Thai Airways Intl Foreign (CE) (TAWNF) 銘柄情報

Looks like old share will stay but new shares will be issued thus diluting OS by about 15X. Shares outstanding go from about 2B to 32B after the restructuring from the rehabilitation plan if all is subscribed for debt conversion and shares offered to employees / existing shareholders. So trading again in future if relisted would be like a 15 bagger just to stay at same price as before. Not bad if it happens and we get our money back.  Better than having the shares wiped. I believe the business will need to grow further to get any material incremental baggers. The published market value assessment published for the creditors (can be found on investor page of Thai Airways website) is right where they priced the employee/ shareholder 4.5 to 1 shares. Around 4.48 bhat. Creditors are getting shares for about 1/2 this price. The estimated time for relisting assuming all goes well is mid 2025 to relist on SET. Not sure about OTC timing. 


LATAM airline relisted earlier this fall roughly flat to when they delisted but now is up $5 to about $30. 


I'm thinking Thai may have same market response. What do others think? All the above is my opinion. I am an amateur that is also a current bag holder.

What do we foresee as long term possibilities here in regards to SP? All time high is $1.29 so at the .14 cent buy in we'd be hoping for a 10 bagger if all plays out as planned?

Through the new offering does anything happen to old shares or will they trade with the rest of em once they start trading again? Thanks.

Thank you, I'll give them a call.

I believe all you need to do is call ETrade and advise you want to exercise your rights for the stock subscription (what I am able to do with Schwab/TD)

Anyone know how to participate on eTrade?

Bag holder here from 15cents. Anyone planning to participate in the share offer? Shareholders can buy 4.5 shares for each 1 they own. Have confirmed with Schwab that they will exercise the rights upon request even though they did not send notice of the rights offering. It's available till Dec 12. Prices is around 14 cents per share. According to prospectus online creditors have fully subscribed to what they are entitled to.

Just received this today but looks like might of already happened:

12/02/24 17:15:22
THAI AIRWAY INTERNATIONAL PCL IS OFFERING A NON-TRANSFERABLE SUBSCRIPTION
PRIVILEGE TO HOLDERS OF ITS ORDINARY SHARES AS OF RECORD DATE 10/31/24.
Shareholders have the option to subscribe to 4.50 shares of Thai Airways
International (SEDOL: 6888868) for every 1.00 share held. The subscription
price is THB 4.48.
If you exercise all of your allocated rights, you have the opportunity to
oversubscribe for additional shares, subject to availability and proration.

Damn! What’s going on here people?

U are very welcome….looking forward to trade next year again

Nice

Wow! Someone was desperate to junk 5000 shares, but why?

How many OS?

Could we see $1.00-$2.00 per share in the future? I believe so

Thai Airlines Top 10 in Travel & Leisure Magazine 2024

https://www.thaiairways.com/sites/en/news/news_announcement/news_detail/travel-and-leisure-2024.page#:~:text=THAI%20Ranked%20Among%20Top%2010,in%20the%20Best%20International%20Airlines&text=Thai%20Airways%20International%20Public%20Company,LEISURE%20World's%20Best%20Awards%202024.

Thanks for sharing, Pete.

https://www.traveldailymedia.com/thai-airways-releases-q2-2024-operational-performance-report/

fixed income now..stay away from mkrt..lol

Congratulations on retiring from the bus! What are your plans?

I still hold that dog..Hay Smilin I am retired..

I’m not holding any in NOK, GLTU.

And what about NOKPF ?

Great news. Thank you GLTY

Still gotta sit tight for a while but this seems positive

https://www.bangkokpost.com/business/general/2844722/thai-airways-targets-set-return-in-2025

https://www.nationthailand.com/pr-news/pr-news/40038551?fbclid=IwY2xjawEjes9leHRuA2FlbQIxMAABHXVqErorwKPpg4NlY-0o9m93AJGJ6p7m_eoqqnRFzUxWoAeN2vxu-UprPQ_aem_UFoeu5AYSB_jY54wpIz-6Q

Some weird stuff going on

Be patient maybe a big buyout behind the scenes and these dollar buys are a Steal!! Anythings possible

What the heck?! Someone please buy my shares that I have up for $1.00 a share. I can't believe this is now trading at this level even if gray.

Wow! There’s a pulse.

This could really take off once trading resumes.

Ask the company

When’s the RS? Not to mention the fact there expert market???

Awesome news

https://thethaiger.com/news/national/thai-airways-set-for-shock-stock-market-comeback-srettha

That’s amazing if we can see it in Oct

Yep

That would be very cool if that happens

Start trading on October of this year.

At this point, 2025 will be fine...

Awesome news

https://aseannow.com/topic/1328014-thai-eyes-early-stock-market-return-this-year/

https://thethaiger.com/news/national/thailand-aims-to-become-regional-aviation-hub-by-2030

Probably next year it will run really hard

Probably another year it should run hard

https://thethaiger.com/news/national/thai-airways-set-for-shock-stock-market-comeback-srettha

Thai government plans to inject $12billions to relisting stock

https://www.bangkokpost.com/business/general/2798470/thai-airways-to-get-b12bn-injection-ahead-of-relisting

Thank you. Could get real good here.

https://aseannow.com/topic/1328014-thai-eyes-early-stock-market-return-this-year/#google_vignette

It will blow past 6 cents when this gets HOT. It will be trading up a few cents a day IMO. GLTY

I've been locked and loaded on this thing since 6 cents.I love to see 6 cents..

I’m loaded up. Looking forward to the 3 to 5 dollar range next year. GLTY