Management Committee. The resignation will be effective from December 31, 2023 Miss Pornthip Sae-lim has submitted his resignation letter from the Company's Director /Risk Management Committee /Management Committee. The resignation will be effective from December 31, 2023. Reported Earnings • Nov 18
Third quarter 2023 earnings released: ฿0.20 loss per share (vs ฿0.063 loss in 3Q 2022) Third quarter 2023 results: ฿0.20 loss per share (further deteriorated from ฿0.063 loss in 3Q 2022). Revenue: ฿158.4m (down 65% from 3Q 2022). Net loss: ฿103.6m (loss widened 212% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Tillkännagivande • Nov 09
NCL International Logistics Public Company Limited Announces Executive Changes NCL International Logistics Public Company Limited informed the resolution of the Board of Director's Meeting No.6/2023 held on November 8, 2023, approved the appointment of Asst. Prof. Surin Assawawitoontip, M.D., Independent Director to be the Vice Chairman of the Board of Directors effective from November 8, 2023 onwards. Approved the appointment of Miss Ratirat Chanagjan to be the Company Secretary replacing Miss Atcharaporn Yotha, effective from November 8, 2023 onwards. Therefore, the Board of Directors are as follows: Adm. Surapong Amnucksoradeja as Chairman of the Board of Director/Independent Director; Asst. Prof. Surin Assawawitoontip, M.D. Vice Chairman of the Board of Director /Independent Director; Miss Chanyapat Wiphatthanananthakul as Director /Independent Director; Mr. Parnkorn Kirativarasedt as Director /Independent Director; Mr. Kitti Phuathavornskul as Director; Mr. Pongthep Vichaikul as Director; Miss Pornthip Sae-Lim as Director; Mrs. Ravipa Koekkaivan as Director. New Risk • Oct 27
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Thai stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Market cap is less than US$100m (฿1.09b market cap, or US$30.1m). Reported Earnings • Aug 17
Second quarter 2023 earnings released: ฿0.027 loss per share (vs ฿0.005 profit in 2Q 2022) Second quarter 2023 results: ฿0.027 loss per share (down from ฿0.005 profit in 2Q 2022). Revenue: ฿200.0m (down 65% from 2Q 2022). Net loss: ฿14.2m (down ฿17.0m from profit in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 42% per year, which means it is well ahead of earnings. Tillkännagivande • May 24
JSP Pharmaceutical Manufacturing (Thailand) Public Co., Ltd. (SET:JSP) completed the acquisition of 52.8% stake in Grace Water Med Co., Ltd from NCL International Logistics Public Company Limited (SET:NCL). JSP Pharmaceutical Manufacturing (Thailand) Public Co., Ltd. (SET:JSP) agreed to acquire 52.8% stake in Grace Water Med Co., Ltd from NCL International Logistics Public Company Limited (SET:NCL) for THB 43.9 million on May 10, 2023. NCL International Logistics Public Company Limited will dispose the investment in Grace Water Med Co.,Ltd. in amount of 21,118 shares and Grace Water Med Co., Ltd. will end being the subsidiary of the Company. Transaction is expected to Complete on June 2023. As on May 12, 2023, the transaction was approved by JSP Pharmaceutical Manufacturing (Thailand) PCL. Board of Directors.JSP Pharmaceutical Manufacturing (Thailand) Public Co., Ltd. (SET:JSP) completed the acquisition of 52.8% stake in Grace Water Med Co., Ltd from NCL International Logistics Public Company Limited (SET:NCL) on May 23, 2023. Grace Water Med Company Limited has become subsidiary of JSP Pharmaceutical since May 23, 2023. Reported Earnings • May 13
First quarter 2023 earnings released: ฿0.046 loss per share (vs ฿0.059 profit in 1Q 2022) First quarter 2023 results: ฿0.046 loss per share (down from ฿0.059 profit in 1Q 2022). Revenue: ฿218.1m (down 63% from 1Q 2022). Net loss: ฿24.3m (down 179% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Feb 13
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Financial Controller & Director Kavisara Panitudom was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Jan 19
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ฿2.90, the stock trades at a trailing P/E ratio of 48.3x. Average trailing P/E is 18x in the Logistics industry in Thailand. Total returns to shareholders of 190% over the past three years. Tillkännagivande • Jan 06
NCL International Logistics Public Company Limited Announces Executive Changes NCL International Logistics Public Company Limited announced the change of CFO. The company announced the termination of Mrs. Kavisara Panitudom as Acting to Vice President Finance and Accounting. Effective date of termination is January 6, 2023. The company also announced the appointment of Mrs. Ravipa Koekkaivan as Vice President Finance and Accounting. Effective date of appointment is January 6, 2023. Valuation Update With 7 Day Price Move • Dec 22
Investor sentiment improved over the past week After last week's 21% share price gain to ฿3.14, the stock trades at a trailing P/E ratio of 52.3x. Average trailing P/E is 14x in the Logistics industry in Thailand. Total returns to shareholders of 191% over the past three years. Reported Earnings • Nov 19
