RS stocks receive great feedback after meeting with Japanese corporations as investors are confident in Multi-platform Commerce

Stocks and Financial Services Press Releases Tuesday October 9, 2018 12:21
Bangkok--9 Oct--RS

RS stocks attract a lot of interest after meeting with Japanese investors. It has become one of the top growth stock options, and it is expected that foreign corporate investors will increase after its new business Multi-platform Commerce (MPC) becomes a rising star, strengthening the group's financial stability.

Ladprao - Dam Nana, Chief Financial Officer of RS Public Company Limited, said that RS has an outstanding business structure and strong performance. Therefore, it has been selected as one of the six organizations from Thailand to present to investors at Thailand Corporate Day 2018 by Daiwa Capital Markets & Thanachart Securities during october 4-5, 2018 in Tokyo, Japan. It was well-received by corporate investors, as RS is one of the most prominent growth stock options. The company is expanding and its performance is growing steadily. On top of that, it is in the SET100 Index. It is expected that RS will see more foreign corporate investors in the near future, which will further strengthen its price while also proving the quality of the company, as foreign corporate investors always carefully study every aspect before investing. Due to the long-term nature of the investment, the stock price will be more stable.

At the conference, the main draw for foreign investors was how RS had transformed from a traditional media and music company into a successful Multi-platform Commerce (MPC) company. Its new businesses have been doing well, and will continue into the fourth quarter of the year, with 100 SKUs to be on offer within the end of the year. RS also imports health and beauty products and takes care of marketing and distribution to increase profitability. New products are constantly introduced to the market, and the customer base has expanded to one million, with an aim to reach 1.1-1.2 million by the end of the year. Meanwhile, the telesales team is strengthened and trained to close deals and generate more sale in order to increase revenue.

At the same time, Channel 8 also attracts interest from investors. New contents are planned to further drive its rating and take its advertising revenue for 2019 to its goal. Most popular contents include new TV drama Sab Krasue, which is about Thai ghost krasue, starring former Miss Universe Thailand Chalita Suansane in her first ever TV drama, and Krissada Pornweroj. The TV drama's rating is now 2.105, which also helps boost the rating of Indian series Vighnaharta Ganesh.

RS-W3 warrants will be released October 31, 2018. The exercise price is 12.50 baht per share. The capital raised will be used in two main areas: the improvement of Channel 8's infrastructure and content production following its plan, and market expansion in the health and beauty industry, which is on the rise. It will utilize a call center system and maximized its customer database for more marketing precision. Its stocking and logistic system will also be improved.

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