Third quarter 2022 earnings released: ฿0.063 loss per share (vs ฿0.09 profit in 3Q 2021) Third quarter 2022 results: ฿0.063 loss per share (down from ฿0.09 profit in 3Q 2021). Revenue: ฿447.0m (down 22% from 3Q 2021). Net loss: ฿33.2m (down 181% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 18
Second quarter 2022 earnings released: EPS: ฿0.005 (vs ฿0.042 in 2Q 2021) Second quarter 2022 results: EPS: ฿0.005 (down from ฿0.042 in 2Q 2021). Revenue: ฿571.9m (up 66% from 2Q 2021). Net income: ฿2.77m (down 85% from 2Q 2021). Profit margin: 0.5% (down from 5.5% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 42% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 11
Investor sentiment improved over the past week After last week's 23% share price gain to ฿3.50, the stock trades at a trailing P/E ratio of 15.2x. Average trailing P/E is 13x in the Logistics industry in Thailand. Total returns to shareholders of 189% over the past three years. Reported Earnings • May 19
First quarter 2022 earnings released: EPS: ฿0.059 (vs ฿0.044 in 1Q 2021) First quarter 2022 results: EPS: ฿0.059 (up from ฿0.044 in 1Q 2021). Revenue: ฿589.4m (up 77% from 1Q 2021). Net income: ฿31.0m (up 55% from 1Q 2021). Profit margin: 5.3% (down from 6.0% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Mar 08
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ฿3.70, the stock trades at a trailing P/E ratio of 17.6x. Average trailing P/E is 23x in the Logistics industry in Thailand. Total returns to shareholders of 149% over the past three years. Reported Earnings • Feb 28
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: ฿0.24 (up from ฿0.057 loss in FY 2020). Revenue: ฿1.92b (up 118% from FY 2020). Net income: ฿111.1m (up ฿137.2m from FY 2020). Profit margin: 5.8% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 45% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jan 21
Investor sentiment improved over the past week After last week's 16% share price gain to ฿4.70, the stock trades at a trailing P/E ratio of 29.8x. Average trailing P/E is 35x in the Logistics industry in Thailand. Total returns to shareholders of 237% over the past three years. Reported Earnings • Nov 17
Third quarter 2021 earnings released: EPS ฿0.09 (vs ฿0.002 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ฿584.8m (up 175% from 3Q 2020). Net income: ฿41.1m (up ฿41.8m from 3Q 2020). Profit margin: 7.0% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth. Executive Departure • Aug 25
Company Secretary Rungarun Bongkodkanok has left the company On the 16th of August, Rungarun Bongkodkanok's tenure as Company Secretary ended after 2.8 years in the role. We don't have any record of a personal shareholding under Rungarun's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 6.58 years. Reported Earnings • Aug 18
Second quarter 2021 earnings released: EPS ฿0.042 (vs ฿0.041 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ฿352.1m (up 81% from 2Q 2020). Net income: ฿18.9m (up ฿37.3m from 2Q 2020). Profit margin: 5.4% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth. Executive Departure • Aug 05
Independent Director Jitmanee Suwannapool has left the company On the 27th of July, Jitmanee Suwannapool's tenure as Independent Director ended after 6.2 years in the role. We don't have any record of a personal shareholding under Jitmanee's name. Jitmanee is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 6.58 years. Reported Earnings • May 13
First quarter 2021 earnings released: EPS ฿0.044 (vs ฿0.001 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ฿338.9m (up 27% from 1Q 2020). Net income: ฿20.0m (up ฿20.4m from 1Q 2020). Profit margin: 5.9% (up from net loss in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Mar 12
New 90-day high: ฿1.03 The company is up 49% from its price of ฿0.69 on 09 December 2020. The Thai market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Logistics industry, which is up 12% over the same period. Reported Earnings • Feb 25
Full year 2020 earnings released: ฿0.057 loss per share (vs ฿0.024 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: ฿917.2m (down 28% from FY 2019). Net loss: ฿26.1m (down 336% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings. Reported Earnings • Nov 14
Third quarter 2020 earnings released: ฿0.002 loss per share The company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: ฿220.9m (down 29% from 3Q 2019). Net loss: ฿726.0k (down 128% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 44% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Nov 12
New 90-day low: ฿0.54 The company is down 31% from its price of ฿0.78 on 14 August 2020. The Thai market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Logistics industry, which is up 10.0% over the same period. Is New 90 Day High Low • Oct 19
New 90-day low: ฿0.60 The company is down 31% from its price of ฿0.87 on 21 July 2020. The Thai market is down 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Logistics industry, which is up 11% over the same period. Is New 90 Day High Low • Oct 01
New 90-day low: ฿0.62 The company is down 16% from its price of ฿0.74 on 03 July 2020. The Thai market is down 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Logistics industry, which is up 17% over the same period. 
